Key Factors Boosting Nigerian Banks' Performance Revealed: Asset Quality, Liquidity, Market Growth.
The study looked at what factors affect the performance of banks in Nigeria. They focused on specific things like technology, asset quality, liquidity, market growth, and capital adequacy. They found that asset quality, liquidity, market growth, and capital adequacy all have a positive impact on the performance of listed deposit money banks in Nigeria. However, they discovered that information technology doesn't have a significant influence on bank performance. The study suggests that banks should work on improving their asset quality, liquidity, total assets, and capital adequacy to do better, while also focusing on enhancing their information technology.