Download Tag: SAVINGS

CHAPTER ONE INTRODUCTION 1.1 Background to the Study Many people find it difficult to save because it actually involves decreasing current consumption and investment in future standard of living. It is the belief of the citizens that savings is the remaining after their current wants and needs have been attained. Savings is the portion of current income not spent on consumption and when it is applied to capital investment, savings ...

ABSTRACT The term savings refers to the part of income immediately spent or consumed but reserved for future consumption, investment or unforeseen contingencies. This study examines the determinants of savings in Nigeria between 1985-2011, which will enable us to proffer solution for the improvement of savings in the economy, since it is an important component of the economic development of any country. The method of analysis used in testing the ...

ABSTRACT This study examined the impact of interest rate on savings in Nigeria within the sampled period of 1981-2013. The data for this research work was obtained from the CBN Statistical Bulletin (1981 – 2013) and analyzed using ordinary least square (OLS) analysis. Domestic Savings (SAV), was regressed against Interest Rate (INT), Money supply (MS) and Income (Y).  The result revealed that there is a positive relationship between interest rate ...

ABSTRACT This study investigates the core leading factors that reduce savings in Nigeria between 1980 -2010 using ordinary Least Square (OLS) econometric framework, which will enable us proffer solutions for the improvement of savings in the economy, which is also an important component for economic development in any country. Base on data collected, it is discovered that savings output in Nigeria during the period was unsatisfactory but was later discovered ...