MONETARY POLICY AND SMALL MEDIUM ENTERPRISES (SMEs) PERFORMANCE IN NIGERIA

The Small and Medium Enterprises (SMEs) have been known to play significant roles in promoting economic growth, employment generation foreign exchange earnings among others, of both developed developing economies. Monetary policy, on the other hand, actions strategies employed by a central bank or monetary authority control regulate money supply, interest rates, credit conditions an economy. This study therefore, examines how policy affects performance SMEs Nigeria based data covering period from 1981–2020 using Autoregressive Distributed Lag Model (ARDL). ARDL captures long-run equilibrium relationships short-term dynamics, allowing researchers examine interplay between variables over time. found that has not potent tool for