B.O. Isibor

The purpose of this study was to ascertain the effect of bank profitability on economic growth in Nigeria. However, in order to achieve the objectives of this study, we utilised four explanatory variables as proxies for bank profitability (credit to private sector, bank loans, bank return on assets and total assets to GDP) while real gross domestic product was used as a proxy for economic growth in Nigeria. The study covered a time period of 1995-2020 (26years). The descriptive statistics and regression analysis technique were adopted in carrying
out the study’s empirical analysis Based on the empirical analysis, the following findings were arrived at: firstly, the study ound that there is a positive and insignificant relationship credit to private sector and economic growth in Nigeria; second, the study found that bank loans have a significant effect on economic growth in Nigeria; third, bank return on assets have an insignificant effect on economic growth in Nigeria; and finally, total assets to GDP was found to have a positive and significant effect on economic growth in Nigeria. In view of the salient findings from this study, the following specific policy recommendations were put forth: banks in Nigeria should lend more to the private sector as doing so ensures they are lending to sectors that are likely to generate more income the loans granted which will culminate into a multiplier
effect of enhanced economic growth performance in the long run; the apex monetary authority in Nigeria (CBN) should ensure that banks are regulated to give out more proportion of their income as loans to individuals, private sector and public sector; banks should not leave customers’ deposits idle but should invest a large chunk of it on risk-free securities such as government bonds as well other risky securities with the adoption of effect risk management mechanism; and efforts should be made by banks to maintain continuous increase in their
assets which could be by diversifying, opening more branches, among others.

This research work deals with the Impacts of Payment System on Small and Medium Enterprises in Nigeria over the period of 1990-2020.The introductory aspect of the project talks about the background of the study and the analysis of the payment system on small and medium enterprises. Also the statements of the problem of a successful payment system are well explained. This study also attempted to provide an answer to the question raised under the problem the problem statement. It also talked about the objective of the study which is to test empirically the payment system as an important variable and more so of its impact on small and medium enterprises. The literature review talks about the opinion of various authors, that’s what their view is about payment system. Their view are based on the terminologies of payment system, the conceptual and theoretical framework in payment system were analyzed and the review of empirical studies. The essence of the Chapter Three is to provide information on the research method, which is the model specification, sources of data and estimation techniques as well as the justification for the choice of the estimation techniques, used in the analysis and presentation of the information and data collected. Chapter Four centers on data presentation, analysis, and interpretation of results. The objective of the analysis is to provide a detailed description on the empirical investigation of the relationship between Total Volume of Mobile Money transactions (VLMOB), Total Volume of ATM transactions (VLATM), Total Volume of POS transactions (VLPOS), Total Volume of WEB transactions (VLWEB), Commercial Banks Loans to Small Scale Enterprises (CBSME).The concluding aspect of this project is that best management cannot turn around ailing small and medium enterprises without a payment system: likewise small and medium scale enterprises cannot operate with unreliable payment system

The purpose of this study was to investigate the effect of cashless policies on economic growth in Nigeria. The research aimed to examine the impact of cashless policies on economic growth in Nigeria, identify the challenges of implementing a cashless society, and suggest ways to improve monetary policies to promote economic growth and development in Nigeria. The study employed a descriptive and explanatory design, utilizing both primary and secondary data sources, and data was analyzed using the Pearson Product Moment Correlation technique. The results of the study indicate that the cashless policy implemented by the Central Bank of Nigeria (CBN) and monetary policies as a means of economic management have the potential to promote sustainable economic growth and development through banking, but face challenges such as limited internet access. The study also used economic indicators such as Gross Domestic Product (GDP) to examine the positive or negative impact of the cashless policy on Nigeria's economy, including changes in growth trends and inflation. The challenges and perspectives identified in the study could assist stakeholders in developing strategies to overcome these challenges and improve the Nigerian economy