Abstract 

This study was carried out to highlight the effect of monetary policy on financial institutions in Nigeria particularly reference to First Bank Plc Ozoro Delta State. This project talks about the main reasons, features and importants of monetary policy here in Nigeria in our financial institutions. In carrying out this project work, the researcher divided the study into five chapters of which it discloses the aim of this policy, the role and effect to the nation and to check it is positively effective the economy and also to check the changing view in the banking sector of which to know if it will involve a new development. 16 also talks about the advantage and disadvantage of this policy, the literature review, the significance and statement of problem. After the research, the researcher concluded, base on the advantage because it is obvious that monetary policy has value in our Nigerian economy. The sources of data analysis were all researched upon by the researcher and a positive answer was gotten. After carrying out all this research, the researcher gave recommendation and suggestion for further study.

TABLE OF CONTENTS 

Title……………………………………………………………………………i 

Certification…………………………………………………………………..ii

Dedication……………………………………………………………………iii

Acknowledgments…………………………………………………………..iv

Abstract………………………………………………………………………v 

Table of contents……………………………………………………………vi 

Chapter One INTRODUCTION

1.1Background to the Study……………………………………………..1

1.2Statement of Problem…………………………………………………3

1.3Purpose of the Study………………………………………………….3

1.4Research Questions…………………………………………………..4

1.5Significance of the Study……………………………………………..4

1.6Scope of the Study…………………………………………………….5

1.7Definition of Technical Terms…………………………………………5

Chapter Two: LITERATURE RELATED 

2.1What is Monetary Policy………………………………………………..7

 2.2Aim of Monetary Policy………………………………………………..10

2.3Role and Effect of Monetary Policy in Nigeria………………………10

2.4Effect of Monetary Policy in Nigeria…………………………………..11

2.5The Responsibility of Bank over Monetary Policy…………………...13

2.6The Need for Monetary Policy…………………………………………14

2.7Changing View in the Bank……………………………………………16

2.8Advantages and Disadvantages of Monetary Policy………………..18

Chapter Three: RESEARCH METHODOLOGY 

3.1Research Design………………………………………………………19

3.2 Population……………………………………………………………...19

3.3Source of Data Collection……………………………………………..19

3.4Validity of Instrument…………………………………………………..21

3.5Method of Data Analysis……………………………………………….21

Chapter Four: DATA PRESENTATION AND ANALYSIS 

4.1Introduction………………………………………………………………22

4.2Data Presentation and Analysis……………………………………….22

Chapter Five:SUMMARY, CONCLUSION AND RECOMMENDATION 

 OF THE STUDY

5.1Summary…………………………………………………………………25

5.2Conclusion……………………………………………………………….26

5.3Recommendations of the Study……………………………………….27

Reference……………………………………………………………………….30

Appendix A……………………………………………………………………..32