ECONOMICS

IMPACT OF E-NAIRA ON THE CENTRAL BANK OF NIGERIA’S MONETARY POLICY

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 examine how e-Naira impacts on the monetary policy of Central Bank of Nigeria, to evaluate the relationship between e-Naira and CBN’s monetary policy. 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 Abuja, FCT, Nigeria. The study findings revealed that e-Naira will aid CBN in making better monetary policies.

 

 

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