An Analysis Of The Impact Of Commercial Bank Credit To Nigeria's Export Trade
ABSTRACT
This study investigates the
impact of commercial bank credit (loans and advances) on the Nigerian export
trade, taking into consideration the period from 2008 to 2012. After a thorough
analysis it was discovered that export trade have earned some substantial
amount of foreign exchange for the country, especially when it comes to oil export.
This has therefore improved the Nigeria balance of payment and the level of the
Nigerian economy. However, non-oil export has also contributed to their own
quota as part of foreign exchange earnings, but government should make more
policy to promote the growth of non-oil export in the country especially the
agricultural sector and banking sector should also encourage them by granting
greater percentage of credit (loans and advances) to the sector, in other for
them to contribute more of foreign exchange resources and ensure slash export
earnings in the country.
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NWOKO, B (2021). An Analysis Of The Impact Of Commercial Bank Credit To Nigeria's Export Trade. Mouau.afribary.org: Retrieved Nov 17, 2024, from https://repository.mouau.edu.ng/work/view/an-analysis-of-the-impact-of-commercial-bank-credit-to-nigerias-export-trade-7-2
BRIGHT, NWOKO. "An Analysis Of The Impact Of Commercial Bank Credit To Nigeria's Export Trade" Mouau.afribary.org. Mouau.afribary.org, 10 Aug. 2021, https://repository.mouau.edu.ng/work/view/an-analysis-of-the-impact-of-commercial-bank-credit-to-nigerias-export-trade-7-2. Accessed 17 Nov. 2024.
BRIGHT, NWOKO. "An Analysis Of The Impact Of Commercial Bank Credit To Nigeria's Export Trade". Mouau.afribary.org, Mouau.afribary.org, 10 Aug. 2021. Web. 17 Nov. 2024. < https://repository.mouau.edu.ng/work/view/an-analysis-of-the-impact-of-commercial-bank-credit-to-nigerias-export-trade-7-2 >.
BRIGHT, NWOKO. "An Analysis Of The Impact Of Commercial Bank Credit To Nigeria's Export Trade" Mouau.afribary.org (2021). Accessed 17 Nov. 2024. https://repository.mouau.edu.ng/work/view/an-analysis-of-the-impact-of-commercial-bank-credit-to-nigerias-export-trade-7-2