Role of Apex Banks: The Case of Nigerian Economy
Journal of Economics and Business Research
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Title |
Role of Apex Banks: The Case of Nigerian Economy
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Creator |
Mesagan, Ekundayo P.
Shobande, Olatunji A. |
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Subject |
Apex Banks, Economic Growth, Money Supply, Monetary Policy, Nigeria
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Description |
The paper focuses on the role of Apex banks, with special focus on Nigeria between 1981 and 2015. Findings from the study showed that the Apex Banks have significant role to play in stimulating an economy. It is therefore suggested that monetary policy instruments like broad money supply and monetary policy rate are very effective monetary policy tools and that monetary authorities should design appropriate interest rate target that can galvanize the private sector’s interest in the economy.
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Publisher |
Journal of Economics and Business Research
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Contributor |
—
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Date |
2017-05-16
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.uav.ro/jour/index.php/jebr/article/view/815
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Source |
Journal of Economics and Business Research; Vol 22, No 2 (2016): J of Economics and Business Research; 171 - 186
2069-9476 2068-3537 |
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Language |
eng
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Relation |
http://www.uav.ro/jour/index.php/jebr/article/view/815/pdf
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Rights |
Copyright (c) 2017 Journal of Economics and Business Research
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