THE IMPACT OF MONETARY POLICY IN NIGERIA BANKING INSTITUTION
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Abstract
This study investigates the impact of monetary policy on Banking sector performance in Nigeria. This is to ascertain the factors that influence the banking sector performance using bank’s deposit liabilities as proxy for bank performance. The study period covers 36 years from 1970 to 2006, using selected indicator and employing the OLS regression technique. We tested the null hypothesis of no significant relationship between bank deposit liabilities and chosen indices of banking performance, namely Exchange Rate (EXR), Deposit Rate (DR) and Minimum Discount Rate (MDR). Results showed that overall; monetary policy has a significant effect on the banks deposit liabilities. Main while, on individual basis, we discovered that Deposit Rate (DR) and Minimum Discount Rate (MDR) had a negative influence on the banks deposit liabilities in Nigeria, whereas Exchange Rate (EXR) had a positive and significant influence on the banks deposit liabilities in Nigeria. We conclude therefore that monetary policy plays a vital role in determining the volume of bank’s deposit liabilities in Nigeria. We recommended that government and its monetary authorities should strive to create a conducive environment for banking sectors to grow in the country by packaging appropriate monetary policies that would guarantee and enhance growth and development of the banking sectors in Nigeria.
Related Project Materials
INFORMATION TECHNOLOGY AND SERVICES DELIVERY IN TERTIARY HOSPITALS IN RIVERS STATE USE CORRELATION AND REGRESSION ANALYSIS TO TEST THE HYPOTHESES
Statement of the Problem
World Bank (2003) and Wilson and Wong, (2007) have reported on information technology use...
ANALYSIS OF THE PROHIBITION OF SAME SEX MARRIAGE UNDER NIGERIAN LAW
ABSTRACT
Marriage as an institution has been for ages the image of unity despite differences in culture, religion and civilization, and t...
ECONOMIC ANALYSIS OF SWAMP RICE PRODUCTION
ABSTRACT
Rice is the most important cereal in the world after wheat and more than half of the human race needs rice as a...
INVESTIGATING THE PERFORMANCE OF DIFFERENTTIAL PROTECTION SCHEME OF POWER TRANSFORMER
Background of the Study
The basic scheme of differential relaying is explained with reference to the diagram below Fig.1.1:Basic Scheme o...
IMPACT OF ADVERTISING ON CONSUMER PATRONAGE
Abstract
Advertising is an economic promoter with the attribute of persuasiveness. In formativeness has an important con...
EFFECT OF COVID-19 ON THE ACADEMIC PERFORMANCE OF SECONDARY SCHOOL STUDENTS
ABSTRACT
The study was designed to examine the effect Of Covid-19 on the academic performance of second...
INFLUENCE OF WHITEBOARD MANAGEMENT PRACTICE ON SECONDARY SCHOOL STUDENTS' ACHIEVEMENT IN PHYSICS
Background of the study
The origins of education may be traced back to the classroom. The chalkboard was impregna...
EVALUATING THE KNOWLEDGE AND ATTITUDE OF COMMUNITY PHARMACISTS TOWARD HIV INFECTED PATIENTS
ABSTRACT
In most communities, the first level of healthcare visit is usually the community pharmacies h...
THE INFLUENCE OF ENVIRONMENT VARIABLES ON THE PERFORMANCE OF SMALL SCALE BUSINESS
ABSTRACT
This is survey study carried out to investigate the small scale businesses&nb...
3D First Person Shooter PC Game
ABSTRACT
Monsters Within is a fun 3D FPS horror survival game on the Windows platform that demands its players to have fast reflexes, qui...
