International records / OpenAlex research
Monetary Policy and Bank Performance in Nigeria
This study examines the impact of monetary policy on bank performance in Nigeria, using data sourced from CBN statistical bulletin which spans between 2010 and 2023, with a specific focus on the relationship between the monetary policy tools and return on assets (ROA). Using Auto Regressive Distributed Lag (ARDL) regression analysis, the study tests three hypotheses to determine whether monetary policy tools significantly influences bank performance (ROA). The results indicated an insignificant positive relationship between inflation rate, interest rate and ROA, suggesting that changes in the …
