Effect of money market and economic growth in Nigeria Department: Banking and Finance By: cleodolph16 Project ID: 6806 Rating: (5.0) votes: 1Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThis study investigated the effect of money market on the economic growth in Nigeria. The study had specific objectives: to determine the relationship between Treasury Bills and Gross Domestic Products in Nigeria, to assess the impact of Treasury Certificates on the Gross Domestic Products in Nigeria and to ascertain the effect of Commercial Papers on the Gross Domestic Products in Nigeria. This study adopted the ex post facto research design. For effective analysis of the topic, Data were collected only from secondary sources, and hypotheses were analyzed using Ordinary Least Squares (OLS). The study concluded that based on the three measure of money market instruments only treasury bills is significant in promoting economic growth in Nigeria while commercial paper and treasury certificate are not significant in contributing to economic growth in Nigeria. It was recommended that Nigeria''s money market should be reformed in line with the current globalization trend and internationalization of the money market to allow a flow of foreign investment into the economy which will increase the number of tradable instruments in the market...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)