Download Tag: FINANCIAL SECTOR DEVELOPMENT


FINANCIAL SECTOR DEVELOPMENT IN NIGERIA AND ECONOMIC PERFORMANCE

ABSTRACT The purpose of this study is to examine the effect of the Financial Sector development on the economic performance in Nigeria. The Time series data from 1986-2015 was imputed into the regression equation using some econometric techniques like Augmented Dickey Fuller(ADF) test, Johansen Co-integration test, Ordinary Least Square Regression. The result shows that Financial sector development variables: market capitalization, credit to private sector, Inflation, trade openness affect positively the ...

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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 FINANCIAL SECTOR DEVELOPMENT ON ECONOMIC GROWTH OF NIGERIA (1980 – 2014)

ABSTRACT This empirical study examined the impact of financial sector development on Nigerias economic growth 1981 to 2014. Secondary data on real gross domestic product (RGDP), used as a proxy for economic growth; where financial development was captured by three variables; Ratio of Money Supply to GDP (MGDP), Ratio of Credit to Private Sector to GDP (CPGDP) and Real Interest Rate (INT) which represented the explanatory variables and were  sourced ...

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