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Pre and Post Global Financial and Economic Crisis on Nigerian Economy

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  • Isibor Areghan

Abstract

The study examined the 2007/2008 pre and post global financial and economic crises, plus the post pandemic era and how it has impacted the Nigerian economy. Secondary data was gathered and analyzed using the regression analysis. Finds showed that the pre-global economic and financial crisis had no major effect on the Nigerian economy while the post-world economic and financial crisis had a huge influence on Nigeria's economy. The study therefore recommended that policy-makers should find ways to control monetary and financial policies such as interest rate by decreasing them in order to make money for the existence, growth and creation of small and medium-sized enterprises.

Suggested Citation

  • Isibor Areghan, 2022. "Pre and Post Global Financial and Economic Crisis on Nigerian Economy," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 13(2), pages 61-75, April.
    • Handle: RePEc:jfr:ijfr11:v:13:y:2022:i:2:p:61-75
    DOI: 10.5430/ijfr.v13n2p61
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    References listed on IDEAS

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    1. Alexander Ehimare Omankhanlen & Noah Ilori & Areghan Isibor & Lawrence Uchenna Okoye, 2021. "Monetary Policies and the Achievement of Bank Profit Objective," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 10(2), pages 201-220.
    2. Sangyeon Hwang & Hyejoon Im, 2009. "Implications of the Global Financial Crisis on Korea's Trade," Asian Economic Papers, MIT Press, vol. 8(3), pages 46-81, Fall.
    3. James Vickery, 2007. "Interest rates and consumer choice in the residential mortgage market: a summary," Proceedings 1041, Federal Reserve Bank of Chicago.
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