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The Impact of Monetary Policy on Nigeria's Economic Growth: A Time Series Analysis (1995-2015)

This study investigates the impact of monetary policy on Nigeria's economic growth over the period 1995-2015. Using time series data sourced from the Central Bank of Nigeria, the study applies multiple regression analysis to examine the relationship between real GDP (as the proxy for economic growth) and key monetary policy variables: broad money supply (M2), exchange rate (EXR), and liquidity ratio (LR). Findings reveal that broad money supply and exchange rate significantly influence economic growth, while the liquidity ratio does not exhibit a meaningful impact. Based on these results, the …

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Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	International Journal of Entrepreneurship and Business Innovation
Date	2025-06-04
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	https://doi.org/10.52589/ijebi-sppk1k4f
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W4411016585`

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The Impact of Monetary Policy on Nigeria's Economic Growth: A Time Series Analysis (1995-2015). OpenAlex research, 2025. Vero Archive, record openalex:W4411016585.