TABLE OF CONTENT
CHAPTER ONE
INTRODUCTION
1.1
BACKGROUND OF THE STUDY
1.2
STATEMENT OF THE PROBLEM
1.3
PURPOSE OBJECTIOVE OF THE STUDY
1.4
SIGNIFICANCE OF THE STUDY
1.5
LIMITATIONS OF THE STUDY
CHAPTER TWO
REVIEW OF RELATED
LITERATURE
CHAPTER THREE
RESEARCH DESIGE AND
METHODOLGY
3.1
SOURCES OF DATA (SECONARY SOURCES ONLY)
3.2
LOCATION OF DATA
3.3
METHODS OF DATA COLLECION (LITERATURE WORK ONLY)
CHAPTER FOUR
FINDINGS
CHAPTER FIVE
RECOMMENDATIONS AND
CONCLUDSION
CHAPTER ONE
INTRODUCTION
I.I BACKGROUND
OF THE STUDY
Before the establishment of the Central Bank of
Nigeria the West African Currency Board (WACB) which was established in 1912
had the responsibility for issuing legal tender currency. The WACB was set up
to promote the financing of the export trade. It was the duty of WACB to issue
West African currency. The exchange of existing currencies and the investment
of reserves.
The reserve were invested in Britain and this is
in a way facilitated Nigeria’s international payments. However because the WACB
was linked to the British system it could not engage in monetary management
neither Nigerian trained in the art of monetary management.
In order to promote the growth of the domestic
money and capital markets. There by eliminating this deficiency. The Central
Bank of Nigeria was established in 1958 and it commenced business on 1st July
1959.
The central bank of Nigeria formulates monetary
proposal in a memorandum which is sent to the government through the minister
of finance. Taking into consideration the views and suggestions of the banking
community and other business interest and interested public groups and other
business interest and interested public groups and individuals.
Monetary policy in Nigeria is conducted by the
Central Bank of Nigeria set up under the Central Bank of Nigeria (CBN)
ordinance of 1958 (as amended from time to time) to serve as banker and foreign
exchanged dealer principally to the federal government of Nigeria.
1.2 STATEMENT
OF THE PROBLEM
The main objective of the study is to undertake
a review of the central Bank of Nigeria monetary policy measures from 1980 –
2005 in the review. The objective, the roles, the phases and the appraisal of
monetary policies between the period in question, with be discussed.
1.3 OBJECTIVES
OF THE STUDY
The studies conducted by the researcher an
performance appraisal of monetary policy of central bank of Nigeria reveals
that the objectives of the study includes the following.
1. To determine how rural dwellers had responded to
the services of central banks.
2. To identify the type of customer that patronize
central banks.
3. To examine if the availability of the loan has
redulod the level of rural urban migration.
4. To determine any other on banking services. The
are reudered to the public by the central banks.
5. To ascertain the extent to which granting of
loan to rural dwellers has affect an unemployment level.
1.4 SIGNIFICANCE
OF THE STUDY
Although students research abounds in this area,
this work will serve as an addition to existing literature in this topic. It
would also find out the performance appraisal of monetary policy.
This project would also provided insights to the
students of Banking and Finance and individuals who do not know much about the
activities, operation and roles of the monetary policy in the central bank of
Nigeria.
Above all, the essence of the study is to point
out a positive direction for a smooth operation for the use of the monetary
policy.
Department | Banking and Finance |
Project ID Code | BFN0204 |
Chapters | 5 Chapters |
No of Pages | 31 pages |
Methodology | Null |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
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Contact Us On | +2348039638328 |
Contact Us On | +2347026816414 |
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