Overview of Monetary Policy in Nigeria

Authors

S. N. Ibeabuchi, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Monetary Policy, Interest Rate, Nigeria, Money Supply, Monetary Policy Instruments, Open Market Operations, Base Money

Abstract

This article provides and overview of monetary policy which is the instruments at the disposal of the monetary authorities to influence the availability and cost of credit/money M with the ultimate objective of achieving price stability. This overview is with reference to Nigeria.

Author Bio

Ibeabuchi S. N. is a Deputy Director in the Monetary Policy Department of the Central Bank of Nigeria.

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

45

Recommended Citation

Ibeabuchi, S. N. (2007). Overview of Monetary Policy in Nigeria. CBN Economic and Financial Review. 45(4), 15-37.