All over the world, banks have been undergoing crisis, but the Nigerian experience has been hazardous to the country’s financial sector stability. Against this scenery, this paper investigates some cost efficiency correlates of a set of fifteen deposit money banks in Nigeria over the period...

In recent years the issue of the role of asset prices in monetary setting has become increasingly topical since booms and busts in asset market are associated with the fluctuations in overall economic activity through its impacts on aggregate spending. In this study, we use Smooth Transition...

Quality of asset and efficiency of bank is highly correlated. The efficiency of banking in post-liberalization period is judged not only based of its profitability but also on quality of assets it holds. Non Performing Asset (NPA) is the foremost threat for banking stability and growth. Against...

Besides providing enhanced macroeconomic and financial stability, a commitment to optimum monetary policy conduct in a developing economy like Nigeria could better deliver greater long-run stability of both internal and external macroeconomic factors. The need for an ordered monetary policy...

The paper examines the proposed Economic and Monetary Union for ECOWAS sub-region and provide a comprehensive evidence based on European Union experience of what ECOWAS common currency stand to gain in terms of both Intra and Inter flow of FDI. Evidence from the reviewed literature revealed...

Mit der Krise im Euroraum hat die Frage nach der institutionellen Ausgestaltung der Währungsunion an Bedeutung gewonnen. Ein Problem im Hinblick auf die längerfristige Stabilität des Euroraums ist das Fehlen von Mechanismen, die nur in einzelnen Ländern auftretende konjunkturelle Schocks...

The possible short-run trade-off between the inflation (gap) and the output (gap) remains a critical policy issue for any emerging economy; particularly when an implicit or an explicit inflation targeting monetary policy is considered. The New Keynesian Phillips Curve (NKPC) has recently set up...

The article aims at determining the inflation influence between Poland and selected EU member states. Although for some time the general inflation level in those countries was definitely controllable, the problem seems to be returning. That is why in this article, using the model of Vector...

The objective of this study is to review the recently introduced cashless policy in Nigeria and in particular, assess peoples’ behaviours and attitudes towards the policy in Lagos where it is operational. It is found that while 92% of the sample is aware of the cashless policy, only 58%...