MANAGEMENT OF MONEY MARKET INSTRUMENTS IN THE NIGERIAN FINANCIAL SYSTEM – AN APPRAISAL
Authors:
OLANREWAJU Pius
Publication Type: Journal article
Journal:
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Abstract
The proper management of money market instruments is one of the salient features of a viable financial and monetary system which helps to facilitate smooth banking and financial transactions. In Nigeria, as in other developing countries, management of money market instruments is inefficient, /unreliable and insecure. This paper is an attempt to analyse the Nigeria financial system and contemporary problems associated with the management of money market instruments. The paper concludes by suggesting the need for financial planning and the need to be more creative in product development on financial service delivery. By and large, making the money market more efficient to meet the challenges of the post consolidation era.