INTEREST RATE

This study examines the interest rate fluctuations on the profitability of deposit money banks in Nigeria. Given the critical role of interest rates in shaping financial performance, this research assesses how key interest rate indicators Monetary Policy Rate (MPR), Prime Lending Rate (PLR), and Treasury Bill Rate (TBR) impact bank profitability, measured by Return on Assets (ROA) and Return on Equity (ROE). A quantitative research approach is adopted, employing an ex-post facto research design to analyze secondary data collected from the Central Bank of Nigeria (CBN), Nigerian Stock Exchange (NSE), banks’ annual reports, and the World Bank database. The study covers a ten-year period from 2013 to 2023, using a purposive sampling technique to select ten commercial banks based on data availability and market representation.