IOSR-JEF   Volume-11 ~ Issue-4 ~ July – Aug. 2020

Abstract: Over the years there have been various efforts by the Central Bank of Nigeria to influence the overall performance of economy, this help the financial services sector to growth but the real sector has not grown robustly. This study therefore appraises the monetary policy regimes in Nigeria as it relates to the role of CBN policy objectives from 1986-2018, by examining the use MRR and MPR as policy instrument. The selected macroeconomic variables used are minimum rediscount rate (MRR), monetary policy rate (MPR), Output, inflation (INF), interest rate (IR), money supply (M1 &M2), and exchange rate (EXGR). The study employed the used of VAR. the result of impulse response functions shows that monetary policy has little impact during the pre central bank independence and is more effective in the post CBN independence period. Based on the empirical findings, the following......

Key Words: Monetary policy, Minimum Rediscount Rate (MRR), Monetary Policy Rate (MPR), Vector Autoregressive (VAR)

Abstract: The study investigates the impact of liquidity management on Islamic and conventional banks profitability in Nigeria for the period 2012-2019. First bank plc and Jaiz bank were both used to represent the conventional and Islamic banks in Nigeria respectively. Time series data were sourced from the quarterly bulletin of selected banks used for the study. Time series data were first subjected to preliminary analysis (descriptive statistics, unit root test & co-integration test) so as to ascertain the background characteristics of dataset. The ordinary least square estimation technique was used to capture the relationship between liquidity and profitability. Liquidity was measured by the liquid asset to total asset ratio (LATA), current ratio and cash ratio while bank size was used as a control variable. Profitability was measured using the return on asset. Empirical result indicated that......

Keywords: Liquidity, Profitability, Islamic Bank, Jaiz Bank, First Bank.

Abstract: The core problem that necessitated this study is the total negligence of the informal economy in policy development, National income estimates despite the significant role it plays in terms of job creation, income to the teaming population and the poorest households. The study aims to establish the predictive and long run relationship between informal sector and unemployment rate in Nigeria and to determine the effect of the credit to private sector on employment rate in Nigeria. The research employed the use of descriptive statistic, Unit Root test, Co-Integration test, Vector Error Correction Model (VECM) and the Granger Causality. The descriptive statistic revealed the variables were positively skewed and normally distributed. The Unit root test showed that UMRT, LFPR,DCPS,FDI and MVA were all stationary at first difference i.e I(1)......

Key Words: Informal Sector; Unemployment Rate;Firms; Formal Sector