International records / OpenAlex research

Impact of Credit and Financial Deepening on Economic Growth in Nigeria

The sole aim of this study was to investigate the impact of credit and financial deepening on economic growth in Nigeria from 1990 to 2021. We employed measures of credit, such as bank credit to the private sector (BCPS) % of GDP and domestic credit to the private sector (DCPS) % of GDP to measure credit. In addition, we measured financial deepening with the ratio of broad money and gross domestic product (M2/GDP); and economic growth with real gross domestic product (RGDP); while we control for inflation rate (INFR), interest rate (INTR) and exchange rate (EXCR). In the cointegration result, …