IMF Staff Country Reports

Nigeria: Selected Issues

February 14, 2008

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Nigeria: Selected Issues, (USA: International Monetary Fund, 2008) accessed November 21, 2024

Summary

This paper presents a simple structural model of inflation adapted for Nigeria based on the methodology of Berg, Karam, and Laxton. This approach allows different policy options to be considered systematically in a baseline forecasting exercise. The development and calibration of this model are ongoing. The consolidation of the banking system has transformed Nigeria’s financial system and created opportunities for financial institutions and market participants; but, it also poses challenges for financial stability. Efforts must therefore be stepped up to strengthen supervision and regulatory interventions.

Subject: Banking, Commercial banks, Financial institutions, Financial services, Inflation, Loans, Nonperforming loans, Prices, Real interest rates

Keywords: Africa, B. bank soundness, Bank, Bank grouping, Bank instability, Banking sector, Banking system, Commercial banks, CR, Generation bank, Global, Inflation, Inflation expectation, Inflation outcome, ISCR, Loans, Nonperforming loans, Price, Real interest rates, Sub-Saharan Africa

Publication Details

  • Pages:

    37

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2008/065

  • Stock No:

    1NGAEA2008002

  • ISBN:

    9781451829075

  • ISSN:

    1934-7685