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FINANCIAL DEEPENING AND ECONOMIC GROWTH IN NIGERIA

CHAPTER ONE 1.1     INTRODUCTION Financial deepening is defined as the process of development and expansion of financial institutions such as, banks, stock markets, and insurance companies etc relative to the size of a country's economy. It also refers to the increase in the provision of financial products and services with a wider choice to all level of the society. A robust financial system plays a crucial role in the economic development of a country. It facilitates the ...

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