THE ROLE OF NIGEIRA MONEY MARKET IN SAVINGS MOBILIZATION

This research is on an issue which is of great importance to the Nigerian economy. It is on the Nigeria money market and its role in savings mobilization. The seminar report comprises of three chapters; chapter one is an introduction of the topic, chapter two is one the review of the existing literature relating to the subject matter. Chapter three dealt on summary of finding, recommendations and conclusions. The research traced the evolution/development objective for its establishment and instruments used in the Nigeria money market in mobilizing savings. Also touched was the efficiency of the Nigeria money market in saving mobilization prospects of the market, all the importance of the money market in saving mobilization.

COVER PAGE I

TITLE PAGE II

APPROVAL PAGE III

DEDICATION IV

ACKNOWLEDGEMENT V

ABSTRACT VI

TABLE OF CONTENT VII

1.1 Background of the study 1

1.2 Statement of the problem 7

1.3 Purpose of the study 8

1.4 Scope of the study 10

1.5 Significance of the study 11

1.6 Limitation of the study 11

1.7 Definition of terms 13

2.1 Evolution and development of Nigeria money market 15

2.2 Objective for the establishment of money market 17

2.3 Instruments used in money market for mobilizing saving 18

i. Treasury bill 19

ii. Treasury certificate 19

iii. Eligible development stock 20

iv. Bankerâ€s unit fund 20

v. Commercial bills 20

2.4 The efficiency of the money market

 in saving mobilization 21

3.1 Finding/observation 23

3.2 Recommendations 24

3.3 Conclusion 26