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The Role of Banks in the Nigerian Economy

The Role of Banks in the Nigerian Economy

Project / Seminar Material
Reference ID: PS-8013-TM

DEDICATION

This research material titled “The Role of Banks in the Nigerian Economy” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Economics, Book Authors and Profound Scholars of existing or related project material on “The Role of Banks in the Nigerian Economy” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

ABSTRACT

The main aim of this research is to examine the role of banks in the Nigeria economy. Four objectives were raised to ascertain the role of bank in the Nigeria economy. The first examine the contribution of bank deposits, the second examine the contribution of bank loans while the third and the last examine the roles of bank revenue and inclusion rate respectively. This study adopted survey, ex post facto and descriptive research design. Also, multiple regression analysis was used to test the hypothesis in this study.

The results revealed a significant relationship between total bank loan and revenue between 1995 and 2012 while there is no significant relationship between bank deposits and inclusion rate within the period under review. This study relies purely on secondary data, and using multiple regression models, the study find out that banks accounts for about 95.1% variation in economic growth in Nigeria for the period under study. The study concludes that there is a statistically significant role of bank in the Nigeria economy.

This, suggest that the performance of the Nigerian economy is greatly influence by bank services. The study recommends that the federal government of Nigeria through the central bank of Nigeria (CBN) should strengthened the banking sector to encourage deposits to ensure an improve credit flow to the activity sectors because of its strategic importance in creating and generating growth of the economy.


The Role of Banks in the Nigerian Economy

CHAPTER ONE

1.1 Introduction

… As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.

CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

Summary Headlines for The Role of Banks in the Nigerian Economy



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