Interest Rates In Nigeria
DOWNLOAD
Download Interest Rates In Nigeria PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Interest Rates In Nigeria book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Determinants Of Interest Rates In Nigeria
DOWNLOAD
Author : Louis N. Chete
language : en
Publisher:
Release Date : 2006
Determinants Of Interest Rates In Nigeria written by Louis N. Chete and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Interest rates categories.
Interest Rates In Nigeria
DOWNLOAD
Author : Ikechukwu Anthony Acha
language : en
Publisher:
Release Date : 2016
Interest Rates In Nigeria written by Ikechukwu Anthony Acha and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
This paper set out to examine the implications of interest rate for savings and investment in Nigeria. It used data obtained from the Central Bank of Nigeria (CBN). Data were analyzed using Pearson's Correlation Coefficient and regression. Evidence showed interest rate as a poor determinant of savings and investment indicating that bank loans are mostly not used for productive purposes. Therefore, bank loans should be channeled to productive investments if interest is to play its catalytic role in the Nigerian economy.
Interest Rates Bank Deposits And Growth Of The Nigerian Economy
DOWNLOAD
Author : Eddy Chicka Ndekwu
language : en
Publisher:
Release Date : 1991
Interest Rates Bank Deposits And Growth Of The Nigerian Economy written by Eddy Chicka Ndekwu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Bank deposits categories.
Interest Rate Policy And The Promotion Of Savings Investment And Resource Mobilisation In Nigeria
DOWNLOAD
Author : Adedoyin Soyibo
language : en
Publisher:
Release Date : 2000
Interest Rate Policy And The Promotion Of Savings Investment And Resource Mobilisation In Nigeria written by Adedoyin Soyibo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Financial institutions categories.
Effects Of The Monetary Policy Rate On Interest Rates In Nigeria
DOWNLOAD
Author : Ikechukwu Kelilume
language : en
Publisher:
Release Date : 2014
Effects Of The Monetary Policy Rate On Interest Rates In Nigeria written by Ikechukwu Kelilume and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Monetary policy rate has remained a major potent monetary policy tool used by monetary authorities in setting targets and direction of other rates and in driving the movement of other macroeconomic aggregates in both developed and developing countries. In Nigeria however, the Central Bank has kept monetary policy rate stable at 12 percent between October 2011 and September 2012 but stability in monetary policy rate is hardly reflected in the movement short term and long term interest rates. The aim of this study is to use the multivariate Vector Autoregressive Model to analyze the effects of monetary policy rate on other rates in Nigeria. The study makes use of monthly data from M1:2007 to M9:2012 to evaluate the cause effect relationships between monetary policy rate and short term and long term rates in Nigeria. The choice of the scope of the study lies in examining the response of interest rates to monetary policy shock since the 2007-2008 global economic crises. Result obtained from this study will be used to track the relative effectiveness of monetary policy in an emerging market where money market instrument is not fully developed.
Interest Rate Channel Of Monetary Transmission Mechanism
DOWNLOAD
Author : Ikechukwu Kelikume
language : en
Publisher:
Release Date : 2014
Interest Rate Channel Of Monetary Transmission Mechanism written by Ikechukwu Kelikume and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
The interest rate channel of monetary transmission is the link through which variations in Central Bank real interest rates influence aggregate output and prices. To check fluctuation in prices, the Central Bank of Nigeria has kept the monetary policy rate stable at 12 percent for the past three years with the view that stability in interest rates will provide the needed incentive for domestic investment to thrive. The long run linkage between real interest rates, inflation and output in a developing country like Nigeria calls for empirical investigation. This study tests the interest rate channel of monetary transmission in Nigeria to enable us establish the extent of stickiness in interest rates in realizing macroeconomic policy goals. The study made use of co-integration and error correction mechanisms in investigating the channel through which nominal interest rates influence long run economic aggregates. The study made use of secondary time series data with quarterly frequency from Q1:1996 to 2013:Q3. Results obtained would help track the speed with which monetary policy changes transmits to the economy and the speed of adjustment from theshort run to the long run.
Structure And Impact Of Interest Rate On Nigeria Economy 1970 2002
DOWNLOAD
Author : Jubril Olukayode Lasisi
language : en
Publisher: LAP Lambert Academic Publishing
Release Date : 2012-06
Structure And Impact Of Interest Rate On Nigeria Economy 1970 2002 written by Jubril Olukayode Lasisi and has been published by LAP Lambert Academic Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06 with categories.
The financial system of which interest rate is the most paramount factor has been increasingly recognized to play a very crucial role in the process of economic growth and development in any given economy. It is capable of upsetting any macroeconomic variables like inflation, Gross Domestic product, money supply, and investment etc. depending on how it is managed in the economy. We should therefore look inward and analyze what is best for our own economy so as to achieve the desired growth and development, as the two main financial regimes of financial repression of pre-SAP and the financial deregulation regime and their associating interest rates structure have not been able to solve Nigeria's mounting economic problems.
The Impact Of Money Market Interest Rates On Equity Prices In Nigeria
DOWNLOAD
Author : Isa Audu
language : en
Publisher:
Release Date : 2015
The Impact Of Money Market Interest Rates On Equity Prices In Nigeria written by Isa Audu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Efficient market theory categories.
The Interest Rate Channel Of Monetary Policy In Nigeria An Evaluation
DOWNLOAD
Author : Riliwan Oladepo
language : en
Publisher: GRIN Verlag
Release Date : 2022-03-01
The Interest Rate Channel Of Monetary Policy In Nigeria An Evaluation written by Riliwan Oladepo and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-01 with Business & Economics categories.
Master's Thesis from the year 2021 in the subject Economics - Monetary theory and policy, grade: 80.00, University of Ibadan, language: English, abstract: This study evaluates the direct and indirect interest rate channels of monetary policy in Nigeria. Quarterly data from 1993 to 2019 were sourced from the Central Bank of Nigeria’s Statistical Bulletin. The outcome variables were output and inflation and each channel consists of three steps of equations. Three Stage Least Squares estimation technique was used to perform a step-by-step estimation and evaluation of the channels. Then, the overall effect of monetary policy on output and inflation was determined. Monetary policy is one of the two policies used by policymakers to adjust macroeconomic fundamentals when they deviate from their targets and to achieve a specific macroeconomic goal like full employment and price stability. The effectiveness of monetary policy in achieving these targets depends on the effectiveness of the monetary policy transmission channels. Theoretically, the interest rate channel of monetary policy transmission works directly through its effect on investment and indirectly through its effect on bank lending, asset prices, and exchange rate.
State Space Modelling And Kalman Filterring Of Interest Rate In Nigeria
DOWNLOAD
Author : Paul T. Iorember
language : en
Publisher:
Release Date : 2018
State Space Modelling And Kalman Filterring Of Interest Rate In Nigeria written by Paul T. Iorember and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
The volatile nature of interest rate in the Nigerian economy has informed various interest rate policies and regimes to ensure its stability with a view to enhancing investment in the country. Yet, it is not certain whether interest rate would be investment friendly to galvanize investment in the nearest future. This study employed the state space modeling and the kalman filtering approaches to ascertain the likely behavior of interest rate in Nigeria up to 2020. Quarterly data on interest rate spanning from 1999Q1 to 2013Q4. The out-of-sample forecast of interest rate showed that from 2014Q1 to 2020Q4 interest rate in Nigeria will hover around an average of 18%. It was concluded that this level of interest rate is not investment friendly, and if efficient interest rate policies are not put in place, investment would be adversely affected especially that of small and medium scale enterprises. The paper recommended that the Central Bank should reduce lending rate to commercial banks and the government should provide infrastructure such as stable electricity supply so as to reduce the cost of doing business of commercial banks in the country.