IMPACT OF E-NAIRA ON THE CENTRAL BANK OF NIGERIA'S MONETARY POLICY
ABSTRACT
This study intends to examine the impact of e-Naira on CBN's Monetary Policy. This study was guided by the following objectives; to evaluate the impact of e-naira on price stability, to determine the influence of e-naira on economic growth and to find out if the electronic naira affects the average price of products in Nigeria. The study employed the descriptive and explanatory design; Secondary data sources were used and data was analyzed using the chi square statistical tool at 5% level of significance which was presented in frequency tables and percentage. The respondents under the study were 100 residents of Kaduna state, Nigeria. The study findings revealed that e-Naira will aid CBN in making better monetary policies.
CHAPTER ONE
INTRODUCTION
Background to the Study
A stable monetary policy in any nation can be combinations of policies to achieve a stable seen as an economy approaching full monetary economy has been on the front burner of the apex bank.
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