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Promoting the growth and development of the Nigeria economy can be influenced by trends of gross fixed domestic investment or indirectly through policies aimed at stimulating the flow of foreign direct investment into the country. This study analyzed the impact of foreign direct investment on Nigeria economic growth from the period of 1990 - 2013. Data used in this study is secondary; sourced from various publications of the Central Bank of Nigeria, such as; Statistical Bulletin, Annual Reports and Statement of Accounts. The regression analysis of the error correction model is the estimation technique employed in this study to determine the relationship between Direct Foreign Investment on economic growth. The findings showed that the ECM is significant and correctly signed. Foreign direct investment has significant relationship with economic growth. The paper recommended that government should create macroeconomic policies that would attract and retain FDI in the country.  Also, financial markets and institutions should be strengthened and effectively regulated.


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This study examined the impact of capital market operations on the Nigeria’s economic growth between 1981 and 2014. The prevailing challenges in the World financial markets; especially the capital market, justifies the various forms of reforms going on around the world, Nigeria inclusive. Some capital market variables such as market capitalization, volume of transactions and number of deals served as independent variables while real Gross Domestic Product represented the dependent variable. Secondary data sourced from the Central Bank of Nigeria Statistical bulletin, were utilized in the study. The study adopted the OLS long run estimation and Error Correction Mechanism (ECM) as the method of analysis and it was built on Augmented Dickey-Fuller unit root test and residual based co-integration test. E-views 8
package of the econometrics was used to estimate the data. The results showed that capital market operations positively impacted the growth of the Nigerian economy for the period covered by the study. The study recommends among others that government should periodically
and objectively evaluate activities and reform agenda of the capital market in a manner that will enhance economic growth and development.


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This paper attempts to showcase the evolution and concept of traditional banking system in Esanland.  It  will also examine the advantages, disadvantages and contributions of the traditional and modern banking systems in Esanland to the micro-economic development of Esaanland in particular and the nation in general.  Even though the introduction of technology such as Automated Teller Machines (ATM), debit and credit cards, etc. has contributed in no small measure to the effectiveness and efficiency of the modern banking system, one should not consider the traditional banking system as useless.  The impact and contributions of both systems to national economic development will  be considered


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This study analyzed the state of the Nigerian Agricultural Credit System since 1987 – 2000. It dealt with the problems of financing agricultural projects, the role of agricultural credit institutions such as the Central Bank of Nigeria, the Commercial and Merchant Banks,
specialized lending institutions, the informal agricultural credit agencies such as moneylenders, as well as the impact of sectoral allocation of credit facilities as a monetary policy to the agricultural sector of the economy.
The paper also examined the various policy measures the government introduced to improve on the agricultural sector as well as the various sources of credit that are available to create an effective and efficient agricultural sector


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This paper examines the management of foreign exchange services under the Foreign Currency Domiciliary Account scheme and its contributions to the development and growth of Finance of International Trade in Nigeria and globally, International trade involves the exchange of goods and services between nations and settlement of the financial obligations arising from the activities. The operations of the Foreign Currency Domiciliary Account scheme which is one of the modes of settlement of International obligations will be analyzed showing its strengths, weaknesses and constraints. Recommendations would also be offered on the smooth running of the scheme to the development and growth of International trade.. 


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This study analyses the difl‘erences in profits among Nigerian Banks for the period 2000 to

2004. The profit and loss accounts and the balance sheets of the banks for the period were

gathered. Using the Statistical Cost Accounting (SCA) method, the rates of return on balance

sheet items were estimated for both high and low profit banks. The result of the analysis

revealed that the fitctors that influence high profit banks are dtfl'erent from those that influence

low profit banks. These factors are liquid assets, finance leases, loans and advances. fixed and

other assets, other liabilities and off balance sheet businesses using absolute figures. 0n the

other hand using ratios derived from the absolute figure the factors are liquid assets to total

assets. bills of exchange and investment to total assets. finance leases to total assets. loans and

advances to total assets. fixed and other assets to total assets, other liabilities to total assets am!

capital risk. In order to improve on their profits, low profit banks need to take action to improve

their rating on these factors to earn profits like their high profit counterparts.


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