Abstract

This paper aims to ascertain the monetary policy instruments of the Central Bank of Nigeria (CBN) during and after the bank consolidation exercise (2000 ? 2016) and determine the effects of these policies on the financial performance of deposit money banks (DMBs) in Nigeria. An Autoregressive Lag Model (ADL) analysis of secondary data obtained from the CBN Statistical Bulletin, 2016 shows that monetary policies of the CBN had a significant effect on the performance of DMBs in the short-run but an insignificant effect in the long-run.

Details

Title
Monetary Policy and Financial Performance of Nigerian Deposit Money Banks
Author
ADESINA, Julius Babatunde; NWIDOBIE, Michael Barine; AMADI, Agatha Nkem
Pages
853-869
Publication year
2018
Publication date
2018
Publisher
Asian Economic and Social Society
ISSN
23052147
e-ISSN
22226737
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2063569086
Copyright
© 2018. Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the associated terms available at http://www.aessweb.com/journals/5002