Further insights on monetary transmission mechanism in Nigeria

This study investigated the response of different monetary policy channels to several macroeconomic variables in Nigeria and established dominant channel on output from period 1986 2017 using quarterly data. Variables such as private sector credit, inflation rate, exchange all share index real were used carry out this investigation. The adopted structural break VAR methods achieving objectives found a significant standard deviation effect each short term, while it also that innovations arising itself caused greatest shock its future values. findings further demonstrated had weak influence output, with interest rate being output. Finally, paper suggested authority should keep major anchor through which impulses are transmitted into economy.   Key words: Monetary transmission mechanism, channel, credit expectations asset price vector autoregressive (SVAR).