https://cirdjournals.com/index.php/cjfrm <p><strong>Contemporary Journal of Finance and Risk Management (CJFRM)</strong> is a peer-reviewed, open-access journal dedicated to advancing the understanding and application of finance and risk management principles in the modern economic landscape. The journal provides a dynamic platform for researchers, practitioners, policymakers, and academics to disseminate cutting-edge research, innovative methodologies, and insightful analyses in the fields of finance and risk management.</p> <p>CJFRM aims to contribute to the development of knowledge and practice in finance and risk management by publishing high-quality research that: <span style="font-size: 0.875rem;">Explores the complexities of financial markets and institutions, </span><span style="font-size: 0.875rem;">Investigates innovative risk management strategies and their applications, </span><span style="font-size: 0.875rem;">Examines the interplay between financial theory and practical implementation, </span><span style="font-size: 0.875rem;">Provides insights into regulatory and policy issues affecting the financial sector. The editorial board of CJFRM consists of distinguished scholars, researchers, and industry experts with extensive expertise in finance and risk management. The board is committed to maintaining the journal's high standards of academic excellence and scientific rigor.</span></p> <p> </p> CIRD Publications en-US Contemporary Journal of Finance and Risk Management https://cirdjournals.com/index.php/cjfrm/article/view/1483 <p>This study examined the effect of monetary policy on the performance of deposit money banks in Nigeria from 1992 to 2023. The main objective of this study was to examine the effect of policy instruments on the performance of the deposit money banks. Banks’ performance was proxy by gross total assets, while the policy variables are cash reserve ratio, liquidity ratio and maximum lending rate. Data was sourced from Central Bank of Nigeria Statistical Bulletin. The ordinary least square (OLS) was used for the analysis where results revealed that CRR with the coefficient -0.230962 and probability value of 0.3418 and LQR with coefficient -0.237453 and probability value of 0.7977 indicate that both had inverse relationship with bank performance since the probability values are greater than the five percent level of significance at 0.050 while MLR with the coefficient&nbsp; 0.109496 and probability value of 0.050 indicate a positive relationship with bank performance since the probability value 0.050 is within the five percent level of significance. The findings show that higher CRR reduces funds available for lending, excess liquidity reduces banks’ income generating capacity and higher lending rates increases banks’ interest income. The study recommends among others that the monetary authorities should keep the cash reserve ratio stable over a period of time and bank should efficiently manage liquidity.</p> God’spower Umukoro Timothy Tyona Henry Yua Copyright (c) 2026 Contemporary Journal of Finance and Risk Management 2026-02-24 2026-02-24 6 2 1 16