LIQUID ASSET MANAGEMENT AND PROFITABILITY OF DEPOSIT MONEY BANKS IN NIGERIA (A CASE STUDY OF KADUPE MICROFINANCE BANK, SAKI)

Student: Boluwatife Damaris Ogunkunle
Supervisor: Dr R. Adetola
HOD: Dr R. Adetola
Department of Accountancy
School of Financial Management studies
The Oke-Ogun Polytechnic, Saki, Oyo State

Abstract

Abstract Liquid asset management is an important aspect of finance management which firms have to give serious attention to. Many firms have been forced out of business because of poor management of liquid assets. Excess investment in current asset impairs the firm profitability and inadequate amount of working capital threatens solvency of a firm. This study aimed at assessing liquidity management and commercial banks profitability in Nigeria. This study adopted a survey research design to answer the research questions of this study. The researcher selected a survey research design since primary data are collected using questionnaire from which the hypotheses were tested. The study revealed the following; there is no significant impact of customers deposit on the profitability of deposit money banks in Nigeria; interest received has no significant relationship on the profitability of deposit money banks in Nigeria ; treasury bill has no significant influence on the profitability of deposit money banks in Nigeria. Keywords: Liquid asset, Customer deposit, Treasury bill, Interest received

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