Trend Analysis of Financial Intermediation Nexus: Catalyst for Sustainable Development in Nigeria
Abstract
This study examined trend analysis of financial intermediation nexus: Catalyst for sustainable development in Nigeria from 1990 to 2025. Time series data were collected from secondary sources such as Central Bank of Nigeria statistical bulletin to proxy bank intermediation nexus: bank customer deposit, credit allocation, private sector credit, credit to core private sector, loan to deposit ratio, credit to agricultural sector and credit to manufacturing sector. The study found that movement in financial intermediation variables are in line with fluctuation in monetary policy variables. The study employed descriptive research analysis to explain the relationship between financial intermediation variables. The study concludes that monetary policy variables determine the fluctuation in financial intermediation variables within the periods under review. The study concludes that monetary and macroeconomic policies determine fluctuation of financial intermediation variables within the time scope of this study. The implication is that financial intermediation nexus can serve as a catalyst for sustainable development when savings and credit are channeled towards productive enterprises infrastructure, agriculture, renewable energy. Health, and other activities that generate employment reduce poverty and strength sustainable development. The study recommends strengthening financial inclusion, expanding productive sector lending, and deepening digital finance
Keywords
Trend AnalysisFinancial IntermediationBank Customer DepositCredit AllocationPrivate Sector CreditCredit to Core Private SectorLoan to Deposit RatioCredit to Agricultural SectorCredit t
References
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