Study Of Financial Intermediation And Resource Mobilization (implication For Economic Development In Nigeria)

ABSTRACT Financial intermediation is the process by which financial institution accept saving from house hold and lend this saving to business organizations. Since high level of financial intermediation has been associated with high degree of economic development e.g Nigeria has allegedly been said to experience low level of financial intermediation. The objective of this study 1.To establish the extent of financial intermediation in Nigeria and the likely effect on economic development. 2.To reveal the economic development position (as measures by Gross National/Domestic Income) of countries …