THE RELEVANCE OF SMALL AND MEDIUM SCALE ENTERPRISES TO NIGERIA’S ECONOMIC DEVELOPMENT: AN INVESTIGATION ABSTRACT The economy of any nation is driven by the level of industrialization, while the level of industrialization is determined by a number of other factors. In a developing economy like Nigeria, Small and Medium scale enterprises play a vital role …
THE DETERMINANTS OF COMMERCIAL BANK DEPOSITS IN NIGERIA 1989 – 2007: A STUDY OF UNION BANK OF NIGERIA PLC ABSTRACT The study focused on factors which affect the deposit mobilization operations of commercial banks in Nigeria, particularly the Union Bank of Nigeria Plc. The study tried to find out the relationship between total volume of …
THE CONSOLIDATION OF THE NIGERIAN BANKING INDUSTRY IMPLICATION FOR THE NIGERIAN ECONOMY ABSTRACT The purpose of this research work was to examine the challenges faced by recapitalisation of banks in Nigeria. Hypotheses were formulated in view of the challenges identified and to meet the objective of the study. Questionnaires were designed and administered on sixty …
THE CAPITAL MARKET AND THE CHALLENGES OF REAL SECTOR FINANCING IN NIGERIA. (A STUDY OF THE PERIOD 2000-2009) ABSTRACT This research work evaluates the effectiveness of the capital market in the mobilization and allocation of funds to productive sectors of the economy. Reviewed the role of the capital market, economic stability, sustainable growth and development …
MISSING LINKS IN THE APPLICATION OF CAPITAL BUDGETING IN THE INFORMAL SECTOR (2000 TILL DATE) ABSTRACT This research is an in-depth study of the impact of risk on capital budgeting decisions of some selected companies in Nigeria. There seems to be a great difference between the theoretical aspect of capital budgeting and the actual practice. …
EFFECTS OF ECONOMIC CRIMES AND MONEY LAUNDERING IN THE NIGERIAN FINANCIAL SERVICES SECTOR ABSTRACT In recent years, and especially since the events of September 11, 2001, World wide efforts to combat money laundering and economic crimes have assumed heightened importance. Money Laundering and economic crimes are global problems that not only threatened security, but also …
EFFECTIVE INTERNAL CONTROL OF FRAUDS IN BANKS A CASE STUDY OF COMMERCIAL AND MERCHANT BANKS IN NIGERIA ABSTRACT Ever since banking evolved, banks have come to be seen as one of the few places where one’s treasures can be kept without fear of theft. As a result bankers all over the world were and still …
CRITICAL APPRAISAL OF FOREIGN DIRECT INVESTMENT (FDI) IN NIGERIA ABSTRACT The research work became necessary because of the huge sum experided as well as the incentive available to foreign investors and yet we have not experienced the much needed to influx of FDI. FDI being the catalyst for industrial and economic development is needed to …
CAUSATIVE FACTORS FOR NON-PERFORMING LOANS OF DEPOSIT MONEY BANKS IN NIGERIA: A CRITICAL EXAMINATION (1997-2007) Abstract The study was principally made to appraise the loan portfolio of DMBs in Nigeria with the aim of finding the magnitude and trend of non-peforming loans (NPLs) and the factor responsible fo that. The problem x-rayed here stems from …
CAPITAL MARKET REFORM AND THE PERFORMANCE OF THE NIGERIAN STOCK EXCHANGE: AN IMPACT EVALUATION ABSTRACT The stock market is a common feature of a modern market economy and it is reputed to perform necessary functions, which promote the growth and development of an economy. This study examined whether the capital market reforms so far carried …
WORKING CAPITAL MANAGEMENT AND FIRMS’ FINANCIAL PERFORMANCE (A STUDY OF SELECTED QUOTED MANUFACTURING FIRMS IN NIGERIA) ABSTRACT This research investigated the Impact of Working Capital Management on Financial performance of Firms in Nigeria. The specific objectives were to: examine the effect of debtors’ days on firms financial performance; ascertain the effect of creditors’ days on …
MONETARY POLICY AND THE PERFORMANCE OF THE NIGERIAN ECONOMY: SECTORIAL ANALYSIS (1986-2017) ABSTRACT The study investigated the effects of monetary policy tools in the performance of the Nigerian Economy using the outputs from six selected sectors of the economy which includes the crude petroleum and natural gas (PEGAS), Manufacturing (MANU), Construction (CONS), Trade (TRADE), Information …
EFFECT OF FINANCIAL INSTITUTIONS INDICATORS ON ECONOMIC GROWTH IN SUB-SAHARAN AFRICAN COUNTRIES (1992-2017) ABSTRACT It has been established in the literature that a nexus between finance and economic growth exist. This is affirmed by a solid body of research especially for developed countries, which have also shown that stock markets drive and have effect on …
CAPITAL MARKET PERFORMANCE INDICATORS AND ECONOMIC DEVELOPMENT OF SUB-SAHARAN AFRICA (1997 – 2017) ABSTRACT This study examined the impact of capital market performance indicators on the economic development of three Sub-Saharan Africa (SSA) countries of Mauritius, Nigeria, and South Africa. The specific objectives of this study are to: examine the impact of stock market size …
TAX STRUCTURE AND ECONOMIC GROWTH IN NIGERIA (1970 – 2015) ABSTRACT This study examined tax structure and economic growth in Nigeria (1970 – 2015). The specific objectives of the study are to: determine the effect of company income tax revenue on economic growth in Nigeria; examine the effect of petroleum profit tax revenue on economic …
EMPIRICAL EXAMINATION OF CAUSAL RELATIONSHIP BETWEEN FINANCIAL DEVELOPMENT AND AGRICULTURAL SECTOR OUTPUT IN NIGERIA ABSTRACT Economists have long held the view that the development of the financial system and economic development are closely intertwined. This study therefore sought to examine empirically the causal relationship between financial development and agricultural sector output in Nigeria from 1986 …
THE IMPACT OF GOVERNMENT CAPITAL EXPENDITURE ON MANUFACTURING SECTOR OUTPUT IN NIGERIA, (1981 – 2016). ABSTRACT The study set out to explore the impact of government capital expenditure on manufacturing sector output in Nigeria using time series data from 1981 to 2016. The study employed Descriptive Properties of the Variables, Diagnostic Test, Augmented Dickey-Fuller (ADF) …
THE EFFECTS OF MICRO FINANCE BANKS IN MOBILIZATION OF RURAL SAVINGS IN ANAMBRA STATE: A CASE STUDY FIVE SELECTED MICROFINANCE BANKS IN AGUATA/ORUMBA NORTH LOCAL GOVERNMENT AREA ABSTRACT The study investigated the effects of micro finance banks in mobilization of rural savings in Anambra state: a case study five selected microfinance banks in Aguata/Orumba north …
FINANCIAL DEEPENING AND ECONOMIC GROWTH IN NIGERIA ABSTRACT This study examines Financial Deepening and economic growth in Nigeria for the period of 1981-2016.. The key objective of the study is to evaluate the extent to which Financial Deepening has affected Nigeria economy. Ordinary least square was used as a method of data analysis.. The study …
EFFECTS OF EXCHANGE RATE ON THE PERFORMANCE OF COMMERCIAL BANKS IN NIGERIA ABSTRACT The study investigates the effects of exchange rate on the performance of commercial banks in Nigeria. The main objective of the study is to investigate the effect of exchange rate on the performance of commercial banks in Nigeria. The variables of nominal …
EFFECT OF FISCAL POLICY ON ECONOMIC GROWTH IN NIGERIA (1985 TO 2017) ABSTRACT The main objective of the study is to investigate the effect of fiscal policy on economic growth in Nigeria between (1985 to 2017). Four hypotheses were formulated and tested at 0.05 level of significance to guide the study: Capital expenditure has no …
EFFECT OF CAPITAL EXPENDITURE ON ECONOMIC GROWTH IN NIGERIA (1986-2016) ABSTRACT The study investigated the effect of capital expenditure on economic growth in Nigeria from (1986 to 2016). The variables of Capital Expenditure on road network, capital expenditure on agriculture, capital expenditure on health and capital expenditure on education were regressed on gross domestic product …
THE IMPACT OF ASSET LIABILITY MANAGEMENT (ALM) ON NON-INTEREST INCOME STRUCTURE OF DEPOSIT MONEY BANKS (DMBs) IN NIGERIA ABSTRACT The study aims at examining the impact of Asset Liability Management on non-interest income structure of Deposit Money banks in Nigeria for the period of Year 2011 to Year 2015. The study reviews the role of …
THE IMPACT OF CAPITAL STRUCTURE, OWNERSHIP AND CORPORATE GOVERNANCE ON THE PERFORMANCE OF QUOTED NIGERIAN COMPANIES ABSTRACT The problem of how firms choose and adjust their strategic mix of financing securities and the impact such mix has on corporate performance has called for attention and debate among corporate financial experts. This is so because the …
THE IMPACT OF CORRUPTION ON FISCAL POLICY MANAGEMENT IN NIGERIA ABSTRACT This study examined the “Impact of Corruption on Fiscal Policy Management in Nigeria”. The major objective was to find out the extent to which corruption in the fiscal policy management affects Government expenditure patterns, deficit financing and tax revenue. Research hypotheses were raised and …
THE IMPACT OF DEBT FINANCING ON VALUE OF NIGERIAN FIRMS ABSTRACT The issue of value creation for stakeholders of the firm as a result of the composition of its financial mix can be traced to the seminal work of Modigliani and Miller (MM) in 1958. Their argument is the irrelevance of the financing mix of …
THE IMPACT OF DEPOSIT INSURANCE SCHEME ON BANK INTERMEDIATION IN NIGERIA ABSTRACT The impact of the 2008 global financial crisis on many economies has re-affirmed the need to protect the financial system from shocks, both from endogenous and exogenous sources. Consequently, policymakers and regulators in many countries have implemented various drastic regulatory measures to prevent …
THE IMPACT OF DIVIDEND POLICY AND EARNINGS ON STOCK PRICES OF NIGERIA BANKS ABSTRACT This study examined the impact of dividend yield on stock prices of Nigerian banks; the impact of earnings yield on stock prices of Nigeria banks and the impact of payout ratio on stock prices of Nigeria banks. The study adopted the …
THE IMPACT OF FOREIGN DIRECT INVESTMENTS ON THE GROWTH OF THE NIGERIAN ECONOMY (1981-2009) ABSTRACT This study investigated the impact of Foreign Direct Investment (FDI) on the Growth of the Nigerian Economy, and also examined the contributions of Domestic Investment to the growth of Nigeria’s economy. Secondary data were sourced from the Central Bank of …
THE IMPACT OF GLOBAL FINANCIAL CRISIS ON THE NIGERIAN CAPITAL MARKET ABSTRACT The objective of this study is to examine the impact of global financial crisis on the Nigerian Capital Market particular to stockbrokers and investors on Nigerian Stock Exchange, Lagos Branch. The data for the study were collected through primary and secondary sources of …
THE IMPACT OF GLOBALISATION ON THE NIGERIAN BAKING INDUSTRY ABSTRACT This study examined the impact of globalisation on the Nigeria banking industry. The major objectives was to determine the impact economic globalization on the efficiency of the Nigeria banks, to determine the affects of globalisation on the profits of Nigeria banks and to examine how …
THE IMPACT OF INFLATION ON STOCK MARKET PERFORMANCE AT THE NIGERIAN STOCK EXCHANGE 1986-2006 ABSTRACT The study examined specifically the impact of inflation on stock market performance at the Nigerian Stock Exchange. The study used time series data for 21 year period; 1986-2006, to fill this important research gap. The least square regression approach was …
THE IMPACT OF MERGERS AND ACQUISITIONS ON BANKS IN NIGERIA ABSTRACT Mergers and Acquisitions is the current trend that is spreading throughout the world. The various financial sector reforms of the past two decades in Nigeria brought about some changes in terms of the number of institutions, ownership structure, as well as depth and breadth …
THE PERCEIVED IMPACT OF CENTRAL BANK OF NIGERIA BANKING REFORMS ON COMMERCIAL BANKS ABSTRACT Banking Industry reforms was intended to improve so many indices in the banking industry. Some of the indices as affected were; poor capitalization, inefficiency and negligence, loss of depositor’s fund, poor management, poor staffing, fraudulent practices, Bank Liquidation, High interest rate, …
THE MACROECONOMIC DETERMINANTS OF ECONOMIC GROWTH IN NIGERIA ABSTRACT Attaining a sustainable level of economic growth which would further translate into economic development is the major aim of policy makers in various countries as it impacts positively on the citizenry and drives the economy even further to a better level of equilibrium than that which …
THE PERCEIVED IMPACT OF INFLATION ON THE NIGERIAN CAPITAL MARKET A CASE STUDY OF THE NIGERIAN STOCK EXCHANGE, ONITSHA, ANAMBRA STATE. ABSTRACT The research work was undertaken to asses the impact of inflation on the Nigerian capital markets. The work was intended to achieve the following objectives; to evaluate the way inflation affects the shares …
THE ROLES, OPERATIONS AND STRUCTURE OF NIGERIAN CAPITAL MARKET AND ITS IMPACT ON THE GROWTH OF NIGERIAN ECONOMY ASTRACT This study examines the roles, operations and structure of the Nigerian capital market. It also went ahead to examine the relationship between capital market development and economic growth. Time series data obtained from Central Bank of …
WORKING CAPITAL MANAGEMENT AND PROFITABILITY IN NIGERIA PETROLEUM MARKET SECTOR (2000-2013) ABSTRACT The aim of this study is to investigate the working capital management and profitability in Nigeria petroleum marketing sector. The statistical significance between the individual component of working capital management and profitability is examined in this study. In the light of this objective …
RISK MANAGEMENT IN TWO NIGERIAN BANKS ABSTRACT This study examines the impact of risk management in two Nigerian Banks. Data were obtained from the annual accounts and reports of the two banks (AfriBank Nigeria PLC and Fidelity Bank Nigeria PLC). An event study methodology was employed to examine the effects of deposit, asset quality and …
SECTOR ANALYSIS OF CAPITAL STRUCTURE AND FIRM PERFORMANCE IN NIGERIA 1997-2012 ABSTRACT The purpose of this study is to empirically analyze the impact of capital structure on firm’s performance in Nigeria; A sector by sector analysis. The annual financial statements of 15 firms listed on the Nigerian Stock Exchange from Four (4) sectors of the …
SOCIO-ECONOMIC DIMENSIONS AND CREDIT SUPPLY TO POULTRY FARMERS IN ODEDA LOCAL GOVERNMENT AREA OF OGUN STATE NIGERIA ABSTRACT The Agricultural sector in Nigeria has remained one of the largest contributors to the gross domestic product of the nation’s economy contributing an average of 39% of GDP. Since the beginning of the millennium, over 80% of …
STAFF PERCEPTION OF THE IMPACT OF THE TWENTY-FIVE BILLION NAIRA RECAPITALIZATION POLICY IN NIGERIAN BANKING INDUSTRY. A CASE STUDY OF SELECTED BANKS ABSTRACT This study investigated the staff perception of the impact of the N25 billion minimum capital base on Nigerian banking system using case study of some selected banks namely; First Bank of Nigeria …
THE CHOICE BETWEEN EQUITY AND DEBT IN NIGERIAN QUOTED COMPANIES SOME EMPIRICAL TESTS OF THE CAPITAL STRUCTURE THEORY ABSTRACT The study of capital structure attempts to explain the mix of securities and financing sources used by corporations to finance real investment. Most of the researches are on industrialized economies and evidence on developing countries like …
THE CRITICAL ANALYSIS OF BANKS PERFORMANCE IN NIGERIA ABSTRACT The sound financial health of financial institutions especially banks is often seen as a guarantee not only to its depositors but also it enhances shareholders wealth, ensures employees’ commitment as well assist in growing the economy. As a sequel to this maxim, efforts have been made …
THE DETERMINANT OF SAVINGS IN A DEREGULATED ECONOMY (THE NIGERIAN CASE) ABSTRACT This paper examine the determinants of savings in a deregulated economy in the light of the Nigeria experience during the period 1986-1993 and 1994- 2004. That is during SAP and Post SAP era respectively. The methodology involves the use of survey method for …
THE EFFECTIVENESS OF PENSION ADMINISTRATION IN NIGERIA AS IT RELATES TO PENSION REFORM ACT, 2004. ABSTRACT Pension Administration in Nigeria in the recent past has been very challenging. The present experience has shown the administration could be relied upon given that is has undergone a lot of reforms poised to make a difference from past …
THE EFFECTS OF DOMESTIC TAXES ON FOREIGN PRIVATE INVESTMENT IN NIGERIA ABSTRACT The enabling environment created through generous fiscal policies is expected to increase the level of foreign private investment in Nigeria beyond the present level. However, on the contrary what is witness are divestments cum capital flight out of the country. It is therefore, …
THE IMPACT OF AGRICULTURAL CREDIT ON AGRICULTURAL PRODUCTIVITY IN NIGERIA ABSTRACT In most agrarian economies like the type that exists in Nigeria, agricultural production provides the needed fulcrum upon which a sustainable development would blossom. Being the main source of food for most of the population, till date, agricultural production remains the mainstay of the …
IMPACT OF TAX REVENUE ON NIGERIA’S ECONOMIC GROWTH ABSTRACT The importance of taxation as a policy in a growing economy like Nigeria cannot underestimate. It has become one of the popular positions of professional economists that tax revenue of any given government / nation contributes to the checks and healthy management of its national governance …
IMPACT OF UNIVERSAL BANKING ON THE INSURANCE INDUSTRY; A CASE STUDY OF SELECTED INSURANCE COMPANIES IN NIGERIA ABSTRACT Sometimes in 1999, some sector of the Banking Industry began to advocate the adoption of Universal Banking (UB). As the argument for and against the introduction ranged on in conferences and workshops, the CBN had to succumb …
IMPACT ON BANK LENDING ON INDUSTRIAL DEVELOPMENT IN NIGERIA 1999-2008 ABSTRACT This study was carried out to examine the impact of banking lending on industrial development in Nigeria. The objectives of the study was to examine the impact of bank lending on industrial development in Nigeria and to examine the relationship between bank lending and …
INNOVATIONS AS COMPETITIVE TOOLS IN BANKING SERVICES ABSTRACT Innovations in banks have been the antidote the mess that befalls banks in Nigeria due to fraud. Many people lost confidence in banks and started reverting to the old systems of holding money in assets, which draws us back to the Stone Age. Hence with the emergence …
LIQUIDITY AND LOAN PORTFOLIO PERFORMANCE: EVIDENCE FROM THE NIGERIAN BANKING SECTOR ABSTRACT One of the major indicators of financial performance is profitability .Every stakeholder in the banking sector is interested in liquidity and performance (profitability)of the bank, the Shareholders are interested in profitability of the bank because it determines their returns on investment. Depositors are …
MONETARY POLICY AND FINANCIAL PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA ABSTRACT This study examined the effect of monetary policy on the financial performance of deposit money banks in Nigeria. Using a time series data for 35 years for the period 1981 to 2015, all deposit money banks as captured by the Central Bank of …
NATURE AND EFFECTS OF BANKING INDUSTRY FRAUDS IN NIGERIA, 1990-2008 ABSTRACT This study on “The Nature of Banking Fraud in Nigeria” (1990 to 2008) covered the period Nigeria Deposit Insurance Corporation (NDIC) took over the management and control of 24 distressed banks, liquidation of 26 Banks in 1998 and the re-capitalization of banks in 2005 …
PERCEPTION OF CAPITAL BUDGETING AS A TOOL FOR OPTIMUM INVESTMENT ANALYSIS. A CASE STUDY OF SELECTED COMPANIES IN PORT HARCOURT ABSTRACT Capital investment decisions are that decision that involves current outlays in return for a stream of benefits in future years. The distinguishing future between short-term decision and capital investment (long-term) decision is time. The …
PRICING OF PUBLIC OFFERING IN THE NIGERIA CAPITAL MARKET A CASE STUDY OF SELECTED BANKS ABSTRACT The objective of this study is to examine the pricing of public offerings in the Nigerian capital market: A case study of Zenith bank, Guaranty Trust bank, Oceanic Bank, IBTC and Chattered Bank were used. Data for the research …
RELATIONSHIP BANKING AND PERFORMANCE OF MANUFACTURING SECTOR FIRMS: EVIDENCE FROM NIGERIA ABSTRACT This study focused on examining the effect of Relationship banking on the performance of manufacturing sectors in Nigeria within the period of 2010 to 2014. This study was carried out to investigate the implication of banking relationship on firm’s performance in the manufacturing …
IMPACT OF EXTERNAL FINANCING ON FIRM PERFORMANCE EVIDENCE FROM NIGERIA QUOTED MANUFACTURING FIRMS, 1999-2012 ABSTRACT The use of external financing can be described as a balancing act between higher returns for shareholders versus higher risk to shareholders. Though external financing can boost stock performance of firms, it is still inconclusive as to its impact on …
IMPACT OF FINANCIAL INTERMEDIATION ON ECONOMIC DEVELOPMENT OF SUB SAHARAN AFRICAN COUNTRIES ABSTRACT Sub-Saharan African countries are still at the crossroad of economic performance. Despite quarter of a century of economic reforms, propagated by national policies and international financial agencies and institutions, sub-Saharan Africa is still lagging behind in development. Once thought of as an …
IMPACT OF FINANCIAL INTERMEDIATION ON ECONOMIC GROWTH IN NIGERIA 1994 – 2013 ABSTRACT One of the activities of financial institutions (banks) involves intermediating between the surplus and deficit units of the economy. Banks as financial intermediaries emerge to lower the cost of reaching potential investments, exerting corporate controls, managing risks, mobilizing savings and conducting exchanges. …
IMPACT OF FINANCIAL LIBERALIZATION ON THE EFFICIENCY OF THE NIGERIAN STOCK MARKET 1986-2011 ABSTRACT Using Nigeria aggregate level data for 26 years: 1986-2011, the study estimates the impact of financial liberalization on stock market efficiency in Nigeria. The study used the Generalised Least Square (GLS) to estimate the four hypotheses formulated for the study. The …
IMPACT OF HOUSING FINANCE MARKET ON GROWTH OF SELECTED AFRICAN ECONOMIES ABSTRACT The motivation for this study arose from the need to place the African Continent on the part of sustainable economic development. Most Countries in Africa have been adjudged to be among the poorest nations, in sharp contrast with the abundant resources in the …
IMPACT OF INCENTIVE MEASURES ON THE FLOW OF FOREIGN PRIVATE INVESTMENTS THE STUDY OF NIGERIA’S TAX INCENTIVE POLICY MEASURES (2000 – 2009) ABSTRACT Attempts at attracting foreign direct investment in Nigeria have been based on the need to maximise the potential benefits derived from them, and to minimise the negative effects their operations could impose …
IMPACT OF INSURANCE MARKET ACTIVITY ON ECONOMIC GROWTH IN NIGERIA ABSTRACT Insurance is one of the cornerstones of modern day financial services sector. In addition to its traditional role of managing risk, insurance market activity, both as intermediary and as provider of risk transfer and indemnification, may promote growth by allowing different risks to be …
IMPACT OF INTEREST RATE DEREGULATION ON PERFORMANCE OF QUOTED MANUFACTURING FIRMS IN NIGERIA ABSTRACT Amongst the major economic reforms that were introduced in 1986 is the deregulation of interest rates in the Nigerian financial market. The theoretical base for deregulation is largely attributable to the Keynesian investment theory. The overall aim of deregulating interest rates …
IMPACT OF INTEREST RATE LIBERALISATION ON SELECTED MACROECONOMIC INDICATORS IN NIGERIA ABSTRACT This research examines the impact of interest rate liberalisation on selected macro-economic indicators in Nigeria. Employing ex-post factor design and using GDP per capita as growth indicator, Total Financial Savings (TFS) as a proxy for savings and Credit to Private Sector as a …
IMPACT OF MICROFINANCE BANKS ACTIVITIES ON POVERTY ALLEVIATION IN NIGERIA 1993 – 2012 ABSTRACT The fight against extreme poverty has been at the front burner of global discourse for a very long time. Poverty is deemed as a state of deprivation but more specifically, where an individual or group has insufficient income for securing basic …
EXPORT FINANCING IN NIGERIA, PROBLEMS AND PROSPECTS ABSTRACT This research sought to examine the impact of Nigerian Export Import Bank credit terms on non-oil export in Nigeria; examine the impact of Total banking export credit on non-oil export in Nigeria and examine the relationship between non-oil export and Nigeria’s gross domestic product. The study adopted …
FINANCIAL CRISIS IN THE NIGERIAN BANKING SECTOR ROLE, EFFECTS AND SOLUTIONS ABSTRACT This is a research project carried out to identify and determine the role, effects and solutions of financial crisis in the Nigerian banking industry, a study of selected banks (First Bank of Nigeria Plc, and Intercontinental Bank Plc). A sample size of 200 …
FOREIGN DIRECT INVESTMENT DETERMINANTS IN PRE AND DEREGULATED NIGERIAN ECONOMY ABSTRACT Foreign Direct Investment (FDI) plays an extraordinary and growing role in global business by providing firms with new markets and marketing channels for their products, Incidentally, Nigeria has been a recipient of Foreign Direct Investment (FDI) overtime but the major determinants and their impacts …
HISTORY AND PROSPECT OF THE NIGERIA GOVERNMENT BONDS MARKET ABSTRACT The study focuses on the development of government bond market in Nigeria. It explores the history, structure, performance and key issues related to the development of bond market with the broader context of domestic, regional and global bond market development. The Nigeria government bond market …
IMPACT OF AGRICULTURAL CREDIT GUARANTEE SCHEME FUND ON AGRICULTURAL PRODUCTION IN NIGERIA, 1978-2011. ABSTRACT Supporting smallholder farmers to play a greater role in food production and natural resource stewardship has been identified as one of the quickest ways to lift Nigerians out of poverty. Funding has been seen as a major problem militating against achieving …
IMPACT OF COMPETITION ON THE PROFITABILITY OF COMMERCIAL BANKS IN NIGERIA ABSTRACT That the Banking Industry in Nigeria has always been profitable has never been in doubt. Again, that the Nigeria banking industry has been a very competitive one is also not a matter for contention as the result of several researchers measuring the competition …
IMPACT OF CORRUPTION ON FISCAL POLICY MANAGEMENT IN NIGERIA ABSTRACT Corruption is an anti-social behaviour conferring improper benefits contrary to legal and moral norms, which undermine the authorities to improve the living conditions of the people. It is one of the greatest challenges of the contemporary world today. The increasing wave of corruption and its …
IMPACT OF EXCHANGE RATE FLUCTUATIONS ON NIGERIAN BALANCE PAYMENTS (1970-2012) ABSTRACT Exchange rate refers to the price of one currency (the domestic currency) in terms of another (the foreign currency). Exchange rate plays a key role in international economic transactions because no nation can remain in autarky due to varying factor endowment. Movements in the …
IMPACT OF EXCHANGE RATE VOLATILITY ON ECONOMIC GROWTH IN NIGERIA, 1987- 2014 ABSTRACT The degree of volatility of exchange rate movements has led policy makers and researchers to investigate the nature and extent of the impact of such movements on growth. This study examines the impact of exchange rate volatility on the economic growth in …
IMPACT OF EXCHANGE RATE VOLATILITY ON THE NIGERIAN ECONOMY, 1987-2015 ABSTRACT This study examined the impact of exchange rate volatility on the Nigerian economy using five (5) key macroeconomic indicators. To achieve these objectives, which are to; ascertain the impact of exchange rate volatility on economic growth, determine the impact of exchange rate volatility on …
DETERMINANTS OF MANUFACTURING FIRMS’ FINANCIAL PERFORMANCE IN NIGERIA ABSTRACT This study empirically examined the determinants of manufacturing firms’ financial performance in Nigeria using a panel data for 12 years across 10 manufacturing firms listed on the Nigerian Stock Exchange for the period 2004 to 2015. The effect of revenue reserves, interest paid on borrowings …
DETERMINANTS OF NON-PERFORMING LOANS (NPLS) IN EMERGING ECONOMIES EVIDENCE FROM NIGERIAN BANKING INDUSTRY ABSTRACT This study examined the determinants of non-performing loans in emerging economies with evidence from the Nigerian banking industry. The study adopted the ex-post facto design. Time series data for the period 1993-2014 were collated from the Central Bank of Nigeria Statistical …
EFFECT OF BANK CONSOLIDATION ON PERFORMANCE OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA ABSTRACT The central tenet of banking sector consolidation was to develop a strong, reliable and diversified banking sector that is capable of playing effective developmental roles in the economy, such as funding of small and medium scale enterprises and becoming a …
EFFECT OF FISCAL POLICY ON ECONOMIC GROWTH IN SUB-SAHARAN AFRICA ABSTRACT Studiess on economic growth have provided insights into why States grow at different rates over time. Classical economics posits that economic growth is largely influenced by factors of production, particularly labour and capital. The proponents of the Classical school assert that the effect of …
EFFECT OF MERGERS AND ACQUISITIONS ON PERFORMANCE OF THE NIGERIAN BANKING INDUSTRY 1998 – 2012 ABSTRACT This study examined the effect of mergers and acquisitions on the performance of Nigerian banking industry. In order to strengthen the competitive and operational capabilities of banks in Nigeria with a view towards returning global and public confidence to …
EFFECTS OF FOREIGN INVESTMENT INFLOWS ON MACROECONOMIC PERFORMANCE IN NIGERIA (1987-2012) ABSTRACT This study investigated the causal relationship between foreign investment inflows disaggregated into foreign direct investment and foreign portfolio investment inflows and macroeconomic performance in Nigeria. Most emerging economies around the world strive to attract foreign investment inflows because of the gap between the …
EFFECTS OF INFLATION ON INVESTMENT IN NIGERIA, 1987-2011 ABSTRACT Economists tend to emphasize that inflation causes economic damage by distorting investments and consumption decisions. These distortions could result from households and businesses’ uncertainty about the effect of increases in prices of goods and services. When inflation is stable, people are likely to have the same …
EMPIRICAL DETERMINANTS OF BANK DISTRESS IN NIGERIA ABSTRACT This study was a historical survey of determinants of bank distress in Nigeria. The research population comprised banks operating in Nigeria between 1998 and 2004. Data used in the stud y were all observational panel data obtained from the published accounts of the elements of the research …
EVALUATING THE IMPACT OF RISK MANAGEMENT ON PERFORMANCE OF MANUFACTURING FIRMS IN NIGERIA ABSTRACT This study focused on investigating the impact of risk management on performance of firms in manufacturing sector in Nigeria within the period of 2007 to 2015. This study was carried out to investigate the impact of working capital management and investment …
EVALUATION OF THE INTERMEDIATION ROLE OF THE DEPOSIT MONEY BANKS ON THE REAL SECTORS OF THE NIGERIAN ECONOMY (1999 – 2008) ABSTRACT This paper assesses the impact of intermediation roles of banks on the performance of the real sectors of the Nigerian economy. The main objective is to find out if the banking industry loans …
AN EVALUATION OF THE IMPACT OF MERGERS AND ACQUISITIONS ON FIRMS’ EARNINGS. A CASE STUDY OF OANDO PLC. ABSTRACT This research work captioned ‘An Evaluation of the Impact of Mergers and Acquisitions on Firms’ Earnings. A Case Study of Oando Plc’ involves the trend analysis of three year pre-merger and three year post-merger financial statements …
AN EVALUATION OF THE ROLE OF THE NIGERIAN CAPITAL MARKET ON THE INDUSTRIALISATION OF THE NIGERIAN ECONOMY 2002 – 2008 ABSTRACT One of the major economic objectives of every nation is to maintain a sustained increase in economic development, through a continuous rise of the economic indicators like the Gross Domestic product (GDP) and capital …
AN EXAMINATION OF THE SOUNDNESS OF BANKS IN NIGERIA A CASE STUDY OF SELECTED BANKS ABSTRACT The objective of this study is to examine the soundness of Banks in Nigeria: A case study of Access bank, Afribank, Ecobank, First Bank and Standard Chatered Bank were used. Data for the research were collected through primary and …
APPRAISAL OF NIGERIA’S EXTERNAL DEBT MANAGEMENT ABSTRACT This study reflects an appraisal of Nigeria’s External Debt Management necessitated by inadequate internal capital formation arising from vicious cycle of low productivity, low income and savings in the Nigerian economy. Considerable linkage has been established between external debt and economic performance. The study determined the impact of …
ASSESSMENT OF THE PERFORMANCE OF THE CAPITAL MARKET IN A DEREGULATED ECONOMY, THE NIGERIA EXPERIENCE 1986-2006 ABSTRACT This study is an assessment of the performance of the capital market in the deregulated Nigerian economy from 1986-2006. The research focus was directed toward a deeper understanding of how capital market performance has impacted on capital formation …
CORPORATE GOVERNANCE AND PROFITABILITY OF SELECTED MANUFACTURING FIRMS IN NIGERIA ABSTRACT The objective of this study is to empirically investigate the relationship between corporate governance (measured by Board Size, Ownership Concentration and CEO Duality) and profitability (measured by Return on Asset and Return on Equity) of selected Nigerian manufacturing companies. The study adopted survey research …
CRITICAL ANALYSIS OF THE PERFORMANCE OF MICROFINANCE BANK; A CASE STUDY OF UMUCHINEMERE PROCREDIT MICROFINANCE BANK ABSTRACT The goal of this research work is to carry out a critical analysis of the performance of microfinance bank in terms of meeting its objective on financial sustainability and economic empowerment. Umuchinemere Procredit Microfinance Bank one of the …
CRUDE OIL PRICE, EXCHANGE RATE AND THEIR EFFECT ON NIGERIA’S ECONOMY (1985 – 2015) ABSTRACT Nigeria is a mono-product economy in term of generating revenue from Crude oil price, which constituted its major export commodity, changes in oil prices have continued to have implications for the Nigerian economy and, in particular on the exchange rate …
DETERMINANTS OF FINANCIAL STRUCTURE EVIDENCE FROM NIGERIAN QUOTED FIRMS ABSTRACT The study sought to examine the determinants of financial structure of Nigeria quoted firms during the period spanning 1999 – 2014. The 15- year period accommodated several time periods and data points. The study adopted ex-post facto research design. The research work also adopted two …
DETERMINANTS OF FOREIGN DIRECT INVESTMENT AND ECONOMIC SITUATIONS IN NIGERIA ABSTRACT Generally, policies and strategies of Nigerian government towards foreign direct investments are shaped by two principal objectives of desire for economic independence and the demand for economic development. Multinational corporations are expected to bring into the country foreign capital in the form of technical …
AN APPRAISAL OF THE PERFORMANCE OF NIGERIA BANKING INDUSTRY IN POST CONSOLIDATION ERA ABSTRACT The current credit crisis and financial turmoil have questioned the effectiveness of bank consolidation programme as a remedy for financial stability and monetary policy in correcting the defects in the financial sector for sustainable development. The project attempts to examine the …
A TEST OF REVERSE CAUSATION IN CAPITAL MARKET DEVELOPMENT AND ECONOMIC GROWTH IN NIGERIA ABSTRACT This study sought to examine the impact of Nigeria’s economic growth on the Nigerian capital market by investigating the impact of economic growth on the Nigerian Stock Exchange market capitalization ratio; impact of economic growth on the Nigerian Stock Exchange …
A SECTORAL ANALYSIS OF CRUDE OIL PRICE, EXCHANGE RATE AND STOCK PRICES IN NIGERIA, (2009-2016) ABSTRACT The study investigated the relationship between crude oil price, exchange rate and sectoral stock prices in Nigeria from 2009 to 2016, using quarterly data collected from the Central Bank of Nigeria (CBN) and Nigeria Stock Exchange. Indices of the …
RELATIONSHIP BANKING AND PERFORMANCE OF MANUFACTURING SECTOR FIRMS: EVIDENCE FROM NIGERIA ABSTRACT This study focused on examining the effect of Relationship banking on the performance of manufacturing sectors in Nigeria within the period of 2010 to 2014. This study was carried out to investigate the implication of banking relationship on firm’s performance in the …