The Impact Of Financial Sector Reforms On Bank Growth In Nigeria PDF Download
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| Author | : Angel Okonkwo |
| Publisher | : GRIN Verlag |
| Total Pages | : 68 |
| Release | : 2021-10-18 |
| Genre | : Business & Economics |
| ISBN | : 3346516156 |
Download Effects of Financial Sector Reforms on Economic Growth. The Case of Nigeria Book in PDF, ePub and Kindle
Research Paper (undergraduate) from the year 2019 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 4.60, , course: Banking and Finance, language: English, abstract: The objectives of this study includes to examine the effects of banking sector reforms on bank performance, savings, investments, developments of the Nigerian Banking System and Economic Growth. The banking sector is without no doubt a very essential part of the economy of a nation and any reforms carried out in it extend to other parts of the economy representing a transformational moment for the economy and its people. So it remains a nationwide challenge that the Nigerian banking sector and it’s reforms haven’t been able to significantly support the long-term financial needs of the real sector or facilitate the growth of the Nigerian economy The Augmented Dickey-Fuller (ADF) Test and The Phillip-Perron Test were used to test for stationarity of the variables, while the Johansen co-integration test was employed to indicate the existence of a long-run relationship among Gross Domestic Product—which acted as the Economic Growth proxy, Commercial Bank’s Capital, Commercial Bank’s Credit, and Number of Commercial Bank Branches which acted as the other variables. Secondary data was sourced from Commercial Bank Statistics, Central Bank Of Nigeria Bulletins, Nigeria Bureau Of Statistics, Statistical Bulletins for the period of 1998-2017. Conclusively, there was a positive and significant relationship betweenEconomic Growth and Banking Sector Reforms in the long run, but a negative relationship between Economic Growth and Financial Sector Reforms in the short-run. It was recommended that the government should ensure political and macroeconomic stability as the activities in all other sectors are affected by them, and that people are enlightened on the benefits of banking sector reforms so that they don’t take opposing actions against the goal of reforms.
| Author | : S. Apati |
| Publisher | : Springer |
| Total Pages | : 221 |
| Release | : 2015-12-11 |
| Genre | : Business & Economics |
| ISBN | : 0230305350 |
Download The Nigerian Banking Sector Reforms Book in PDF, ePub and Kindle
This is the first comprehensive book on the politics and economics of financial sector consolidation in an emerging market in West Africa. It draws on the author's twenty years experience working with multinationals in this oil-rich zone, to address key issues and examine banking reform in one of the world's fastest-growing economies.
| Author | : Adewale Adegoke Alawiye-Adams |
| Publisher | : |
| Total Pages | : 26 |
| Release | : 2013 |
| Genre | : |
| ISBN | : |
Download The Impact of Financial Sector Reforms on Bank Growth in Nigeria Book in PDF, ePub and Kindle
The paper empirically examined the impact of financial sector reforms on Bank growth in Nigeria and data spanning a period of thirty four years (i.e. 1971-2005) was analysed using the Panel Data Model. Earnings per Share (EPS), Returns on Capital Employed (ROCE) and Returns on Equity (ROE) were used as proxies for Bank growth (i.e. the dependent variables) while Interest Rate, Real Financial Savings and Exchange Rates were used as the proxies for financial sector reform (i.e. the independent variables).A number of diagnostic tests were also conducted on the residuals to evaluate the models; these include the Breuch-Godfrey Serial Correlation Lagrange Multiplier (LM) Test, the Ramsey REST Test of Specification Error (i.e. to test for omitted variables, incorrect functional form, correlation between exogenous variables and error term) and the Cumulative Sum (CUSUM ) tests of parametric stability, the LM test of Serial Correlation showed that there was an absence of first order serial correlation in the residuals and cumulative sum tests also showed that observations are more stable during Pre-S.A.P (Structural Adjustment Programme) period than the Post-S.A.P era.The result obtained showed that though the impact of financial sector reforms on bank growth in Nigeria for the period of study was significant, especially as measured by the proxies of Earnings per Share and Return on Equity, it was not significant enough to transform the nations' economy to the desired level.Given the foregoing therefore, the study suggests among other things that what is needed is for financial sector reform to achieve its purpose, a stable macroeconomic environment is a prerequisite and it is germane to ensure that government fiscal policies are crafted to complement monetary policies.
| Author | : Martin Brownbridge |
| Publisher | : Africa World Press |
| Total Pages | : 258 |
| Release | : 1998 |
| Genre | : Business & Economics |
| ISBN | : 9780865436930 |
Download Banking in Africa Book in PDF, ePub and Kindle
This book provides a review of the evolution of the post-independence banking system in Africa. There is a strong focus on the problems of restructuring of banking institutions and the management of the bad and non-performing assets of public sector institutions.
| Author | : Charles Osondu Manasseh |
| Publisher | : |
| Total Pages | : 10 |
| Release | : 2014 |
| Genre | : |
| ISBN | : |
Download Economic Growth in Nigeria Book in PDF, ePub and Kindle
The growth of financial system, as the central hub of every economy is paramount for economic development. The reformation of the financial sector is the bedrock for building a formidable, transparent and efficient financial system that could supports the mobilisation of domestic and foreign savings for investment. Conversely, it deepens and broadens financial intermediation, and enforces strict regulations with prudential guide for increase in business activities. Thus, the aim of the study is to investigate the causal relationship between financial sector reforms and economic growth in Nigeria. The study also established the impact of financial sector reforms on economic growth to ascertain if financial sector reforms in Nigeria promote growth. To establish this, financial sector reforms is measured with the ratio of banking sector domestic credit, domestic credit to the private sector and Capital flow proxied with foreign direct investment while economic growth is captured with Per capita GDP. Using generalised linear regression method, with quarterly time series data that spans the periods 1981Q1 to 2010Q4, the following findings on granger causality test were noticed; (a) bidirectional relationship between banking sector domestic credit and per-capita GDP; (b) unidirectional causation running from foreign direct investment to per-capita GDP and; (c) unidirectional causation running from per-capita GDP to domestic credit to the private sector. However, from the findings, banking sector domestic credit and foreign direct investment are the major policy variables that can be adjusted for economic growth. Finally, the estimated regression results show that the explanatory variables accounted for approximately 63.45 percent variation in economic growth. Hence, financial sector reform promotes economic growth in Nigeria.
| Author | : Martin Brownbridge |
| Publisher | : |
| Total Pages | : 44 |
| Release | : 1996 |
| Genre | : Banking law |
| ISBN | : |
Download The Impact of Public Policy on the Banking System in Nigeria Book in PDF, ePub and Kindle
| Author | : T. O. Antwi-Asare |
| Publisher | : |
| Total Pages | : 136 |
| Release | : 2000 |
| Genre | : Banks and banking |
| ISBN | : |
Download Financial Sector Reforms and Bank Performance in Ghana Book in PDF, ePub and Kindle
| Author | : Sylvanus I. Ikhide |
| Publisher | : |
| Total Pages | : 52 |
| Release | : 2001 |
| Genre | : Business cycles |
| ISBN | : |
Download Financial Sector Reforms, Macroeconomic Instability and the Order of Economic Liberalization Book in PDF, ePub and Kindle
| Author | : Uju Akpunonu |
| Publisher | : |
| Total Pages | : 12 |
| Release | : 2019 |
| Genre | : |
| ISBN | : |
Download Effect of Financial Sector Reforms on Economic Growth in Nigeria Book in PDF, ePub and Kindle
The study examines the effect of financial (banking) sector reforms on economic growth in Nigeria from 1986-2013. Specifically, the study evaluates the extent to which bank capitalization (CAP) and interest rate (INTD) have affected economic growth in Nigeria. Secondary data were generated from various issues of Central Bank of Nigeria Statistical Bulletin, and the World Development Indicators of the World Bank. Ordinary Least Square (OLS) regression was adopted to test the two hypotheses formulated for the study. The study revealed that bank capitalization (CAP) has significantly affected economic growth in Nigeria and interest rate (INTD) has also affected economic growth significantly, though at long run. The study recommends that the CBN should build and maintain a well-articulated and properly implemented banking reforms such that will stimulate savings through high real deposit rate and lending rate which will result in financial deepening and thus, economic growth.
| Author | : Kojo Menyah |
| Publisher | : Emerald Group Publishing |
| Total Pages | : 198 |
| Release | : 2012-12-17 |
| Genre | : Business & Economics |
| ISBN | : 1781902259 |
Download Finance and Development in Africa Book in PDF, ePub and Kindle
Intends to raise the level of interest in the specific problems of accounting in emerging economies; and increase awareness of real issues, so that accounting in these countries will not just be seen as a matter of copying what is done in the industrialized countries.
