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Interest Rates and Capital Formation in Nigeria

B. O. Osuka, K. C. Otiwu, Nwabeke Chidinma Elizabeth

Abstract

This study examined the effect of interest rates on capital formation in Nigeria. Time series data were sourced from Central Bank of Nigeria Statistical Bulletin

Keywords

Interest RatesCapital FormationSavings Rateprime Lending RateMaximum Lending Rate

References

Adekunle, K.A., & Aderemi, A. K., (2012). Domestic investment, capital formation and population growth in Nigeria. Developing Country Studies, 2(7), 28 – 39. Ainabor, A.E., Shuaib I.M & Kadiri, A.K., (2014). Impact of capital formation on the growth of Nigerian economy 1960-2010: vector error correction model (vecm).School of Business Studies, Readings in Management and Social Studies, 1(1), 132-154. Aiyedogbon, J. O. C., (2011). Military expenditure and gross capital formation in Nigeria. 1980 – 2010. European Journal of Humanities and Social Sciences. 7(1), 290-310.

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