International records / OpenAlex research
Impact of Interest Rates on the Financial Performance of Deposit Money Banks in Nigeria
The study examined the impact of interest rates on the financial performance of deposit money banks (DMBs) in Nigeria. Interest rate was proxied with lending interest rate (LIR) and deposit interest rate (DIR) alongside control variables such as inflation rate (INFR) and exchange rate (EXHR), on the financial performance of deposit money banks (DMBs) in Nigeria, as proxied by return on assets (ROA). Spanning a 34-year period from 1991 to 2024, the study employed an expost facto research design, utilizing secondary data sourced from the Central Bank of Nigeria Statistical Bulletin and Annual Re…
