TWENTY-FIVE YEARS OF MERCHANT BANKING IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study investigates the twenty five years of merchant banking in Nigeria. It evaluates the operation of merchant bank on economic development in Nigeria. The data used in this study were collected from the period of 1995 to 2020. Augmented Dickey Fuller (ADF) and Philip Perron unit root test, ordinary least square and granger causality test have been used. Unit root test confirms the stationary of all variables at first difference. Regression results indicate that deposits, investments, advances, profitability and interest earnings have significant positive impact on economic development in Nigeria. The Granger-Causality test confirms the bidirectional causal relationship of deposits, advances and profitability with economic growth. On the other side we found unidirectional causal relationship of investments and interest earnings with economic growth runs from investments and interest earnings to economic growth. It is recommended that the policy makers should make policies to enhance the banking sector in Nigeria because banking sector is significantly contributing to the economic development in Nigeria.
Related Project Materials
EFFECT OF DATE SEED POWDER FILLER ON PROPERTIES OF HIGH-DENSITY POLYETHYLENE
ABSTRACT
High-density polyethylene composites of date seed powder were prepared at filler loadings of 0 to 40wt%. The particle sizes of t...
LOCATIONAL FACTORS INFLUENCING THE MARKETING OF FINANCIAL SERVICE
ABSTRACT
Backs are established to make profit. Are these profit made at me expense of the customers? Or is it as a resul...
IMPACT OF LIQUIDITY MANAGEMENT ON THE FINANCIAL PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA
ABSTRACT
The study examined the impact of liquidity management on the financial performance of commerci...
THE INFLUENCES OF OCCUPATIONAL SAFETY MANAGEMENT ON EMPLOYEE’S JOB COMMITMENT
ABSTRACT
Organization safety management is a function that hinges on the human resource department of every organization...
DESIGN, CONSTRUCTION AND PERFORMANCE EVALUATION OF A FIXED BED PYROLYSIS SYSTEM
ABSTRACT
A fixed bed pyrolysis system has been designed and constructed for obtaining liquid fuel from palm kernel shell. The major compo...
PREVALENCE, CLINICAL EPIDEMIOLOGY AND ASSESSMENT OF THE KNOWLEDGE, PERCEPTION AND PRACTICES OF LYMPHATIC FILARIASIS AMONGST SELECTED COMMUNITIES IN KOTANGORA, NIGER STATE
ABSTRACT
Lymphatic filariasis caused by mosquito borne filarial nematode, Wuchereria brancrofti, is a debilitating Neglected Tropical Dis...
A CRITIQUE OF DIPLOMATIC IMMUNITY IN INTERNATIOANAL LAW
ABSTRACT
Just as it is common for conflicts to arise in every human relationship, the relationship between an employer and an employee is...
THE ROLE OF NIGERIAN COURTS AND TRIBUNALS IN THE ADMINISTRATION OF JUSTICE
ABSTRACT
The judicial powers of the Federation and of States are vested in Courts established by section 6 of the Constitution of the Fed...
THE IMPACT OF E-LEARNING ON THE ACADEMIC PERFORMANCE OF UNDERGRADUATES
ABSTRACT
This study was designed to examine the impact of e-learning on academic performance In Univers...
IMPACT OF PETROLEUM SECTOR REVENUE AND ECONOMIC GROWTH
ABSTRACT
The basic reasons for taxation in any economy cater on the need to raise revenue for economic and social devel...
