International records / OpenAlex research

Monetary Policy and Performance of Deposit Money Banks in Nigeria

This study empirically examined the effect of monetary policy on the performance of deposit money banks in Nigeria from 1990 to 2024. The study proxied monetary policy by broad money supply, monetary policy rate, liquidity ratio and cash reserve ratio while return on asset was used as the indicator of the performance of deposit money banks. Ex-post facto research design was adopted and the study made use of annual time series data sourced from the Central Bank of Nigeria (CBN) Statistical Bulletin and the Nigerian Exchange Group (NGX). Augmented Dickey-Fuller (ADF) statistic and Autoregressive…