International records / OpenAlex research
Monetary Policy and Banking Sector Performance: Evidence from Deposit Money Banks in Nigeria
This study investigated the impact of monetary policy on the performance of deposit money banks (DMBs) in Nigeria. It specifically examined the relationship between Cash Reserve ratio (CARR), Liquidity ratio (LQR), Monetary Policy Rate (MPR) and Treasury bills (TRB) which are monetary policy instruments, and banks’ performance indicators of return on assets (ROA). Data were collected from Central bank of Nigeria Statistical Bulletin of 2023 and NDIC publications spanning from 1990 to 2023. The Analysis were carried out using Ordinary Least Squares, Cointegration and Error correction model (ECM…
