This study analysed the effect of 2004 banking sector consolidation policy on banking industry profitability in Nigeria. The study covered the period 1993 -2015, which was divided into the pre- consolidation period (1996-2004) and post-consolidation periods (2006-2014), with 2005 as breaking point. Three commercial banks (Access bank, GTbank, and First bank) formed the sample size. Profitability was proxy by PAT (profit after tax); the CAMEL (capital adequacy, asset quality, management e...
ABSTRACT This research work investigates the impact of banks’ credit on the growth of Nigerian economy between 1981 and 2012. The study was needed due to the central role which the deposit money banks’ credits play in the economic, financial and social development and growth of the economy. The study made use of secondary data in its analysis. Four explanatory variables (Credit to Other Sectors, Credit to Service Sector, Credit to Production Sector, and Credit to General Commercial Se...
ABSTRACT This study seeks to assess the relationship between various sources of finances available to the Federal Government of Nigeria and her expenditure pattern. This study was carried out using secondary data collected from the Central Bank of Nigeria’s Statistical Bulletins and her Annual Reports for the period 1980 to 2003. The contributions of the various sources of finance were compared with the total expenditure. From the findings of this study, strong and significant relations...
ABSTRACT This study investigated the Impact of Monetary Policy on the Performance of Banks in Nigeria. The study made extensive use of secondary data as published by the Central Bank of Nigeria. Employing the multiple regression models, the study established a significant relationship between monetary policy instruments as a whole and effective bank performance. Specifically, we found that monetary policy through minimum rediscount rate affects the lending rates of banks. Cash reserve req...
ABSTRACT Prior to 1986, the rate of interest was administratively fixed at low levels with sectoral targets to encourage investment in the preferred sectors of nigeria economy.With economic reform in 1986,interest rates were deregulated-allowing the market a greater role in rationing financial resources. This study investigated the relationship between interest rates and macroeconomic stability in nigeria.It also tried to ascertain whether the market determined interest rates are favoura...
CHAPTER ONE: 1.1 Background of the Study 1.2 The Statement of the Problem 1.3 Objectives of the Study 1.4 Research Questions 1.5 Hypotheses 1.6 Significance of the Study 1.7 Scope/Limitations of the Study 1.8 Plan of the Report CHAPTER TWO: LITERATURE REVIEW2.0 Introduction 2.1.0 Theoretical Framework 2.1.1 Definitions 2.1.2 Dimensions of Globalization 2.1.3 History of Globalization 2.1.4 Nature and Existence of Globali...
ABSTRACT The work investigated the impact of project finance on the growth of SMEs in Nigeria. Primary data was collected using questionnaires. Employing simple percentages, the data set was analyzed while hypotheses were tested with the aid of chi-square distribution (x2) , to reveal among others , that access to credit and level of interest rate significantly impact on SMEs while the ability to provide security for loan and duration of term-loans do not have any significant impact. Thus...
ABSTRACT This study on the Effect of Federal Government Expenditure on Unemployment in Nigeria for the period of 1981 to 2014 was carried out in order to find out how federal government expenditure affects unemployment so that measures can be taken to reduce unemployment that has been growing rapidly and has posed a big problem in the country. The independent variable is made of Federal Government Expenditure on Administration, economic service, social and community service, and trans...
ABSTRACT This research work investigates the impact of interest rates on deposit money banks profitability between 1995 and 2012. The study was necessitated by the pivotal role interest rates play in the development and growth of the economy. The study made use of secondary data in its analysis. Four explanatory variables, Minimum Rediscount Rate, Real Deposit Rate, Prime Lending Rate and Loan Deposit Rate were specified and were used to establish a relationship with the level of Banks pr...
ABSTRACT This research work investigates the impact of liquidity management on the profitability of Commercial Banks in Nigeria. It is necessitated by the pivot role liquidity management plays in enhancing profitability. Five independent variables (net working capital, cash and short term funds, short term loan and advances, bank balances and treasury bills and certificates) of four banks were regressed against profit after tax of those selected banks (Zenith Bank, First Bank Plc, United ...