MONETARY POLICY AND BANKING PERFORMANCE IN NIGERIA

ABSTRACT

The research study is directed towards a monetary policy and banking performance in Nigeria. The research investigates the effectiveness of monetary policy on the bank's profitability by using first bank of Nigeria: as a case study.  The structure of commercial bank's general policies and principles.

 

The research composition was based on secondary data. The data collected from various sources was statistically analyzed with the' multiple regression analysis.

 

The study found out that there is positive relationship among various economic variables including gross domestic product, interest rate, exchange rate and money supply.

 

The study recommends that government should pursue sound and more coordinated monetary policy. The growth rate of money supply should be kept at a level consistent with real gross domestic product (GDP) growth rate so that it will not affect the position of exchange rate adversely. The study also recommends that the government and the central bank of Nigeria should be cautious of their intervention in the Foreign Exchange Market to ensure non-violent fluctuation of the exchange rate as too much interference breeds uncertainty which' may hamper the realization of the achievement of monetary of monetary targets.

 

 

TABLE OF CONTENTS

Page

Title Page

Certification

Dedication

Acknowledgement

Abstract

Table of Contents

CHAPTER ONE: BACKGROUND OF THE STUDY

1.0

Introduction

 

1.1

Statement of the Problem

 

1.2

Aim and Objectives of the Study

 

1.3

Significance of the Study

 

1.4

Research Methodology

 

1.4.1

Collection of Data

 

1.4.2

Method of Data Analysis

 

1.5

Research Hypothesis

 

1.6

Scope/Limitation of the Study

 

1.7

Plan of the Study

 

CHAPTER TWO: LITERATURE REVIEW

2.0     Introduction

2.1     Theoretical Review of Monetary Policies

2.2     Monetary Policy in Nigeria

2.3     Techniques of Monetary Policy Control

2.4·   Commercial Banking

2.5     Theoretical Framework of Islamic Banking

2.6     Empirical Review on Monetary Policies and

Banking Performance

CHAPTER THREE: RESEARCH METHODOLOGY

3.0    Introduction

3.1     Sources of Data

3.2      Scope of Study

3.2.1 Analytical Techniques

3.3     Model Specification

3.4     Estimation of the Model

3.4.1 Various Statistical Tests Used

CHAPTER FOUR: DATA ANALYSIS AND INTERPRETATION·

OF RESULTS

4.1    Introduction

4.2     Restatement of Hypothesis

4.3     Model Specification

4.3.1 A Priori Expectation

4.3.2 Limitation of the Study

4.4     Empirical Results and interpretation of the Regression

Results

4.5     Policy Implication

CHAPTER FIVE: SUMMARY, CONCLUSION AND POLICY                                                             RECOMMENDATIONS

5.1

Summary

 

5.2

Conclusion

 

5.3

Policy Recommendation

 

 

Bibliography

 

 

Appendix

 

 

Regressed Models