We assess the impacts of banking sector reforms on the development of the financial sector and growth of the economy over the period 1970-2010. First, we test for the stationary state of our data using the Levin, Lin and Chu t* stationary test. The test results reveal that all the variables are...

This study argues that monetary targeting as a strategy of monetary policy is not effective in controlling inflation in Nigeria. Before arriving at this conclusion, an econometric model of the demand for money is specified and estimated using the techniques of Ordinary Least Square on an annual...

This paper is an effort to investigate the economic justification for the adoption of the proposed policy of currency restructuring by the monetary authority in Nigeria. In order to fulfill this objective, this paper reviewed the impacts of similar policy on the Nigerian economy over the period...

This paper is an effort to fill the gap in the energy literature with an in-depth country study for Nigeria. In order to find the main driving forces affecting short and long run CO2 emission patterns and the relationship between economic growth and CO2 emissions in Nigerian economy over the...

This paper investigates whether bank-lending behaviour can provide a convincing explanation for the effects of monetary policy on inflation over the period 1993-2009. This period was selected on account that it marks the beginning of indirect monetary policy regime in Nigeria. Applying the ADF...