Institutional Repository | Ajayi Crowther University
Please use this identifier to cite or link to this item: https://repository.acu.edu.ng:443//handle/123456789/202
Title: An Empirical Investigation of the Liquidity-Profitability Relationship in Nigerian Commercial
Authors: Oke, M. A.
Ayodele, Thomas
Keywords: Profitability
Liquidity,
Insolvency
Issue Date: 2013
Publisher: Journal of Economics and Sustainable Development
Abstract: The study critically assessed the relationship between liquidity and profitability of Nigerian commercial banks. Purposive sampling method was used to select First Bank Nigeria Plc as the case study being the oldest and the biggest among the 24 commercial banks currently operating in Nigeria. Secondary data collated from First Bank’s annual reports of ten years (2002-2011) were used for the study. The regression analysis of ordinary least square was employed to analyses the data. Student’s test was also used to test the relevant hypothesis.Findings show that there is a very high correlation between liquidity of banks and their profitability.
URI: http://localhost:8080/jspui/handle/123456789/202
ISSN: 2222-1700
Appears in Collections:Department of Economics



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