Download Category: ECONOMICS PROJECT TOPICS


THE IMPACT OF AGRICULTURAL OUTPUT ON THE ECONOMY OF NIGERIA

ABSTRACT This study has attempted to measure the impact of agricultural output on economic growth. The study made use of secondary data from 1970-2004 sourced from various CBN publications and with the use of the ordinary least squares regression procedure, our estimates were determined. The empirical analysis carried out confirmed that agriculture has contributed positively to economic growth. The model employed is adopted along the Robert Solow model based.

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THE IMPACT OF FINANCIAL LITERACY ON ECONOMIC DEVELOPMENT OF NIGERIA

ABSTRACT Financial Literacy is the ability to make informed judgments and to make effective decisions regarding the use and management of money .The need for financial literacy cant be over emphasized in this our time even as the Central Bank of Nigeria seeks to enahance an efficient economy especially through the e- banking system and thus creating a cashless economy beginning form June 1 2012. Financial system plays a crucial role ...

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MANAGING MONETARY POLICY IN AN ENVIRONMENT OF FISCAL POLICY DOMINANCE IN THE NIGERIAN ECONOMY

ABSTRACT  This study sets out to examine managing monetary policy in an environment chocked up with huge fiscal deficits and public debt, high inflation rate etc, (which gives rise to fiscal dominance), in Nigerian setting during the period 1980 to 2004. To accomplish this, statistical hypotheses were stated empirically. In chapter two, of the study, the review of various monetary policies in Nigeria was highlighted. Also there were emphasis on ...

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IMPACT OF EXCHANGE RATE POLICY ON NON-OIL EXPORTS IN THE NIGERIAN ECONOMY

ABSTRACT The decline of non-oil exports has had adverse effect on the economy. Since 1986, the federal government has formulated policies to enhance non-oil exports, put in place incentives and institutional support framework effective implementation. This paper examines these policies to investigate the extent to which the exchange rate can boost non-oil exports especially agricultural, manufactured and mining exports. This paper is derived from the recognition that the country’s current ...

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FINANCIAL SECTOR LIBRALIZATION AND CAPITAL MARKET DEVELOPMENT IN NIGERIA

ABSTRACT This Research study was carried out to find the link between financial sector liberalization and capital market Development. As part of the Structural Adjustment Programme (SAP) of 1986, the Nigerian Government initiated a large scale restructuring Of the financial sector and the liberalization of the regulations concerning financial institutions and markets. This was justified on the basis of existing market failures which arose from externalities and lack of information ...

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FINANCIAL SECTOR DEVELOPMENT AND THE NIGERIA ECONOMY

ABSTRACT This study looked at the financial sector development and the Nigerian economy. The objectives of this study are to analyze the various developments in the financial sector, to examine the trend of the financial development and to determine the financial sector development in relation to the Nigerian economy. This study is based on the Big-Push theory and the method used in the study is an explanatory method which is more ...

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IMPACT OF TRADE LIBRALIZATION ON EMPLOYMENT GROWTH IN NIGERIA (1981-2013)

1.1   BACKGROUND TO THE STUDY The issue of employment is very germane to any economy; this is why one of the main macroeconomic objectives of any country is to attain full employment. The issue of employment is paramount to Africa and Nigeria in particular, where high-level poverty is obvious with rising unemployment rates. However, in order to combat the problem of poverty, Oni (2006) argued that reducing the level ...

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ENCOURAGING GROWTH TO REDUCE POVERTY IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY Poverty has steadily increased in Nigeria in the last ten years. Both world bank reports and human development reports can lend credence to the above assertion in 1087, Nigeria was ranked 54th and was classified as middle income nation by the 1981 world development report. By 1957 Nigeria had lost her status a middle income nation and by 1991, if has joined the ...

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GOVERNMENT EXPENDITURE AND AGRICULTURAL PRODUCTION IN NIGERIA

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY The socio-economic development of any nation is usually dependent on many factors, which combine to ensure the successful attainment of set development goals.  One of such factors is agriculture.  Its discovery dates back to 800 BC period regarded as the new Stone Age, when man began to till soil and grow crops using crude implements made out of stone (Anderson, 1995).  According to ...

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FORECAST OF EXCHANGE RATE DETERMINANTS IN NIGERIA

ABSTRACT It has been noted that the Nigeria economy has gone through series of transformation since independence.  Her exchange rate determination has taken various shapes from administratively deformed rate to a market determined rate.  These have also be associated with deficient problems.  As a result of these problems, the government through the help of the CBN (Central Bank of Nigeria) tries to regulate the exchange rate system.  The adoption of ...

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THE IMPACT OF THE CASHLESS POLICY ON ECONOMIC GROWTH OF NIGERIA

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The introduction of electronic banking, online transactions and mobile banking in Nigeria has paved way for a new era of development where the use and demand for physical cash is gradually declining. These recent evolution of technology in the Nigerian financial institutions posses interesting questions for economist, financial institutions, business analyst and the government regarding the current economical status, logistics, and availability ...

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THE IMPACT OF INFLATION ON COST OF LIVING IN NIGERIA (1982-2012)

INTRODUCTION Inflation is an inevitable property of any economy in the world. It influences every country, negatively as well as positively, whether it is developed or developing country as well. Anyanwu (2011) stated that inflation is an important factor leading to social and economic instability and disorder. It is one of the most largely observed and tested economic variables both theoretically and empirically. Its causes, impacts on other economic variables, ...

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IMPACT OF INFLATION ON GOVERNMENT SPENDING IN NIGERIAN ECONOMY (1981-2013)

CHAPTER ONE 1.1   BACKGROUND TO THE STUDY Inflation is an inevitable property of any economy in the world. It influences every country, negatively as well as positively, whether it is developed or developing country as well. Anyanwu (2011) stated that inflation is an important factor leading to social and economic instability and disorder. It is one of the most largely observed and tested economic variables both theoretically and empirically. Its ...

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THE IMPACT OF THE CBN’S CASHLESS POLICY ON THE DEVELOPMENT OF THE BANKING SECTOR OF NIGERIA

ABSTRACT Financial transactions involving the use and movement of physical cash are gradually declining with the introduction of the CBN's Cashless policy. This development has been of great concern to economist, the government of Nigeria and financial institutions. This aim of this study is to evaluate financial and economic transactions under the new CBN's cashless policy and how the development has enhanced the financial sector of the economy of Nigeria. ...

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AN ASSESSMENT OF THE ROLE OF FINANCIAL MARKET IN THE ECONOMY

CHAPTER ONE INTRODUCTION 1.1      BACKGROUND OF THE STUDY  The Financial market is divided into two main divisions, namely (i) the Money Market, and (ii) the Capital Market. The Money Market is quite different from the Capital Market in the sense that, unlike the Capital Market, one cannot raise long-term capital from the Money Market. The existence of money markets facilitate trading in short- term debt instruments to meet short-term needs ...

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THE ANALYSIS OF EXCHANGE RATE FLUACTUATIONS ON NIGERIA’S BALANCE OF PAYMENT (1983-2013)

ABSTRACT Exchange rate volatility is a widely discussed topic amongst others in economics and finance as it is relevant in virtually every sector in the economy.       This research sets out to investigate the relationship between exchange rate volatility and Nigeria’s balance of payment .The review of theoretical and empirical literature, provided a basis for the selection and specification of model which was used to show how exchange rate volatility ...

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AGRICULTURAL FUNDING AS SOLUTIONS TO NIGERIA ECONOMY DIVERSIFICATION

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Nigeria is largest oil exporting country in Africa and has a rapidly growing economy. The country follows a resource based growth strategy driven by the production and exporting of oil. With the volatility of global oil prices and often volatile growth of Nigeria’s economy, the country has wasted much of its opportunities to break away from underdevelopment despite its massive natural and ...

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IMPACT OF EXCHANGE RATE FLUCTUATIONS IN VALUE ADDED TAX ON ECONOMIC GROWTH OF NIGERIA

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Exchange rate is the price of one country’s currency expressed in terms of some other currency. It determines the relative prices of domestic and foreign goods, as well as the strength of external sector participation in the international trade. Exchange rate regime and interest rate remain important issues of discourse in the International finance as well as in developing nations, with ...

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IMPACT OF FDI ON THE CONSTRUCTION SECTOR OF THE NIGERIAN ECONOMY

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY The construction sector occupies a focal position in the economy of any nation because it is an important contributor to the process of development (Aje, 2008). In the conduct of economic activities, the construction sector is always used by government as the stimulus for the buoyancy of the economy (Akindoyemi, 2011). The construction industry is therefore a critical factor or variable of progress ...

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CONTRIBUTION OF BANKING SECTOR TO AGRICULTURAL PRODUCTIVITY IN NIGERIA (1981-2013)

CHAPTER ONE INTRODUCTION 1.1 INTRODUCTION Nigeria, which spans an area of 924,000 square kilometers, is bordered by the Gulf of Guinea, Cameroon, Benin, Niger, and Chad. The topography ranges from mangrove swampland along the coast to tropical rain forest and savannah to the north. Nigeria is generously endowed with abundant natural resources. With its reserves of human and natural resources, Nigeria has the potential to build a prosperous economy and ...

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