ABSTRACT
This research
work studies the Nigerian money market and economic growth in Nigerian.
Emphasizing on the contributions the Nigerian money market has made in the
economic growth of the country and indentifying the challenges confronting the
money market in Nigeria. This research work having proven that the money market
is primary concerned with the raising of new funds which exist as a means of
liquidity adjustment in the economy which have been achieved in the growth of
the economy. The method used in collecting data for the research is secondary
and the data were gotten from central bank of Nigeria annual statistical report
and multiple regression was used in testing the hypothesis. From the finding,
it was known that the Nigerian money market has contributed significantly to
the economic growth of the Nigerian economy. With the present globalization, there
is urgent need for the introduce of a more improved payment system to
facilitate faster and easier financial transaction as they would moves faster
to a cashers global economy. With regard to this, there is need for the money
market to faster the development of appropriate technology to deal, with the
issue of payments mechanism so as to move the Nigerian economy form a cash and
carry economy to one that utilizes cash.
AGIDI, O (2023). The Nigerian Money Market And Economic Growth In Nigerian:- Agidi Emmanuel O.. Repository.mouau.edu.ng: Retrieved Dec 09, 2024, from https://repository.mouau.edu.ng/work/view/the-nigerian-money-market-and-economic-growth-in-nigerian-agidi-emmanuel-o-7-2
ONYEBUCHI, AGIDI. "The Nigerian Money Market And Economic Growth In Nigerian:- Agidi Emmanuel O." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 08 Nov. 2023, https://repository.mouau.edu.ng/work/view/the-nigerian-money-market-and-economic-growth-in-nigerian-agidi-emmanuel-o-7-2. Accessed 09 Dec. 2024.
ONYEBUCHI, AGIDI. "The Nigerian Money Market And Economic Growth In Nigerian:- Agidi Emmanuel O.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 08 Nov. 2023. Web. 09 Dec. 2024. < https://repository.mouau.edu.ng/work/view/the-nigerian-money-market-and-economic-growth-in-nigerian-agidi-emmanuel-o-7-2 >.
ONYEBUCHI, AGIDI. "The Nigerian Money Market And Economic Growth In Nigerian:- Agidi Emmanuel O." Repository.mouau.edu.ng (2023). Accessed 09 Dec. 2024. https://repository.mouau.edu.ng/work/view/the-nigerian-money-market-and-economic-growth-in-nigerian-agidi-emmanuel-o-7-2