Olubukola A.A.|Ikpefan O.A.|Akinrinola O.O.|Itai M.M.
The Impact of Digital Financial Services on the Nigerian Economy
Caleb University|Covenant University|Caleb University|Covenant University
paper investigated impact digital financial services nigerian economy study nigerian deposit money banks dmbs expofacto data analysis carried independent variables digital financial services volume atm transactions vatm volume pos transactions vpos volume webpay transactions vwbp volume mobile banking vmob regressed gross domestic product gdp dependent variable obtained 2017 central bank nigeria cbn statistical bulletin using ordinary least square regression ols findings study revealed volume mobile banking point sales volume automatic teller machines transactions positive impact economy nigeria volume automatic teller machines highest impact gross domestic product nigeria proxy economic growth volume web services negative impact nigerian gross domestic product study therefore recommends improvement operationalization independent variables atm pos web pay mob monetary authorities fintech financial technology dmbs deposit money banks enhance dependent variable gross domestic product nigeria global economy putting effort security safety literacy innovations eliminate reduce negative impact web services innovation nigerian economy