This study examined the effect of stock market development on Nigeria's economic growth. The objective of the study was to determine if stock market development significantly impact on the country's economic growth. Secondary data were employed for the study covering 1985 to 2014. Ordinary Least...

This study examined the impact of stock market development and economic growth; and also examined the direction of causality between stock market development and economic growth in Nigeria. This study applied Johansen co-integration model to evaluate the stock market development and economic...

In this study, the effect of sectoral allocation of deposit money banks' credit on the growth of the Nigerian real economy from 2008Q1 to 2017Q4 was evaluated. We were inspired by the unsettled disparity in empirical literature on the effect of sectoral allocation of deposit money banks credit...

This paper ascertains the nexus between external debt burden and economic growth in Nigeria by specifically evaluating the nexus and effect of external debt burden on gross domestic product and index of industrial. To achieve these objectives, we employed the ordinary least square method of...

The influence of financial deepening on the economic growth of any nation cannot be underestimated. To this end, the study evaluated the effect of financial deepening on economic growth in Nigeria over a period of thirty three (33) years: 1986 to 2018. Data were collected from statistical...

The debt profile of the Government of Nigeria has been on the increase from 1986; climaxing during the worst recession Nigeria economy has entered into after the structural adjustment programme (SAP). With the reduction in government revenue occasioned by the fluctuations of price of crude oil in...

The exchange rate policy seems to be the life-wire of the Nigeria economy following the introduction of structural adjustment programme in 1986 which the mark the starting point of the depreciation of the local currency against the US dollar. With this in our minds, this study ascertains the...

This study examined the effect of financial deepening on entrepreneurial growth in Nigeria. Following the approach of the Granger Causality test with Autoregressive Distribute Lag (ARDL) technique of model estimation using data from 1986 to 2018, there is no significant effect of financial...

This study empirically explored the short run and long run relationship between stock market development and economic growth by comparing two leading emerging economies in Africa: Nigeria and South Africa from 1981 to 2015. Growth rate of gross domestic product was used to measure economic...