Course Description:
This course introduces undergraduate students to the fundamental concepts, principles, and functions of money and banking within the context of the Nigerian financial system. It explores the role of money in the economy, the operations of commercial banks and central banks, the impact of financial institutions on economic development, and the broader economic implications of monetary policy.
Learning Objectives:
- Explain the functions, types, and characteristics of money.
- Analyse the evolution of the financial system in Nigeria.
- Describe the structure and functions of the Central Bank of Nigeria (CBN).
- Evaluate the role of commercial banks in financial intermediation.
- Analyse the tools used by the CBN to conduct monetary policy.
- Assess the impacts of monetary policy on the Nigerian economy.
- Evaluate the role of non-bank financial institutions in the financial system.
- Analyze contemporary issues and challenges in the Nigerian financial system.
- Develop critical thinking and problem-solving skills in the context of money and banking.
- Faculty: Perekunah Eregha
- Faculty: Julius C. Ujah
Physical Space Type Required: Regular Classroom