Financial Deepening And Economic Growth In Nigeria

ABSTRACT    The study empirically examines the impact of financial deepening on the Nigerian economy for a period of twenty three years (1990 to 2012). In Nigeria, the role of financial deepening in the development of any economy has been widely investigated.  Using the ordinary least squared technique (OLS) on Five macroeconomic variables, Real Gross Domestic Product, Financial Deepening, External Debt, Inflation Rate and Real Exchange Rate; the results from the empirical analysis indicate that generally, financial deepening has significant positive relationship with econo…