Open Market Operation As An Instrument Of Monetary Policy In Nigeria.

ABSTRACT

The topic of this research effort is open market operation as an instrument of monetary policy in Nigeria. A case study of Central Bank of Nigeria (C.B.N). As the title suggest the overall object of the research is to critically examine the Open Market Operation as an Instrument of Monetary Policy in Nigeria growth of economic taking into cognizance. Central Bank of Nigeria (C.B.N). The caller co-operating body (private and public) have detained Open Market Operation in different perspectives. According to Britannica encyclopedia open market operation (O.M.O) is the process which involve the purchase or sales of government securities and some commercial paper by the Central Bank for the purpose of regulating the money in supply and credit conditional basis. Nevertheless, Open Market Operation involve the buying and selling of security from and to commercial bank in other to reduce the volume of money in circulation, if the Central Bank feel that the money in circulation in the country is too small and they want to increase it, they will buy security from the commercial bank, that will increase the volume of money in possession of the public which will be part of money in circulation.

On the other hand, if the Central bank feel that the amount of money in circulation is too surplus and they want curtail it, it will sell security to commercial bank and the same time reduce their landing power and thereby decreasing the amount of money in circulation in the country. Special attention is paid in the study to the evolution of open market operation in Nigeria. The central bank of Nigeria contribute towards the economic growth and the role of the central bank of Nigeria (C.B.N) set aside towards the creating balance in the money circulating within the country for economic growth and development and the problem facing the open market operation and more shall be examine. However, research of this kind call for a heavy reliance of a number of source, primary and secondary source.

TABLE OF CONTENTS

Title page
Certification
Dedication
Acknowledgement
Abstract
Table of contents

CHAPTER ONE
1.0   Introduction
1.1   Objective of the study
1.2   Justification of the study
1.3   Scope of the study
1.4   Limitation of the study
1.5   Plan of the study
1.6   Research hypothesis
1.7   Definition of terms of research hypothesis

CHAPTER TWO
2.0   Review of related literature
2.1   An overview of monetary policy
2.2   An overview of C.B.N
2.3   Organization of central bank of Nigeria
2.4   Structure of central bank of Nigeria

CHAPTER THREE
3.0   The design and implementation of monetary policy instrument under economic crisis
3.1   The economic and policy strategies
3.2   Monetary policy objective and instrument
3.3   Monetary and credit development
3.4   Organization chart of the central bank of Nigeria
3.5   The implementation of indirect monetary control
3.6   Research methodology

CHAPTER FOUR
4.0   The design and implementation of monetary policy under economic adjustment
4.1   The C.B.N discount window before November 1989
4.2   The liquidity crisis of 1989 C.B.N support
4.3   The discount window post 1989
4.4   Sources of C.B.N economic and financial review vol. 23 ND1
4.5   O.M.O and other monetary policy instrument

CHAPTER FIVE
5.0   Summary
5.1   Conclusion

APA

Open Market Operation As An Instrument Of Monetary Policy In Nigeria.. (n.d.). UniTopics. https://www.unitopics.com/project/material/open-market-operation-as-an-instrument-of-monetary-policy/

MLA

“Open Market Operation As An Instrument Of Monetary Policy In Nigeria..” UniTopics, https://www.unitopics.com/project/material/open-market-operation-as-an-instrument-of-monetary-policy/. Accessed 20 September 2024.

Chicago

“Open Market Operation As An Instrument Of Monetary Policy In Nigeria..” UniTopics, Accessed September 20, 2024. https://www.unitopics.com/project/material/open-market-operation-as-an-instrument-of-monetary-policy/

WORK DETAILS

Here’s a typical structure for Open Market Operation As An Instrument Of Monetary Policy In Nigeria. research projects:

  • The title page of Open Market Operation As An Instrument Of Monetary Policy In Nigeria. should include the project title, your name, institution, and date.
  • The abstract of Open Market Operation As An Instrument Of Monetary Policy In Nigeria. should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
  • The introduction of Open Market Operation As An Instrument Of Monetary Policy In Nigeria. should provide the background information, outline the research problem, and state the objectives and significance of the study.
  • Review existing research related to Open Market Operation As An Instrument Of Monetary Policy In Nigeria., identifying gaps the study aims to fill.
  • The methodology section of Open Market Operation As An Instrument Of Monetary Policy In Nigeria. should describe the research design, data collection methods, and analytical techniques used.
  • Present the findings of the Open Market Operation As An Instrument Of Monetary Policy In Nigeria. research study using tables, charts, and graphs to illustrate key points.
  • Interpret Open Market Operation As An Instrument Of Monetary Policy In Nigeria. results, discussing their implications, limitations, and potential areas for future research.
  • Summarize the main findings of the Open Market Operation As An Instrument Of Monetary Policy In Nigeria. study and restate its significance.
  • List all the sources you cited in Open Market Operation As An Instrument Of Monetary Policy In Nigeria. project, following a specific citation style (e.g., APA, MLA, Chicago).