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
AN APPRAISAL OF THE CONCEPT AND PRACTICE OF EXTRADITION UNDER INTERNATIONAL LAW
ABSTRACT
Customary international law and treaties have evolved over the centuries by the willing and active commitments of nations to sub...
FINANCE AS AN INSTRUMENT OF EFFECTIVENESS IN PUBLIC ADMINISTRATION
The term public administration consist of two words ·"public and administration" the word public is an adjective qualifying "...
THE FACTORS AFFECTING DENTAL PRACTICE IN BAUCHI STATE
ABSTRACT
The purpose of the study was to assess,“the factors affecting dental pr...
BRANDING AS A MARKETING TOOL IN SALES PERFORMANCE
Abstract
This study was carried out to ascertain consumer perception towards leading brands of beverage produced by the...
THE IMPACT OF FISCAL AND MONETARY POLICY ON THE NIGERIAN ECONOMY
ABSTRACT
This study investigates the nature of interactions between fiscal and monetary policies in Nig...
THE ROLE OF MANAGERS IN MANAGEMENT OF SMALL SCALE BUSINESS ORGANIZATIONS
-
- STATEMENT OF THE PROBLEM
Most SMEs in Nigeria die within their first five...
Recklessness of commercial drivers
Background to the Study
Driving a car, bus, lorry or an articulated-vehicle is a psychomotor activity that requires a co...
ECONOMICS TEACHER’S EFFECTIVENESS AND ACADEMIC PERFORMANCE OF SENIOR SECONDARY SCHOOL STUDENTS
Background to the Study
The issues of poor academic performance of student in Nigeria have been of much...
EFFECT OF EXCHANGE RATE MANAGEMENT POLICIES ON DEVELOPING ECONOMIES
ABSTRACT
The foreign exchange management policy of an economy serves as one of the major factor that co...
ADVANCES IN SEARCH ENGINE TECHNOLOGY AND THEIR IMPACTS ON LIBRARIES
ABSTRACT
Libraries see themselves as central information providers for their clientele, at universities or research inst...
