Fluctuating monetary policy impacts bank lending and economic stability in Nigeria.
The study looked at how changes in monetary policy affect bank lending in Nigeria. They used data from banks and a statistical model to analyze the relationship. The results showed that banks adjust their lending in response to short-term changes in monetary policy, but there is no long-term impact. Changes in monetary policy can also affect the health of banks, so regulators need to consider factors like interest rates and bank capital to improve economic performance through banks.