Digitalisation, Banking Stability and Nigeria's Economic Growth Trajectory

South Asian Journal of Social Studies and Economics, Journal Year: 2024, Volume and Issue: 21(7), P. 176 - 185

Published: July 9, 2024

The integration of digital technologies in banking operations has become a cornerstone economic policy to promote financial stability and foster growth. This study examines the interplay between digitalisation industry growth Nigeria. Annual time series data spanning 1981 2022, except for variable (web payment) which covers shorter period, was collected from Central Bank Nigeria’s Statistical Bulletin. Using Least Squares estimator analyse multiple regression model, found that deepening negatively impact due prematurity shallowness. However, bank assets positively influence concludes although have potential enhance growth, as seen studies other nations, maturity level is too low propel effectively. Nonetheless, Nigerian contribute country’s trajectory. suggests banks should invest more transformation Additionally, provide credit private sector integrate unbanked population into formal processes deepening, key driver both aspiring regional peer countries Finally, continue build strong asset base, not only regulatory purposes but also leverage large valuation benefits, collateral loans, risk exposure diversity, competitive advantage, opportunities.

Language: Английский

The Effect of Selected Macroeconomic Variables on Sharia Mutual Funds in Indonesia: A Multidimensional Analysis with VECM Approach

Asian Journal of Economics Business and Accounting, Journal Year: 2024, Volume and Issue: 24(7), P. 105 - 116

Published: June 17, 2024

This study determined the short-term and long-term effects of Inflation, Indonesia crude price, sharia stock index on mutual funds in Indonesia. research utilized secondary data from January 2014 - December 2023 sourced Financial Services Authority (OJK), Central Agency Statistics (BPS), Ministry Energy Mineral Sources Republic (KESDM). uses long run short VECM tests. The results show that long-run estimates indicate Inflation variable Indonesian have a significant positive effect Islamic While price has negative estimation there are no variables affect Granger causality test reveals causal relationship between various funds. conclusions obtained can be used as reference for potential investors making investment decisions term.

Language: Английский