THE EFFECT OF TRADE AND FINANCE ON ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA (A CASE OF CENTRAL BANK OF NIGERIA)

Filed in BANKING AND FINANCE by on August 1, 2018

ABSTRACT

Several statistical approaches were implementeto carrout thiresearchin which Central Bank of Nigeria (CBN), Nigeria Institute of Economic Research (NISER)National Bureau of Statistics (NBS) were involvedinformation  were adequately collected and analysed respectively. The purpose of the study is to evaluate the effect of trade and finance evaluates the effort of Nigerian economy on the on economic growth and development in Nigeria and its impacts on development.

 

Thfindings however, showed that trade and finance hadirect impact on theconomic growth and development in Nigeria.

The philosophical and logical framework othis studis based on the” hypothesis that trade and finance plays veritable role in sustainable development– whether in the developed or growing economy. Both thcontrollable and non controllable variables were subjected to strict and critical analysis iline with the research question.

The findings of this work clearly showed that no nation can do without trade and commerce. Another interestinfinding of the work is thafinance enables and facilitateefficient aneffective home and internationatradtherebpromoting sustainable economic development.

It is verinstructivto point out that trade and finance impacts significantlto the wheel– of commerce. In summary therefore it is believed that theffect of trade and finance cannobe overemphasized here due to the findings othis work which corresponds to previous findings of both the various authorand the statistical records othe CentraBank of Nigeria and World Banrespectively, which indicated that Nigeria witfast growing populatiowill benefit greatly from the availabilitof sufficiencapital and internationatrade.

 

  • Format:  Microsoft Word
  • Pages:  84
  • Price:  ₦3000
  • Chapters:  1-5
Get the Complete Project Material
× Chat With Us