Regulations Of Financial Institutions

1. Analyze the structure and functions of the Nigerian financial system.
2. Evaluate the effectiveness of monetary and fiscal policies in achieving economic stability.
3. Assess the roles of regulatory institutions in maintaining financial system soundness.
4. Compare and contrast different monetary policy frameworks and their implications.
5. Apply economic theories to understand the causes and consequences of unemployment and inflation.
6. Critically analyze the impact of international financial institutions on developing economies.

13 weeks, about 97 hours in total. Yours will differ.

1. Week 1Module 1: Policy Study On Issues in the Nigerian Financial System

   • Unit 1: Nigerian Financial System · 4 hours

     Read Unit 1: Nigerian Financial System, focusing on the overview of the banking sector and its historical background.. Identify key factors contributing to the unhealthiness and instability in the banking sector..

   • Unit 2: Sources of instability in the Banking System and Regulatory Authorities efforts at stabilizing the Financial System · 5 hours

     Study Unit 2: Sources of instability in the Banking System, paying close attention to the macroeconomic environment and asymmetric information.. Analyze the regulatory authorities' efforts at stabilizing the financial system through regulation and supervision..

   • Unit 3: Emerging Issues, Challenges and possible remedial actions · 4 hours

     Review Unit 3: Emerging Issues, Challenges and possible remedial actions, focusing on globalization and financial openness.. Examine the challenges of transparency and information disclosure in the banking system..

2. Week 2Module 2: Regulatory Institutions in Domestic Environment

   • Unit 1: Objectives of Regulating the Financial Institutions and Major Regulations in the Financial System · 4 hours

     Study Unit 1: Objectives of Regulating the Financial Institutions, focusing on the objectives of regulation and the overview of the regulatory system.. Identify the major regulations in the Nigerian financial system..

   • Unit 2: Regulatory Institution in the Nigeria Financial System (Domestic Environment) – CBN · 5 hours

     Read Unit 2: Regulatory Institution in the Nigeria Financial System (Domestic Environment) – CBN, focusing on the historical background and functions of the CBN.. Analyze the policy implementation and criticism of the CBN..

3. Week 3Module 2: Regulatory Institutions in Domestic Environment

   • Unit 3: Regulatory Institution in the Nigeria Financial System (Domestic Environment) –NDIC · 4 hours

     Study Unit 3: Regulatory Institution in the Nigeria Financial System (Domestic Environment) –NDIC, focusing on the historical development and functions of the NDIC.. Explain the rationale for the establishment of the Deposit Insurance Scheme in Nigeria..

   • Unit 4: Regulatory Institutions in the Nigeria Financial System (Domestic Environment) – SEC · 5 hours

     Read Unit 4: Regulatory Institutions in the Nigeria Financial System (Domestic Environment) – SEC, focusing on the historical development and objectives of the SEC.. Analyze the functions of the SEC and how it protects the investing public..

4. Week 4Module 2: Regulatory Institutions in Domestic Environment

   • Unit 5: Regulatory Institution in the Nigeria Financial System (Domestic Environment) –NAICOM · 6 hours

     Study Unit 5: Regulatory Institution in the Nigeria Financial System (Domestic Environment) –NAICOM, focusing on the historical development and services rendered by NAICOM.. Examine the performance target and customer expectations of NAICOM..

5. Week 5Module 3: International Dimensions of Financial Regulation

   • Unit 1: International Financial Market Difficulties · 4 hours

     Read Unit 1: International Financial Market Difficulties, focusing on the difficulties and possible remedies.. Discuss the impact of financial difficulties in one country spreading to others..

   • Unit 2: Regulatory Institutions in the International Environment-International Monetary Fund (IMF) · 5 hours

     Study Unit 2: Regulatory Institutions in the International Environment-International Monetary Fund (IMF), focusing on the meaning and functions of the IMF.. Analyze the surveillance of the global economy by the IMF and the conditionality of loans..

6. Week 6Module 3: International Dimensions of Financial Regulation

   • Unit 3: The International Bank for Reconstruction and Development (IBRD) or the World Bank · 4 hours

     Read Unit 3: The International Bank for Reconstruction and Development (IBRD) or the World Bank, focusing on the formation, functions, and purposes of the World Bank.. Examine the resources and lending procedure of the World Bank..

   • Unit 4: The African Development Bank (ADB) · 5 hours

     Study Unit 4: The African Development Bank (ADB), focusing on the history, group entities, and management of the ADB.. Analyze the functions and status of the ADB..

7. Week 7Module 4: Economic Stabilization Measures

   • Unit 1: Economic Stabilization and the Need for Regulation · 6 hours

     Read Unit 1: Economic Stabilization and the Need for Regulation, focusing on the objectives of economic stabilization and the need for regulation.. Explain the asymmetric information problem in the banking sector..

8. Week 8Module 4: Economic Stabilization Measures

   • Unit 2: Monetary policy as Instrument of Economic Stabilization · 6 hours

     Study Unit 2: Monetary policy as Instrument of Economic Stabilization, focusing on the monetary management mechanism and objectives of monetary policy.. Analyze the effectiveness of various monetary policy weapons..

9. Week 9Module 4: Economic Stabilization Measures

   • Unit 3: Fiscal Policy as an Instrument of Economic Stabilization · 6 hours

     Read Unit 3: Fiscal Policy as an Instrument of Economic Stabilization, focusing on the meaning of fiscal policy and inbuilt flexibility.. Analyze discretionary action as it affects fiscal policy..

10. Week 10Module 4: Economic Stabilization Measures

    • Unit 4: Direct Controls as Instrument of Economic Stabilization · 6 hours

      Study Unit 4: Direct Controls as Instrument of Economic Stabilization, focusing on the meaning, advantages, and objections to direct controls.. Discuss the circumstances under which direct controls are appropriate..

11. Week 11Module 5: Monetary and Fiscal Policy Goals and Targets

    • Unit 1: Overview of Monetary Policy Framework · 6 hours

      Read Unit 1: Overview of Monetary Policy Framework, focusing on the meaning of monetary policy framework and factors influencing the CBN's choice.. Analyze the relationship between monetary policy tools, targets, and goals..

12. Week 12Module 5: Monetary and Fiscal Policy Goals and Targets

    • Unit 2: Strategies of Monetary Targeting in Nigeria · 6 hours

      Study Unit 2: Strategies of Monetary Targeting in Nigeria, focusing on the different strategies of monetary policy.. Discuss price level targeting, inflation targeting, and exchange rate targeting..

13. Week 13Module 5: Monetary and Fiscal Policy Goals and Targets

    • Unit 3: Unemployment and Inflation Aggregate · 6 hours

      Read Unit 3: Unemployment and Inflation Aggregate, focusing on the concept of unemployment and the structuralist approach.. Analyze unemployment as a structural labor market problem and the income distribution theory of inflation..