International records / OpenAlex research

Evaluating the Nexus between Credit Supply and Sectoral Performance in Nigeria

This study investigates the impact of commercial bank credit on the performance of the agricultural, industrial, and commercial sectors of the Nigerian economy from 1991 to 2023. The analysis employed the Fully Modified Ordinary Least Squares (FMOLS) method and standardized regression analysis to evaluate the relationships. The FMOLS results reveal that in the agricultural sector, commercial bank credit exhibited a positive but statistically insignificant effect on sectoral performance, while the Agricultural Credit Guarantee Scheme Fund and agricultural employment had positive and statistical…