Record Details

Impact of Deregulation on Financial Sector Development in Nigeria

International Journal of Development and Management Review

View Archive Info
 
 
Field Value
 
Title Impact of Deregulation on Financial Sector Development in Nigeria
 
Creator Yaqub, O Jameelah
Omobitan, AO
 
Subject
 
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
 
Publisher Directorate of General Studies, FUT, Owerri
 
Contributor
 
Date 2012-07-23
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ajol.info/index.php/ijdmr/article/view/79313
10.4314/ijdmr.v7i1.
 
Source International Journal of Development and Management Review; Vol 7, No 1 (2012)
 
Language eng
 
Relation http://www.ajol.info/index.php/ijdmr/article/view/79313/69616
 
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)