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The Effectiveness of Monetary Policies in the Nigerian Economy

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The Effectiveness of Monetary Policies in the Nigerian Economy


This page presents an excerpt of the available research material, including the Preliminary Pages, Table of Contents, Abstract, Chapters One to Five, and References. It provides a comprehensive overview of the study, enhancing readability and accessibility for students, and researchers seeking complete material on “The Effectiveness of Monetary Policies in the Nigerian Economy”.


ACKNOWLEDGEMENT


I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Banking and Finance (BF) for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on The Effectiveness of Monetary Policies in the Nigerian Economy provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.




PRELIMINARY PAGES


CHAPTER ONE

Introduction

  • 1.1 Statement of the problem and purpose of the study
  • 1.2 Reason for the study
  • 1.3 Significance of the study
  • 1.4 Definition

CHAPTER TWO

Literature review

  • 2.1 Definition of monetary policy
  • 2.2 Instrument of monetary policy
  • 2.3 Conduct of monetary policy
  • 2.4 Monetary policy in the economy
  • 2.5 The prospect of effectiveness of the monetary policy

CHAPTER THREE

Hypothesis methodology sources of data and the limitations of the study.

  • 3.1 Hypothesis
  • 3.2 Methodology
  • 3.3 Sources of data
  • 3.4 Limitation of the study

CHAPTER FOUR

The presentation analysis of data and discussion of results

  • 4.1 Presentation of data
  • 4.2 Analysis of data
  • 4.3 Discussion of results.

CHAPTER FIVE

Summary conclusion recommendation and suggestion for further study

  • 5.1 Summary of the work
  • 5.2 Conclusion
  • 5.3 Recommendation
  • 5.4 Suggestion for further studies
  • REFERENCES




1.1 Statement Of The Problem And Purpose Of The Study

Some years ago, Nigerian economy was faced with the problems of circulation of money. He major problems that affected the economy were price instability unemployment balance of payment which hindered the economic growth.

As time went on, he government decided to establish a policy which was know as “monetary policy” which will be used to control the economy by monetary authorities to check the volume of money quantity availability cost and direction money and credit in the economy as a hole.

The purpose of the study is listed beneath:

− To find the effect of monetary policy on employment in the Nigerian economy


1.2 Reasons For The Study

The reasons for the study is to know the effectiveness of monetary policy banking sector of Nigeria and some of the reasons are listed beneath-

  1. To know the reason why monetary policy is vital instrument in the banking sector.
  2. To know the effectiveness of monetary policy on banking sector in Nigeria.
  3. To consolidate banking activities in the economy.
  4. To stabilize the availability of monetary in circulation in the Nigerian economy.

1.3 Significance Of The Study

In this course of study throughout the process I have acquired in my study which I have gone through and I have realized that the government and the banks will benefit more form this research work and even those in the department of banking and finance and other financial studies which readers will benefit form it and further looking into it I observed that it will help the global world by acquiring more knowledge through reading my research.


1.4 Definition Of The Terms

The terms used in my research will be firstly defined as follows:


Effectiveness:

According to the oxford dictionary it is the act of producing the result that is wanted intended.


Monetary Policy:

According to John Orjih referred to monetary policy “as a deliberate government policy which manipulates the cost of and availability of money and credit as a means of achieving the desired level of prices employment output and other economic objectives.


Banking:

It is the business activities of the bank (s) according to Kalu (2003)”as an association of person (s) authorized by law or incorporated that carry on financial services to the general public.


Nigeria:

This is an association of people with different status that is controlled by the federal government.


CHAPTER TWO

LITERATURE REVIEW


2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …


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