IMPACT OF FINANCIAL INTERMEDIATION ON MONETARY POLICY EFFECTIVENESS IN NIGERIA
| dc.contributor.author | Itodo, S. M. | |
| dc.contributor.author | Umar, Elems Mahmoud | |
| dc.date.accessioned | 2023-12-11T13:20:02Z | |
| dc.date.available | 2023-12-11T13:20:02Z | |
| dc.date.issued | 2018-12-09 | |
| dc.description.abstract | The need to be able to assess properly the extent of the relationship between financial intermediation and monetary policies of the Central Bank of Nigeria (CBN) gave rise to the study on 'impact of Financial Intermediation on Monetary Policy Effectiveness in Nigeria': It is evidently clear that financial systems world over are heavily regulated in order to achieve the macroeconomic objectives of the government. Nigeria is not an exception. For this reason, the 'Researcher carried out an in-depth study of the relationship between the dependent and independent variables of the study in an attempt to verify that financial systems are not only heavily regulated but also that monetary policy effectiveness is achieved. The source of data is from the CBN's statistical bulletin and therefore secondary in nature. The data collected wcs&r£. analysed using regression analysis. The results of the analysis showed that cash reserved ratio and interest rate have statistical and significant influence on demand deposit and loans and advance, respectively. Consequently, it was concluded and recommended that the Central Bank (CBN) and the Financial Intermediaries are not only to ensure that the effectiveness of monetary policies is maintained at all times but also that the issue of Financial Intermediation should be accorded priority in the agenda during the Bankers' committee meetings. | en_US |
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| dc.identifier.uri | https://keffi.nsuk.edu.ng/handle/20.500.14448/2615 | |
| dc.language.iso | en | en_US |
| dc.publisher | Department of Public Administration, Nasarawa State University, Keffi. | en_US |
| dc.subject | Financial Intermediation, Monetary Policy, Loans and Advances, Interest Rate, Demand Deposit and Cash Reserve Ratio | en_US |
| dc.title | IMPACT OF FINANCIAL INTERMEDIATION ON MONETARY POLICY EFFECTIVENESS IN NIGERIA | en_US |
| dc.type | Article | en_US |