INFLUENCE OF BOND MARKET ON THE NIGERIAN ECONOMY
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
This study evaluated the influence of Nigerian bond market on the Nigerian economy, using data covering the period of 30 years ranging from 1990-2019. An autoregressive distributed lag model and the ECM approach were devised so as to identify both the long and short term influence of bonds market activities on economic performance. For a more accurate analysis, Econometric Views (E-Views) version 9.0 was used to run the regression analysis. Prequel to the regression result, the model has two pre-estimation tests such as unit root test for stationarity; ARDL Bond test for long run relationship. Meanwhile we also conducted various diagnostic tests such as Serial Correlation Test: LM Test, Normality test and Heteroskedasticity Test: Breusch-Pagan-Godfrey. Both the pre-estimation test and the diagnostic tests proves that the model is well fitted for prediction the study evidenced that though bond market activities via federal bond issuance do not essentially have direct influence on economic growth in particular, the indirect impact cannot be denied. Meanwhile, bond interest rate has direct significant influence on the Nigerian economy both on the short and long run. Hence, we concluded that with efficient policy in place, bond market has the inert ability to transform a demeaning economy to a meaningful and worthwhile economy. Premised on this, the study recommended amongst others that more data about the Nigerian bond market activities on the overall should be shared abroad so as to encourage more private sector participation and at the same time reduce issues arising from such transactions.
Related Project Materials
BIOCALCIFICATION OF CONCRETE USING CARBONIC ANYHDRASE PRODUCED BY SOIL BACTERIAL ISOLATES
ABSTRACT
Two (2) bacterial isolates obtained from Garima construction sites were named GARIMA (A) and (B), and code-named GA (A) and GA (...
UTILIZATION OF INSTRUCTIONAL MATERIALS FOR EFFECTIVE TEACHING AND LEARNING OF BUSINESS EDUCATION IN JUNIOR SECONDARY SCHOOLS
ABSTRACT
In this work we analysed the use of instructional materials for effective teaching and learnin...
EVALUATION OF THE LEVEL OF NEWSPAPER READERSHIP AMONG CAREER WOMEN IN ABUJA
Background of the study
It is common knowledge that the most effective way to promote awareness is thro...
THE IMPACT OF INTERNET BANKING ON PROFITABILITY OF COMMERCIAL BANKS IN NIGERIA (A CASE STUDY OF FIDELITY BANK PLC)
STATEMENT OF THE PROBLEM
The vast majority of the recent literature on electronic money and banking suffers from a...
CONSERVATIVE PRACTICES OF INFORMATION RESOURCES BY LIBRARIES FOR ENHANCED COLLECTION USEFULNESS IN UNIVERSITY LIBRARIES IN BAUCHI STATE
ABSTRACT
This study was carried out on Conservative practices of information resources by libraries for...
LEGAL APPRAISAL OF TAXATION OF SMALL AND MEDIUM BUSINESS ENTERPRISES IN NIGERIA
ABSTRACT
The tax regime of small and medium business enterprises was a snow ball of international agitation specially international monet...
DEVELOPMENT OF A MODIFIED REAL-TIME FAULT-TOLERANT TASK ALLOCATION SCHEME FOR WIRELESS SENSOR NETWORKS
ABSTRACT
This research aimed at the development of a modified real-time fault-tolerant task allocation scheme (mRFTAS) for wireless senso...
ADDRESSING BARRIERS TO APPRENTICESHIP PARTICIPATION IN VOCATIONAL PROGRAMS
ABSTRACT: This study investigates the barriers to apprenticeship participation in vocationa...
ATTITUDE OF OKADA RIDERS TOWARDS THE USE OF HEAD CRASH HELMET AND SAFETY
ABSTRACT
The study was on Attitude of Okada riders towards the use of crash helmet and safety. The stud...
ANALYSIS ON THE STATUS OF PROCESSING AND PRESERVATION OF CEREAL IN NIGERIA
BACKGROUND OF STUDY
Cereal grains are by far the most significant plants for humans to eat out of all the other k...
