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.
ABSTRACT
This research work was carried out with the view to investigate the impact of local government in the society u...
ABSTRACT
The study investigates the impact of small and medium scale industries on the Nigerian economy, spanning from 1986 to 2010. The...
ABSTRACT
This study was carried out to examine effect of violent films on Nigerian cultural value...
ABSTRACT
This study was carried out on the effects of some weather elements on the occurrence of Malaria, Typhoid...
ABSTRACT
This research work is on ROLE OF ELECTRONIC BANKING ON THE GROWTH OF NIGERIAN ECONOMY using UBA Plc as a case s...
The political entity called Nigeria has continued since independence under one form &nb...
Abstract
In this study, attempts have been made to investigate the effects of alcohol consumption...
ABSTRACT
Metal fume fever and pneumosiderosis is an occupational Lung disease acquired when welders are exposure to weld...
ABSTRACT
This study examined the total replacement of fishmeal (FM) with poultry hatchery waste meal (PHWM) in practical...
Abstract
Concisely, the emphasis of this research project is on the formulation and implementation of G...