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@article{192986,
        author = {UGWU NDUBUISI CHRISTIAN},
        title = {Impact of monetary Policy on the Asset of Insurance companies in Nigeria, 2000-2024},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {9},
        pages = {3958-3966},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=192986},
        abstract = {The study examined the impact of monetary policy on the Asset of insurance companies in Nigeria, 2000-2024. Total Insurance Asset is the dependent variable while the independent variables are Exchange rate and Interest Rate. The broad objective of this study is to examine the impact of Monetary policy on the Asset of insurance companies in Nigeria, 2000-2024. The specific objectives of the study are: to ascertain the extent of impact to which exchange rate has on the asset of insurance companies in Nigeria. and to investigate the degree of impact to which interest rate has on the asset of insurance companies in Nigeria. The study used ex-post facto research design. Data were collected from the Central Bank of Nigeria (CBN) Statistical Bulletin. The Ordinary Least Squares (OLS) was used as analytical technique. The findings of the study indicated that Interest rate has no significant positive impact on asset of insurance companies in Nigeria (0.0012>0.05).Exchange rate has a significant positive impact on asset of insurance companies in Nigeria (0.055<0.05).The study concludes that that monetary policy decisions play serious significant impacts on asset of insurance companies in Nigeria, was recommended that that public enlightenment campaigns should be done by government directing people about the availability of money kept for agricultural loans and various credits so as to control black market in exchange rate. And Appropriate trade liberalization policies that enhance Insurance performance needed to be carried out to support private sector drives. Thus, tightened fiscal and monetary policies, and adequate tariff policy should be followed to maintain that public sector business activities are created with a sustainable level so as to improve our external reserve.},
        keywords = {Monetary Policy, Insurance Assets, Exchange rate, Interest rate, etc.},
        month = {February},
        }