Central Bank of Nigeria Institutional Repository (CBNIR)

The Central Bank of Nigeria (CBN) Institutional Repository is a digital archive of research and scholarly output produced by the bank's various departments and strategic business units. It's a valuable resource for researchers, policymakers, and anyone interested in economics, finance, and banking in Nigeria.

Content:

  • CBN Publications: Includes CBN Briefs, Economic Reports, the Economic and Financial Review, Educational Series, Occasional Papers, Research Discussion Series, and Understanding Monetary Policy Series.
  • Working Papers: Features research papers and working documents produced by CBN staff.
  • Conference Papers: Includes papers presented at conferences and seminars organized or attended by CBN officials.
  • Speeches and Presentations: Contains speeches and presentations delivered by CBN executives and officials.

Access:

  • Open Access: The repository is committed to open access, making its materials freely available to the public.

Benefits:

  • Preservation: Ensures the long-term preservation of CBN's intellectual output.
  • Dissemination: Facilitates the wider dissemination of CBN research and knowledge.
  • Transparency: Promotes transparency and accountability by making CBN's work publicly accessible.
  • Research: Provides a valuable resource for researchers studying the Nigerian economy and financial system.
  • Policymaking: Informs policymakers and supports evidence-based decision-making.
 

Communities in DSpace

Select a community to browse its collections.

Now showing 1 - 1 of 1

Recent Submissions

Thumbnail Image
Item
Statistical section
(Central Bank of Nigeria, Research Department, 1981-06) Research Department
This contains the statistical indices of the Nigerian economy for the year, 1981..
Thumbnail Image
Item
The National Economic Reconstruction Fund (NERFUND): achievements, constraints and prospects.
(Central Bank of Nigeria, Research Department., 1991-03) Phillips, E. A. O.
This paper reviews and appraises the National Economic Reconstruction Fund (NERFUND), which is one of the specialized financing facilities for promoting small and medium scale enterprises (SMEs). The study notes that given the importance of SEMs in the industrialization process, particularly in the areas of employment generation and development of indigenous technology, evaluating the effectiveness of the scheme is of major interest especially to inform policy analysis and choices. The paper examines the objectives of operational modalities of NERFUND, analyses the implementation problems of the scheme and assesses the achievements so far and the prospects of the scheme.
Thumbnail Image
Item
Statistical Section.
(Central Bank of Nigeria, Research Department., 1967-12) Research Department
The Statistical tables comprises of the following: Central Bank of Nigeria statement of Assets and Liabilities, Central Bank rediscount operations, Currency in circulation, Money supply, Commercial Banking system statement of Assets and Liabilities, Analysis of Commercial Banks Loans and advances.
Thumbnail Image
Item
The implications of full European integration in 1992 for the Nigerian economy.
(Central Bank of Nigeria, Research Department., 1991-03) Essien, E. O.
The article focuses on the implications of the proposed integration and the consequences for the Nigerian economy, with particular emphasis on merchandise, trade and the general flow of resources. The essay, which is largely analytical and descriptive, is divided into five parts. Part one discusses some theoretical aspects of integration, as the idea behind the creation of the European Community has been projected as a practical demonstration of the relevance of the concept. Part two reviews and analyses the formation of the European Community as well as the current area of Economic Association of Nigeria with the Community. As analysis of the single European Act which came into existence in 1986 is covered in part three, part four deals with the expected impact of the Community's integration on the Nigerian economy, while part five contains some recommendations, summary and conclusion.
Thumbnail Image
Item
Foreign exchange management in Nigeria: past, present and the future.
(Central Bank of Nigeria, Research Department., 1991-03) Obaseki, P. J.
The paper examined foreign exchange management in Nigeria during the period prior to and since the introduction of the Structural Adjustment Programme (SAP), and outlined the prospects for foreign exchange management in the future. It highlighted factors that need to be reversed by appropriate policies if a crisis-free and more relaxed foreign exchange management mechanism is to evolve. The major findings of the paper include the inability of exchange control measures adopted before the commencement of SAP to tum around the external sector of the economy, especially since 1982 when Nigeria started to experience serious foreign exchange problems. The reasons adduced were that exchange controls, were not applied consistently, they needed a lot of policing and were often subject to large scale corruption which derailed the system. Another reason was that the administered exchange rate mechanism adopted during this period led to the overvaluation of the Naira exchange rate. In an attempt to correct the serious disequilibrium in the external sector of the economy and evolve a more rational basis for foreign exchange management, the control system was replaced with a market based system with the introduction of the Structural Adjustment Programme in July 1986. Under the Programme, exchange controls on current account transactions have been dismantled and the exchange rate for the Naira is now determined through an auction system based on market forces. The main achievements of the new system are the elimination of payments arrears that proved difficult to tackle during the exchange control era, the increase in domestic capacity utilisation due to the increased local sourcing of raw materials, elimination of the over-valuation of the naira exchange rate, improvement in the composition of non-oil exports and relatively more relaxed atmosphere for foreign exchange management. However, the problems of foreign exchange inadequacy, dependence on the oil sector for foreign exchange earnings, continuous depreciation of the Naira exchange rate and the attendant inflationary expectations are yet to be resolved. In order to find solutions to some of these problems, the exchange rate for the ,Naira should be determined within a band to ensure stability while still relying on market forces; demand management policies should continue to be restrictive to achieve stability in the short run while supply side measures to increase foreign exchange receipt should be pursued as both a medium and long tern objective.