Articles |
What Got You Here, Won’t Get You ThereThe importance of developing aspiring leaders - One of the most significant challenges faced by organisations is how to support and enable a smooth and seamless transition to team leadership roles.
The technical skills and abilities that were critical to individuals in the past, contribute only 1 [Read more]
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Posted: 12 years ago | |
Discipline as a Motivational ToolIt is never a nice thing to dismiss people for poor performance or for transgressions of disciplinary rules. Many managers dread having “The Disciplinary Conversation” with a member of their team. They will:
Ignore behavior
Be in denial that there is an issue
Take a small &ldqu [Read more]
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Posted: 12 years ago | |
Nigeria Confronts Post-Crisis Global Economic RealitiesNigeria has long been trying to learn how best to manage boom-bust cycles in global commodity prices, adopting an oil-price benchmark for annual budgets while saving revenues above the benchmark in an excess crude account in the half decade before the 2008/2009 global crisis. The crisis and its afte [Read more]
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Posted: 12 years ago | |
Confronting Inter-Regional Disparities in NigeriaDisparities in endowments of agricultural, mineral and commercial wealth across Nigeria’s six geopolitical zones determine the rates at which the different regions can grow. Economic activities and growth are concentrated in four regions, while the remaining two regions are largely excluded fr [Read more]
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Posted: 12 years ago | |
Don’t Do Goals? Then See a PriestThere are many benefits to having a structure that provides us with a way of making sense of our world and bringing fulfillment and achievement. Yet people have real issues with setting and maintaining meaningful goals. If you find goal-setting an issue, then help is at hand! Instead of thinking abo [Read more]
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Posted: 12 years ago | |
Direction of Monetary Policy in Nigeria Beyond 2007The current monetary policy framework is based on the targeting of bank reserves as operating target with monetary aggregates as intermediate target. The ultimate objective is to influence the general level of prices - inflation.
Monetary targeting implied by the current practice was considered a [Read more]
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Posted: 12 years ago | |
Objectives and Targets of Monetary Policy in NigeriaIn Nigeria, the major objectives of policy are the attainment of price stability and sustainable economic growth.
Associated objectives are those full employment and stable long-term interest rates and real exchange rates. In pursuing these objectives, the CBN recognises the existence of conflict [Read more]
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Posted: 12 years ago | |
Nominal Anchor for Monetary PolicyA nominal anchor for monetary policy is a single variable or device which the central bank uses to pin down expectations of private agents about the nominal price level or its path or about what the Bank might do with respect to achieving that path (Krugman, 2003). Generally, the two kinds of nomina [Read more]
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Posted: 12 years ago | |
Nigeria Exits the London ClubFollowing Nigeria’s exit from the Paris Club, attention was focused on Nigeria’s London Club Debts. Consequently, about US$1.406 billion (N182.78 billion) was paid to exit the London Club debts, while a further US$1.487 billion, to redeem the par bonds between November and December 2006. [Read more]
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Posted: 12 years ago | |
Monetary Policy Instruments Used By the CBNUntil about 1993 when OMO was introduced, the CBN relied almost exclusively on varying combinations of direct instruments of monetary control from time to time. These instruments included: credit ceilings, secretarial credit allocation, interest rate controls, imposition of special deposits, moral s [Read more]
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Posted: 12 years ago |