Central Bank of Nigeria × 2020 ×
Deposit and Lending Rates in the Banking Industry for the week ended June 28, 2024
Deposit and Lending Rates in the Banking Industry for the week ended June 21, 2024
Digital Currencies: Emerging Trends, Challenges and the Future of the Monetary System
Despite the numerous advantages associated with the use of digital currencies, the innovation is laden with considerable challenges. Among them is the significant risk of hackers stealing from digital wallets. The deficiency of required infrastructure such as secure internet faci…
Digital Technology and the Transformation of the Nigerian Banking System: The Operators’ Perspective
The rapid development of digital technology through the years, and the rails provided by the internet for connectivity remains the most important development that has impacted change and driven massive improvement in the operation of banking and financial services. It has brought…
Digitalisation and Financial System Stability: What Role for Macroprudential Policies?
The recent spate of financial digitalisation have been revolutionary, leading to significant changes in the structure of the financial system, its operational paradigm, users’ perception and experiences, and the regulatory landscape. These developments have been driven by explosi…
Impact of Technology on Financial Services
In more recent years, developments in the application of the internet and mobile technologies have supercharged innovation in the delivery of financial services. These technologies have been the wheels upon which new banking infrastructure, business models, platforms, channels, e…
Nigeria’s Budding Digital Economy: Coping with Disruptive Technology
Innovation is the lifeblood of any digital economy, and it is the constant emergence of innovation that ensures the competitiveness and sustenance of the sector. This is because, unlike most other industries, in the digital economy, competition is almost always against global pla…
The Evolution of Money and the Changing Role of Central Banks in the Digital Age
The main purpose of this paper is to examine the changing roles of central banks occasioned by the challenges posed by digitalisation. Based on available literature surveyed, this changing role is principally evident in the recent move by most central banks to issue their own dig…
The Tokenisation of Assets: Jurisdictional Experiences and the Lessons for Nigeria’s Financial System
For bitcoin as well as other kinds of cryptocurrencies, this new world of opportunities is powered by blockchain technology a type of distributed ledger technology that holds the floodgates to multiple means of investment. Blockchain enables an asset to be easily broken down into…
A Review of Federal Government Support Policies and Programmes for Food Security: A Farmers Perspective
Nigeria’s efforts at achieving meaningful development had been hampered by high population growth rate, poverty and hunger, unemployment, illiteracy, decaying and dilapidated infrastructure, as well as excessive debt burden. Others include: corruption; policy inconsistency and re…
Addressing Food Insecurity in Nigeria: Lessons from Jurisdictional Experiences
The challenge of food security transcends national or regional boundaries, and indeed became a global concern in 2015 when the Sustainable Development Goals (SDGs) were set. Goal 2 targets zero hunger by 2030, and that is, to end hunger, achieve food security and improved nutriti…
An Overview of Federal Government Policies and Programmes for Food Security in Nigeria
Nigeria has a vast land area of 91.1 million hectares supported by 1.3 million hectares of water bodies, 3.14 million hectares of irrigated land and a coastal line of over 800 km that is viable for virtually all aspects of agro-allied sector (crops, agro-forestry, fisheries, poul…
Averting the Looming Food Crisis: A Clarion Call to Immediate and Near-term Policy Action
This dialogue seeks to advise on how to tackle the skyrocketing prices of food being experienced today all over the nation and to get the Government to take urgent and proactive actions to avert the pain being experienced by the entire Nigerian people. | Keywords: Food crises.
Averting the Looming Food Crisis: A Clarion Call to Immediate and Near- Term Policy Actions
Keywords: Food crises
Averting the Looming Food Crisis: A Clarion Call to Immediate and Near-term Policy Action
Nigeria suffers from food insecurity and poverty. It is estimated that the number of hungry people in Nigeria is over 53 million, which is about 25.0 per cent of the country’s total population of about 212 million. Also, about 43.0 per cent of Nigerians live below the poverty lin…
Averting the Looming Food Crisis: A Clarion Call to Immediate and Near-term Policy Action
In Nigeria, food constitute a substantial share of family budgets, particularly for low-income households. When prices of essential foods items increase poorer people suffer the adverse impacts more disproportionately. While clothing and shelter are basic necessities of life, foo…
Averting the Looming Food Crisis: A Clarion Call to Immediate and Near-term Policy Action
Nigeria, according to an online poll, is projected to have grown to a population of 268 million. The high population growth in Nigeria has overstretched all sectors of the economy, leading to high cost of living. Fan and Besong (2010) identified the factors responsible for the po…
CBN Interventions and Food Security: Rationale, Experience and Challenges
Food security has been defined across a plethora of contexts and policy usage. In one context it is considered a causal pathway/chain of activities from production, through distribution, processing up to and including consumption. According to the FAO (2006), food security is a s…
Food Security Strategy in Nigeria: Is there Need for a Shift in Paradigm?
The paper highlights the problem of food security in Nigeria under a rapidly increasing population and declining crop productivity and sheds light on strategies that can guarantee self-sufficiency, wealth, and employment generation. To meet the increasing food demand in Nigeria,…
Food Security Strategy in Nigeria: Is there Need for a Shift in Paradigm?
The paper highlights the problem of food security in Nigeria under a rapidly increasing population and declining crop productivity and sheds light on strategies that can guarantee self-sufficiency, wealth, and employment generation. To meet the increasing food demand in Nigeria,…
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