This page presents an excerpt of the available research material, including the Preliminary Pages, Table of Contents, Abstract, Chapters One to Five, and References. It provides a comprehensive overview of the study, enhancing readability and accessibility for students, and researchers seeking complete material on “The Role of Banks in the Nigerian Economy”.
I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on The Role of Banks in the Nigerian Economy provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.
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.
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.…
