![]() |
Nigeria monetary policy review - Maiden edition 2010 |
I am delighted to introduce this maiden edition of the Central Bank of Nigeria (CBN) Monetary Policy Review (MPR)produced by the Monetary Policy Department. Although much has been written on the monetary policy process and implementation in Nigeria, there remains considerable scope for further initiatives and a more rigorous appraisal mechanism for evaluating the impact of monetary policy actions on the economy... - Sanusi Lamido Sanusi Governor, Central Bank of Nigeria.
| Tags: |
Related Articles
|
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]
|
Posted: 14 years ago |
|
Thinking Through Problem SolvingChange hits hard, fast, and often. It shifts our focus, changes our direction, and alters our plans. Change leaves us stumped by questions we are not prepared to answer and searching for questions that we never thought to ask. Left on the road, between what we were once sure of and the indecision of [Read more]
|
Posted: 16 years ago |
|
Monetary Policy Implementation Framework and OutcomePrior to the banking sector consolidation exercise that was concluded in December 2005, the framework for monetary policy in Nigeria had witnessed some transformation. This included the shift from the use of direct monetary policy control to indirect (market-based) monetary management, and the switc [Read more]
|
Posted: 14 years ago |
