Financial system regulation in a pandemic: Evidence from Nigeria

Godwin Uddin

MPRA Paper from University Library of Munich, Germany

Abstract: Financial system soundness in world economies remains germane, but in the same vein, the COVID-19 outbreak had made governments scampering for any and every solution as experience has shown the need to incentivize businesses to enable economy-wide recovery. In this perspective, consideration of the Nigerian case is made, to re-echo possible collaboration by the Central Bank of Nigeria (CBN) and an operationally-associated agency - the Asset Management Corporation of Nigeria (AMCON). This viewpoint shows the role that AMCON could play to recoup extended facilities, in view to ensure financial system soundness, amidst others. Thus, efforts to leverage on this collaboration could aid going forward a fruitful operational effectiveness of so established policy responses.

Keywords: COVID-19 pandemic; Central Bank of Nigeria; economic stimulus packages; Nigeria; financial system soundness; recession (search for similar items in EconPapers)
JEL-codes: E5 E52 E58 G28 (search for similar items in EconPapers)
Date: 2021-05-17
New Economics Papers: this item is included in nep-afr, nep-cba and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Academia Letters Article 567 (2021): pp. 1-9

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/108052/9/MPRA_paper_108052.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:108052

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().