TOPICS

BACKGROUND OF THE STUDY

The need for supervision and control of commercial banks activities is to ensure that they adhere to the stipulated monetary policies, rules and regulations as well. The last three decades has seen industrialized countries around...

BACKGROUND TO THE STUDY

Research on effectiveness of monetary policy on economic variables in Nigerian economy has for long been of interest to economist...

BACKGROUND INFORMATION

Nigerian government has made significant efforts in recent years, not only in the fair distribution of such facilities to different parts of the country but also to increase the quality and improve the quality of such facilities.

The de...

BACKGROUND OF THE STUDY

The need for supervision and control of commercial banks activities is to ensure that they adhere to the stipulated monetary policies, rules and regulations as well. The last three decades has seen industrialized countries around...

EXCERPT FROM THE STUDY

Monetary policy is the set of measures taken by the monetary authority or Central Bank to control the volume, value, and cost of money in a society or an economy...

ABSTRACT

This researcher work was embarked upon to study the efficiency of monetary policy in controlling inflation in Nigeria. The need for this study was informed by the trend of inflationary growth over the years, the impact of inflation on the...

ABSTRACT

The study examined the impact of value added tax on the internally generated revenue of Lagos State for a 6-year period ranging between 2011 and 2016. The study established that VAT is a consumption tax on economic operations including imports....

BACKGROUND TO THE STUDY

The construction industry activities include procurement of goods and services as well as the execution of a variety of physical structures and infrastructure (Ayangade, Wahab and Alake 2009), using different procurement methods....

Background to the study

ACHIEVEMENT in the banking industry is influenced by a variety of external variables. Within the scope of this study, profitability will serve as the ACHIEVEMENT indicator for financial institutions. The regulatory framework with...

1. 1. Background of the study

In many cases, monetary management is an essential component of macroeconomic management. Macroeconomic management is typically the responsibility of a state's Monetary Authority or, alternativel...

Background of the study

Responsible governments worldwide, whether at the federal, state, or local levels, are concerned with providing social goods and services to their populations. They are responsible for the upkeep of laws and orders within their countries, as well...

Background of the study

Monetary policy interventions such as an increase in money supply indirectly affect aggregate demand and subsequently output and prices through their impact on investment spending. This indirect effect reveals that a change in mo...

Background of the study

Nigeria is endowed with oil and gas in addition to other mineral resources, but Nigeria is dependent on the revenue from oil to achieve its microeconomic goals. These microeconomic goals include the provision of employment opport...

Background to the Study

Nigeria is still a clear example of a third-world economy in which the expanding economy has some functioning machinery, monetary and fiscal policies that attempt to maintain a balance throughout the whole economy so that growth and development,...

ABSTRACT

This paper analyses oil prics stability and industrial sector output in Nigeria. Results show that the impact of oil price on industrial sector output is asymmetric in nature; with the impact of oil price decrease significantly greater than oil price incre...

ABSTRACT

The Nigerian economy is aiming to have the sustainable growth path. Through the International Monetary Fund (IMF) the government can adopt the comprehensive Structural Adjustment Program (SAP). Nigeria has a structural and sectoral macroeconomi...

Background to the study

Monetary Policy refers to the mechanism for regulating the value, supper and cost of money at optimum levels that will ensure the attainment of desired national economic objective which include price stability, sustainable output...

Abstract

The Federal Inland Revenue Service (FIRS), the agency in charge of tax administration in Nigeria, pointed out that VAT is a consumption tax that is relatively easy to administer and difficult to evade, and has been embraced by many countries, I...

STATEMENT OF THE PROBLEM

It is an established fact that market mechanism cannot solely perform all the economic functions in a country; and as such public policy like fiscal policy is required to stabilize, correct, guide and supplement the market forces. Fiscal policyi...

ABSTRACT

Value Added Tax (VAT) is a consumption tax on the value added to a product in the process of production. Like all other indirect taxes, it is a tax that targets the final consumer of goods and services. The main purpose of VAT in Nigeria is to increase government (state and Loc...

Background to the study

There are several factors that affect the performance of banks. In this research work profitability shall be used as the performance indicator of banks. The mostly direct factors that affect prof...

Background of the Study

Excise taxation is a form of indirect tax imposed on specific goods, often affecting consumer goods prices. In Shongom LGA, excise taxes are applied to goods such as alcohol, tobacco, and other consumer products. While excise tax...

Background of the Study

Market unions play a crucial role in the economic stability of local markets by providing organizational structure, ensuring price stability, and advocating for traders' rights. In Otukpo Local Government Area, Benue State, m...

Background of the Study

Market systems play a significant role in determining the price of agricultural produce, influencing both the economic well-being of farmers and the stability of regional economies. In Nigeria, agricultural markets are often infl...

Background of the Study
Agriculture plays a vital role in the economy of Bali Local Government Area (LGA) in Taraba State, providing livelihoods for a majority of the population. The agricultural markets in the region are influenced by various geopolitical factors, such as political allian...

Background of the Study

Monetary policy remains a vital instrument in the arsenal of central banks for controlling inflation and stabilizing the economy. In Nigeria, the Central Bank of Nigeria (CBN) has implemented various monetary policy adjustments between 2010 and 2020 aimed at curb...

Background of the Study

Subsidy reforms have been at the center of economic debates in Nigeria, particularly due to their significant impact on inflation. Over the years, the government’s decision to reform subsidies—especially in the energy sector—has been driven by t...

Background of the Study

Controlling inflation is a central objective of monetary policy, and central bank policies play a pivotal role in achieving price stability. In Nigeria, inflation has been a persistent challenge, driven by factors such as currency depreciation, fiscal deficits, a...

Background of the Study

Inflation targeting is a monetary policy framework that involves setting explicit targets for the inflation rate and using policy instruments to achieve these targets. In Nigeria, inflation targeting has emerged as a critical strategy for achieving price stabilit...

Background of the Study

Inflation targeting is a monetary policy framework that involves setting explicit targets for the inflation rate and using policy instruments to achieve these targets. In Nigeria, inflation targeting has emerged as a critical strategy for achieving price stabilit...

Background of the Study
Agricultural subsidies have long been used by governments as instruments to support domestic food production, stabilize prices, and ultimately ensure food security. In Nigeria, a nation where a large portion of the population relies...

Background of the Study
Rural infrastructure—such as roads, storage facilities, and market centers—is fundamental to the efficient functioning of agricultural markets. In Nigeria, inadequate infrastructure has long been identified as a major bo...

Background of the Study
Agricultural market reforms in Nigeria have aimed to address persistent issues of price volatility, inefficiencies, and inequities in the food supply chain. Reforms implemented between 2023 and 2025 include measures to improve marke...

Background of the Study
The Nigerian economy has experienced significant fluctuations over the past decades, and the interplay between real GDP growth and price stability has become a focal point for economic policymakers. Real GDP, adjusted for inflation, provides a clea...

Background of the Study
Nigeria’s economy has long been characterized by the dual challenges of accelerating GDP growth and persistent inflation. While GDP growth reflects increased economic activity and improved output, inflationary pressures can undermine the purc...

Background of the Study
The Consumer Price Index (CPI) is a key indicator of inflation and cost of living, reflecting the average change in prices over time for a basket of goods and services. In Nigeria, variations in GDP are expected to have significant implications for...

Background of the Study
Interest rate policies are a key instrument of monetary policy that influence economic stability, investment, and consumption. In Nigeria, central banks are tasked with balancing inflation control and growth stimulation, and GDP is a critical indic...

Background of the Study
Economic stability is a multi-dimensional concept encompassing price stability, employment, and balanced growth. In Nigeria, GDP growth is a central indicator of economic performance; however, its influence on overall economic stability is mediated...

Background of the Study
The interrelationship between GDP, inflation, and economic growth is central to macroeconomic policy debates. In Nigeria, robust GDP growth is often seen as the engine of development; however, if accompanied by high inflation, the benefits of growt...

Background of the Study
Inflation is a critical macroeconomic variable that affects purchasing power, investment decisions, and overall economic stability. In Nigeria, where inflation has historically been volatile, the role of Foreign Direct Investment (FDI) in shaping p...

Background of the Study
Inflation is a key indicator of macroeconomic health, affecting purchasing power, investment decisions, and overall economic welfare. In Nigeria, persistent inflation poses a challenge to sustainable growth. FDI can influence inflationary trends thr...

Background of the Study
The intricate relationship between GDP and inflation is a critical component of macroeconomic analysis, particularly in emerging economies such as Nigeria. Inflation affects the purchasing power of consumers and can distort economic growth measureme...

Background of the Study
Consumer price levels, measured by inflation rates, are a critical indicator of economic stability and purchasing power. In Nigeria, where inflation has often been a persistent challenge, FDI is seen as a potential stabilizing force. The inflow of f...

Background of the Study
Monetary policy has long been a key instrument for managing inflation and stabilizing the economy in Nigeria. Since the 1980s, the Central Bank of Nigeria has employed various tools—such as interest rate adjustments, open market operations, an...

Background of the Study (400 words)
Historical currency policies in Nigeria have been instrumental in shaping the nation’s economic stability. From the early days of fixed exchange rate systems to the gradual adoption of more flexible regimes, monetary authorities ha...

Background of the Study
Inflation targeting has emerged as a key monetary policy framework in efforts to stabilize consumer prices and anchor economic expectations in many emerging economies. In Nigeria, where inflation has historically been volatile, inflation targeting...

Background of the Study
Inflation and interest rate adjustments are two pivotal components in the formulation of monetary policy in Nigeria. As inflationary pressures mount, the Central Bank of Nigeria is compelled to adjust policy rates to maintain price stability and st...

Background of the Study
Price stability is a fundamental goal of monetary policy and plays a critical role in shaping consumer spending patterns. In Nigeria, where inflation has been a recurring challenge, maintaining stable prices is essential for preserving consumer con...

Background of the Study
Fiscal policies play a critical role in influencing macroeconomic stability, particularly in managing inflation. In Nigeria, fiscal measures such as government spending, taxation, and public debt management are essential tools in the battle against...

Background of the Study
Interest rate policies are a cornerstone of monetary policy and play a vital role in controlling inflation. In Nigeria, the Central Bank’s approach to adjusting interest rates in response to inflationary pressures is crucial for maintaining e...