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Bank Lending Channel and Monetary Policy in Nigeria
(Research in International Business and Finance, 2017-07-15)
We find that the Central Bank of Nigeria's (CBN) policy of consolidation and restructuring from 2002 to 2008 strengthened the bank lending channel (BLC). We use the Generalised Method of Moments (GMM) two step estimator ...
Fostering Entrepreneurial Activities through Microfinance in Nigeria
(European Research Conference on Microfinance (ERCM), 2017-03)
This paper examines the mechanisms by which microfinance loans foster entrepreneurship using social capital. Our empirical data was gathered through questionnaire survey of 317 active small business borrowers in Nigeria. ...