Dumani Markjackson

Federal Polytechnic Ekowe · Banking and Finance

This study examines the effect of financial inclusion on sustainable living in 20 sub-Saharan African countries using the panel Autoregressive Distributive Lag (ARDL) model. The findings indicate that FII, the numbers of borrowers, depositors, bank branches and automated teller machines exert a significant effect on GDP per capita in sub-Saharan Af...

The study examined the effect of institutional quality on access to financial products and services in sub-Saharan Africa. In particular, it understudied the effect of political stability and no violence and regulatory quality on banking penetration in sub-Saharan Africa. Panel data spanning 2006 to 2021 was collated from 12 sub-Saharan African cou...

The study examines the effect of banking sector reforms on private sector growth in Nigeria. The specific objectives of the study were to ascertain the effect of credit to the real sector and total bank deposit liabilities on private sector growth in Nigeria. The study adopted ex-post facto research design. Time series data spanning 2004 to 2018 wa...

This study examines the impact of cashless payment systems on financial inclusion in Nigeria. This was aimed at ascertaining the level of financial inclusion caused by the cashless policy. The study was hinged on the theories of technology acceptance and diffusion of innovation. Thus, primary data was sourced and collated via structured questionnai...

This study examines the determinants of financial inclusion in Nigeria. This was aimed at ascertaining the level of financial access in Nigeria. Thus, supply side data spanning 2000 to 2018 were collated for estimation. The data were sourced from the World Development Indicators and Central Bank of Nigeria databank. The time series data were estima...

This study examines the interactions between the general price level and foreign exchange rate in Nigeria. This was aimed at ascertaining if inflation was imported via the foreign exchange rate in Nigeria. The theoretical underpinning of this study was anchored on the purchasing power parity theory. The ex-post facto research design was adopted to...

This study examines the impact of cashless payment systems on financial inclusion in Nigeria. This was aimed at ascertaining the level of financial inclusion caused by the cashless policy. The study was hinged on the theories of technology acceptance and diffusion of innovation. Thus, primary data was sourced and collated via structured questionnai...

This study examines the impact of external debt and external debt servicing on the international reserves of Nigeria. The theoretical underpinning of the study was anchored on dual gap theory and the self-insurance theory of external reserves. The after effect research design was adopted to examine the components of the study in retrospect. Histori...

This study examines the underlying components that determine the dividend policy statement of corporations in Nigeria. The study purposively select ninety-four (94) corporations out of the universe of companies listed in the Nigerian Stock Exchange. Financial ratios were extracted and computed from published annual audited financial reports spannin...

This study was carried out due to the varied views on the impact of economic globalization on economic growth in emerging countries. Some scholars are of the view that economic globalization intensify economic growth based on empirical findings and theoretical conjectures; others, albeit, in the minority, hold the view that it increases the gap bet...

The study examined the impact of foreign trade on economic growth in Nigeria. The specific objectives were to ascertain the impact of oil imports, non-oil import, oil exports, and non-oil exports on economic growth in Nigeria from 1981 to 2016. To achieve this, the data was first solidified to avoid spurious outputs using Augmented Dickey Fuller te...

The paper examined the impact of the capital expenditure components on output growth in Nigeria. The objective of the study was to determine the impact of Administration, Economic Services, Social Community Services, and Transfer payments on Real Gross Domestic Product in Nigeria. To achieve this, the model was built following the multiple regressi...

The study examined the impact of foreign direct investment on unemployment rate in Nigeria from 1980 to 2015. The study used two explanatory variables (foreign direct investment and capital formation) and one explained variable (unemployment rate). Test carried out include unit root test, co-integration test, and ordinary least square. The study re...

The study examined capital flight and real exchange rate in Nigeria from 1990 to 2014. The study used five independent variables (capital flight, foreign direct investment, current account balance, foreign borrowing and external reserves) and one dependent variable (real exchange rate). Test carried out include unit root test, co-integration test,...

The capital market is an integral part of the development of a nation. Thus, several studies have been carried out to determine the pricing mechanism and efficient market test of capital markets in both advanced and developing countries (Nigeria inclusive). This paper sets to determine the type of efficiency in the Nigerian Capital Market. The stud...

Abstract: The study examined effect of government social expenditure on economic growth in Nigeria from 1981 to 2016. The study used three explanatory variables (education expenditure, health expenditure and community and social services expenditure) and one explained variable (agriculture output). Test carried out include unit root test, co-integr...

This paper re-examined the impact of financial intermediation on economic growth in Nigeria. The objective of the study was to determine the disaggregate influence of credit to the private sector in Nigeria. To achieve this, we adopted the ex post research design to determine how the explanatory variables affects the dependent variable in retrospec...