» 2.1  CONCEPTUAL FRAMEWORK The concept and definition of monetary policy in the previous year has no universal acceptability but however, the term monetary policy according to CBN release on monetary policy concept (2006) was defined as “Any policy measure designed by…Continue Reading »
» ABSTRACT Generally, both fiscal and monetary policies seek at achieving relative macroeconomic stability. Based on countries' experience on the role of monetary policy in controlling economics instability, this study examines the efficacy of monetary policy in controlling inflation rate and exchange…Continue Reading »
» ABSTRACT Monetary policy consists of discretionary measures designed by monetary authorities to regulate and influence the supply, cost and direction of money and credit provided to the economy. This aspect of macroeconomic policy remains one of the cornerstones of economic policy formulation and im…Continue Reading »
