International records / OpenAlex research

Mobile Payments and Poverty Reduction in Nigeria: An Econometric Analysis

This study investigates the relationship between mobile payment systems and poverty reduction in Nigeria from 1999 to 2024, employing an econometric analysis. Specifically, it examines the effects of Unstructured Supplementary Service Data (USSD) payments and mobile banking application payments on poverty reduction. Secondary data were sourced from the Central Bank of Nigeria Statistical Bulletin and the World Bank and analyzed using multiple regression analysis with EViews 11. Prior to estimation, unit root tests confirmed that all variables were stationary at first difference, I(1). The regr…