International records / OpenAlex research

Macroeconomic Variables and Nonperforming Loans of Quoted Commercial Banks in Nigeria

This study examined the effect of macroeconomic variables on nonperforming loans of quoted commercial banks in Nigeria. Cross sectional data were sourced from financial statement of the quoted commercial banks while time series data were sourced from Central Bank of Nigeria Statistical Bulletin. Nonperforming loans was modeled as the function of real interest rate, exchange rate, broad money supply, real gross domestic product and inflation rate. Panel data Ordinary Least Square, fixed effect model was used after Hausman test. R-square, adjusted Rsquare, T-statistics, p-value, Durbin Watson an…