Neo-Artificial Intelligence (Ai) And Liquidity Of Financial Sectors In Nigeria: Nexus In Climate Finance

Abstract

This study analysed the neo-artificial intelligence (AI) and liquidity of financial sectors in Nigeria: Nexus in Climate Finance from 2012-2023. The specific objectives were to evaluate the effect of Real-time gross settlement and Electronic funds transfer, on the liquidity of financial sectors in Nigeria. Ex-post facto research design was used based on secondary data collected for the study, the study financial service sector in Nigeria. The variables were liquidity of financial sectors as the dependent variables while real-time gross settlement and Electronic funds transfer, were the independent variables. Panel Least Squared (PLS) method of data analysis was used. The study also employed descriptive statistics to check the normality data collected for the study, while hausman test was used to check for Regression analysis between dependent variable and independent variables and correlation in this study was used to check the relationship between dependent variable and independent variables.   From the analysis result the study found that; Real time gross settlement has significant effect on liquidity of financial sector in Nigeria. (t=3.583072=0.009); Electronic fund transfer has no significant effect on liquidity of financial sector in Nigeria (=0.569002, p=0.5721); The study recommended amongst others that; financial sectors should ensure adequacy of real time gross settlement services, regardless of location to enhance customer access. They should also ensure availability of electronic fund transfer services so that customers can have seamless and round-the-clock access.