Appraisal of Monetary Policy Implementation in Nigerian Banks (A Case Study Of CBN)

TABLE OF CONTENTS

Title page                                                              i

Certification                                                         ii

Dedication                                                            iii

Acknowledgement                                                iv-v

Table of contents                                                 v

CHAPTER ONE

1.0   Introduction                                                1

1.1    Statement of the Problem                           3

1.2   Objectives of the Study                                4

1.3   Significance of The Study                            4

1.4   Definition of Terms.                                    5

1.5   Limitation of The Study                              7

1.6   Plan of The Study                                        7

CHAPTER TWO

2.0    Literature Review                                        9

2.1   Conceptual Definition                                 9

2.2   Monetary Policy in Nigeria                          14

2.3   Framework For Monetary Target In Nigeria            21

2.4   Inflation Targeting                                                24

2.5   The Rationale For Inflation Targeting                 25

2.6   Requirment For Inflation Targeting                     26

CHAPTER THREE

3.0   Research Methodology                                        30

3.1   Sources of Data                                                   30

3.2   Population of The Study                                      31

3.3   The Sampling Techniques                                   31

CHAPTER FOUR

4.0   Data Presentation And Analysis                         32

4.1   Data Presentation                                                32

4.2   Data Analysis                                                       33

CHAPTER FIVE

5.0   Summary Conclusion and Recommendations    39

5.1   Summary                                                             39

5.2   Conclusion                                                           41

5.3   Recommendations                                               42

         References                                                            44    


CHAPTER ONE

1.0    INTRODUCTION

        An appraisal of the banking industry show that the industry is determined by several factors, but the most influencing of all is director factor of regulatory frame work, under which the industry operator. This framework can be divided into two broad aspects of monetary and banking.

In all economics, the conduct of both policies are normally. Originated through banking institution who play an international process, the role of bringing lender and borrows together. Though in this process, the central bank play a crucial role in determine the price of money therefore monetary policy is important by its own right from the past view of monetary economics and policy maker and in term of its impact on the economy.