IMPACT ASSESSMENT OF CASHLESS ECONOMY POLICY ON ECONOMIC GROWTH IN NIGERIA
Abu Maji and Titus Wuyah Yunana
Volume 7 Issue 1
Abstract
The paper examines the impact of cashless economic policy on economic growth in Nigeria by the used of ordinary least square technique on quarterly data from first quarter 2012 to first quarter 2019. The findings indicates that automatic teller machine (ATM), point on sale (POS), internet banking (WEB) and mobile banking (MB) had positive impact on economic growth in Nigeria. Except for internet banking, all the explanatory variables had significant influenced on economic growth. The paper therefore recommends that government through the central bank of Nigeria should pursued cashless policy in the country in order to stimulate growth.
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