International records / OpenAlex research

Microfinance Bank and Economic Growth Nexus: Evidence from Nigeria

This work assessed the microfinance bank and economic growth nexus in Nigeria. Statement of problem: There have been emphasis on micro, small and medium enterprises in recent times as catalysts for growth to be driven by the microfinance banks. Microfinance banks in promoting and enhancing economic growth in Nigerian economy is faced with stiff difficulties like repayment problems, poor financing, high running costs amongst others. Methodology: The ex-post facto research design was adopted. The secondary data for the study was obtained from CBN statistical bulletin and analyzed using regressio…