International records / OpenAlex research

Macroeconomic Variables and Quoted Commercial Banks’ Capital Adequacy Ratio in Nigeria

This study examined the effect of macroeconomic variables on quoted commercial banks capital adequacy ratios. Cross sectional data were sourced from financial statement of the commercial banks and central Bank of Nigeria statistical bulletin from 2015 t0 2024. Capital adequacy ratio was modeled as the function of interest rate, real gross domestic product, inflation rate and exchange rate. The study employed the employed that panel data ordinary least square methods. R-square, Adjusted R-square, Regression coefficient, Durbin Watson, T-statistic and F-values were used to determine the effect o…