The Effect of Cashless Policy on Economic Growth in Nigeria: An Autoregressive Distributed Lag Approach

The study investigated the effect of cashless policy on economic growth in Nigeria using quarterly time series data spanning through period 2012 to 2021 while research design adopted for was ex-post facto design. Diagnostic test such as serial correlation, heteroskedasticity and Cusum were conducted. Phillip-Peron Kwiatkowski-Phillips-Schmidt-Shin (KPSS) used carry out unit root variables Auto-Regressive Distributed Lag (ARDL) analysis. findings revealed a significant relationship between Cheque (CQ) Internet banking (IB) with Gross Domestic Product Automated Teller Machine is negatively insignificant. concludes that influences therefore suggests Central Bank should encourage Banks offer quality ATM services their customers. This expected boost adoption alternative payment system which amongst rationale introducing policy.