THE ROLES OF THE CENTRAL BANK IN STABILIZING A DEPRESSED ECONOMY (THE NIGERIAN EXPERIENCE

ABSTRACT  This study on the role of Central Bank in stabilizing a depressed economy was designed with the objectives of ascertaining if the Central Bank of Nigeria is achieving involved in the stabilization of Nigeria economy, to determine if Central bank of Nigeria has control measures over the management of money market and capital market to identify the role of central bank of Nigeria in the formation and implementation of the country and to recommend appropriate measures for improved quality contribution by the Central Bank of Nigeria for the country.  The Central bank is an important institution to a depressed economy like Nigeria, the financial trade and policies formulate and implemented by the Central bank are very important.  Infact if could be regarded as a pillar to the survival of the national economic development without which the economy will be in shamble.  In carrying out a research the research, secondary and primary data was collected and used accordingly. Related literature  were reviewed and questionnaires were prepared, distributed and analysed. The use of chi-square technique was used in analyzing the primary data. The findings of the research were reached. Following the findings, appropriate recommendation was stated in order for Central Bank to bring a stable economy should encourage good decisive policy and conclusion was reached hoping that this work will enable the role of Central Bank of Nigeria to be more appreciative.    TABLE OF CONTENT  Title Page II Approval page III Dedication IV Acknowledgement V Abstract VII Table of content IX
CHAPTER ONE: INTRODUCTION  1.1Introduction 1 1.2Statement of the problem 2 1.3Purpose of the study 3 1.4Research hypothesis 3 1.5Significance of the study 5 1.6Scope and limitation of the study 5 1.7Definition of terms 6

CHAPTER TWO: REVIEW OF RELATED LITERATURE  2.1Introduction 10 2.2Definition 12 2.3Central Bank of Nigeria and its objectives 16 2.4Functions of Central Bank of Nigeria 19 2.5Monetary policy meaning and objectives 30 2.6Instruments used by Central Bank of Nigeria in stabilizing Nigeria economy. 33 2.7The roles of Central Bank of Nigeria in stabilizing Nigeria economy. 39 2.8Problems faced by Central Bank of Nigeria in stabilizing Nigeria economy. 48
CHAPTER THREE: RESEARCH DESIGN AND METHODOLOGY  3.1Study area 53 3.2Sources of data 53 3.3Methods of investigation. 55
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS OF DATA  4.1Persecution and analysis of the questionnaire 58 4.2Test of hypothesis
CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS  5.1Findings    79 5.2Conclusion 80 5.3Recommendations 81 BIBLIOGRAPHY 84 APPENDIX 86