Deposit money bank lending and the growth of the private sector in nigeria
Table Of Contents
- <p> <b></b></p><p><b><b>Title Page</b></b></p><p><b><b></b></b></p><b><b><p>Title<br>Page – – – – – – – – – i</p><p>Declaration<br> – – – – – – – – – ii</p><p>Certification – – – – – – – – – iii</p><p>Dedication<br>– – – – – – – – – iv</p><p>Acknowledgement<br>– – – – – – – – – v</p><p>Table<br>of Contents – – – – – – – – – <br> vii</p><p>List<br>of Tables – – – – – – – – – x</p><p>Abstract – – – – – – – – – – <br>xi</p><p><b>
Chapter ONE
INTRODUCTION
- </b></p><p><b></b></p><b><p>
- 1.1Background to the Study – – – – – – – 1</p><p>
- 1.2Statement of the Problem – – – – – – – 4</p><p>1.3<br>Objectives of the Study – – – – – – – 8</p><p>1.4<br>Research Questions – – – – – – – 9</p><p>1.5<br>Research Hypotheses – – – – – – – 10</p><p>1.6<br>Scope of the Study – – – – – – – 10</p><p>1.7<br>Limitations of the Study- – – – – – – – 11</p><p>1.6<br>Significance of the Study – – – – – – – 11</p><p>1.9<br>Organization of study – – – – – – – 12</p><p>1.10<br>Definition of terms – – – – – – – 13</p><p><b>CHAPTER<br>TWO: REVIEW OF RELEVANT LITERATURE</b></p><p><b></b></p><b><p>
- 2.1 Conceptual<br>Framework – – – – – – 15</p><p>2.
- 1.1 Conceptual Overview of Deposit Money Banks – – – 15</p><p>2.
- 1.2 Developments<br>in the Banking Sector – – – – 16</p><p>2.
- 1.3 Deposit<br>Money Banks’ Lending – – – – – 21</p><p>
- 2.2 The<br>Private Sector – – – – – – – 22</p><p>2.
- 2.1 Types<br>of Private Sector Businesses – – – – – 23</p><p>2.
- 2.2 Private<br>and Public Sector Differences- – – – – 24</p><p>2.
- 2.3 Positioning<br>the Nigeria’s private sector for economic growth – 25</p><p>2.
- 2.4 Impact<br>of Deposit Money Banks’ Lending on the Growth of</p><p>the Nigerian<br>Private Sector. – – – – – – 28</p><p>
- 2.3 Theoretical<br>Framework – – – – – – 29</p><p>2.
- 3.1 Financial<br>Intermediation Theory – – – – – 29</p><p>2.
- 3.2 Multiple-Lending<br>Theory – – – – – – 31</p><p>2.
- 3.3 Supply<br>Leading Theory – – – – – – 32</p><p>2.
- 3.4 Keynesian<br>Theory of Consumption, Savings, Investment, and</p><p>Interest Rate – – – – – – – – 33</p><p>
- 2.4 Empirical<br>Review – – – – – – – 35</p><p><b>
Chapter THREE
RESEARCH METHODOLOGY
- </b><b>RESEARCH METHODOLOGY</b></p><p><b></b></p><b><p>3.1<br>Introduction- – – – – – – – – 42</p><p>3.2<br>Research Design – – – – – – –<br> – 42</p><p>
- 3.3Types and Sources of Data – – – – – – – 43</p><p>3.4<br>Area of Study – – – – – – – – 43</p><p>
- 3.5Population of the study – – –<br> – – – – 43</p><p>
- 3.6Method of Data Analysis – – – – – – 43</p><p>
- 3.7Model Specification – – – – – – – 44</p><p><b>
Chapter FOUR
DATA PRESENTATION AND ANALYSIS
- DATA<br>PRESENTATION, ANALYSIS AND INTERPRETATION</b></p><p><b></b></p><b><p>4.1<br>Introduction- – – – – – – – – 46</p><p>4.2<br>Presentation of data- – – – – – – `- 47</p><p>4.3<br>Relationship Analysis – – – – – – – 48</p><p>4.3.1<br>Testing of Hypothesis One – – – – – – 49</p><p>4.
- 3.2Testing of Hypothesis Two – – – – – – 54</p><p>4.
- 3.3Discussion of Findings- – – – – – – 59</p><p><b>CHAPTER<br>FIVE</b>:<br><b>SUMMARY, CONCLUSION AND RECOMMENDATION</b></p><p>
- 5.1Summary – – – – – – – – – 61</p><p>5.2<br>Conclusion – – – – – – – – 63</p><p>
- 5.3Recommendations – – – – – – – 64</p><p>References – – – – – – – – – 66</p><p><b> </b></p><p><b></b></p><b><p><b> </b></p><p><b></b></p><b><p><b>LIST<br>OF TABLES</b></p><p><b></b></p><b><p>Table<br>4.1: Variables of study – – – – – – – 47</p><p>Table 4.2: Relationship between bank loans<br>and</p><p>domestic<br>private Investments. – – – – – – 50</p><p>Table 4.3: Regression Result Showing relationship<br>between</p><p>bank loans and manufacturing output growth – – – – 55</p></b></b></b></b></b></b></b></b></b> <br><p></p>
Project Abstract
<p> </p><div><b><b><b><b><b><b><b><b><b><b><b><b><p><i>This study is aimed at<br>examining the effect of deposit money bank lending on the growth of private sector<br>in Nigeria between 1995 and 2015. This study adopted the expost facto research<br>design, in order to achieve the objectives stated in the study. Data used in<br>the study was obtained through secondary sources from CBN statistical bulletin<br>and, internet browsing, etc. The ordinary least square multiple regression<br>technique was used to test the hypotheses stated in the study. From the<br>findings, it was discovered that deposit money bank lending has a significant<br>relationship with domestic private investments and manufacturing output as<br>indicators of private sector growth. It was also realized that bank loans was statistically<br>related with domestic private investments, while money supply indicated a<br>statistically significant relationship with Manufacturing Output. It was<br>concluded that deposit money bank lending has a significant positive effect on<br>the growth of the private sector in Nigeria. Therefore, it was recommended that<br>greater efforts should be structured toward increased short, medium and long<br>term loans to private sector investors, as well as the manufacturing sector,<br>agricultural sector and SMEs, as they constitute an integral part of the growth<br>and transformation process of an economy like that of Nigeri</i><i>a.</i></p></b></b></b></b></b></b></b></b></b></b></b></b></div><b><b><b><p>In<br>a modern economic system, there is a distinction between the surplus and<br>deficit economic units and consequently a separation of the savings and<br>investment mechanism. This has necessitated the existence of financial<br>institutions whose jobs include the transfer or remission of funds from savers<br>to investors (borrowers) (Levine, 1997). One of such institutions are the<br>deposit money banks. Shittu (2012) opines that the intermediation roles of the<br>deposit money banks place them in a position of trustees of the savings of the<br>widely dispersed surplus economic units as well as the determinant of the rate<br>and shape of the economic development.</p><p>The<br>Nigerian financial system is dominated by the banking sector, especially the<br>deposit money banks which has the largest share of deposits in the economy and<br>also provides the foundation for the development of financial system. Deposit<br>money banks are financial institutions that provide financial services, such<br>as, acceptance of deposits, issuance of loans and advances, mortgage lending<br>and other financial products, such as savings accounts, current accounts,<br>certificates of deposit, among others. According to the mainstream theory,<br>deposit money banks act as financial i</p></b></b></b> <br><p></p>
Project Overview