THE ROLE OF CENTRAL BANK OF NIGERIA IN THE REGULATION OF NIGERIA ECONOMY THROUGH MONETARY POLICY (A CASE STUDY OF CENTRAL BANK OF NIGERIA ENUGU BRANCH)

ABSTRACT

The study was done to ascertain the role of Central Bank of Nigeria plays in the regulation of Nigerian economy using the monetary policy. Among the goals of economic stabilization the most important is to achieve full employment, price stability, balance of payments and exchange rate stability, hence the regulation of the economy using monetary policy. To solve the research problem, primary and secondary data were collected. The research instrument used in collecting the data were the questionnaires and oral interview. The respondents comprised of the top business executions both private and public servants. The population of the study and the population sample is 100 and 80 respectively. The researcher employed statistical techniques of simple percentage frequency to analyze the data collected. The researcher’s findings showed that while monetary policy has been vital tool used by the Central Bank of Nigeria to regulate the economy, some hindrances still arise as a result of some variables such as socio-political problems. However, the researcher is of the view that the Government, the Central Bank of Nigeria and other relevant monetary authority are able to come up with some policies such as fiscal policies to augment the monetary policy, the Nigerian economy will surely be best managed.

TABLE OF CONTENTS

Title page ii

Approval page iii

Acknowledgement iv

Table of contents vi

Abstract v

CHAPTER 1: INTRODUCTION

Background of the study 1

Statement of problem 3

The purpose of the study 4

Significance of the Study 5

Scope of the study 6

Research questions 6

Definition of terms 7

CHAPTER 2: LITERATURE OF RELATED LITERATURE

Meaning of bank 8

Brief history and meaning of CBN 10

Objectives and functions of CBN 14

The role of central bank in economic development 20

Regulatory monetary policy of CBN 24

The problems of Nigeria economy 33

CHAPTER 3: RESEARCH METHODOLOGY AND DESIGN

Research design 39

Area for the study 40

Population for the Study 41

Sample and sampling procedure 40

Instrument for data Collection 41

Validity of the Instrument 41

Reliability of the Instrument 42

Method of data Administration of the Instrument 42

Method of Data Analysis 42

CHAPTER 4: PRESENTATION AND ANALYSIS OF DATA

Presentation and analysis of data 43

CHAPTER 5: SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION

Summary of findings 51

Recommendation 52

Limitations of the study 54

Reference 56

Appendix 61

Report Access / View File

Overall Rating

0

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

APA

ShC49Ph5c0009dd836123.71809855, B. (2018). THE ROLE OF CENTRAL BANK OF NIGERIA IN THE REGULATION OF NIGERIA ECONOMY THROUGH MONETARY POLICY (A CASE STUDY OF CENTRAL BANK OF NIGERIA ENUGU BRANCH). Afribary. Retrieved from https://beta.afribary.com/works/the-role-of-central-bank-of-nigeria-in-the-regulation-of-nigeria-economy-through-monetary-policy-a-case-study-of-central-bank-of-nigeria-enugu-branch-1747

MLA 8th

ShC49Ph5c0009dd836123.71809855, BPZusgD5c0009dd813ad5.89971962 "THE ROLE OF CENTRAL BANK OF NIGERIA IN THE REGULATION OF NIGERIA ECONOMY THROUGH MONETARY POLICY (A CASE STUDY OF CENTRAL BANK OF NIGERIA ENUGU BRANCH)" Afribary. Afribary, 29 Jan. 2018, https://beta.afribary.com/works/the-role-of-central-bank-of-nigeria-in-the-regulation-of-nigeria-economy-through-monetary-policy-a-case-study-of-central-bank-of-nigeria-enugu-branch-1747. Accessed 25 Apr. 2025.

MLA7

ShC49Ph5c0009dd836123.71809855, BPZusgD5c0009dd813ad5.89971962 . "THE ROLE OF CENTRAL BANK OF NIGERIA IN THE REGULATION OF NIGERIA ECONOMY THROUGH MONETARY POLICY (A CASE STUDY OF CENTRAL BANK OF NIGERIA ENUGU BRANCH)". Afribary, Afribary, 29 Jan. 2018. Web. 25 Apr. 2025. < https://beta.afribary.com/works/the-role-of-central-bank-of-nigeria-in-the-regulation-of-nigeria-economy-through-monetary-policy-a-case-study-of-central-bank-of-nigeria-enugu-branch-1747 >.

Chicago

ShC49Ph5c0009dd836123.71809855, BPZusgD5c0009dd813ad5.89971962 . "THE ROLE OF CENTRAL BANK OF NIGERIA IN THE REGULATION OF NIGERIA ECONOMY THROUGH MONETARY POLICY (A CASE STUDY OF CENTRAL BANK OF NIGERIA ENUGU BRANCH)" Afribary (2018). Accessed April 25, 2025. https://beta.afribary.com/works/the-role-of-central-bank-of-nigeria-in-the-regulation-of-nigeria-economy-through-monetary-policy-a-case-study-of-central-bank-of-nigeria-enugu-branch-1747

THE ROLE OF CENTRAL BANK OF NIGERIA IN THE REGULATION OF NIGERIA ECONOMY THROUGH MONETARY POLICY (A CASE STUDY OF CENTRAL BANK OF NIGERIA ENUGU BRANCH)

0

Document Details

Related Works