ABSTRACT
This research work examined the role of money market in promoting industrial development in Akwa Ibom State, using First Bank of Nigeria Plc, Ikot Ekpene Branch as case study. The objectives of the study are to examine the effect of liquidity management in promoting industrial development, to examine the effect of equilibrium mechanism in promoting industrial development, to examine the effect of portfolio management in promoting industrial development and to identify the economics use of cash in promoting industrial development. To accomplish the research objectives, the study adopted the survey design method while the convenience sampling technique was used to select (82) respondent as sample size for the study. Instrument for data collection was a self developed questionnaire and the forms are administered personally. They data collected were arrange in tables and analyzed using sample descriptive statistical method. Findings from the study revealed that there is significant effect of liquidity management in promoting industrial development, that there is significant effect of equilibrium mechanism in promoting industrial development and there is significant effect of economic uses of cash in promoting industrial development. Based on the findings, the following recommendation were made by the researcher, that government should put in place appropriate and sound macroeconomic policies to boost the development of the money bank with a view to promoting productive activities and investments and that money market should be better reform to complement the recent banking sector reforms with a view to reposing some confidence in prospective investors and entrepreneurs.
TABLE OF CONTENTS
PAGES
Title Page
Approval Page – – – – – – – – ii
Certification – – – – – – – – – iii
Dedication – – – – – – – – – iv
Acknowledgements – – – – – – – v
Abstract – – – – – – – – – vi
List of Tables – – – – – – – – vii
Table of Contents – – – – – – – – viii
CHAPTER ONE
INTRODUCTION
- Background of the Study – – – – – – 1
- Statement of the Problem – – – – – – 3
- Objectives of the Study – – – – – – – 4
- Research Questions – – – – – – 4
- Significance of the Study – – – – – – 5
- Scope of the Study – – – – – – 5
- Limitations of the Study – – – – – – 5
- Organization of the Study – – – – – 6
- Definition of Terms – – – – – – 7
PAGES
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 Conceptual Framework – – – – – – – 9
2.1.1 Concept of Money Market in promoting Industrial Development 9
2.1.2 Concept of Industrial Development – – – – – 11
2.1.3 Effect of Liquidity Management in promoting
Industrial Development – – – – – – – 13
2.1.4Â Effect of Equilibrating Mechanism in Promoting
Industrial Development – – – – – – – 14
2.1.5 Effect of Port-folio Management in Promoting
Industrial Development – – – – – – – 15
2.1.6 The Economic Use of cash in Promoting Industrial Development 17
2.2 Theoretical Framework – – – – – – – 18
2.3 Empirical Framework – – – – – – – 21
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Research Design – – – – – – – 23
3.2 Population of the Study – – – – – – – 23
3.3 Sample and Sampling Technique – – – – – 24
3.4 Sample Size – – – – – – – – 24
3.5 Instrumentation – – – – – – – – – 25
3.5 Method of Data Analysis – – – – – – 26
3.6 Problems of Data Collection – – – – – – 26
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS AND INTERPRETATION
- Analysis of Research Questions – – – – – – 28
- Research Question One – – – – – – – 28
- Research Question Two – – – – – – – 29
- Research Question Three – – – – – – – 31
- Research Question Four – – – – – – – 32
- Discussion of Findings – – – – – – – 33
CHAPTER FIVE:
SUMMARY OF FINDINGS, CONCLUSION AND
RECOMMENDATIONS
5.1 Summary of Findings – – – – – – – 35
5.2 Conclusion – – – – – – – – – 36
5.3 Recommendations – – – – – – – – 36 References
Appendix
