Effect Of Treasury Single Account On The Financial Performance Of Nigeria Bank (A Case Study Of Access Bank Ilorin)
This paper investigated the impact of Treasury Single Account (TSA) on Banks’ performance in Nigeria. Secondary data were obtained from Central Bank of Nigeria (CBN) Statistical Bulletin covering pre and post implementation years (2012 to 2017). The dependent variable was represented by Deposit Money banks’ liquidity ratio while the independent variable was represented by Federal Government Deposits at the Deposit Money Banks. The study used correlational research design to determine the effect of TSA on Deposit Money Banks’ liquidity in the country. Also, the study employed Feasible Generalized Least Square (FGLS) technique of data analysis. It was then found that Federal Government Deposit (FGD) had a positive and significant effect on the Deposit Money Banks’ liquidity position in the Pre-TSA Era whereas Federal Government Deposit (FGD) had a negative and significant effect on the Deposit Money Banks’ liquidity performance in the Post-TSA Era. It was therefore recommended that the Nigerian Government should consider the hybrid TSA model as a way of boosting the Deposit Money Banks (dmbs) liquidity position. It was then suggested that further researchers could widen the scope by including factors such as GDP, Exchange Rate, Inflation Rate excluded in this study.[email protected].
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