Financial Inclusion and the Performance of Real Sector in Nigeria - Couverture souple

Ogundajo, Grace; Omonokhua, Charity; Olayinka, Moses

 
9786208223649: Financial Inclusion and the Performance of Real Sector in Nigeria
Couverture souple
ISBN 10 : 6208223644 ISBN 13 : 9786208223649
Editeur : LAP LAMBERT Academic Publishing, 2024

Synopsis

This study examines the relationship between financial inclusion and the performance of Nigeria's real sector, encompassing agriculture, industry, and services, using 33 years of data (1990–2022) from the Central Bank of Nigeria. Financial inclusion, defined as access to essential financial services, is measured through indicators like broad money supply, credit to the private sector, lending rate, and the number of bank branches. Using the Fully Modified Ordinary Least Square (FMOLS) approach, the study finds that broad money supply and credit to the private sector significantly improve productivity across all sectors, while higher lending rates and more bank branches negatively affect performance, especially in agriculture and industry. The research highlights the crucial role of financial inclusion in enhancing the real sector's productivity and recommends policies to lower credit costs and promote financial deepening, particularly for small and medium enterprises, to drive Nigeria's economic growth.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2024
Langue
anglais
ISBN 10 
6208223644
ISBN 13 
9786208223649
Reliure
Broché
Nombre de pages
120
Coordonnées du fabricant
non disponible
Personne responsable
KreGa Onlinehandel GmbH
4950000000000
info@krega-onlinehandel.de

Birkenweg 31
Brakel
33034
Allemagne