Credit Flows in Business and Credit Ratios: Sectorial Distribution and Economic Growth in Nigeria
Publication Information

Published by: Admin

Published: 2 years ago

View: 56

Pages: 20

ISBN:

Read Online Book icon Download PDF (EN) PDF icon

Abstract

The study was motivated to examine sectoral commercial bank loans and advances, as well as evaluate the performance of the Nigerian economy from 1990-2017. Time series data were sourced from the Central Bank of Nigeria (CBN) Statistical Bulletin. The study used Gross Domestic Product (GDP) as the function of commercial banks’ loans and advances to agriculture, manufacturing, mining and quarrying, external sector and total banks loans, as well as advances in the economy. Multiple regressions with E-views statistical package were employed in analyzing data methods. Findings of the study indicated that strong and significant relationship between commercial banks’ lending sector and economic performance. Hence, the study recommends that government should embark on sectoral policy reforms to attract commercial banks’ loans and advances for better performance of the Nigerian economy.

Related Publications

publication icon
VOLUME 4 ISSUE 2 2021
Political Regime and Stock Market Performance
time 2 years ago

The extent of stock market performance cannot be d

publication icon
VOLUME 4 ISSUE 2 2021
Exchange Rate and Stock Price Links in Nigeria
time 2 years ago

This study examines the impacts of exchange rate o

publication icon
VOLUME 4 ISSUE 2 2021
Credit Flows in Business and Credit Ratios: Sectorial Distribution and Economic Growth in Nigeria
time 2 years ago

The study was motivated to examine sectoral commer

Get a Loan

MSME Financial Institution