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Research Article
Continuous Learning and Job Satisfaction of Employees of the Selected Deposit Money Banks in Nigeria
Yunus Kayode Adeigbe,
Isaac Olubambo Fabiyi,
Felix Akinlade Babatola
,
Emmanuel Makanjuola Ogunjemilua*
Issue:
Volume 13, Issue 4, August 2024
Pages:
83-92
Received:
19 May 2024
Accepted:
11 June 2024
Published:
6 August 2024
Abstract: This study examined the effect of continuous learning on job satisfaction of employees of selected Deposit Money Banks in Nigeria. This study adopted quantitative research technique using questionnaire. The population of the study consists of two thousand, three hundred and forty-two (2,342) staff of selected Deposit Money Banks in Nigeria. Multi-stage sampling technique was utilized to select the respondents from the selected Deposit Money Banks. The sample size of three hundred and thirty-one (331) respondents were determined through Raosoft sample size calculator. Data were administered and collected through the primary source with the aid of a questionnaire in gathering data from managerial staff of the selected Deposit Money Banks using a six (6) point scale. The six (6) point Likert scale ranges from 6 points indicating strongly agree, and 1 = strongly disagree. Findings from the study shows that continuous learning meaningfully influenced job satisfaction of employee in the selected Deposit Money Banks in Nigeria. The study concluded that continuous learning had significant effect on job satisfaction of employees in the selected Deposit Money Banks in Nigeria.
Abstract: This study examined the effect of continuous learning on job satisfaction of employees of selected Deposit Money Banks in Nigeria. This study adopted quantitative research technique using questionnaire. The population of the study consists of two thousand, three hundred and forty-two (2,342) staff of selected Deposit Money Banks in Nigeria. Multi-s...
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Research Article
The Impact Analysis of the Relationship Between Foreign Aid and Economic Development in Nigeria
Jude C. Ugwuoke*
Issue:
Volume 13, Issue 4, August 2024
Pages:
93-105
Received:
15 March 2024
Accepted:
1 April 2024
Published:
15 August 2024
Abstract: This study examines the impacts of foreign direct investment (FDI) as a proxy for Foreign Aid, alongside other critical economic and political variables, on Nigeria's economic development. Utilizing an Ordinary Least Squares (OLS) regression model from 1981 to 2022, it explores the dynamics between FDI, trade openness, unemployment rate, corruption index, inflation rate, political stability, and population growth rate in shaping Nigeria's economic growth trajectory. The findings reveal that FDI significantly contributes to economic development, while trade openness highlights the importance of a conducive external economic environment. Conversely, the adverse effects of inflation and corruption highlight critical challenges that undermine the potential benefits of foreign aid and investment. This study highlights the complex relationship between foreign aid, economic policies, and institutional frameworks. It emphasizes Nigeria's need to bolster governance and macroeconomic stability to optimize the developmental impacts of foreign aid. Through empirical analysis, this research contributes to the discourse on development economics, offering professional insights into the conditions under which foreign aid can effectively foster sustainable economic growth in Nigeria.
Abstract: This study examines the impacts of foreign direct investment (FDI) as a proxy for Foreign Aid, alongside other critical economic and political variables, on Nigeria's economic development. Utilizing an Ordinary Least Squares (OLS) regression model from 1981 to 2022, it explores the dynamics between FDI, trade openness, unemployment rate, corruption...
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Research Article
Effects of Transmission Mechanism of Monetary Policy Channels on Economic Growth in Ethiopia: Cointegration and Causality Analysis Approach
Gediyon Bekele*
Issue:
Volume 13, Issue 4, August 2024
Pages:
106-127
Received:
19 June 2024
Accepted:
10 July 2024
Published:
30 August 2024
Abstract: The study aimed at investigating and analyzing factors those effects of transmission mechanism of monetary policy channels on economic growth in Ethiopia using a 36 years’ time series data. To this end, variables such as economic growth (dependent variable), and other regress variables such as real lending rate, real effective exchange rate, credit for private sector, consumer price index, trade of opens, gross capital formation, and money supply are considered. An empirical model linking the real GDP to its theoretical effects is then specified. This study had employed the co-integration and vector error correction model (VECM) analysis with impulse response and variance decomposition analysis to provide robust long run effects and short run dynamic effects on the real GDP. All variables under consideration are integrated of order one I (1) and also co-integrated. Vector Error Correction Model/VECM/ results show that real GDP was positively and significantly affected by the real effective exchange rate, money supply, gross capital formation (investment), credit for private sector, trade of openness over a period of long-run; while real leading interest rate and consumer price index (inflation) have significant negative effect. The estimate of the speed of adjustment coefficient found in this study indicates that about a 31 percent of the variation in the real GDP from its equilibrium level is corrected within a year. The study suggests that lowering the lending interest rate can encourage more private investment because it will encourage private investors to borrow more, which will increase investment in Ethiopia. Since investment is one of the factors that determine the gross domestic product, this will result in an increase in the GDP.
Abstract: The study aimed at investigating and analyzing factors those effects of transmission mechanism of monetary policy channels on economic growth in Ethiopia using a 36 years’ time series data. To this end, variables such as economic growth (dependent variable), and other regress variables such as real lending rate, real effective exchange rate, credit...
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