THE ROLE OF COMMERCIAL BANK TO ECONOMIC DEVELOPMENT IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The project set out to examine the role of commercial banks to economic development of Nigeria from 1980 – 2008. The variables used for this study are commercial bank loans and advances, interest rate on the loans, gross fixed capital formation. The main objective of the study is to examine the role of commercial bank to economic development in Nigeria. The methodology involves the use of ordinary least squares (OLS) using E-VIEWS econometric package. These include R2 to test the explanatory power of the estimate, T-test to determine the significance of the individual parameter estimates; F-test to determine the significance of the entire regression plane and second order test to check of the properties of OLS are violated. The result of the regression analysis shows that commercial banks loans and advances, and gross fixed capital formation have a positive relationship with the economic development in Nigeria, while interest rate on the loan show a negative relationship with the dependent variable. Based on the findings, the researcher made the following recommendations among others: (i) The Central Bank should give adequate directives to the commercial banks to give out loans and advances to the economic sectors with little interest rate. (ii) Gross fixed capital formation should be properly managed and periodically reviewed.
Related Project Materials
IMPACT OF SOCIAL RESPONSIBILITY ON ORGANIZATIONAL PERFORMANCE WITH PARTICULAR REFERENCE TO ECOBANK PLC, KADUNA
Background to the Study
An organization may be profit oriented or non-profit oriented. The fact remains...
PHYTOCHEMICAL, ANTIOXIDANT AND ANTISNAKE VENOM STUDIES OF THE METHANOL EXTRACT OF THE ROOT BARK OF PHYLLANTHUS MUELLERIANUS (KUNTZE) EXCELL
ABSTRACT
Phyllanthus muellerianus is distributed in secondary forests from Guinea-Bissau, Mali, West Cameroons and other parts of tropica...
AN INTERVENTIONAL STUDY ON ADHERENCE AND BLOOD PRESSURE CONTROL IN A TERTIARY HEALTH FACILITY IN NORTH-WEST NIGERIA
ABSTRACT
The prevalence of hypertension in Sub-Saharan Africa has experienced a tremendous increase due to low awareness, treatment and c...
Iterative Root Cause Analysis Using Data Mining in Software Testing Processes
Abstract
In order to remain competitive, companies need to be constantly vigilant and aware of the current trends in the industry in whic...
THE IMPACT OF ICT ON THE NIGERIAN ECONOMIC GROWTH AND DEVELOPMENT
STATEMENT OF THE PROBLEM
In Nigeria, provision of public infrastructure is grossly inadequate and poor. Necessary teleco...
PERCEIVED RISK FACTORS ASSOCIATED WITH PEPTIC ULCER DISEASE AMONG PATIENTS ATTENDING AFRICA REDEMPTION CLINIC, IGARRA, EDO STATE
BACKGROUND OF THE STUDY
Peptic ulcer disease (PUD) is a gastrointestinal disorder that occurs as a result of develo...
AN ASSESSMENT OF FARMERS’-HERDERS’ VIOLENT CONFLICT IN BENUE STATE, NIGERIA (2009- 2018)
ABSTRACT
In Nigeria, particularly Benue State, farmer-herder conflicts have become widespread and increasingly assume a violent dimension...
DESIGN AND IMPLEMENTATION OF A COMPUTERIZED LOAN MANAGEMENT SYSTEM FOR REJECTING OR APPROVING LOAN REQUEST USING CREDIT RISK AND EVALUATION MODELS.
ABSTRACT
Over the past few years, the financial sector have dedicated numerous resources to developing internal models to better quantify...
A RELIGIOUS RESPONSE TO INTERNALLY DISPLACED PERSONS IN BORNO STATE OF NIGERIA
Abstract
Several discourses, theses, dissertations and other research works on the social, political, economic, psychological as well as...
THE IMPACT OF ARTIFICIAL INTELLIGENCE ON VOCATIONAL JOB ROLES AND SKILLS
ABSTRACT: This research explores the impact of artificial intelligence (AI) on vocational j...
