Abstract
The study examined the impact of domestic debt on economic development of Nigeria with a view to determining amongst other the relative importance and impact of domestic debt on economic growth (GDP) of Nigeria. The study adopted qualitative research focuses on secondary data from CBN. Data relating to domestic debt stock, Gross Domestic product, Interest on domestic debt and capital expenditure of Nigeria from 1990 – 2010 were obtained from the debt management and central bank of Nigeria. The data obtained was subjected to linear regression model analysed with the aid of E-view statistical package for accuracy. The result reveals strong liner correlation between domestic debt and economic growth. In lights of this finding the study recommended for proper management of domestic debt and appropriate debt serving technique for effective growth of the economy.
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Role of financial institution is not just for more development, but also grow the economy of Nigeria. This is b...
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Domestic violence is one of Nigeria’s most significant public health problems. It r...
Background of the study
The notion of electronic banking was born as a result of technological improvem...
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This study was intended to evaluate the impact of pricing on profitability level of an organization. This study...
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Save a Soul project objective is to handle donations and connect the donators with the receivers through a mobi...
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In spite of the varying levels of contamination widely reported, sachet water is still well accepted. This...
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The study examined the effects of drainage networks on floods in Calabar metropolis, Nigeria. The rapid inc...
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Teaching profession is one of many professions that specifically deals with the growth and dev...
This study aimed to investigate the effect of laboratories in secondary schools on students&...
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Unwanted pregnancy followed by unsafe abortion can be avoided by using different contraceptive methods. Inf...