"Nigeria's monetary survey: 2001-2014" by Phebian N. Bewaji and Chioma P. Nwosu

Bullion

Title

Nigeria's monetary survey: 2001-2014

Authors

Phebian N. Bewaji, Central Bank of NigeriaFollow
Chioma P. Nwosu, Central Bank of NigeriaFollow

Keywords

Monetary survey, Analytical balance sheet, Payment system, Money-holding behavior, Nominal output

Abstract

The paper showed that Nigeria's monetary survey is a useful tool in the analysis of monetary development and its linkages with key sectors of the economy. It conveys a useful insight on the evolution of the payment system and money holding behavior. Findings indicated that Nigeria's broad money aggregate was largely determined by external factor, pre-2007 global financial crisis, while domestic factors had significant implications for monetary management post-2007.

Author Bio

The authors are staff of the Research Department, Central Bank of Nigeria.

Publication Title

CBN Bullion

Issue

Volume

Recommended Citation

Bewaji, Phebian N. and Nwosu, Chioma P. (2015) "Nigeria's monetary survey: 2001-2014," Bullion: Vol. 39: No. 4, Article 4.
Available at: https://dc.cbn.gov.ng/bullion/vol39/iss4/4

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