ABSTRACT
We investigate the effect of financial sector development on the economic growth of Nigeria with secondary data covering the period 1981 to 2013. This study is anchored on the need to fill the gap occasioned by the dearth of literature on this subject-matter, especially as it concerns Nigeria. We employ the Dickey Fuller unit root test to confirm the stationarity of the variables involved and ordinary least squares technique to determine the extent to which other variables impact on economic growth. The multiple regression results show that money supply, minimum rediscount rate and exchange rate have positive and insignificant effect on economic growth. On the other hand, banking sector credit, credit to the private sector, market capitalization and foreign direct investment discovered to be having negative and insignificant effect on economic growth. The study recommends that governments should evolve policies in favour of making the financial sector of their economies more efficient.
Keywords: Economic Growth, Nigeria, Banking Sector Credit, Money Supply, Marginal Rediscount Rate, Market Capitalization, Exchange Rate, Foreign Direct Investment.
|
How do I get this complete project on THE EFFECT OF FINANCIAL PERFORMANCE BANKING SECTOR ON ECONOMY GROWTH IN NIGERIA? Simply click on the Download button above and follow the procedure stated. |
|
I have a fresh topic that is not on your website. How do I go about it? |
|
How fast can I get this complete project on THE EFFECT OF FINANCIAL PERFORMANCE BANKING SECTOR ON ECONOMY GROWTH IN NIGERIA? Within 15 minutes if you want this exact project topic without adjustment |
|
Is it a complete research project or just materials? It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data |
|
What if I want to change the case study for THE EFFECT OF FINANCIAL PERFORMANCE BANKING SECTOR ON ECONOMY GROWTH IN NIGERIA, What do i do? Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately |
|
How will I get my complete project? Your Complete Project Material will be sent to your Email Address in Ms Word document format |
|
Can I get my Complete Project through WhatsApp? Yes! We can send your Complete Research Project to your WhatsApp Number |
|
What if my Project Supervisor made some changes to a topic i picked from your website? Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately |
|
Do you assist students with Assignment and Project Proposal? Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately |
|
What if i do not have any project topic idea at all? Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373 |
|
How can i trust this site? We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe! |
