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This study assesses the impact of electronic banking on economic growth in Nigeria between 2009 and 2019. To examine the impact of Automated Teller Machine (ATM), Point of Sale (POS), Web Pay and mobile banking on economic growth in Nigeria. Expost-Facto Design was adopted wherein data was guaranteed from Central Bank of Nigeria (CBN) statistically bulletin for various years 2009 and 2019. Regression analysis was employed as the major estimation method. The Auto regression Distributed Lag (ARDL) form of regression was used as a result of the advantages that it has over other forms of regression. However, the result of study showed that E-banking had signlcant impact on economic growth. Aim and MB were found to have a positive impact on economic growth while POS and WB showed negative impact. The result of the study further shows that there is a long-run relationship between e-banking and economic growth and that E-banking Granger causes economic growth.
Ifeoma Maria Ihegboro. 2026. \u201cAn Empirical Investigation into the Impact of Electronic Banking on the Economic Growth\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 22 (GJMBR Volume 22 Issue A7): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
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Total Score: 101
Country: Nigeria
Subject: Global Journal of Management and Business Research - A: Administration & Management
Authors: Ifeoma Maria Ihegboro (PhD/Dr. count: 0)
View Count (all-time): 182
Total Views (Real + Logic): 1462
Total Downloads (simulated): 29
Publish Date: 2026 01, Fri
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This study assesses the impact of electronic banking on economic growth in Nigeria between 2009 and 2019. To examine the impact of Automated Teller Machine (ATM), Point of Sale (POS), Web Pay and mobile banking on economic growth in Nigeria. Expost-Facto Design was adopted wherein data was guaranteed from Central Bank of Nigeria (CBN) statistically bulletin for various years 2009 and 2019. Regression analysis was employed as the major estimation method. The Auto regression Distributed Lag (ARDL) form of regression was used as a result of the advantages that it has over other forms of regression. However, the result of study showed that E-banking had signlcant impact on economic growth. Aim and MB were found to have a positive impact on economic growth while POS and WB showed negative impact. The result of the study further shows that there is a long-run relationship between e-banking and economic growth and that E-banking Granger causes economic growth.
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