Article(s) about
Puzzles about Monetary Policy in NigeriaAbstract - Two puzzles are becoming striking from recent communiqués of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN). First, growth, employment, household and business expenditure issues have completely crept out of policy deliberations, as concerns about fiscal [Read more]
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Posted: 11 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 [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 [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 [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 [Read more]
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Posted: 12 years ago | ||
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 [Read more]
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Posted: 12 years ago | ||
CBN’s Disclosure Requirements For Bank: The FactsOf the four-point agenda stressed by the Governor, Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, on assumption of office, the need to strengthen regulation and supervision through enhanced disclosures by financial institutions, stands out clearly. This was sequel to the backdrop of the [Read more]
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Posted: 12 years ago | ||
What is Inflation and Why Must the Central Bank Fight Hard to subdue this Monster?A. What Is Inflation? - Inflation is one of the most frequently used terms in economic discussions, yet the concept is variously misconstrued. There are various schools of thought on inflation, but there is a consensus among economists that inflation is a continuous rise in the prices. Simply put, [Read more]
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Posted: 12 years ago | ||
The Interest Rate Effect - Central Bank of Nigeria (CBN)The Interest Rate Effect: The Central Bank of Nigeria (CBN) may decide to make a change in the Minimum Rediscount Rate (MRR). The MRR is the official interest rate of the CBN, which anchors all other interest rates in the money market and the economy. CBN’s decision on the MRR affects the [Read more]
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Posted: 12 years ago | ||
How Does The Central Bank Decide the Appropriate Setting for its Monetary Policy Instruments?Monetary policy affects all aspects of our economic and financial decisions-whether to buy a car, build a house, start up a business or to expand the existing one, whether to send one’s child to school or to make the child learn a trade. Monetary policy tries to influence the performance of [Read more]
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Posted: 12 years ago |