Financial Inclusion and Economic Growth in Nigeria

dc.creatorGrace U. Nwansi
dc.creatorSamuel Dibiah
dc.date2023-07-14
dc.date.accessioned2023-08-21T08:01:29Z
dc.date.available2023-08-21T08:01:29Z
dc.descriptionThis study examined the relationship between financial inclusion and economic growth in Nigeria. The study employed the Ordinary Least Square multiple regression to analyze the data obtained from secondary sources for the period 1991-2021. The findings revealed that combined effect of ratio of broad money to GDP, credit to private sector to GDP, aggregate loan-to-deposit ratio and liquidity ratio of commercial banks influenced economic growth in Nigeria. Based on the findings from the study, the researcher therefore conclude that the provision of banking services to the unbanked and active poor will contribute positively to the growth of Nigeria economy and recommends that banks should be encouraged to grant loans to private businesses and small scale enterprises so as to further promote economic growth.en-US
dc.formatapplication/pdf
dc.identifierhttps://journals.researchparks.org/index.php/IJEFSD/article/view/4612
dc.identifier.urihttp://dspace.umsida.ac.id/handle/123456789/16413
dc.languageeng
dc.publisherResearch Parks Publishing LLCen-US
dc.relationhttps://journals.researchparks.org/index.php/IJEFSD/article/view/4612/4312
dc.sourceInternational Journal on Economics, Finance and Sustainable Development; Vol. 5 No. 7 (2023): International Journal on Economics, Finance and Sustainable Development (IJEFSD); 71-84en-US
dc.source2620-6269
dc.source2615-4021
dc.source10.31149/ijefsd.v5i7
dc.subjectFinancial Inclusionen-US
dc.subjectBroad Moneyen-US
dc.subjectCredit to Private Sectoren-US
dc.subjectAggregate Loanen-US
dc.subjectLiquidity Ratioen-US
dc.titleFinancial Inclusion and Economic Growth in Nigeriaen-US
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typePeer-reviewed Articleen-US
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