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Address at the Quarterly Meeting/Luncheon of the Industrial Group of the Lagos Chamber of Commerce and Industry
No full textThis paper explains the rationale behind the difficulties in the Nigeria Chamber of Commerce between 1977-1982. The author reviews the activities of the group and appraises the performance of the industrial sector and re-assesses its short-term prospects
Central Bank of Nigeria Annual Report and Statement of Account for the Year Ended 31st December, 1982
No full textThe economic slowdown in 1981-1982 led to a decline in mineral and export crop production, with crude oil production falling from 1.440 million barrels in 1981 to 1.29 million barrels in 1982. The Central Bank of Nigeria business survey showed increased manufacturing sales and inventories of finished goods. Inflation decelerated to its lowest level since 1973, mainly due to reduced monetary expansion and increased production of staple food, livestock products, and fish. The money supply rose by 5.6% in 1980 and 3.1% in 1982, but the government sector\u27s share in bank credit increased. The Gross National Product of all industrialized countries declined by 0.3%, and inflation rates remained high. International liquidity declined, and the African Groundnut Council (AGC) organized a symposium to address problems in African groundnut production and export
Statistical Section (June 1982)
No full textThis is a statistical representation of the economic activities in Nigeria in June 198
Monetary developments during the first half of 1981
No full textThis contains reports of the monetary developments in Nigeria during the first half of 198
Foreign private investment policies in Nigeria
No full textThe objectives of this paper is to evaluate the past policies and suggest further policy options that could stimulate inflow of money capital, managerial skill and technological transfer
Statistical section
No full textThis contains the statistical indices of the Nigerian economy for the year, 1981.
The determinants of private foreign investment in Nigerian manufacturing industries.
No full textThe paper examine critically the determinants of private foreign investment in selected Nigerian manufacturing industries based on five theories of investment that have undergone rigorous testing on data for the developed countries and partially so for the developing countries. The theories include the Accelerator, Liquidity, Expected Profit, Neoclassical I, and Neoclassical II, while the industries are Footwear, Textile, Products of Petroleum, Furniture and Fixtures, Rubber Products, Beverages, Leather, Basic Metal, Food, Paper, Metal and Tobacco. The period covered by the study is 1966-76 and the source of data for this investigation is the Foreign Investment Survey conducted annually by the Research Department of the Central Bank of Nigeria
Review of busines acrtivities in Nigeria in 1981
No full textThis report contains an analysis of data compiled from the completed questionnaires received from Central Bank of Nigeria survey of business activities in 198
Inter-sectoral financing in Nigeria in 1981
No full textThis report is on inter-sectoral financing in Nigeria in 1981 which consist of transaction in financial assets; sectoral adjustment behavior and financial behavior
An empirical investigation of the demand for money
No full textThe aim of this paper is to conduct an empirical investigation of the demand for money hypothesis.Section one gives a brief summary of the controversy surrounding the theory of the demand for money. The second section specifies the model and data employed in the investigation, while the third section analyses the statistical results