ABSTRACT
The study examined the impact of money supply on economic growth in Nigeria. In the model specified, real gross domestic product (real GDP) is the regress while broad money supply, real exchange rate, and real interest rate are the regressors. Data was collected from CBN statistical Bulletin for the period 1981 – 2010. The statistical techniques used for the analysis is the ordinary least square techniques with the aid of Stata 10 software package. The research indicates that real interest rate and real exchange rate in Nigeria within the period under study failed to influence real gross domestic product while broad money supply being the only significant regressor influenced real gross domestic product (real GDP) within the period under study. It has been identified that the major problem militating against the poor performance of monetary policy instruments in influencing real GDP in Nigeria is time lags involved which now makes any policy employed by the government to take many months to achieve its full effect. In effect to this, effectiveness of influencing real gross domestic product in Nigeria maybe promoted by emphasizing on broad money supply instead of on monetary target variables due to the fact that broad money supply is statistically significant.
Abstract
The presence and the use of the English language in Nigeria has been seen as a threat to theindigenous language...
BACKGROUND OF THE STUDY
Over the course of its history, the petroleum sector in Nigeria, which has the...
ABSTRACT
This study was carried out to ―Assess the Organization and Conduct of Development Programmes for Non-Academic Staff in Ahmadu Be...
ABSTRACT
This research is on the relevance of packaging in the marketing of consumer goods in Nigeria. We try to find out the packaging s...
ABSTRACT
The main thrust of the study was to examine the role of education in ensuring gender equality...
ABSTRACT
Parquetina nigrescens is a plant with numerous ethnomedicinal uses in African traditional medicine practice. In the South Wester...
ABSTRACT
The proposed project topic above is centered on the critical needed for registration of both the individuals an...
ABSTRACT
This work on Ethnic militia in Nigeria and how it is a threat to the democracy and security of the nation is of...
ABSTRACT
The study was designed to provide information to organisations and establishments in either th...
BACKGROUND OF THE STUDY
Abduction is a process of forcefully taking someone and holding them hosta...