THE EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA

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📄 Project Abstract

This study examined the impact of monetary policy on economic growth in Nigeria. Methodologically, time-series data (Cash Reserve Ratio, Statutory Liquidity Ratio, Monetary Policy Rate and Real Gross Domestic Product) were sourced from the CBN Statistical Bulletin from 1981 to 2019. An econometric methodology of data analyses was employed. Specifically, stationarity test (unit-root using ADF), Johansen Co-integration test and (long-run) analyses, correlation as well as the granger causality test were the standard econometric analyses performed. Statistically, time-series normality test results revealed that all the variables (GDP, CRR, SLR and MPR) have their p-values less than 5%, thus, confirming their normality. Also, the unit-root test results revealed that all the variables have uniform order of integration, thus, Johansen co-integration test was performed leading to the conduct of long-run regression analyses. The long-run results show that MPR and SLR have insignificant negative...

🔍 Key Research Areas Covered
  • ✅ Literature Review & Theoretical Framework
  • ✅ Research Methodology & Data Collection
  • ✅ Data Analysis & Statistical Methods
  • ✅ Findings & Results Discussion
  • ✅ Recommendations & Conclusions
  • ✅ References & Bibliography
📚 Complete Project Structure
Chapter 1: Introduction & Background
  • Problem Statement & Objectives
Chapter 2: Literature Review
  • Theoretical Framework & Related Studies
Chapter 3: Research Methodology
  • Data Collection & Analysis Methods
Chapter 4: Data Analysis & Results
  • Findings & Statistical Analysis
Chapter 5: Discussion & Conclusion
  • Recommendations & Future Research
Appendices: Supporting Documents
  • Questionnaires, Data, References
⭐ Why Choose This Economics Project Topics Project?
🎯 Well-Researched

Thoroughly researched with current and relevant sources

📊 Complete Data

Includes statistical analysis and detailed findings

✍️ Original Content

100% original research with proper citations

📝 Properly Formatted

APA/MLA formatting with table of contents

🎓 Supervisor Approved

Meets university standards and requirements

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💬 What Students Say

"This project provided excellent guidance for my Economics Project Topics research. The methodology was clear and the data analysis helped me understand the proper approach."

— Final Year Student, Social Sciences project topics
Full Citation:

FATIMA ISA BIMA. (). THE EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA. African and General Studies, 40, 14858.

Citation Formats:
APA
FATIMA ISA BIMA. (). THE EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA. African and General Studies, 40, 14858.
MLA
FATIMA ISA BIMA. "THE EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA." African and General Studies, vol. 40, , pp. 14858.
Chicago
FATIMA ISA BIMA. "THE EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA." African and General Studies 40 (): 14858.
Full Citation:

FATIMA ISA BIMA. (). THE EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA. African and General Studies, 40, 14858.

Citation Formats:
APA
FATIMA ISA BIMA. (). THE EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA. African and General Studies, 40, 14858.
MLA
FATIMA ISA BIMA. "THE EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA." African and General Studies, vol. 40, , pp. 14858.
Chicago
FATIMA ISA BIMA. "THE EFFECT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA." African and General Studies 40 (): 14858.
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