Market Interest Rates And Commercial Bank Profitability: (a Case Study Of First Bank Of Nigeria Plc (2000 – 2004)

INTRODUCTION 1.1BACKGROUND OF THE STUDYThe Commercial Bank System shares a very important characteristic with other members of the financial sector and the rest of the business community; the desire to maximize profits and expand its share of the market.  Commercial banks are profit-making enterprises and as such they share with other businesses the same set of expectations concerning the health of the economy.Banks act as financial intermediaries collecting deposits from one group and lending it out to another group.  In this role they are able to convert short-term deposits into long-term lo…