Economics Commons^™

The Determinants And Control Of Money Stock In Nigeria, E. O. Akinnifesi, Toyin Phillips

Economic and Financial Review

The paper is divided into five sections. Section I reviews Central Bank's monetary control measures as adopted since 1959 thus highlighting the successes and limitations of the Policy instruments. Section II presents a brief review of the controversy between the "monetarists" and the " fiscalists" so as to provide some theoretical underpinnings for this study, while Section III actually deals with the specifications of the behavioural functions. The empirical results are presented in Section IV and the last section summarises the findings and the conclusions thereupon.

Devaluation And Balance Of Payments In Ecowas Countries: A Study Of Nigeria's Exchange Rate Policy, C. C. Ozumba

Economic and Financial Review

The purpose of this paper is to review Nigeria's exchange rate policy as outlined above, and in doing so, one finds it compelling, and hopefully rewarding, to take a general look at the exchange rate policies in selected African countries, focusing particularly on the effects of devaluation on balance of payments. Accordingly, the paper first presents an analytical framework in which a monetary approach is considered most useful. The next section introduces a simplified monetary model. Following that, there is a discussion of statistical testing and results. The final section considers the implications for policy in Nigeria, appraising in some …

The Consequences Of Rapid Population Growth On Nigeria's Economic Development: A Simple Econometric Analysis, Richard A. Eniang

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this study was to examine the economic implications of a rapid population growth on Nigeria's economic development. It was particularly interesting to study the relationship, because at the present Nigeria is making some economic progress while undergoing a demographic transition. Apparently, despite the acceptable growth of the national income, the growth of the per capita output has not been encouraging. This output growth must have been hampered by the rather rapid population growth in Nigeria.

The neoclassical growth theory was basically employed to explain the growth of output in the economy in terms of both capital and …

Nigeria's External Trade In The First Quarter Of 1966, Central Bank Of Nigeria Cbn

Economic and Financial Review

The article highlights the achievements of Nigeria's external trade in the first quarter of 1966 which was a result of increase in exports and decline in imports.

Statistical Section (December 1965), Central Bank Of Nigeria Cbn

Economic and Financial Review

The article contains statistical section which provides data for central banking, currency, commercial banking, money and capital market, public finance, other financial institutions, national savings, foreign exchange reserves, international trade, production and fuel and power for the year 1960 - 1965.