Impact Of Non-Bank Financial Intermediaries In Economic Development In Nigeria:- Isiofia, Blessing
ABSTRACT
The main goal
of the government in Nigeria since independence has been to accelerate the
country’s economic development with increased capital ‘ accumulation and
investment. Banks are so prominent in the Nigerian economy that non-bank
financial institutions (NBFIs) are hardly noticed.- It is against this
background that this study sets out to investigate the impact of NBFI’s in
economic growth in Nigeria ; To assess the 'impact of NBFI’s on the economy the
study used secondary data obtained from CBN statistical bulletin and national
bureau of statistics. Regression analyses were used to analyze data and test
hypothesis. Findings indicate that there is no significant relationship
existing between NBFI’s credit and GDP. In other to improve on this, fill up structural
gaps and utilize their latent potentials, it was recommended that NBFI’s,
should be made more relevant by channeling their mobilized funds. Into
productive activities .
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ISIOFIA, B (2023). Impact Of Non-Bank Financial Intermediaries In Economic Development In Nigeria:- Isiofia, Blessing. Repository.mouau.edu.ng: Retrieved Jul 27, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-non-bank-financial-intermediaries-in-economic-development-in-nigeria-isiofia-blessing-7-2
BLESSING, ISIOFIA. "Impact Of Non-Bank Financial Intermediaries In Economic Development In Nigeria:- Isiofia, Blessing" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 19 Dec. 2023, https://repository.mouau.edu.ng/work/view/impact-of-non-bank-financial-intermediaries-in-economic-development-in-nigeria-isiofia-blessing-7-2. Accessed 27 Jul. 2024.
BLESSING, ISIOFIA. "Impact Of Non-Bank Financial Intermediaries In Economic Development In Nigeria:- Isiofia, Blessing". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 19 Dec. 2023. Web. 27 Jul. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-non-bank-financial-intermediaries-in-economic-development-in-nigeria-isiofia-blessing-7-2 >.
BLESSING, ISIOFIA. "Impact Of Non-Bank Financial Intermediaries In Economic Development In Nigeria:- Isiofia, Blessing" Repository.mouau.edu.ng (2023). Accessed 27 Jul. 2024. https://repository.mouau.edu.ng/work/view/impact-of-non-bank-financial-intermediaries-in-economic-development-in-nigeria-isiofia-blessing-7-2