International records / OpenAlex research

Monetary Policy Instruments and the Performance of Deposit Money Banks in Nigeria (2010–2023)

This study examined the effect of monetary policy instruments on the performance of deposit money banks in Nigeria over the period 2010–2023. Specifically, the study investigated the impact of the Cash Reserve Ratio (CRR), Liquidity Ratio (LQ), and Monetary Policy Rate (MPR) on bank profitability, measured by Return on Assets (ROA). Secondary time series data were sourced from the Central Bank of Nigeria and other relevant publications, and the Ordinary Least Squares (OLS) regression technique was employed for analysis. The findings reveal that CRR exhibited a positive but insignificant relati…