Download Tag: NIGERIA’S ECONOMIC GROWTH

ABSTRACT This study examines Bank Distress and its effect on the economic growth of Nigeria economy for the period of 1980 to 2009. Using the Classical Linear Regression Model the ordinary Least Square Method (OLS) of analysis was adopted for the analysis of the work. The result shows that the distress in the banking sector has a significant effect on the growth of GDP in Nigeria. We recommend among others that the government ...

ABSTRACT This study empirically examined the impact of external trade on economic growth of Nigeria between the period 1980-2013. The study employed Ordinary least square (OLS) regression technique to analyze the data obtained from the CBN statistical bulletin for the relevant years under study. The empirical results were on Augmented Dickey Fuller test. In the second step, Johansen co-integration test was conducted. The presence of long run equilibrium found led ...

ABSTRACT This study empirically examined the impact of Government expenditure on Nigeria’s economic growth between the period 1981-2013. The data for this research work was obtained from the CBN Statistical Bulletin for the relevant period under study and analysed using ordinary least square (OLS) regression technique. The empirical results were on Augmented Dickey Fuller test.  In the second step, Johansen co-integration test was conducted. The presence of long run equilibrium ...

Abstract Exchange rate and inflation are the major drivers of any nation’s economy. Exchange rate policies in developing countries are often sensitive and controversial, mainly because of the kind of structural transformation required, such as reducing imports or expanding non-oil exports, which invariably imply a depreciation of the nominal exchange rate. Such domestic adjustments, due to their short-run impact on prices and demand, are perceived as damaging to the economy. ...