Impact Of Deposit Money Bank Credits On Economic Growth Of Nigeria

59 pages ID: ECO0957

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DepartmentEconomics
TypeProject
Pages59
Reference StyleYES
FormatMS Word & PDF
Reference No.ECO0957

Abstract

ABSTRACT This work is based on the impact of deposit money bank credits on Nigeria economic growth. The main objective of this study is; to ascertain the impact of deposit money bank credits on economic growth of Nigeria (1981-2016). A model was constructed to incorporate real gross domestic product (RGDP) as the dependent variable proxy of economic growth, commercial bank credit (CBC) and interest rate (INTR) as the independent variables and tested using the ordinary least-square (OLS) techniques. The empirical result shows that commercial bank credit and interest rate have negative relation…

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Pages59
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