April 2022

Further insights on monetary transmission mechanism in Nigeria

This study investigated the response of the different monetary policy channels to several macroeconomic variables in Nigeria and established the dominant channel on output from the period of 1986 to 2017 using quarterly data. Variables such as private sector credit, inflation rate, monetary policy rate, exchange rate, all share index and real output were used to carry out this investigation. The study adopted the...

Author(s): Oyadeyi Olajide Omowonuola and Akinbobola Temidayo 

June 2022

A systematic and non-systematic approach to monetary policy shocks and monetary transmission process in Nigeria

The study explores the impacts of systematic and nonsystematic monetary policy shocks and how they affect the monetary transmission process in Nigeria from 1986 to 2020 using quarterly data. The objective of the study was to improve the understanding of the systematic and non-systematic monetary shocks and how they affect the monetary transmission process in Nigeria. Data on variables such as monetary policy rate,...

Author(s): Oyadeyi Olajide Omowonuola