EFFECTS OF INTEREST RATES ON SAVINGS AND INVESTMENT IN THE NIGERIAN ECONOMY
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO STUDY In Nigeria, interest rate policy is among the emerging issue in current economic policy as regards the role it is expected to play in the deregulated economy in inducing savings which can be channeled to investment and thereby increasing employment, output and efficient financial resources utilization. The administration of low-interest rate which was intended to encourage investment was witnessed in the 1950s ...
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