First Published in 1980, The Foundations of Nigeria's Financial Infrastructure presents a comprehensive overview of different aspects of Nigeria’s financial developments. Divided in five parts this book brings twenty-one chapters dealing with themes like Nigeria’s traditional financial system; fundamental problems of banking in Nigeria; the banking system and the financial market; aspects of public and private sectors’ finance; revenue allocation in Nigeria; Nigerian currency system; Nigeria’s balance of payments and external liquidities; development in Nigeria’s external assets, and Nigeria and the International Monetary Fund, to showcase the catalytic role of the financial system in economic development. This volume will be useful for scholars and researchers of public finance, finance, economics, political economy, development economics and development studies.
Table of Contents
Foreword Preface Part I: A General Survey of Nigeria’s Financial System 1. Nigeria’s Traditional Financial System J.K.Onoh 2. A Survey of Nigeria’s Modern Financial System W. Okefie Uzoaga Part II: The Banking System and the Financial Market 3. Developments in the Central Bank of Nigeria Act C. S. Inyang and C. A. Okeke 4. Fundamental Problems of Banking in Nigeria N.O. Odoh 5. Commercial Bank Deposit Liabilities and Credit Generation J.K. Onoh 6. Commercial Banks’ Loans and Advances: A Decompositional Analysis of Structural Changes Ibi Ajayi 7. Merchant Banking in Nigeria J.K. Onoh and F. C. Anisiuba 8. The Nigerian Money Market J.K. Onoh and N. Diala-Ukah 9. The Nigerian Capital Market F.O. Okafor Part III: Aspects of Public and Private Sectors’ Finance 10. Financing the Nigerian Public Sector P.N.O. Ejiofor and F.O. Okafor 11. Revenue Allocation in Nigeria E.J. Nwosu 12. Budgetary Goals and Constrains in Nigeria J.K. Onoh 13. Sources of Finance for Nigerian Companies Obi Mordi 14. Housing Scheme Financing in Nigeria A.C. Ezejelue and Moses Bakpa Part IV: Other Financial Institutions 15. Notes on the Nigerian Industrial Development Bank Limited (NIDB) M.I. Chidozie 16. Notes on the Nigerian Agricultural Bank (NAB) C. C. Nweze 17. Nigerian Infrastructure Companies and Financial Intermediation T.O. Ugha and O. A. Onwuteaka Part V: Nigeria’s External Financial Relations 18. Notes on Convertibility and Nigeria’s Currency System A.N. Okoli 19. Nigeria’s Balance of Payments and External Liquidities in the Seventies L.O. Mbata 20. Developments in Nigeria’s External Assets S.C. Okafor and O. Unegbu 21. Nigeria and the International Monetary Fund J.K. Onoh and A.U. Chijindu Notes on Contributors Index