International records / OpenAlex research

Bank Liquidity, Interest Rate Policies, And Private Sector Expansion in Nigeria

This study examines the relationship between bank liquidity, interest rate policies, and private sector expansion in Nigeria over the period 1990–2024. The study is motivated by the need to understand how financial sector dynamics influence the growth of the private sector, which remains a critical driver of economic development. Secondary time-series data were sourced from the Central Bank of Nigeria and other relevant statistical agencies. The Autoregressive Distributed Lag (ARDL) model was employed to analyze both short-run and long-run dynamics among the variables. The results of the bound…