IMPACT OF MONETARY POLICY INSTRUMENTS ON THE ECONOMIC GROWTH OF NIGERIA, 1982-2011 ABSTRACT Since the expositions of the key role of monetary policy in influencing macroeconomic objectives like economic growth, price stability and host of other objectives, monetary authorities are saddled with the responsibility of fashioning appropriate monetary policy instruments that can be effectively … Read more
ABSTRACT This study examines the impact of microfinance activities on rural economic growth in Nigeria for the period: 2000-2015; the introduction of microfinance banks is the inability of commercial banks to provide sufficient credit, savings and other financial services to the poor and so have taken up the challenges of the gap created by them; … Read more
ABSTRACT This study primarily aims at finding out the impact of internal control system on the profit performance of commercial banks in Nigeria with an empirical study on Orient Bank of Nig. Plc and United Bank of Africa Plc. Internal control systems impact on commercial banks might be as a result of non-adherence to the … Read more
ABSTRACT Insurance is one of the cornerstones of modern day financial services sector. In addition to its traditional role of managing risk, insurance market activity, both as intermediary and as provider of risk transfer and indemnification, may promote growth by allowing different risks to be managed more efficiently through promoting long term savings, encouraging the … Read more
Abstract Using annual time series data from 1980 to 2014, this study investigated the impact of government expenditure disaggregated into capital (CEXP) and recurrent (REXP) on GDP Per Capita (GDPPC), inflation (INF), unemployment (UNEMP), and Gini index (GINCO, proxy for poverty) respectively to construct principally four econometrics models. The study adopted the ex-post facto research … Read more
IMPACT OF FOREIGN PORTFOLIO INVESTMENT ON STOCK MARKET RETURN IN NIGERIA CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Nigeria in the last few years had clamored for foreign portfolio investment in the country. This is believed to be a facilitator of economic growth and development, which leads to industrialization of the economy in the … Read more
ABSTRACT Foreign exchange volatility affects the performance of macroeconomic indicators positively and negatively. Most import-dependent economies like Nigeria face the problem of foreign exchange rate volatility. Nigeria’s over dependence in the oil and gas sector of the economy has affected the major macro economic variables, and adverse foreign exchange rate regimes have affected the … Read more
IMPACT OF FINANCIAL INTERMEDIATION ON ECONOMIC GROWTH IN NIGERIA 1994 – 2013 ABSTRACT One of the activities of financial institutions (banks) involves intermediating between the surplus and deficit units of the economy. Banks as financial intermediaries emerge to lower the cost of reaching potential investments, exerting corporate controls, managing risks, mobilizing savings and conducting exchanges. … Read more
ABSTRACT The issue of linkage between external sector financing and economic growth has attracted wide debate within the context of domestic and international economies. Earlier studies have found that the inability of the developing countries to direct resources to productive use has been a disincentive to domestic capital formation resulting in repudiation to loan repayment, … Read more
ABSTRACT This study sought to investigate the impact of credit risk management on the performance of deposit money banks in Nigeria using five banks that have highest asset base. We adopted ex-post facto and analytical design. Time series data for the period (2000 to 2019) were collated from the annual reports and financial statement of … Read more