International records / OpenAlex research

Financial Inclusion and Human Capital Development in Nigeria

This study used time series data from 1992 to 2022 to examine the relationship between human capital development and financial inclusion in Nigeria. Causal research design was adopted while financial literacy theory was adopted as the theoretical anchor. The data used were obtained from World Bank indicators, 2022, National Bureau of Statistics. ARDL model, correlation analysis, unit root test and ARDL bound test for co-integration and Granger causality test to analyze the data. The ARDL results revealed that there is a positive and statistically significant relationship between financial incl…