Impact of Deregulation on Financial Sector Development in Nigeria
International Journal of Development and Management Review
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Title |
Impact of Deregulation on Financial Sector Development in Nigeria
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Creator |
Yaqub, O Jameelah
Omobitan, AO |
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Subject |
—
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Description |
The financial system in an economy is known to serve as the lubricant which facilitates the smooth running of the economy. The Nigeria financial sector has undergone several reforms since 1987 when the Structural Adjustment Programme was introduced. This paper investigates the impact of these reforms on the development of the sector using correlation analysis and Granger Causality test. The result obtained showed that deregulation has failed to enhance the development of the financial sector. It is therefore, suggested that the supervisory authorities should be strengthened to enhance people’s confidence in the sector; so that the sector can perform its intermediation role effectively.Keywords: Financial reforms, Financial sector, Deregulation, and Nigeria JEL Classification: E 58, G18, G28International Journal of Development and Management Review (INJODEMAR) Vol. 7 June, 2012
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Publisher |
Directorate of General Studies, FUT, Owerri
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Contributor |
—
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Date |
2012-07-23
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.ajol.info/index.php/ijdmr/article/view/79313
10.4314/ijdmr.v7i1. |
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Source |
International Journal of Development and Management Review; Vol 7, No 1 (2012)
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Language |
eng
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Relation |
http://www.ajol.info/index.php/ijdmr/article/view/79313/69616
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Rights |
Either the Editor, the Editorial Board (individually or collectively) or the Development and Management Study Group (DMSG) assumes any responsibility for statements of facts or opinions in the papers published and are therefore absolved of any legal liability. The authors are in every way responsible for the contents of individual articles.Reproduction of any sort, including photocopying of this journal or portions of it, or any storage whatsoever, by any person(s) without prior permission of the copyright owners, is prohibited.© Copyright reserved by Development and Management Study Group (DMGS)
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