Impact of Financial Deepening on Economic  Growth in Nigeria

Osasere, Omuemu Stanley; Bashiru, Umoru; Ehis, Ogbeifun Favour

doi:10.24940/theijbm/2020/v8/i4/bm2004-056

Cited by 15 publications

(16 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…During that period of financial exclusion, few banks had shown interest in the rural areas of the country. According to Onaolapo (2015), some banks recorded reduction in financial performance during that period hence they were discouraged from establishing such branches. However, with the growth in financial inclusion, banks have to open up branches in different parts of the country.…”

Section: Dimensions Of Financial Inclusionmentioning

confidence: 99%

Financial Inclusion and Financial Performance of Deposit Money Banks in Nigeria

Appah¹,

S.F.²

2023

African Journal of Accounting and Financial Research

View full text Add to dashboard Cite

This study investigated the relationship between financial inclusion and financial performance of deposit money banks in Nigeria from 2011 to 2021. The specific objectives were to investigate the relationship between customers loan and return on assets of deposit money banks in Nigeria; determine the relationship between customers deposit and return on assets of deposit money banks in Nigeria; evaluate the relationship between bank branches spread and return on assets of deposit money banks in Nigeria; ascertain the relationship between online banking and return on assets of deposit money banks in Nigeria; and investigate the relationship between agent banking and return on assets of deposit money banks in Nigeria. The study employed ex post facto and correlation research design with secondary data obtained from the Central Bank of Nigeria and financial institutions of deposit money banks. The population of the study consisted of all listed deposit money banks and a sample size of ten (10) was employed for data analyzing using univariate, bivariate and multivariate analysis. The results indicated a positive and significant relationship between loans to customers, deposits by customers, bank branches, mobile banking and agency banking on return on assets of deposit money banks. The study concluded that financial inclusion positively influences the level of financial performance of deposit money banks. On the basis of the conclusion, the paper recommended amongst others that financial inclusion innovation methods should be stressed in the financial sector through Central Bank of Nigeria (CBN) regulatory and advisories since it leads to improved financial performance and efficiency. In addition, the study also recommends that deposit money banks in Nigeria should invest more on agency, internet banking and ATM services to include the excluded people in financial services and products throughout the country since they provide significant influence on the financial performance of deposit money banks.

show abstract

Section: Dimensions Of Financial Inclusionmentioning

confidence: 99%

Financial Inclusion and Financial Performance of Deposit Money Banks in Nigeria

Appah¹,

S.F.²

2023

African Journal of Accounting and Financial Research

View full text Add to dashboard Cite

show abstract

“…Bhatia and Singh (2015) postulated that inclusive growth is considered as the long-term phenomenon that can help to promote the living standard of the deprived sections of the society in the perspective of India. Onaolapo (2015) examined the relationship between financial inclusion and economic growth in Nigeria using the data from 1982 to 2012. The overall results suggest that the bank based inclusive financing modes have greater influence on poverty reduction.…”

Section: Literature Reviewmentioning

confidence: 99%

Impacts of E-mutation: A Study on Service Recipients’ Perception

Hasan¹,

Gourab²

2023

BIGMJPA

View full text Add to dashboard Cite

Land management has gained the utmost importance in the development arena worldwide in recent years. Land-related targets and indicators were incorporated in 5 goals, 8 targets, and 12 indicators of SDG. Different studies have identified the conventional land management system as a reason for inefficient land management in Bangladesh. The government of Bangladesh has taken some initiatives to digitise the land management system. Since 2018, the Land Administration has launched an E-mutation system to update land records. The objective of this research is to investigate the impacts of E-mutation on the service recipients and their perception about it. The research covers 03 circles in Savar Upazila, Union Land Offices, and their service recipients. The target respondents of the study are mutation applicants, Assistant Commissioner (Land), and Union Land Assistant Officers. Both quantitative and qualitative data are used to validate the results of this research. The study reveals that the impact of E mutation on the service recipients is positive, being pleased with the E-mutation system; as it reduces time, cost, and visit (TCV). In addition, it reduces the nuisance by brokers and ensures better service quality. However, nearly four- fifths of the service recipients are dependent to apply for E-mutation due to a lack of knowledge of land-related documents and poor ICT skills. This paper would aid the policymakers to devise further strategies for efficient land management in Bangladesh.

show abstract

“…There was a positive and significant relationship between deposits of rural branches of commercial banks and ATM transactions on real GDP growth, while loans of rural branches of commercial banks had a negative and insignificant relationship with GDP growth. Onaolapo (2015) investigates the effect of financial inclusion on economic growth in Nigeria. The study used financial deepening indicators (i.e.…”

Section: Studies Showing a Positive Relationship Between Financial In...mentioning

confidence: 99%

Impact of financial inclusion on economic growth: review of existing literature and directions for future research

Ozili¹,

Ademiju²,

Rachid

2022

IJSE

View full text Add to dashboard Cite

PurposeThe impact of financial inclusion on economic growth is a topic that is generating widespread interest among researchers and practitioners. In this paper, the authors review the existing literature to highlight the state of research in the literature and identify new opportunities for innovative research.Design/methodology/approachThe authors used a thematic literature review methodology which involves dividing the review along relevant themes.FindingsThe authors find that significant research on the topic emerged in the post-2016 years. Most of the existing studies are from developing countries and from the Asian and African regions. Existing studies have not utilized relevant theories in explaining the impact of financial inclusion on economic growth. Most studies report a positive impact of financial inclusion on economic growth while very few studies show a negative impact. The most common channel through which financial inclusion affects economic growth is through greater access to financial products and services offered by financial institutions that increases financial intermediation and translates to positive economic growth. The common empirical methodology used in the literature are causality tests, cointegration and regression methods. Multiple proxies of financial inclusion and economic growth were used in the literature which partly explains the conflicting result among existing studies. The review paper concludes by identifying some directions for future research.Originality/valueThis paper presents the first rigorous thematic review of the existing literature on the impact of financial inclusion on economic growth. It highlights the main approach that researchers have taken on this topic and identifies some important research areas for future investigation.Peer reviewThe peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-05-2022-0339.

show abstract

Impact of Financial Deepening on Economic Growth in Nigeria

Cited by 15 publications

References 0 publications

Financial Inclusion and Financial Performance of Deposit Money Banks in Nigeria

Financial Inclusion and Financial Performance of Deposit Money Banks in Nigeria

Impacts of E-mutation: A Study on Service Recipients’ Perception

Impact of financial inclusion on economic growth: review of existing literature and directions for future research

Contact Info

Product

Resources

About