Digital Financial Services and Economic Development in Nigeria: A Short-Run Vector Autoregressive Analysis

Appah, E., Tebepah, S. F., & Newstyle, D. (2023). Digital financial services and economic growth of Nigeria: 2006–2021. European Journal of Business, Economics and Accountancy, 11(3), 1–15. Beck, T., Demirgüç-Kunt, A., & Levine, R. (2007). Finance, inequality and the poor. Journal of Economic Growth, 12(1), 27–49. Central Bank of Nigeria . (2021). E-naira design paper: Africa's first central bank digital currency. Davis, F. D. (1989). Perceived usefulness, perceived ease of use, and user acceptance of information technology. MIS Quarterly, 13(3), 319–340. Enock, M., & Lusekelo, K. (2024). The transformative impact of digital financial inclusion among marginalized groups on economic growth. NG-Journal of Social Development, 14(1), 135–153. Evans, D. S., & Pirchio, A. (2015). An empirical examination of why mobile money schemes ignite in some developing countries but flounder in most. Review of Network Economics, 14(4), 197–233. Ighoroje, E. J., & Okoroyibo, E. E. (2020). Cashless policy and the performance of deposit money banks in Nigeria. European Journal of Accounting, Auditing and Finance Research, 8(5), 85–104. Jack, W., & Suri, T. (2014). Risk sharing and transactions costs: Evidence from Kenya's mobile money revolution. American Economic Review, 104(1), 183–223. Johansen, S. (1995). Likelihood-based inference in cointegrated vector autoregressive models. Oxford University Press. Marshal, I. (2024). Digital payment channels and economic growth in Nigeria. Advance Journal of Management, Accounting and Finance, 9(3), 16–36. Miftahu, I., & John, M. M. (2024). Impact of digital economy on youth unemployment in Nigeria. KASU Journal of Economics and Development Studies, 10(2), 141–156. Olubukola, A. A., Ikpefan, O. A., Akinrinola, O. O., & Itai, M. M. (2023). The impact of digital financial services on economic growth in Nigeria. Rogers, E. M. (1983). Diffusion of innovations (3rd ed.). The Free Press. Schumpeter, J. A. (1934). The theory of economic development. Harvard University Press. Todaro, M. P., & Smith, S. C. (2020). Economic development (13th ed.). Pearson. United Nations Development Programme . Human development reports (various years).