International records / OpenAlex research
Income inequality and deposit money bank profitability in Nigeria: A panel data analysis
Nigeria faces persistent challenges of income inequality and poverty, which significantly affect bank performance and profitability. While many studies have investigated the relationship between income inequality and economic growth, few have examined how this affects bank profitability in developing countries. This study addresses that gap by using panel cointegration to investigate the relationship between income inequality and bank profitability in Nigeria. The study used data from five reputable banks (Zenith Bank, Access Bank, First Bank, United Bank for Africa, and Guaranty Trust Bank) i…
