MONETARY POLICY VOLATILITY AND PERFORMANCE OF BANKING INDUSTRY IN NIGERIA

Health volatility due to the Covid-19 pandemic presented a new-fangled trial banking industry with spillover effect of monetary policy volatility, which extremely affected performance in Nigeria. It has become matter concern assess and The paper used annual time series data that spanned period 2008 2020. employed Autoregressive Distributed Lag (ARDL) Exponential Generalized Conditional Heteroskedasticity (EGARCH) as its techniques estimation. Based on ARDL result, it was exposed had negative impact activities Nigeria within study time. In addition, according EGARCH test generalized constantly been accompanied by new volatility. Therefore, result universal financial predicament experienced 2008, this caused higher 2020 face Covid-19. observed rise led decline period, current uncertain ahead. recommended based findings banks through Central Bank should employ tactical strategies reduce during toward enhancing Nigeria’s industry.