Browsing by Author "Sanni, G.K."

Now showing 1 - 3 of 3
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    An aggregate import demand function for Nigeria: an Autoregressive Distributed Lag (ARDL) approach
    (Central Bank of Nigeria, 2013-09) Englama, A.; Oputa, N.C.; Sanni, G.K.; Yakub, M.U; Adesanya, O.; Sanni, Z.
    The paper sought to examine the dynamics underlying the high import bills in Nigeria and proffered appropriate policy recommendations. In achieving this, the Autoregressive Distributed Lag (ARDL) technique was utilised to estimate the aggregate import demand function for Nigeria using the quarterly data covering the period 1970 to 2011.
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    "Bank risk and deposit insurance" by Luc Laeven; the World Bank Economic Review, Vol. 16, No. 109-137, November 2002
    (Central Bank of Nigeria, Research Department, 2003-06) Sanni, G.K.
    The paper attempts to establish relationship between bank risk and deposit insurance. The article estimated the cost ofdeposit insurance for a large sample ofbanks in fourteen different economies and assessed the relationship between the risk+aking behavior of banks and their corporate governance structure. It noted that there is a positive correlation between bank risk and cost of deposit insurance.
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    Empirical estimation of optimal International reserves for Nigeria: the sudden stop model
    (Central Bank of Nigeria, Research Department, 2016-03) Sanni, G.K.; Olusegun, T.S.; Sani, Z.
    The study examined the issue of optimum external reserves for Nigeria during 2010 - 2014, using Jeanne and Ranciere (2006) and Goncalves (2007) sudden stop model approach. The study showed that resident foreign currency deposit accounted for over 90 per cent of the total foreign currency deposit, while non-resident foreign currency deposit accounted for the remaining. The result of the model suggested that external reserves were adequate in 2010 but beyond that period, it was far below optimal level. On average, the optimum external reserves were around 15.7 per cent of GDP in the past four years, translating to US$54.52 billion.