OLUITAN ROSELINE OLUWATOYIN

Banking and Finance

At the Banking And Finance department office

Appointment on Visitation important

Topic: THE EFFECT OF CASHLESS POLICY ON ECONOMIC GROWTH IN NIGERIA

Description:

This study examines the impact of Cashless policy on the banking sector in Nigeria from 2000-2017. The paper conducts Error Correction Methodology estimation to assess the relationship between cashless policy and economic growth. The estimation shows that automatic teller machine positively impact on GDP and ditto for other variables such as point of sale, internet banking, mobile banking and return of equity. The level of impact observed in this study makes us to recommend that bank officials must be properly educated about the operations of the policy in order to be effective with the services rendered to the customers that uses these services. Such a move will also provide answers to the questions the customers might have in mind. The government should consider policies that abate multiple charges while social infrastructural facilities should be adequately enhanced and maintained in order for successes achieved to be attained.

#	Certificate	School	Year
1.	Post-Graduate Diploma (Developing Professional Practice in Higher Education)	University of Wales, Newport Caerleon Campus	2013

AN EMPIRICAL ANALYSIS OF PENSION FUNDS ASSETS INFLUENCING INFRASTRUCTURE FINANCING IN NIGERIA

This paper examines Pension Fund Assets (PFA) and Infrastructural Financing in Nigeria (INFF). The Generalized Methods of Moment (GMM) was the analytical tool used in analyzing secondary data from the books and annual reports of Pension Fund Administrators in Nigeria between 2010 and 2018. Evidence from the study found that Pension Fund Assets (PFA) has a positive and significant effect on infrastructural financing in Nigeria. Meanwhile, GDP and PFA ratio (GPFA) was also found significant in influencing infrastructural financing positively in Nigeria.

Capital expenditure and PFA ratio (EXPFA) had a positive and significant effect on infrastructural financing in Nigeria. However, Inflation has a negative and significant effect on infrastructural financing in Nigeria. The model was found significant in explaining the changes in infrastructural financing with 99%, indicating the model fit. The paper, therefore, recommends the contributory pension scheme as an alternative source of financing infrastructure provided that adequate measures are taken to prevent the abuse of such a scheme by all the stakeholders. 

OLUITAN ROSELINE is a Associate Professor / Reader at the Department of Banking and Finance

OLUITAN has a Post-Graduate Diploma in Developing Professional Practice in Higher Education from University of Wales, Newport Caerleon Campus