The Effect Of Monetary Policies Of The Central Bank Of Nigeria (cbn) On Deposit Money Bank

  The role of Central Bank of Nigeria as the apex regulatory authority in the financial system cannot be over emphasized, most especially through the use of the monetary policy to regulate the supply of money in banking operations. The purpose of this research is to find the effect of the monetary policy on banking operations in its bid to regulate the supply of money in the Nigeria economy with special regards to deposit creation and credit allocation. This research use three case studies; First Bank of Nigeria plc and Ecobank (Nigeria) Bank, and Union Bank of Nigeria. With a sample size of f…