Browsing by Author "Olabisi, Eric Olabode"

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    Financial Development, Remittances Inflows and Economic Growth in Nigeria: A Time Series Analysis
    (South Asian Journal of Social Studies and Economics, 2020-09-05) Olabisi, Eric Olabode; Ogbeide, Sunday Oseiweh
    This study examines whether financial development promotes remittances inflows and Nigerian economic growth. Using a time-series data for a period of 1985-2017, the Autoregressive Distributed Lag (ARDL) technique was employed. The results suggest that financial development in Nigeria exerted no significant impact on economic growth. It is an indication that financial development is not a significant variable for promoting remittances inflows into Nigeria. However, the study concludes that remittances inflows are a substitute for promoting individual’s financial business opportunities and economic growth. The study therefore recommends that the government should strengthen the Nigeria financial institution, and also institute a financial reform initiative that can enhance financial security as well as ease of accessing remittances inflows.