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Sulaiman, T.H; Ajiteru, S.A.R; Abalaka, J.N

International Journal of Economic, Social and Development Sciences 2025 International Forum of Researchers and Lecturers

This study examines the impact of the Central Bank of Nigeria's monetary policies on the Nigerian economy, specifically how these policies can be applied to foster economic growth. The research employs multiple regression models as the primary statistical method to analyze the relationship between key variables: money supply, average price levels, interest rates, labor force, and their effects on the Gross Domestic Product (GDP). Using data from 1981 to 2008, the study applies the Ordinary Least Squares (OLS) method to assess these effects comprehensively. The findings indicate that monetary policy, as reflected by money supply, positively influences GDP growth and improves the balance of payments, while also having a negative impact on inflation rates. The study suggests that the Nigerian money market should introduce a broader range of financial instruments to cater to the growing economy’s needs. Additionally, the recommendations emphasize the importance of designing monetary policies that create a favorable investment climate by adjusting interest rates, currency rates, and liquidity management mechanisms. By fostering a well-regulated and flexible monetary system, the Central Bank can further enhance the economic stability and growth of Nigeria, supporting sustainable development in the long term.

Vivi Oktari; Aloysius Dimas

Jurnal Pelayanan Hubungan Masyarakat 2023 International Forum of Researchers and Lecturers

Currency is a symbol of a country's sovereignty, the Rupiah is currency as well as a legal means of payment for use in economic transactions in Indonesia. Learning to understand the difference between fake and real money and implementing how severe punishments for dealers and users of counterfeit money are carried out effectively will provide a positive change in the future for students. This socialization regarding disclosing the secret of the difference between real and fake money and preventing fake money fraud was highly appreciated regarding this socialization, especially teachers and students, but many students were still confused about differentiating between real and fake money. So that female students do not get caught up in fraud and the distribution of counterfeit money, this socialization hopes that female students from early ages to adults can avoid and be able to distinguish between real and fake money, understand the characteristics of the authenticity of money, and know the penalties related to the laws that apply to its use. and distribution of counterfeit money. The methods for implementing activities in this socialization are lecture, interview, discussion and evaluation methods. The results of the training are an increase in understanding of real money vs fake money, understanding the characteristics, increasing insight regarding applicable legal regulations and being able to use this knowledge better in the present and future.