Relationship between Monetary Policy Instruments and Financial Performance of Commercial Banks in Nigeria
Adamu Ibrahim Shirya,
Charity Njoka,
Farida Abdul
Abstract:This paper examined the relationship between monetary policy instruments and financial performance of commercial banks in Nigeria. The study was anchored on Keynesian theory and employed causal research design. The Nigerian banking populace is 21 commercial banks, so census approach was adopted. Panel data was utilized and inferential statistical methods were used to analyze the data. The result of regression analysis showed that open market operations had a coefficient of β = 4.851167, ***p = 0.000 implying t… Show more
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