Efobi, Uchenna and Osabuohien, E. S. C. and Oluwatobi, S. A (2014) One Dollar, One Bank Account: Remittance and Bank Breadth in Nigeria. Journal of International Migration and Integration. ISSN 1488-3473
![[img]](http://eprints.covenantuniversity.edu.ng/style/images/fileicons/other.png) |
Other (Efobi, U. R, Osabouhien, E.S.& Oluwatobi, S. (2014).One Dollar, One Bank Account: Remittance and Bank Breadth in Nigeria. Journal of International Migration and Integration)
- Published Version
Download (46Kb) |
Abstract
This study examined remittance and bank breadth in Nigeria, using datafrom the 2011 World Bank Households Survey for the African migration project inNigeria. The results-based on logistic regression technique reveal - that remittance has an inverse relationship with bank breadth. The reason put forward is that recipients prefer to hold foreign exchange from remittance and they do not increase their demand for banking services. One of the key implications of the findings is the need for commercial banks to go beyond mere serving as liaison for remittance but incorporating elements of advisory services to the customers, especially those that frequently receive remittance, on how they can best utilize such fund for productive activities.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Dr Evans S. Osabuohien |
| Date Deposited: | 27 Apr 2015 08:59 |
| Last Modified: | 21 Jan 2016 11:28 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/5125 |
Actions (login required)
 |
View Item |
