Effect of monetary policy on the profitability in first bank Nigeria Plc Department: Accountancy By: bapatigi7954 Project ID: 2292 Rating: (3.2) votes: 11Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThe state of Nigeria's economy is lamented and calls for urgent intervention. The poor state of the economy is affecting every sector most especially the finance sector. The research studies the effect of monetary policy on the profitability of first bank Nigeria plc from 2014-2018. The objective guided the study is cash reserve ratio and the lending interest rate was used as a measure of monetary policy and return on equity (ROE) was used to measure profitability. Relevant literature were consulted and they guided the study. The study employed descriptive research design. Secondary data from the annual financial report of first bank Nigeria plc and annual CBN bulletin from 2014-2018 were used. The data were analyzed using linear regression, ANOVA, correlation and descriptive statistics were used. The findings revealed that the cash reserve ratio and the lending interest rate have no significant effect on the profitability of first bank Nigeria plc. The study concluded that monetary policy has no significant effect on the profitability of first bank Nigeria plc. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )