This paper examines specifically the impact of legal-based financial structure on long-run economic growth in Nigeria, using time serial data for 17 year period: 1992 - 2008. Time series general method of movement (GMM) regression was used to estimate the necessary models. The growth rate of...

In September 2000, leaders from 189 nations ratified the Millennium Declaration. The declaration is an unprecedented global commitment and one of the most significant United Nations documents of recent time. It offers a common and integrated vision on how to tackle some of the major challenges...

This paper reviews the operational efficiency of the Nigeria insurance industry from a historical perspective. Our paper traced the origin of insurance in Nigeria to 1918, when marine insurance was dominant in the economy. The paper shows that despite the long history of insurance industry in...

The COVID-19 outbreak resulted in a synchronized disruption of the global economy, globalization agenda, and re-emergence of protectionism. Africa appears to be worse-off by the re-emergence of protectionism despite the increasing debate that globalization tends to increase intra-country...

This study examines the spillover effects of U.S. monetary policy normalization on Nigeria 10-Year Treasury bond yield between 2011 and 2017, using the vector error correction model approach. Our results reveal that domestic factors, such as exchange rate and inflation, rather than the U.S....