Locally owned private-sector banks and non-bank financial institutions (NBFIs)-henceforth
local banks1-have, since the mid-1980s, gained a significant share of banking and financial …

For decades the major focus of the Central Bank of Nigeria (CBN) has been the formulation
and implementation of monetary policies on how to achieve the macroeconomic goals of low …

This study examines the efficacy of monetary policy in achieving Balance of Payments
stability in Nigeria. One of the stabilization policies with which the government of Nigeria …

Since the early 1980s, the ratio of domestic government debt to gross domestic product
(GDP) in Nigeria has risen sharply. By 1964, the level of domestic debt was 5.5 percent of …

Due to widespread bank scandals and failures around the world, there has been renewed
interest in the effect of corporate governance on bank performance. The majority of research …

This study investigated the impact of fiscal and monetary policy on Nigerian economic
growth from 1981 to 2015, with the interest in exploring which of fiscal or monetary policy …

This is a study on interest rate volatility, a crucial form of volatility which affects local and
foreign investments in the real and financial sectors. Whether to prioritize interest rate …

This study analyzes the implications of currency substitution and exchange rate volatility for
monetary policy in Nigeria. It adopts the unrestricted portfolio balance model of currency …

The financial sector has witnessed several reforms over the decade. The associated impact
of this is also felt in the agricultural sector. The study was carried out to assess the impact of …

The paper examines the adjustment of retail and money market interest rates to changes in
discount corridor of the monetary policy in Nigeria. A vector error correction model was …