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KEY ISSUES Context. Nigeria has a large and diverse economy that has achieved a decade of strong growth, averaging 6 ….8 percent a year. However, Nigeria still lags peers in critical infrastructure and has high rates of poverty and income …
Persistent link: https://www.econbiz.de/10011245409
This 2013 Article IV Consultation highlights Nigeria’s poverty and income inequality that remain high and social and governance indicators that are below averages for sub-Saharan Africa. Growth is expected to remain strong, driven by agriculture, trade, and services. Inflation should...
Persistent link: https://www.econbiz.de/10011243863
The overarching policy challenge facing Nigeria is to reduce widespread poverty and unemployment. Macroeconomic …
Persistent link: https://www.econbiz.de/10011244107
in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with … the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that … Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement …
Persistent link: https://www.econbiz.de/10011244308
Nigeria (CBN) should enhance further its work in improving cross-border supervision, including home-host coordination and …
Persistent link: https://www.econbiz.de/10011244542
To assess the financial stability in Nigeria, various stress tests and analytic processes were undertaken jointly by …
Persistent link: https://www.econbiz.de/10011245495
credible exit strategy. The Central Bank of Nigeria (CBN) has a broad resolution toolkit, which was put to use during the … crisis to resolve the intervened banks. The Nigerian authorities set up the Asset Management Corporation of Nigeria (AMCON …
Persistent link: https://www.econbiz.de/10011242485
Persistent link: https://www.econbiz.de/10011242662
) Principles in Nigeria was conducted as part of the International Monetary Fund (IMF)-World Bank Financial Sector Assessment …
Persistent link: https://www.econbiz.de/10011242705
This Technical Note focuses on strengthening of monetary and liquidity management in Nigeria. The Central Bank of … Nigeria (CBN) has robust institutional framework in place to design and implement monetary policy. The CBN has also sufficient …
Persistent link: https://www.econbiz.de/10011243706