The Impact of Central Bank of Nigeria Financial Management on the Nigerian Economy

The Impact of Central Bank of Nigeria Financial Management on the Nigerian Economy

Project / Seminar Material
Reference ID: PS-13458-TM

DEDICATION

This research material titled “The Impact of Central Bank of Nigeria Financial Management on the Nigerian Economy” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Banking and Finance (BF), Book Authors and Profound Scholars of existing or related project material on “The Impact of Central Bank of Nigeria Financial Management on the Nigerian Economy” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”


    The Impact of Central Bank of Nigeria Financial Management on the Nigerian Economy

    CHAPTER ONE


    Introduction

    1.1 Background Of The Study

    The Nigerian economy has undergone structural changes in the past three decades from a predominantly agricultural economy in the 1960s to an economy mainly valient on oil from the mid 1970s

    The growth in oil earnings was not fully internalized into the economic system. The result was that the consumption production pattern became largely import oriented inability to emergence of trade arrears.

    A growing department burden also surface in the early 1980s as a result jumbo trans contracted from the international capital market. External Debt outstanding rose drastically from US 93.6 million to 1976 to us 18.6million in 1986 and to about us 30.8 billion in 1990.

    The pursuit of an over valued exchange rate policy, the subsequent relegation of the agricultural sector to the background, heavy public sector pending and combined to create distortion in the production. Consumption and payments patterns.

    The prections decline in oil earnings in the 1980s necessitates policy redirection aimed at realigning the domestic production patterns with the local resources base.

    The structural adjustment pro (SAP) was introduced in July 1986 to eliminate structural distortions and encourage a diversified and broad productive base the major feature of the SAP includes: –

    1. The re- alignment of the naira exchange rate to reflect forces.
    2. Tread liberalization.
    3. Privatization and commercialization of government owned enterprises and the promotion of locally secured raw materials
    4. The deregulation of the economy.

    The banking system has been an integral part of the on- going structural reforms and it has played a heading role in the management of policy changes within the banking system

    The Union Bank plays a leading role in the management economy.

    The union adopts measures describe appropriate to influence the performance of the financial sector for the achievement of desired objectives which in of monetary stability and a sound financial structure.

    In their performance of the supply of credit and money and sustainable growth without generating inflationary pressures and undus instability in the exchange rate.

    The banking failures of the 1950s lead to the introduction of a Union Bank following the recommendation of J.B. Loynes.

    The ordinance establishing the C. B. N. was promulgated in 1958 and it became fully operational on the lot of July 1959.

    CHAPTER TWO

    2.0 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 …

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