Muritala Adewale Taiwo

• Ph.D., M.Sc, CPFM FBDFM
• Senior Lecturer at Nile University of Nigeria

This study examines the impact of digitalisation and innovation on the competitive edge of small and medium-scale enterprises (SMEs) in the fashion industry in Lagos State, Nigeria. Specifically, it investigates the effects of social media, digital payment, and online shopping on customer satisfaction, which is considered a key determinant of compe...

Purpose: Given the importance of insurance companies to the national economy and the fact that sound financial performance is essential for them to play their stated roles, it is therefore useful to examine the effect of risk committee attributes on the financial performance of insurance companies in Nigeria from 2016 to 2022. Theoretical reference...

The success of any construction project largely depends on the ability to manage project costs effectively. However, cost control in the Nigerian construction industry is characterized by numerous issues such as inadequate planning, poor communication, lack of accountability, and corruption. This conceptual review aims to examine the current state...

Green product demand increases as consumers become more conscious of the world's worsening environmental problems. This study investigates the impact of green product demand on brand performance. Despite the attention paid by FMCG firms in Nigeria to green product demand (green product design and green promotion), brand reputation still needs to im...

Purpose: The objective of this study is to examine joint venture, technology transfer on the performance of Nigeria's oil and gas sector between 1981-2021. Theoretical Framework: It is indisputable that the Nigerian oil and gas sector is not at peak performance when compared to what is obtainable from its peers in the Organization of Petroleum Expo...

This study is conducted to validate the effectiveness of financial development in reducing poverty. The study adopted a Systematic Quantitative Assessment Technique and reviewed 91 financial development and poverty alleviation articles published between 2010-2022 to provide insight into the efficacy of financial development in reducing poverty and...

Infrastructure projects encounter significant risks which often deter financiers from investing in them. To address these risks, financiers have developed and applied several strategies aimed at encouraging investment. Therefore, this study reviewed several literatures from the past ten years on the strategy used by both public and private financie...

Objective: It has long been recognized that pension systems across the emerging markets including Nigeria have undergone dramatic reforms over the last twenty-eight years. This process has mainly been fueled by the demographic problem faced by modern financial systems. Hence, this study examines the short-run and long-run dynamic of pension funds o...

This research aims to investigate whether financial remittances contributed to financial development in Nigeria during the years 1981-2021. The study utilized a combination of descriptive and inferential statistical techniques to analyze the data. It employed Augmented-Dickey-Fuller unit root test, the ARDL bounds test, and subsequent post-estimati...

Sustainability has been a trending development topic since the year 2000 following the United Nations' declaration of the millennium development goals and the discussion is getting more intense and interesting as the importance to and impact on firms and society are becoming clearer. Although its approach is similar to that of CSR, its impact and s...

In this study, the impact of workplace diversity management on employee engagement in the Nigerian public sector is examined from the perspectives of many academics. The impact of workplace diversity management constructs such as fairness, inclusiveness, equal opportunity, policies, and programs on employee commitment were examined from the perspec...

Abstract This study examines the impact of capital structure on the financial performance of Nigerian oil and gas companies. Using an ex-post facto research methodology, the short-term debt to total asset, long-term debt to total asset, total debt to total equity, and return on asset variables were investigated as proxies for capital structure and...

The study critically examines the relationship between credit management, liquidity position and profitability of some selected banks in Nigeria using annual data of ten banks over the period of 2006 to 2010. Time series properties of all variables used in the estimation were examined through Augmented Dickey Fuller (ADF) test in order to obtain re...

The paper examined the influence of internal control systems on financial performance of Nigeria’s construction firms. It utilized ridge regression to analyze data from a self-administered questionnaire administered to 305 employees at a company. Internal control had a strong positive impact on financial performance, as evidenced by an R2 of 82.92...

The emergence of new technologies, changing customer expectations, and regulatory imperatives, among others, have driven the financial industry into an era where "digital innovations" thrive, culminating in the emergence and growth of innovative products such as agency banking, mobile/internet banking, mobile money, unstructured supplementary servi...

This study conceptually examines the effect of speed of adjustments on capital structure decisions. The study provides a conceptual and theoretical underpinning focused on the review of several studies on the effect of speed of adjustments on capital structure decisions. The study discovered firm size, assets, growth, profitability, and other facto...

Decisions about financial management must consider liquidity management. A business that manages the trade-off between profitability and liquidity management could achieve the best liquidity management. To do this, this study uses a yearly panel of data from 2014 to 2021 on eight heterogeneous quoted manufacturing firms to examine the empirical rel...

Faulty board configurations associated with risk management practices are alleged to be the primary sources of most corporate failures. Therefore, experts have suggested that firms should adopt holistic risk management practices. This study investigates the interactive effect of board characteristics with risk management activities on the performan...

The economic recession in Nigeria and the effect of COVID-19 on quoted companies has brought to fore the need for an effective working capital management. Managers need to understand the dynamics of investing, financing and managing of working capital in achieving business sustainability and maximization of shareholders’ wealth. It is against this...

Economies require investments for sustainable growth and development and the capital market is one platform for the mobilization and allocation of savings critical to the growth and development. Pension fund is a long term retirement benefit for employee thus, the objective of this study is to examine the long run connection between pension fund an...

JEL classification: Q43, G10, N27, C23, O55 This study examines the dynamic impacts of oil prices on stock market development in four oil exporting sub-Saharan African countries in the period of 1989-2015. The Arbitrage Pricing Theory (APT) is used as the theoretical framework where stock market prices are hypothesized to be fully reflective of all...

This paper examines the causality between fraud and bank performance in Nigeria over the period 2000-2016 for quarterly financial data using Johansen’s Multivariate Cointegration Model and Vector Autoregressive (VAR) Granger Causality analysis. The results show a long-run relationship between the variables. Bank performance was found to be linked t...

Energy infrastructures play a crucial role in growth of domestic investment of any economy. Conventionally, most firms depend on public source of energy for production. Sequel to this, this paper examines the effect of energy infrastructure on domestic investment in Nigeria. Time series data obtained from CBN Statistical Bulletin and World Developm...

The desire to attract more customers to enhance the sustainability of the Microfinance Institutions (MFIs) financial viability and growth calls for the inclusion of non-financial products in the Microfinance Policy Framework of Central Bank of Nigeria. Findings from some developing countries show that MFIs’ non-financial products have played signif...

The study examines the impact of capitalization on bank performance of some selected commercial banks in Nigeria using econometric analysis on annual time series data of ten banks over the period of 2006 to 2014. The results from a Levin, Lin & Chu unit root test show that all the variables were non-stationary. The results from a Panel Least Square...

This study critically examines the relationship between the capital market and economic growth of Nigeria. Data are mainly obtained from secondary sources, the CBN statistical bulletin over the period of 1980–2015. The results from the augmented Dickey Fuller unit root test show that all the variables were stationary at the level except RGDP, MCAP...

This study, through the use of Vector Error Correction Model, dwell on the fraud triangle theory developed by Cressey, (1971) in examining the impact of fraud on bank performance in Nigerian banking industry using quarterly data spanning from 2000 to 2013.The study found out that the number of staff involved in fraud has a significantly positive im...

Energy infrastructures play a crucial role in growth of domestic investment of any economy. Conventionally, most firms depend on public source of energy for production. Sequel to this, this paper examines the effect of energy infrastructure on domestic investment in Nigeria. Time series data obtained from CBN Statistical Bulletin and World Developm...

This study harps on the Okun’s law to examine the patterns of economic growth in Nigeria. The study employs an augmented employment demand equation and time-series data 1980-2015. The multivariate regression techniques were used for the study. Given a one-to-one relation, our results confirm the Okun’s (1962) propositions between the growth rate an...

The desire to attract more customers to enhance the sustainability of the Microfinance Institutions (MFIs) financial viability and growth calls for the inclusion of non-financial products in the Microfinance Policy Framework of Central Bank of Nigeria. Findings from some developing countries show that MFIs' non-financial products have played signif...

An efficient financial system is essential for building a sustained economic growth and an open vibrant economic system. Countries with well developed financial institutions tend to grow faster, especially the size of the banking system and the liquidity of the stock markets tend to have strong positive impact on economic growth. Financial sector d...

The study empirically examines the impact of creative accounting on firm performance in Nigeria using econometric analysis method on annual data of seven financial institutions over the period of 2006-2011. The results from Levin, Chin Chun unit root test shows that the all the variables were non-stationary at level. The results from the panel leas...

The inflexibility of poverty is being met with increasing impatience from governments of diverse ideologies, donors and other international agencies. Recent data compilations show that many poor and non-poor people in many developing countries face a high degree of financial exclusion and high barriers in access to finance. Therefore, financial inc...

This paper seeks to investigate Small and Medium Enterprises as a veritable tool in Economic Growth and Development. A survey method was used to gather data from 200 SME/Entrepreneurial officers and Managers from five selected local government in Nigeria namely; Ijebu North, Yewa South, Sagamu, Odeda and Ogun Waterside Local government. Data was co...

This paper examines the optimum level of capital structure through which a firm can increase its financial performance using annual data of ten firms spanning a five-year period. The results from Im, Pesaran & Shine unit root test show that all the variables were non-stationary at level. The study hypothesized negative relationship between capital...

This study intends to critically analyze the relationship between perceived attributes as factors and consumers' engagement with electronic banking technology. A survey method was used to gather data from 200 secondary school teachers from five selected local government in South-Western part of Nigeria namely; Ibadan North, Egbeda, Ido, Ibadan Nort...

This paper seeks to critically investigate the impact of small and medium enterprises as a veritable tool on Economic Growth. A survey method was used to gather data from 200 SME/Entrepreneurial officers and Managers from five selected local government in Nigeria. Data was collected with a structured questionnaire and analyzed with several descript...

The demand for money plays a major role in macroeconomic analysis, especially in selecting appropriate policy. This brings in the demand for money function which expresses a mathematical relationship between the quantity of money demanded and its various determinants; interest rate, income, price level, credit availability, frequency of payments et...

This paper analyses the impact of crude oil price, stock price and some selected macro economics variables on the growth of Nigeria economy from 1980 – 2010. Using Johansen cointegration, unit root test and error correction model, it was found that crude oil price, stock price and exchange rate have significant influence on the growth of the Nigeri...

Generally, both fiscal and monetary policies seek at achieving relative macroeconomic stability through maintaining stable prices or low and stable inflation. In the light of this, this study empirically investigates the impact of inflation and monetary policy on economic growth performance in Nigeria with the use of econometric technique -O L S me...

This study attempts to empirically examine the trends as well as effects of government spending on the growth rates of real GDP in Nigeria over the last decades (1970-2008) using econometrics model with Ordinary Least Square (OLS) technique. The paper test for presence of stationary between the variables using Durbin Watson unit root test. The resu...

Economists believe that money supply or money stock relates to the total amount of money available in an economy at a particular point in time either exogenously determined by the Central bank or endogenously determined by changes in the economic activities, which affects people's desire to hold currency relative to deposits or rate of interest. Th...

This paper critically examines the causal relationship between Climate Change, ICT and Global Labour Mobility in an exploratory manner. It was discovered that ICT is a major determinant of labour mobility across borders and it has contributed immensely to the phenomenon of brain drain. It has also created avenues for repatriations of gains accruabl...

This paper attempts to empirically examine the impact of investment and inflation on economic growth performance as well as showing the trend analysis between inflation and investment in Nigeria from 1981 to 2006 using econometrics model with Ordinary Least Square (OLS) technique. In an attempt to establish long-run relationship between investment,...