Empirical Analysis of Financial Development and Financial Inclusion Nexus in Nigeria

Abstract

Subject and purpose of work: The literature on financial development and economic growth is expansive. The proportion of individuals and firms that use or have access to financial services can be referred to as the financially included. Considerable evidence shows that the poor benefit more from access to basic financial services such as payments, savings accounts and insurance. Thus, this study analysed the impact of financial inclusion on financial development in Nigeria between 1982 and 2019.

Keywords

• financial inclusion
• financial development
• investment
• deposits
• g21
• g28
• o16