THE IMPACT OF MONETARY POLICY ON THE PROFITABILITY OF BANKS IN NIGERIA

Authors: Anderson Ugwu | Social & Management Sciences Banking and Finance Research 24 pages 2,558 words

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INTRODUCTION 
Banks are the most regulated of all business in Nigeria.  This is because of the nature of banking itself and its centrality to the effective functioning of the economic system. The importance and centrality of the banking system in the development of an economy is obvious and beyond dispute.  It plays some roles which include financial intermediation provision of an efficient payment system and facilitating the implementation of monetary policy  On intermediation the banking system mobilizes savings form the surplus and channel them to investment in operating the payment mechanism the system serves as a medium for exchange and in execution of monetary policy, the system serves as agents through which the policies are disseminated However without banks arrangement savings and investment will not only be inefficient but may lead to less than optimum resources allocation. Accordingly an efficient and effective system is indispensable not only for the promotion of efficient intermediation but also for the protection of the depositors  encouragement of a healthy competition and the stability of economy. The degree of success of bank in performing the above functions however depends on the financial  and regulatory environment which in itself is a function of the totality of the environment in which it operate.
TABLE OF CONTENTS Cover pageTitle pageApproval pageDedication Proposal AcknowledgementTable of contents 
CHAPTER ONE Introduction 1.1Background of the study1.2Statement of problem1.3Objective of the study1.4Significance of the study1.5Limitation of the study1.6Definition of terms.
CHAPTER TWO 2.1Review of related literature2.2Evolution application of monetary policy instruments in Nigeria 2.3An overview of the use of monetary policy instruments in Nigeria.2.4Advantages and disadvantage of monetary policy .2.5Summary of literature review
CHAPTER THREE  3.1Research design and methodology3.2Research design3.3Data collection 3.4Secondary data  
CHAPTER FOUR4.1Findings 
CHAPTER FIVE 5.1Conclusion5.2Recommendation 5.3Bibliography  

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