Interest rate pass-through, the transmission of central bank policy rate changes to retail bank lending and deposit rates, is a crucial indicator of the effectiveness of monetary policy. This study examines the interest rate pass-through mechanism in the context of Nigeria's monetary policy framework. In December 2006, Nigeria adopted a new monetary policy approach, replacing the minimum
Corporate governance plays a pivotal role in mitigating corporate scandals and financial crises that have plagued global economies in recent years. Numerous large companies across the globe, including those in the United States, Europe, and Asia, faced collapse during financial crises, highlighting the importance of effective corporate risk governance. In Sri Lanka, similar business
Drought is a recurring natural phenomenon with significant global impacts. Various regions around the world, including India, Israel, southern Africa, and parts of China, experience drought events at different intervals. In some cases, like the North China Plain, droughts have occurred frequently, with 35 reported instances over the past four decades. Both Australia and the United States have
The relationship between humanity and the ocean has a deep historical significance, particularly in the context of the economic dimension. The concept of ocean Gross Domestic Product (GDP) was introduced in 1974 to quantify the wealth generated from ocean-related activities (Colgan, 2013). Pontecorvo et al. (1980) and Pontecorvo (1988) estimated the ocean sector's contribution to the U.S.
In recent decades, global awareness of environmental issues has surged, drawing attention from governments, policymakers, advocacy groups, businesses, and the public worldwide. These concerns encompass a wide range of issues, including environmental degradation, climate change, ethical considerations, social responsibility, marginalization, and the emergence of influential activist groups.