Bank Liquidity and Economic Growth of Nigeria

This study was carried out to determine the effect of bank liquidity on the economic growth of Nigeria. Consequently, three hypotheses were designed to guide the researchers and data were drawn from the Central Bank of Nigeria (CBN) statistical bulletin which covered a thirty three (33) years period between 1980 to 2013. The hypotheses were tested using ordinary least square regression analysis and the econometrics co integration test. The result revealed that; there is a positive and significant relationship between total bank credit ratio and economic growth of Nigeria; there is a positive and significant relationship between total bank deposits and gross domestic product of Nigeria; a negative but significant relationship exist between deposit credit ratio and economic growth of Nigeria. Based on the results, it was recommended that government should motivate banks to grant more loans and advances to the economy; laws should be instituted to prevent the diversion of loans to non-productive sectors of the economy; the monetary authorities should encourage the real sectors of our economy such as the agricultural and industrial sectors of Nigeria.Keywords: Bank deposits; Bank liquidity; Deposit credit ratio Economic growth; Gross domestic product; Loans and advances; Loan ratios; Total bank credit ratio; Total bank deposit

Impact of drying processes on Bryophyllum pinnatum phenolic constituents and its antiinflammatory and antioxidative activities in human erythrocytes

The effect of drying on the phytoconstituents, antioxidative, and anti-inflammatory properties of Bryophyllum pinnatum leaves was investigated. The phenolic constituents were characterized using HPLC-DAD. The aqueous extraction was done and various assays (Inhibition of membrane stabilization, albumin Denaturation and heatinduced hemolysis, malondialdehyde (MDA), and reduced glutathione (GSH) contents, as well as superoxide dismutase (SOD) activity), were carried out on human erythrocytes. The fresh portion (89.12 µg/ml) exhibited the highest potential to inhibit heat-induced hemolysis compared to the standard drug—Diclofenac (91.51 µg/ml). Freeze-dried sample showed the highest inhibitory potential on albumin denaturation ([Freeze-dried-330.72 µg/ml], [Diclofenac-318.63 µg/ml]) and membrane destabilization ([Freeze-dried-331.93 µg/ml], [Diclofenac-289.57 µg/ml]) when compared with Diclofenac. Similarly, the freeze-dried sample showed the highest GSH and SOD level and lowest MDA level when human erythrocytes challenged with tertiary butyl hydroperoxide (tBHP) were treated with the extract. This study confirms the retention of a considerable quantity of bioactive constituents of plants when freeze-dried