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Monetary Policy

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International Development

Bilateral Economic Cooperation
The Monetary Policy Department has included in its process the financial sector reforms which was initiated to enhance competition, reduce distortion in investment decisions and evolve a sound and more efficient financial system. The reforms which focused on structural changes, monetary policy, interest rate administration and foreign exchange management, encompass both financial market liberalization and institutional building in the financial sector. In view of this, the department provides information on financial and institutional policies during bilateral negotiations between Nigeria and other countries.

Visit The Banks For International Settlement website - http://www.bis.org

Facts : 12/12/2000
The West African Monetary Institute (WAMI):The West African Monetary Institute (WAMI) - http://www.wami-imao.org/ is saddled with the responsibility of facilitating the realization of the single monetary union of the WAMZ. The institute is located in Ghana.
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