Interest rates dominate Nigeria's economy, shaping future growth and stability.
The study looked at how different factors affect Nigeria's economy from 1986 to 2017. They used data on things like loans, inflation, and stock prices to see how changes in these areas impact the economy. The study found that changes in interest rates have the biggest impact on the economy. This means that when the government changes interest rates, it has a big effect on how well the economy is doing. The study suggests that the government should keep using interest rates as a way to control the economy.