ABSTRACT

This study sought to explore the Impact of Cash Management on Corporate FertOrmances of

Deposit Money Banks in Nigeria. The target population was all the Deposit Money Banks in

Nigeria out of which one bank (Union Bank of Nigeria) was selected. The study used simple

random technique to select the targeted bank. This study adopted ex post facto design in

soliciting information on Impact of Cash Management on Corporate Performances of Deposit

Money Banks in Nigeria. Secondary quantitative data was collected from the Central bank of

Nigeria (CBN) Statistical Bulletin. The data collected was analysed ii'iih respect to the s/I/cl)

objectives, using simple regression on Statistical Packages for Social Sciences (SPSS,) version

20.0. The researcher concluded that cash management is an important aspect of

management function and its importance cannot be over-emphasized and shortage or bad

management of cash may result in loss of cash discount, loss of reputation due to non-

payment of obligation on due dates and insolvency which may result in operational shut

down of the company as the study revealed that there is a strong positive relationship

between cash management and gross earning, profit after tax and investment in deposit

money banks. Jr also recommended that there is need for banks to introduce cash

management controls that will be applied across all the banking sector as this will

contribute to better financial performance in the sector and also there is need for the

banks to operate within the cash reserve ratio limit as this will make them buoyant via

increased gross earnings, profit after tax and viable investments.