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ABSTRACT
Motivated by the rising inflation in Nigeria, this study examined the impact of monetary policy and inflation in Nigeria from 1986 to 2016. The increasing inflation rate and its vices in Nigeria questions the effort and policies that have been made to combat it or the degree of its implementation, and therefore the need to examine the impact of monetary policy on inflation control. The study employed annual time series data using Error correction model and Johansen co-integration to ascertain the specific objectives of the study. The study employed data from CBN Statistical Bulletin, National Bureau of Statistics, and the World Bank indicators, Economic journals and articles. The findings of the study suggest that monetary policy rate and interest rate has a significant and positive impact on inflation while broad money supply has a positive inelastic relationship with inflation and liquidity ratio has a negative inelastic relationship with inflation. Also the results show that there exist a long run relationship between the variables in the researcher’s model and inflation. Finally the results suggest that an increase in MS2, MPR and interest rate causes an increase in inflation, while an increase in liquidity ratio causes a decrease in inflation. The study therefore recommends that policies be formulated to exploit the impact of monetary policy on inflation control in Nigeria in an attempt to reduce the inflation rate.
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SIMILAR BUSINESS MANAGEMENT FINAL YEAR PROJECT RESEARCH TOPICS
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2. IMPACT OF TOTAL QUALITY MANAGEMENT ON CORPORATE PRODUCTIVITY IN NIGERIAN BOTTLING COMPANY (NBC)
» ABSTRACT From the structure of this research work topic is Total Quality Management as a means of enhancing organizational success in Nigerian Bottlin...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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3. THE EFFECT OF CAPITAL STRUCTURE ON FIRMS PRODUCTIVITY (A CASE STUDY OF NIGERIA BREWERY, FOOD AND BREVERAGES)
» CHAPTER ONE INTRODUCTION 1.1 Background of the Problem Capital structure has a crucial role to play on determining company’s financial performan...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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4. MANAGEMENT OF WORKING CAPITAL IN SMALL AND MEDIUM SCALE ENTERPRISE
» TABLE OF CONTENTS Pages Title page i Declaration ii Certification iii Dedication iv Acknowledgements v Table of Contents vi List of Tables x Abstract ...Continue Reading »Item Type & Format: Project Material - Ms Word | 72 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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5. EFFECT OF PROPER RECORDS MANAGEMENT ON WORKERS’ PRODUCTIVITY
» ABSTRACT The topic on this project is Effect of Proper Record Management on Workers’ productivity. The case of safe keeping of records is vital to a...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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6. Trade Unionism And It’s Impact On Workers Welfare In Nigeria Trade Unionism And Organisational Effectiveness (A Study Of Nestle Nigeria Plc, Lagos)
» ABSTRACT This study is motivated by the unseemly variety of problems faced by an average Nigerian worker and the fundamental question as the level and...Continue Reading »Item Type & Format: Project Material - Ms Word | 50 pages | Instant Download | Chapter 1-5 | BUSINESS MANAGEMENT DEPARTMENT
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7. INFLUENCE OF STAFF TRAINING ON ORGANIZATIONAL PERFORMANCE: A CASE STUDY OF NIGERIA TELEVISION AUTHORITY,UYO
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8. IMPACT OF SALES PROMOTIONAL ACTIVITIES ON THE CONSUMPTION OF SOFT DRINK IN PORT HARCOURT
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9. TOTAL QUALITY MANAGEMENT AND THE PERFORMANCE OF FIRST BANK NIGERIA PLC, UYO
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10. COST CONTROL TECHNIQUES AND THEIR IMPACT ON CONSTRUCTION PROJECT DELIVERY IN NIGERIA
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