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Renewable Energy Consumption And Economic Growth In Nigeria: A Co-Integration And Granger Causality Approach, Kingsley Imandojemu, Akinlosotu Nathaniel Toyosi
Renewable Energy Consumption And Economic Growth In Nigeria: A Co-Integration And Granger Causality Approach, Kingsley Imandojemu, Akinlosotu Nathaniel Toyosi
Bullion
The International Energy Agency (2017) reports affirmed that one in five people across the globe lack access to electricity and, about 2.8 billion people still lack access to clean cooking. The expected switch to liquefied petroleum gas (LPG), natural gas and electricity remains unimpressive. One-third of the world's population –2.5 billion people – still rely on the traditional use of solid biomass while another 120 million people cook with kerosene and 170 million with coal. Household air pollution from these sources is currently linked to 2.8 million premature deaths per year, and several billion hours are spent collecting firewood for …
Geopolitical Tensions, Crude Oil Price And Output Dynamics: Implications For Fiscal Governance In Nigeria, Harrison O. Okafor
Geopolitical Tensions, Crude Oil Price And Output Dynamics: Implications For Fiscal Governance In Nigeria, Harrison O. Okafor
Bullion
This paper examined the linkages between geopolitical tensions, crude oil prices and oil output dynamics vis-a-vis the implication for fiscal governance in Nigeria. within a strategic game theoretical framework, anchored on moral hazard assumptions (incentive problem) and applying VAR model, findings indicate that geopolitical tensions affects Nigeria's bonny light crude oil price and export. Results also revealed that the timing and impact of geopolitical tensions last fairly long thus, could affect fiscal revenue and economic governance in Nigeria. Therefore, the paper recommends a complete diversification of the economy from oil will strengthen the nation's fiscal space and development planning.
Fintech As A Tool For Promoting Financial Inclusion And Economic Development In Nigeria, Mayowa O. Agbelusi
Fintech As A Tool For Promoting Financial Inclusion And Economic Development In Nigeria, Mayowa O. Agbelusi
Bullion
In Nigeria, 67% of the population lives below the poverty line. Access to basic financial services can make a significant difference in reducing poverty and financial technology has been used to enhance the provision of financial services to the poor and unbanked in sub-Saharan Africa. This paper seeks to highlight the nexus between financial inclusion and financial technology as well as how it can help reduce poverty in Nigeria.
Monetary Policy Management In Nigeria Today: Issues In Stagflation And Recession, Moses K. Tule
Monetary Policy Management In Nigeria Today: Issues In Stagflation And Recession, Moses K. Tule
Bullion
This article explore the rare and challenging economic problem faced by Nigeria refers to as stagflation. i.e. a condition characterized by the co-existence of declining growth rates along with high unemployment and inflation rates. These negative economic development have raised major concern for policy makers and other economic agents because of the adverse effects on investment, financial stability and livelihood.