Performance of nigeria economy

Adequate supply of energy is important for sustainable growth in an economy. The rate of the growth of the Nigeria’s electricity development is very slow and not effective compare to other emerging economies; this on the other hands has discouraged production, most especially in the manufacturing sector. In light of this, the study investigates the long-run impact of electricity consumption on manufacturing sector performance proxy by output, employment and capital using Canonical Cointegrating Regression for the period of 1981-2019.

7p mynguyenha 21-07-2021 20 2   Download

This study builds on existing body of knowledge on the subject by estimating the contributions of the financial and energy sectors to the Nigerian economy between 1981 and 2018. Using the estimation method of dynamic ordinary least squares (DOLS), the study reveals electricity consumption, inflation and financial development as positive predictors of growth while oil price and gross fixed capital are negative predictors.

10p caygaocaolon11 18-04-2021 11 2   Download

The inconclusiveness of findings from various studies on Nigeria on the effect of crude oil price fluctuation on the stock market has led to an argument in literature, thus necessitating further exploration of the subject. This study examines the effect of variations in the price of crude oil on selected stock market performance variables in Nigeria using monthly frequency data covering January 1997-December 2016. Variance decomposition, impulse response analysis, and VAR estimations were employed for the study.

10p caygaocaolon11 18-04-2021 21 2   Download

This study examines the relationship between electronic cashless policy and performance of Nigeria economy. This study made use of secondary quarterly annual time series data which was gathered from the Central Bank of Nigeria statistical bulletin and Nigerian Inter-Bank Settlement System (NIBSS) from (2009Q4-2018Q4).

10p tociitocii 24-04-2020 14 1   Download

In any economy, the banking industry is a highly regulated industry owing to the fact that the industry is considered as the engine of economic growth and development. The objective of this research is to analyze financial performances of pre and post consolidation program in order to determine whether there is significant difference between the two periods. The study employed the use of secondary data gathered from the audited financial reports of selected banks.

20p covid19 19-04-2020 14 2   Download

The use of external financing is a balancing act between higher returns for shareholders versus higher risk to shareholders. Though external financing can boost stock performance of firms, it is still inconclusive as to its impact on performance of firms in developing economies like Nigeria. It is, therefore, against this background that this study sought to investigate the impact of external financing on dividend per share of manufacturing firms in Nigeria and the result of this study reveals that external financing has negative and non-significant impact on dividend per share.

15p trinhthamhodang2 21-01-2020 28 4   Download

Banks serves as an indispensable part of the financial system, performing a crucial role in intermediation which results in a flow of financial resources in an economy. However, the recurring nature of fraud has hindered the effective performance of Deposit Money Banks (DMBs). The broad objective of this study was to examine the impact of fraud on DMBs in Nigeria.

12p viankara2711 04-12-2019 16 0   Download