THE IMPACT OF MONEY DEPOSIT BANKS ON THE ECONOMIC DEVELOPMENT OF NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study sets out to investigate the impact of deposit money banks on economic development in Nigeria. Using quarterly data on GDP as well as various deposit money banks development indicators, covering the period March 2005 to December 2016, the study employed the Auto-Regression Distributive Lag (ARDL) methodology in determining existence of the short-run and long-run relationships. Furthermore, the study employed the Granger causality test in determining the causal relationship between banking sector development and economic development. From the ARDL results, the study concluded that there is existence of a positive short-run relationship between banking sector development and GDP growth, channeled through net interest income and funding liabilities of banks. The causality test indicated a bi-directional causality between economic development and the banking sector development, entailing that development of the banking sector would enhance GDP growth and vice versa. The study thus concluded that, commercial banks development has an impact on economic development in Nigeria and recommends for reforms in the banking industry to ensure increased lending in order to support the economy.
Related Project Materials
THE IMPACT OF TOTAL QUALITY MANAGEMENT ON ORGANIZATIONAL PROFITABILITY
ABSTRACT
This study came to investigate the impact of Total Quality management (TQM) practices and strategies on organiz...
INVESTIGATING INEC AND CHALLENGES OF MONITORING POLITICAL PARTY CAMPAIGN FINANCING IN NIGERIA (A CASE STUDY OF 2015 GENERAL ELECTION)
BACKGROUND OF THE STUDY
Political parties are critical to the political process in modern cultures. In...
ACHIEVING THE MDG 4: AN ASSESSMENT OF THE QUALITY OF CHILD HEALTH SERVICES IN THE PUBLIC PRIMARY HAELTH CARE FACILITIES IN NIGERIA ( A CASE STUDY OF NNEWI NORTH LGA, ANAMBRA STATE
Background Of Study
In poor and middle-income nations like Nigeria, children and women account for thre...
DESIGN, DEVELOPMENT AND PERFORMANCE EVALUATION OF A MULTIPLE SANDCRETE BLOCKS MOULDING MACHINE
ABSTRACT
This work presents the design, fabrication and performance evaluation of a multiple sandcrete blocks moulding machine (MSBMM) fo...
THE EFFECT OF FORMAL EDUCATION ON NIGERIAN WOMEN’S ATTITUDE TOWARDS FAMILY PLANNING
ABSTRACT
The study attempted to investigate the effect of formal education on Nigerian women’s attitude towards fa...
CULTURE AND DISCRIMINATION AGAINST WOMEN IN BUCHI EMECHETA’S THE JOYS OF MOTHERHOOD AND CHIMAMANDA ADICHIE’S PURPLE HIBISCUS.
ABSTRACT &...
THE INFLUENCE OF PARENTAL SEPARATION ON ACADEMIC ACHIEVEMENT OF SECONDARY SCHOOL STUDENTS
Abstract
This study examined the influence of parental Separation on Academic Achievement of Secondary School Student in Lagos Educationa...
FORENSIC SPECIALISTS' COMPUTERIZED SECURITY AND CONTROL SYSTEM
ABSTRACT
Forensic specialists' computerized security and control system was carried out in the research. Q...
EFFECTS OF SANITATION PRACTICES ON THE HEALTH OF RESIDENTS OF IGBO EFON IN ETI-OSA LOCAL GOVERNMENT, LAGOS STATE
Background to the Study
Poor environmental quality is widely recognized as posing a severe threat...
BLOOD RELATIONSHIP AS A BASIS OF INHERITANCE UNDER ISLAMIC LAW: A CASE STUDY OF THE INNER AND OUTER CIRCLES OF FAMILY
ABSTRACT
The life on earth depends largely on inheritance from generation to generation for its continuous existence. Without inheritance...
