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ABSTRACT
The effect of monetary policy on the performance of deposit money banks in Nigeria for the period 1995-2020. The ordinary least squares (OLS) econometric technique to analyse the empirical model and examine the effect of monetary policy tools on the performance of deposit money banks in Nigeria. Findings show that cash reserve ratio has a negative and insignificant relationship with bank performance in Nigeria while interest rate has a negative and significant relationship with bank performance in Nigeria. Monetary policy rate has a positive and significant relationship with bank performance in Nigeria. Log value of money supply has a positive and significant relationship with bank performance in Nigeria. Exchange rate has a negative and insignificant relationship with bank performance in Nigeria. It therefore recommend that the CBN through the monetary policy committee should also try and come up with more responsive mechanisms to better react to ever changing macroeconomic shocks affecting the country.
