The impact of monetary policies on the liquidity and profitability of banks in Nigeria (a case study of Zenith Bank Plc) Department: Accountancy By: joseph34 Project ID: 457 Rating: (3.3) votes: 13Rate this project12345 Price:₦1000 Get the Complete MaterialAbstractFirst and foremost, this topic,“The Impact of Monetary Policies in the Liquidity and Profitability of Banks in Nigeria" is of high significance to the financial sector of Nigeria. The monetary policy is designed by the CBN to influence the behavior of the monetary sector in the monetary variables or aggregates. In investigating the impact of monetary policies on the liquidity and profitability of banks in Nigeria, interview schedules and questionnaires were drafted. A total of thirty (30) copies of the questionnaire were randomly distributed to staffs of Zenith Bank Plc out of which, twenty-six copies were returned while the other four could not be retrieved as a result of some staff being so busy on that day and did not bother about following the questionnaire e.g. staff working in the counter. In essence, this research worked with only twenty-six copies of the questionnaires. Hence, research questions were used in place of hypotheses in the cause of conducting the research some questions were asked to reflect the extent to which this works tender to cover. However, the impact of monetary policies were effective up to 65% and the instruments of this policy attained 100% of positive drawback in the implementation of monetary policy and 75% said that these drawbacks are militating against the effectiveness of these policies. Generally, respondents are to the view that monetary policies can be used side by side (100%) and it has not been regularly implemented. ...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»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»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 )