Authors : Odumusor, Charles Joseph; Onyinyechi Chidiebere Nwangwu

Volume/Issue : Volume 10 - 2025, Issue 2 - February

Google Scholar : https://tinyurl.com/tjmsvznd

Scribd : https://tinyurl.com/nharnp95

DOI : https://doi.org/ 10.5281/zenodo.14964278

Abstract : This study examined the correlation between the expansion of economic activities in Cross River State, Nigeria, and the contributions of agency banking. The descriptive survey research design was implemented in the investigation. The study was guided by two research questions, which were formulated and tested in conjunction with two hypotheses. The research area is home to 200 Micro and Small Medium Enterprises (MSMEs). The study employed accidental sampling, also known as convenience sampling, to select 200 Micro and Small Medium Enterprises (MSMEs) that comprise the sample. The primary instrument for data collection was the 'Agency Banking and Growth of Economic Activities Questionnaire (ABGEAQ),' which was well-structured and validated. The data collected was analysed using Pearson Product Moment Correlation statistical tools. At a significance level of 0.05, tests were conducted on two hypotheses. The analysis' findings indicated that there is a substantial correlation between the expansion of economic activities and the development of businesses for agents. In response to the results of this investigation, it was suggested that the government and relevant agencies should promote and enhance financial inclusion in order to stimulate economic activity. In order to generate additional income, which contributes to the creation of jobs and entrepreneurship in the country, it is recommended that the banking agency be encouraged.

Keywords : Agency Banking, Growth of Economic Activities, Cross River State.

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