ABSTRACT
This study investigated the effect of monetary policy on the financial performance of twelve listed Deposit Money Banks (DMBs) in Nigeria over ten (10) years (2010 – 2019). Monetary policy is proxied by Loan to Deposit Ratio (LDR), Loan to Asset Ratio (LAR), and Central Bank of Nigeria Lending Rate (CBNLR), while financial performance was proxied by Return on Asset (ROA). The theory of financial intermediation and the institutional theory formed the bedrock of this investigation. The study adopted the ex-post facto research design. Secondary data used in the study were obtained from the audited financial statements of the sampled DMBs listed on the Nigerian Stock Exchange (NSE). Descriptive statistics, Pearson correlation and panel regression model were employed for data analyses using STATA version 13. The results showed that LDR has a significant positive effect on the financial performance of DMBs listed in Nigeria. This result is consistent with the two theories used in the study. The result further indicated that LAR has a significant negative effect on the financial performance of DMBs listed in Nigeria. Also, the study revealed that CBNLR has an insignificant negative effect on the financial performance of listed DMBs. Following from the above findings, the study recommended that the management of DMBs in Nigeria should seek to increase the LDR of their respective banks to enhance their profitability. Furthermore, DMBs should not rely on LAR and CBNLR as a financial performance-enhancing strategy since the outcome of the study indicated their effects as negative and mixed respectively. The study also recommended that further research should include unquoted DMBs operating in Nigeria to enhance the generalization of the findings.
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The purpose of the study wasto assess psycho-social and economic adaptation among people living with HIV/AIDS(PLWHA) in Kaduna S...
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This research work titled “the impact of sales promotion on customers patronage (A survey of customers in...
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The purpose of this study was to find out influence of child upbringing practice on academic performance of early childhood educ...
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This research was carried out to determine the effect of administration of Achomanes Difformis (blume)
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DETERMINANTS OF DEPOSIT MONEY BANKS’ SHARE PERFORMANCE ON THE NIGERIAN STOCK MARKET
A SURVEY ON THE EFFECTIVENESS OF TELEVISION IN REPORTING HERDSMEN AND BANDITS CRISES IN NIGERIA
SPECTROPHOTOMETRIC DETERMINATION AND STABILITY STUDIES OF ARTEMETHER IN ARTEMETHER-LUMEFANTRINE SUSPENSIONS MARKETTED IN NIGERIA
ANAYLSIS OF THE IMPACT OF TARIFFS ON ECONOMIC GROWTH IN NGERIA (1988-2017)
FISCAL FEDERALISM AND RESOURCE CONTROL IN NIGERIA: THE WAY FORWARD
PHYTOCHEMICAL AND SOME BIOLOGICAL STUDIES OF THE METHANOL LEAF EXTRACT OF ASPILIA AFRICANA (PERS.) C. D. ADAMS (ASTERACEAE)