Financial System Regulation in a Pandemic: Evidence from Nigeria

Uddin, G. (2021) Financial System Regulation in a Pandemic: Evidence from Nigeria. Academia Letters, Article 567. https://doi.org/10.20935/AL567

9 Pages Posted: 19 May 2021

See all articles by Godwin Uddin

Godwin Uddin

School of Management and Social Sciences, Pan-Atlantic University, Lagos, Nigeria

Date Written: May 17, 2021

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

JEL Classification: E5, E52, E58, G28

Suggested Citation

Uddin, Godwin, Financial System Regulation in a Pandemic: Evidence from Nigeria (May 17, 2021). Uddin, G. (2021) Financial System Regulation in a Pandemic: Evidence from Nigeria. Academia Letters, Article 567. https://doi.org/10.20935/AL567, Available at SSRN: https://ssrn.com/abstract=3849347

Godwin Uddin (Contact Author)

School of Management and Social Sciences, Pan-Atlantic University, Lagos, Nigeria ( email )

KM 52 LEKKI-EPE EXPRESSWAY,
IBEJU-LEKKI,
Lagos, LA 23401
Nigeria

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
42
Abstract Views
280
PlumX Metrics