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A Critical Evaluation of the Central Bank of Nigeria’s Interventions in a Depressed Economy

This research explores how the Central Bank of Nigeria (CBN) deals with economic depression and the impacts of its interventions on monetary policy, credit support, exchange rate and regulation interventions. The motivation for this research stems from the recurrent depressed periods of Nigeria’s economy, with Nigeria’s economy currently growing, but its GDP growth rate remains low while unemployment remains high and there are liquidity problems with inflation. The research employs a conceptual and analytical review approach and brings together recent literature on policy analysis and institut…

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