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Fear abounds regarding the novel coronavirus pandemic and the consequences. There are
increasing numbers of confirmed deaths. These numbers are expected to surge when
indirect costs due to lost productivity and comorbidities are taken into consideration ...
Purpose The increased adoption of internet-enabled phones in Africa has caused much
speculation and optimism concerning its effects on financial inclusion. Policymakers, the media and various studies have all flaunted the potentials of internet and mobile phones for …
This research study investigates the impact of corruption on some key activity sectors of the Nigerian economy between 1996 and 2013 using VAR technique. The empirical estimates demonstrate that corruption affects most significantly agriculture, services, wholesale and …
Fiscal discipline is very vital to the development and growth of all the countries of the world. The literature, nonetheless, stresses that developing nations such as Nigeria are mostly prone to challenges emanating from fiscal indiscipline. The current study therefore ...
This paper investigated the weak axiom of the efficient market hypothesis (EMH) as it
applies to fifteen (15) leading stock markets in Africa. There are currently over twenty-nine stock exchanges in Africa with a significant degree of disparities ranging from market size ...
The purpose of this paper is to investigate the relationship between internet use
and democracy in Africa. It examines the non-linearities and causality between the two variables in the short and long run for 38 countries in Africa. ...
With the aid of the St. Louis equation and the general method of moments (GMM)
approach, this study investigates the relative effect of monetary and fiscal policy on
economic development in Africa within the period 1995–2016. The study shows that money …
The purpose of this study was to examine the impact of poverty, unemployment, inequality, corruption and poor governance on Niger Delta militancy, Boko Haram terrorism and Fulani herdsmen attacks in Nigeria. ...
Trumponomics describes the economic policies of US President Donald Trump and has an “America-first” ap-proach. The Trump administration risks creating a more fragmented global economy, and has started the biggest global trade war to date. ...
Using Nigeria as a case study, this study shows that changes in oil price is central to the monetary transmission mechanism in oil-producing countries; a phenomenon which can bedescribed as petro-monetary transmission mechanism. ...
This study investigates the relationship between cryptocurrency, internet, mobile phones, financial inclusion, and financial sector development in China, India, Nigeria, and South Africa for the period 2009–2017...
This study investigates the relationship between information and communication
technologies (ICTs) and economic development in Africa for the period 2001–15 using Fully Modified Ordinary Least Square (FMOLS) and panel Granger analysis...
This paper investigated the drivers of human capital development in Nigeria in the short and long run. Using an ARDL approach over the period 1980 to 2015, the results show that expenditure on education and interest rate have positive significant impacts on human...
This study establishes whether there is a threshold above which the effect of the interest rate on economic and investment growth changes. Hansen's (2000) threshold estimation approach is used for Nigeria over the period 2006 2017.
This study provides empirical evidence on the effects of economic and financial
development on financial inclusion in Africa, using panel FMOLS for the 2005-2014 period. The study shows that economic growth has a significant positive impact on financial …
This study uses annual data over the period 2005-2014 and the Panel VECM approach to
examine financial inclusion and monetary policy effectiveness in Africa. The study shows that financial inclusion and monetary policy effectiveness are linked by a set of long-run …
This study, using annual data over the period 1981-2014 and the ARDL bounds testing approach, captures the long run as well as the short-run dynamics of the relationship between financial inclusion and agriculture in Nigeria. The results show that usage of financial services has significant impacts on agriculture ...
Is the financial performance of Nigerian companies really improving? If so, what about the operational efficiency of these firms? Though profits are on the rise, can these companies possibly be efficient, in spite of the problems inherent in the economy? In order to answer …
The purpose of this study was to determine the effects of Foreign Direct Investment (FDI), trade, aid, remittances and tourism on welfare under terrorism and militancy. Using Nigeria as a case study for the period from 1980 to 2016, this study utilized autoregressive …
This study examines the non-linear relationship between mobile phones, internet and agricultural development in Africa for the period 2001–2015 using system generalized
method of moments. The empirical results show a non-linear relationship between mobile …
This study evaluates the causal links between financial inclusion and economic output, as well as between financial inclusion and the five sectors of the Nigerian economy using
cointegration and Granger causality test. The results suggest that there is bi-directional …
The paper evaluated the impact of monetary and exchange rate policies on economic
diversification in Nigeria using the ARDL approach for the 1981-2014 period. The paper derived two distinct indices for diversification for 'with'and 'without'oil as benchmarks for …
This study has investigated the determinants of stock trading volume using the demand for money approach. In order to establish the magnitude and direction of relationship between stock trading volume and other macroeconomic variables such as broad money, interest …
This study uses a non-linear threshold model to shed light on the impact of interest rates on financial inclusion in Nigeria for the period 1981 to 2014. The findings suggest that the
threshold level of interest rates in Nigeria is estimated at 16.9 percent. In other words …
This study examines the effect of information and communication technologies (ICT) on public sector management in Africa for the period 1995–2015 using panel GMM model and Toda-Yamamoto causality tests. The empirical evidence shows that ICT has a positive and …
Volatility connotes anything that is unpredictable. It is a constant fluctuation in price which the level of its volatility is described by the level of its fluctuation (Adeniji 2014). It is mostly related to asset price and shows to what extent and how often the price of an asset changes …
This study investigates the relationship between blockchain technology and the financial market. The US and China are used as case studies for the 2008–2016 period using fully modified least square and Toda-Yamamoto causality technique. The estimates show that …
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