The Nigerian Digital Finance Environment and Its Economic Growth: Pain or Gain | Asian Journal of Ec

The lack of digital infrastructure in Nigeria, as well as the predicted impact on the output of products and services, necessitated this investigation. The goal of this research is to determine the impact of digital finance on Nigeria's GDP. The study examines the current influence of digital money on Nigeria's economic growth. The variables used in this study were ATM, POS, and NIP, which were retrieved from the Central Bank of Nigeria (CBN) website and calculated quarterly as revealed impacts on the Nigerian economy between 2012 and 2017. The Granger Causality and Philips-Perron unit root tests were used. At the first level difference, the Philips-Perron unit root test results were stagnant. Furthermore, the Granger Causality studies show that there is no causal significance.

Please see the link :- https://globalpresshub.com/index.php/AJEFM/article/view/824