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Evaluation of price control and price intelligence agency at work
No full textThis paper evaluates the effectiveness of price regulation in Nigeria and the role played by Price Intelligence Agency. it also provides some that a new body should be given the poranr and hecessary fund not only to study the price structure and price movements an the economy but also to study the supply and demand potentials in the economy with a view to forecasting the demand and supply position to be expected in the near future
Trends in Nigeria\u27s balance of payments and policy measures needed for self-reliance
No full textThe article discusses the trends in Nigeria\u27s balance of payment and the structural and cyclical changes that have attended to and influenced it. The study covers the period 1960-1977. The period has been divided into three sub-period. 1960-1969, 1970-1973 and 1974-1977
The Political Economy of International Cocoa Agreement
No full textThis paper attempts a critical analysis of this effort to obtain a solution to the problem of cocoa price instability through a workable international cocoa agreement. In section one, a brief review of world production and marketing of cocoa is given as a background
Statistical Section (June 1978)
No full textThis is the statistical representation of the economic activities in Nigeria in June 197
The political economy of international cocoa agreement by C. E. Nemedia: a comment
No full textA critical review of the paper the political economy of International cocoa agreement by C. E. Nemedia
The Determinants and Control of Money Stock in Nigeria
No full textThe paper is divided into five sections. Section I reviews Central Bank\u27s monetary control measures as adopted since 1959 thus highlighting the successes and limitations of the Policy instruments. Section II presents a brief review of the controversy between the monetarists and the fiscalists so as to provide some theoretical underpinnings for this study, while Section III actually deals with the specifications of the behavioural functions. The empirical results are presented in Section IV and the last section summarises the findings and the conclusions thereupon
Devaluation and Balance of Payments in ECOWAS Countries: A Study of Nigeria\u27s Exchange Rate Policy
No full textThe purpose of this paper is to review Nigeria\u27s exchange rate policy as outlined above, and in doing so, one finds it compelling, and hopefully rewarding, to take a general look at the exchange rate policies in selected African countries, focusing particularly on the effects of devaluation on balance of payments. Accordingly, the paper first presents an analytical framework in which a monetary approach is considered most useful. The next section introduces a simplified monetary model. Following that, there is a discussion of statistical testing and results. The final section considers the implications for policy in Nigeria, appraising in some detail the case for exchange rate depreciation
Central Bank opens branches at Sokoto and Illorin
No full textThis article reports on the opening two new branches of Central Bank of Nigeria at Sokoto, Sokoto State and llorin, Kwara State on July 27th and September 14th 1978, respectively. The Bank earlier established a currency office in Sokoto in 1971 while the currency office in llorin was opened in May 1972. The two offices were opened to facilitate distribution of currency in the two states. Construction work on the two new Branches started in 1975. the two new branches that were opened will put the Bank in a better position to extend its services to the government and peoples of both the sokoto and Kwara States
Central Bank marches forward
No full textThis paper by the Governor of Central Bank of Nigeria, Mr. Ola Vincent highlights major developments in the organization, structure and management practices of the Bank. The feature is an extract from the Governor\u27s address at the Branch Controllers\u27 Conference held in October, 1978
The Banking environment
No full textThe paper is a lecture delivered by Mr. S. O. Ogundipe at the 13th Annual Banking Seminar. The paper presents an overview of the banking environment in Nigeria categorizing them in three phases namely: phase I (period up to 1960), Phase ll (1970- 1976), and phase III (blame for banks). The paper further propose for reform of the banking system