THE MONETARY POLICY OF THE CENTRAL BANK OF NIGERIA

INTRODUCTION

As a catalyst in the process of economic growth and development, the Nigeria financial system has become increasingly deep broad and sophisticated in structure. Over the last few decades in Nigeria financial system has undergone remarkable changes in term of ownership structure, the depth and breath of instruments employed the number of institution established, the economic environment and the regulatory framework within which the system operates.

This project is aim of enlightening the reader or the Nigeria financial system with particular reference to its structure, operation and recent development.

TABLE OF CONTENT

TITLE PAGE i

APPROVAL PAGE ii

DEDICATION iii

ACKNOWLEDGEMENT iv

TABLE OF CONTENT v

CHAPTER ONE

1.1 Introduction 1

1.2 The concept of monetary policy 2

1.3 Technique and instrument of monetary policy 3

1.4 Liquidity management in monetary policy 7

1.5 Administration of monetary policy in Nigeria 8

CHAPTER TWO

2.1 The establishment of the central bank of Nigeria 10

2.2 The objective and organization of Central Bank 12

2.3 The reason for the establishment of Central Bank 20

2.4 The function of Central Bank of Nigeria 21

CHAPTER THREE

3.1 Summary 26

3.2 Conclusion 28

3.3 Recommendation 29

BIBLIOGRAPHY 30

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APA

ShC49Ph5c0009dd836123.71809855, B. (2018). THE MONETARY POLICY OF THE CENTRAL BANK OF NIGERIA. Afribary. Retrieved from https://beta.afribary.com/works/the-monetary-policy-of-the-central-bank-of-nigeria-9220

MLA 8th

ShC49Ph5c0009dd836123.71809855, BPZusgD5c0009dd813ad5.89971962 "THE MONETARY POLICY OF THE CENTRAL BANK OF NIGERIA" Afribary. Afribary, 29 Jan. 2018, https://beta.afribary.com/works/the-monetary-policy-of-the-central-bank-of-nigeria-9220. Accessed 24 Apr. 2025.

MLA7

ShC49Ph5c0009dd836123.71809855, BPZusgD5c0009dd813ad5.89971962 . "THE MONETARY POLICY OF THE CENTRAL BANK OF NIGERIA". Afribary, Afribary, 29 Jan. 2018. Web. 24 Apr. 2025. < https://beta.afribary.com/works/the-monetary-policy-of-the-central-bank-of-nigeria-9220 >.

Chicago

ShC49Ph5c0009dd836123.71809855, BPZusgD5c0009dd813ad5.89971962 . "THE MONETARY POLICY OF THE CENTRAL BANK OF NIGERIA" Afribary (2018). Accessed April 24, 2025. https://beta.afribary.com/works/the-monetary-policy-of-the-central-bank-of-nigeria-9220

THE MONETARY POLICY OF THE CENTRAL BANK OF NIGERIA

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