https://accountingjournal.umyu.edu.ng/index.php/ujafr/issue/feed 2024-07-23T08:58:41+00:00 Prof. Muhammad Aminu Isa jafr.accounting@umyu.edu.ng Open Journal Systems <p>UMYU-JAFR is a peer-reviewed journal published bi-annually (January and July) by the Department of Accounting, Faculty of Social and Management Sciences, Umaru Musa Yar’adua University, Katsina. It is dedicated to the advancing and disseminating of original research papers and review articles in areas of accounting and financial management in accordance with international scientific or scholarly standards. The subjects of coverage include but are not limited to: Regulatory procedures in auditing, taxation, investments, financial reporting, financial management and business analysis. UMYU-JAFR also covers theoretical and empirical analysis relating to financial reporting, auditing standards, tax administration and management, public sector financial management, performance management, accounting information system, entrepreneur financing and business performance, asset pricing, financial markets and institutions, corporate finance, and corporate governance.</p> <p><strong>Professor Muhammad Aminu Isa.</strong></p> <p><strong><em>Editor-in-Chief</em></strong></p> https://accountingjournal.umyu.edu.ng/index.php/ujafr/article/view/96 2024-07-23T08:33:22+00:00 Umar Altine Mohammed umaralti@gmail.com Tijjani Musa Bashir dokaje@yahoo.com Mohammed Zubairu zmuhammed@abu.edu.ng

<p><em>This study examines the impact of macroeconomic variables on the financial performance of commercial banks in Nigeria using an annual panel dataset from 2000 to 2022. A sample of seven banks is considered, and four macroeconomic variables are examined: interest rate, exchange rate, inflation rate, and the ratio of money supply to GDP. The panel ARDL model is applied to assess the long-run and short-run relationships between these variables and the banks' financial performance, measured by Return on Assets (ROA). The findings indicate that interest rates have a positive and significant effect on bank performance, while the exchange rate has a negative and significant impact. Inflation rate is not found to be a significant determinant, and a significant negative relationship is observed between the money supply-to-GDP ratio and bank performance. These findings have implications for policymakers, regulators, and commercial banks, emphasizing the need to consider interest rates, exchange rates, and money supply-to-GDP ratio in formulating monetary policies and managing risks to ensure long-term financial stability and performance.</em></p>

2024-07-23T00:00:00+00:00 Copyright (c) 2024 UMYU Journal of Accounting and Finance Research