Money and Banking - Science topic

Deposit money banks are currently grappling with significant challenges in enhancing their employees' skills amidst a fiercely competitive business environment. In response, these banks have implemented various talent development strategies, such as empowerment, succession planning, and training and development, aimed at boosting employee commitmen...

This study seeks to investigate the effect of deposit money bank lending on the growth of the private sector in Nigeria. Using time series data from 1995 to 2020, the study applied both descriptive statistics and regression analysis to achieve this objective. Descriptive statistics show that the series are typically distributed. In order to check t...

The financial performance of the Nigerian banking industry has shown resilience in the face of economic and regulatory challenges. However, the industry faces persistent challenges such as high non-performing loans (NPLs), foreign exchange instability, and inflationary pressures. This research examined the effect of Value Added Distribution on the...

The implementation of digital financial innovations presents significant challenges for financial institutions, particularly in enhancing customer satisfaction, service quality, and customer retention. This study examines the impact of digital banking revolutions proxied by Mobile financial services, online banking and digital payment systems on th...

This study examined the impact of leadership styles (transformational, transactional, and democratic) on finance and accounting specialists' productivity and commitment in selected deposit money banks in Akure, Ondo State, Nigeria. The study employed a cross-sectional survey approach. Data was collected from 179 employees through structured questio...

The function of the financial sector of any economy cannot be over emphasized, for an effective, efficient and sound financial system in any economy, monetary policy is the basic tool to be employed. This work examines the effects of monetary policy rate, cash reserve ratio, liquidity ratio and loans to deposit ratio on the performance of DMBs. The...

This study examines the impacts of credit risk management on the growth of Nigerian banks. Specifically, the study focused mainly on the impacts of credit risk management among Deposit Money Banks in Nigeria. The study employed an ex-post facto research design, utilising secondary data from the financial information of 14 selected listed Deposit Mo...

The study looks at how organisational performance and core competency relate to one another in the Nigerian banking sector. Companies are always looking for ways to boost their long-term financial success. Organisations must put more effort into developing their core skills if they want to increase their value, variety, and extensibility; otherwise...

The study examined the relationship between psychological contract and employee retention of Deposit Money Banks in Delta State. The study used a cross-sectional survey research design method. The target population for this research includes all 411 employees from selected deposit money banks in Asaba, Delta State. The sample size of 203 was determ...

This study reviews the impact of capital structure on commercial bank liquidity management in Nigeria. Focusing on eight Nigerian Deposit Money Banks over the period 2006-2021, the paper investigates how financing decisions-captured through the debt-to-equity and leverage ratios-influence profitability, measured by Return on Equity (ROE). Drawing o...

The predictability of accounting information and its impact on market share prices of deposit money banks in Nigeria has been a topic of scholarly debate with varied conclusions. This study aimed to clarify this relationship by examining two forms of accounting information predictability: Book Value (BV) and Return on Assets (ROA). Utilizing data f...

The study investigated the effect of bank distress on bank performance in Nigeria. In specific terms, the study examined the effect of non-performing loan on bank performance, investigate the effect of financial leverage on bank performance and evaluate the effect of liquidity on bank performance in Nigeria. The study cut across five banks in Niger...

The study evaluated the effect of credit risk management on financial performance of selected deposit money bank in Nigeria from 2000 to 2023. The objectives include to: evaluate the effect of non-performing loan on return on asset of the selected deposit money bank in Nigeria, examine the effect of provision for bad debt on return on assets of the...

This chapter offers a critical analysis of the modern monetary system, contrasting fiat currency with gold-backed money. Jordi Franch argues that the historical link between money and gold ensured stability, consumer and saver sovereignty, and resistance to inflation. In contrast, fiat money—created by central banks without intrinsic value—enables...

This study examines how employees' green behavior at Deposit Money Banks in Southwest Nigeria is impacted by Green Human Resource Management (GHRM) regulations. It looked specifically at how green recruitment, training, performance management, and remuneration policies influence ecologically friendly habits in the workplace, such as energy conserva...

This study examines how employees' green behavior at Deposit Money Banks in Southwest Nigeria is impacted by Green Human Resource Management (GHRM) regulations. It looked specifically at how green recruitment, training, performance management, and remuneration policies influence ecologically friendly habits in the workplace, such as energy conserva...

We investigated the impact of sustainable banking practices on bank stability in the Nigerian banking sector. We focused on data from 2012 to 2022, which were extracted from the balance sheets of deposit money banks in Nigeria. We employed the Dynamic Ordinary Least Squares (DOLS) estimator with E-Views to analyze the data. Our findings show that e...

Financial institutions worldwide have been characterized by high level of fraudulent activities arising from weaknesses in the internal control processes that have been put in place in the financial organizations to help achieve the set goals and objectives. This paper investigated the influence and effect of the internal control system on fraud pr...

Banking sector contributes to economic growth of developed, emerging and developing economies. by acting as an intermediary in facilitating the movement of funds from surplus units to decit units. However, the Nigerian banking sector has been plagued with incessant frauds which had undermined its smooth operations leading to huge loss of money ann...

Introduction: To ensure that suspicious actions are identified and reported and stop banks from utilizing money, banks are dedicated to anti-money laundering procedures. Banks find it difficult to track transactions suspected of being linked to money laundering using traditional methods alone. As a result, authorities tasked with combating money la...

This study examined effect of audit committee characteristics on audit quality of quoted deposit money banks (DMBs) in Nigeria. Specifically, the study examined effects of audit committee size and audit committee financial expertise on audit quality. The study adopted ex-post facto research design. The population of this study comprised of all the...

The rapid digitization of assets has given rise to an alarming surge in corporate risk. The looming threat of data breaches and financial losses due to cyber theft has reached unprecedented levels. Cybersecurity has also evolved from being merely an IT issue to becoming a significant business concern that should be integrated into the auditing proc...

This study examines the moderating effect of ownership concentration on the relationship between intellectual capital (IC) and firm value (FV) in Nigerian Deposit Money Banks (DMBs). Intellectual capital, encompassing human, structural, and relational capital, is increasingly recognized as a critical driver of organizational value, particularly in...

One of the most serious challenges facing the Nigerian financial sector is the large volume of non-performing loans, which jeopardizes not only the banking sector's efficiency and growth but also the country's economic growth and development. Non-performing loans are a key indicator of the health of the banking system. The phenomenal increase in no...

This paper assessed the impact of the usage of financial services on agricultural productivity in Nigeria using annual time series data spanning the period of 41 years, from 1982 to 2022. Basically, agricultural credit guarantee scheme fund, deposits of rural bank branches, private sector credit to agricultural sector and loans of rural branches of...

This study assessed the impact of organizational justice on employees' performance in Money Deposit Banks in South-east Nigeria. Using a descriptive research design, we adopted both descriptive and inferential statistics to answer the three research questions and test the hypotheses. Primary data was generated from a sample of 384 respondents selec...

The study proposed a framework on the moderating effect of inflationary trend on the relationship between financial risk and the financial performance of Nigeria listed deposit money banks. Literature has shown that financial risk parameters are very essential factors that adversely affect corporate firm financial performance. However, the main obj...

To remain competitive and profitable, deposit money banks need to design, develop, and adopt new processes, products, and technology that ensure greater efficiency and performance. Thus, this study investigates the relationship between technological innovations and corporate performance of deposit money banks in Nigeria. The specific objectives wer...

This study explores investment decision-making strategies employed by mobile money agents in Nigeria, with particular emphasis on the impact on agent capabilities and risk and uncertainty. The theoretical framework integrates transaction cost theory and the Modigliani-Miller theorem, highlighting the role of cost efficiency, financial structures, a...

Reliable financial reports are vital for maintaining the confidence of the relevant stakeholders. Challenges such as aggressive earnings management, regulatory pressures, and systemic corruption can compromise the reliability of financial reports, raising questions about the effectiveness of existing audit mechanisms and the independence of auditor...

Corporate error and managerial concerns stakeholders have expressed worry about the state of the banking industry, therefore the study looked into how board characteristics affected the deposit money banks in Nigeria's financial performance. The study's data were collected from the sampled companies' annual reports and accounts for the years 201...

Audit report lag (ARL) is a critical component of financial reporting, reflecting the time between the fiscal year-end and the publication of audited financial statements. Although, considerable research has been conducted on the determinants of ARL, gaps remain in understanding the specific effects of corporate governance metrics, particularly wit...

The banking sector is recognized as one of the cornerstones of the contemporary economy when it comes to the security of investor funds and deposits. To guarantee the security of money, the Nigeria Deposit Insurance Corporation and other regulatory bodies have put in place a variety of adjustments and regulations. Numerous environmental factors hav...

Monetary policy is one of the most critical tools used by central banks around the world to regulate economic activity and achieve macroeconomic stability. Despite the Central Bank of Nigeria's (CBN) sustained efforts to regulate the economy through monetary policy, the impact of these policies on commercial bank lending has been inconsistent and,...

Following the implementation of IFRS by the federal government of Nigeria in January, 2012, all listed firms within the country are mandated to comply with IFRS standards. However, this has not been fully achieved as revealed by several reports on the low level of compliance with IFRS 7 disclosure requirements by listed Deposit Money Banks (DMBs) i...

This study examines the impact of auditor independence on the financial performance of listed deposit money banks in Nigeria, with financial performance measured by Return on Assets (ROA). Using a panel data approach, the study analyzes the annual reports of 12 Nigerian banks from 2013 to 2023. The results show that non-audit fees and auditor rotat...

The study examines the relationship between board diversity and financial instrument risk disclosure (FIRD) of listed deposit money banks in Nigeria. The study employed a descriptive and explanatory research design and the data were generated from annual reports and accounts of sampled firms. Descriptive statistics and regression analysis were used...

This study explores the influence of various electronic banking instruments Automated Teller Machines (ATMs), Internet Banking, and Point-of-Sale (POS) systems on the financial intermediation function of banks in Nigeria. The dataset were sourced from CBN statistical bulletin spanning from 2009Q to 2019Q. the study employed OLS statistical techniqu...

This study interrogates the effect of ownership structures on tax evasion in Nigerian deposit money banks, focusing on the effects of block ownership, board ownership, institutional ownership, government ownership, and foreign ownership. Utilizing an ex-post facto research design, we collected and analyzed annual time series data from 2012 to 2022...

This study examined the effect of board managerial ownership on tax compliance in Nigeria banking sector. The study used Effective Tax Rate (ETR) as a proxy for tax compliance, while block board managerial ownership (BBMO) served as the explanatory variable. Data spanning from 2012 to 2022 were gathered from the financial reports of nineteen deposi...

This study investigates the moderating effect of capital adequacy on the relationship between liquidity management and firm value among listed deposit money banks (DMBs) in Nigeria. Using a longitudinal research design, the study analyzes data from 14 quoted DMBs on the Nigerian Exchange Group (NGX) for the period 2013 to 2023. The study adopts dyn...

This study set out to investigate the connection between Nigerian deposit money banks' financial success and their dividend policies. This is accomplished by reviewing existing theoretical and empirical the signaling hypothesis served as the foundation for the study and the creation of literature.

This study examines the impact of Financial Technology (FinTech) on the financial performance of deposit money banks in Nigeria. A survey research design was used to collect data from 150 respondents randomly selected across six banking institutions operating in Nigeria, chosen using a homogeneous purposive sampling technique, with each bank provid...

Despite having investments in safe, high-yielding, illiquid assets, many banks are bankrupt. Because of sudden withdrawals and a lack of liquid capital, some banks incur a large loss when they take out emergency loans, even when they have a lot of assets. This study therefore examined the impact of liquidity management on financial performance of d...

The rise in the number of deposit money banks in Nigeria prompted by the entry of foreign and private banks; the consolidation of existing banks and the establishment of new local banks has increased competition in the banking sector in Nigeria. Unfortunately, the conventional means of capturing the attention of bank customers and enhancing sustain...

The paper examines the effect of credit risk management on share value of listed deposit money banks in Nigeria. The population of the study is made up of all listed deposit money banks with international authorization which are the sample of the study. The multivariate regression and correlation matrix have been used in analyzing the data collecte...

The study was carried out to examine stress management strategies and employee retention in Deposit Money Banks, Delta State. Other specific objectives were: to evaluate the effect of work environment on employee retention and to determine the extent to which proactive wellness strategies could influence employee retention. The study was conducted...

The effect of liquidity risk management on the profitability of quoted Nigerian money banks was examined in this study covering the period from year 2011 to 2020. Ten banks among thirteen listed Nigerian deposit money banks were purposively selected for analysis. The research utilised regression, and descriptive statistics to estimate the data. Liq...

The Nigerian banking sector has experienced significant financial crises, including fraud and excessive earnings management, which have eroded stakeholders' trust in financial statements and raised concerns about the effectiveness of auditor regulations and corporate governance. This study investigates the impact of auditor regulations and corporat...

Banking industry try to serve the interest of many stakeholders like: customers, shareholders, investors, government and so on by finding possible ways of improving their financial performance on daily basis. This study aimed at determining the effect of administrative innovation on the financial performance of deposit money banks (DMB) in Nigeria....

This study examined the effect of macroeconomic variables on financial performance of deposit money banks in Nigeria. The specific objectives of the study were: to determine the effect of interest rate, to ascertain the effect of exchange rate; to determine the effect of inflation rate; and to examine the effect of economic growth rate on the finan...

The difficulties in financial structure mix decision have contributed to the failure and decline of Nigerian deposit money banks. Therefore, this study appraised the influence of financial structure (long-term as well as short-term debts to equity ratios) on the market value (Tobin Q and share price) of listed banks. The objectives were to ascertai...

Purpose: The purpose of this study is to examine the effect of cashless policy on financial sector development in Nigeria specifically it sought to examine the effect of mobile banking automated teller machine and point on sale on financial sector development in Nigeria. Methodology: The study adopted VAR methodology coupled with the the Philips-Pe...

This study is to examine the moderating role ownership concentration of the board characteristics and financial value of listed deposit money banks in Nigeria and to fills the gap of variation in value across different banks by determining the moderating effect of ownership concentration on board characteristics represented by board size, board ind...

In line with the global shift in banking industry from bureaucratic and rigid organizational culture to innovative culture, the Central Bank of Nigeria (CBN) launched series of innovative ideasto harmonize e-payment and e-collection of funds into the Treasury Single Account to ensure transparency of government revenue. However, despites these effor...

This study examines the effect of Corporate Social Responsibility (CSR) disclosures on the financial performance of listed Deposit Money Banks (DMBs) in Nigeria, with a particular focus on the moderating role of board independence. The study uses secondary data collected from the annual reports of 14 listed Nigerian banks between 2014 and 2023. A p...

The study investigated the effect of mobile banking on customer satisfaction of selected deposit money banks (DMBs) in Gombe state. Customer satisfaction is an important word specifically in the science of business marketing, many people tried to know customer Satisfaction by trying to know what customers are saying on a product or service. The ind...

The study mainly assessed the role of bank size on deposit money banks performance and GDP growth rate in Nigeria. The Panel ARDL method was deployed to analyse the relationship between capital adequacy, bank performance, and selected macroeconomic variables. The study utilized data from the Annual Reports of banks in Nigeria spanning from 2008 to...

The nation's developmental progress relies heavily on the financial sector and effective financial management, allowing bank expansion and achieving performance goals. This study examined the impact of financial management practices on the expansion of deposit money banks in Nigeria, using secondary data from annual financial statements between...

This study examined the effect of risk management committee attributes on earnings quality of listed deposit money banks in Nigeria. The study covered period of 13 years from 2010 to 2022 and descriptive research design was adopted. 10 banks out of 14 listed deposit money banks in Nigeria were selected as sample and the data were extracted from the...

The issue of bank failure due to low level of liquidity has been an age-long challenge bedeviling the Nigerian banking sector. Hence, this study examined the linkage between money market and the liquidity of some selected quoted banks in Nigeria. Specifically, the study assessed the impact of deposit money banks' working capital on savings deposits...

The main motivation of this study stemmed from the researchers' quest to establish statistically whether the number of fraud cases, actual losses incurred, and the number of ATM frauds that occurred in banks could provide empirical proof as appropriate determinants of bank fraud and also ascertain the extent of influence these variables exerted on...

This study examines the relationship between corporate governance and compliance with financial instruments disclosure in Nigeria's listed deposit money banks. The study uses a population of 14 listed banks, applying a census sampling technique over a period of 11 years (2012-2022). Descriptive statistics, Spearman correlation, and a random-effects...

This study investigated Credit Management and Firm’s Financial Performance of Deposit Money Bank in Nigeria. The study was guided by Information Asymmetry Theory and Transaction Cost Theory. An ex-post facto research design was used in the study. The population of the study was all commercial banks in Nigeria with a total of twenty-four (24) banks...

We investigated the relationship between corporate governance mechanisms and bank performance in the Nigerian banking sector. We focused on data from 2012 to 2022 extracted from the balance sheets of deposit money banks in Nigeria. We employed the Generalized Method of Moments (GMM) with Stata 13 and Python library to analyze the data. The research...

The research investigated how mobile banking adoption by Nigerian banks has aided the banks' customer satisfaction and retention. The study made use of five deposit money banks in Nigeria namely Guaranty Trust Bank (GTB), Zenith Bank PLC, United Bank of Africa PLC (UBA), First Bank of Nigeria PLC, and Access Bank PLC, all located in Ota, Ogun state...

This study investigates the impact of digital currency on deposit money banks in Nigeria from 2010 to 2023. Employing a quantitative approach, the study utilizes econometric analysis, specifically the Ordinary Least Squares (OLS) method, to examine the relationship between digital currency transactions, money supply, interest rates, and deposit mon...

The study examined the influence of firm characteristics on the asset growth of quoted deposit money banks in Nigeria. This study adopted an ex-post facto research design and embraced a whole population size of 13 Deposit Money Banks quoted in NGX Group as at December 31, 2022. The sample size comprises nine banks via random sampling since data wer...

This study was carried out to examine the effect of portfolio management on the performance of listed deposit money banks (DMBs) in Nigeria. The study anchored on the Modern Portfolio and Shiftability Theory adopted an ex-post facto approach. Hence, data were collected from the annual reports and accounts of banks with international authorization f...

Risks management have continued to gain attention from various stakeholders and from financial regulatory compliance perspectives. The Basel accord, international standards setting bodies such as IFRS, and various country's central banks had at one time or the other formulated frameworks for the effective management of risks for banks and other fin...

Introduction: Clear and well-defined policies regarding working capital management are imperative for organizations. The efficient management of working capital not only enhances a bank's financial performance but also fosters customer confidence, facilitates the payment of short-term debts, and contributes to sectoral growth and national developme...

The study examines the effect of firm’s specific dimensions on market share price of listed financial service firms in Nigeria. The study adopts correlation quasi-experimental research design. The population of the study was made up of the entire listed financial service firms in Nigeria which stands at 56 as at 31st December 2022. This includes de...

The study investigated the effects of managerial ability on the financial reporting quality of deposit money banks in Nigeria between the period of 2018 and 2022. The study used descriptive and inferential statistics whereby secondary data collected from financial statements of 11 deposit money banks listed on the Nigerian Exchange Group were used...

This study investigated the determinants of corporate social responsibility of listed deposit money banks in Nigeria. This study employed correlational research design with a view to assessing determinants of Corporate Social Responsibility of listed Deposit Money Banks in Nigeria. The population of the study comprises of 14 listed DMBs that have a...

The study examined corporate governance mechanism and non performing loans of publicly listed deposit money banks in Nigeria ... Four governance mechanisms were used such as board size, gender diversity, independence and audit committee. This study used quantitative designvia across sectional and expost facto design and secondary data formed the ba...

Electronic banking has become an important issue in gaining a competitive advantage while maintaining and growing overall effectiveness of banking sector. Despite the importance of electronic banking, the banking sector has continued to face challenges, such as long queues in certain banking halls, excessive cash handling by customers, and frequent...

ABSTRACT This study analyzed the causal relationship that exists between capital adequacy and performance of selected deposit money banks (DMBs) in pre and post-2005 recapitalization in Nigeria. The specific objectives were to: (i) assess the causal relationship that existed between capital adequacy ratio and asset quality of selected deposit mone...

The sustainability of any economy is a major concern to her inhabitants. This is possible when the environment is peaceful and conducive for operations. The sustainability of the economy without hampering the future has become worrisome in the midst of the dwindling performance of the economy bringing divergent views of accounting scholars. The obj...

This paper examines the executive pay-performance relationship among listed deposit money banks in Nigeria. It also investigates other possible determinants of executive pay, as well as factors that moderate the pay-performance relationship. Results from the dynamic panel GMM regression indicate that excessive pay does not match performance, as pay...

Purpose: Extant studies have investigated the determinants of firm performance; however, limited studies have focused on CEOs' political connections, especially in Nigeria, despite the postulation that the invisible hand of politics controls the economic sector. Our study fills the gap in the literature by examining the effect of the CEO's politica...

The goal of this study is to assess the moderating impact of board autonomy on the association between credit risk and banks' financial performance. The dataset include 12 listed banks in Nigeria from 2012 to 2022 utilizing non-performing loans, loan loss provision and insider lending as surrogates for credit risk exposure, while board independence...

This study analyzed the effects of risky assets on bank stability in Nigerian banks from 2010 to 2022, using capital adequacy (CBST) and Z-score (ZBST) measures of stability. Risk-weighted assets (RWA) were the key independent variable. The analysis employed panel unit root tests (Levin, Lin & Chu) and Pedronicointegration tests, with long-run para...

The study investigated the nexus between supply-side factors and financial inclusion of Micro, Small and Medium Enterprises (MSMEs) in Southwest, Nigeria. The study population comprised MSMEs and Deposit Money Banks (DMBs). Using survey research design and structured questionnaires, a multistage sampling technique was adopted to collect data from b...

The study looked at the impact of financial assets (FA) on the financial performance (FP) of Nigerian deposit money banks (DMBs) from 2013 to 2022 (10 years). The study's specific goal is to investigate the coexistence of financial asset measurements [Cash Equivalents (CE), Trade Receivables (TR), Loans and Advance (LAD), and Foreign Bank Deposit (...

Financial risks have significantly impacted the profitability of deposit money banks (DMBs), particularly through operational and solvency risks. Traditional operational pitfalls, coupled with challenges in compliance and environmental disturbances, contribute to operational risks that jeopardize the stability of the banking system. Solvency risks...

The objective of the paper is to examine the effect of corporate social responsibility on financial performance of listed deposit money banks in Nigeria. Data were extracted from published financial statements of 12 deposit money banks listed in Nigeria Stock Exchange. The dependent variable of firm financial performance proxy with accounting ratio...

The Effect of Liquidity Management on the Profitability of Deposit Money Banks in Nigeria, the problem of most Nigerian money deposit banks is that they tend to focus more on profit maximization than taking liquidity measures to meet the demands of their customers and fulfilling their obligations to their clients as at when due and in that process,...

The vulnerability in the global banking system due to the collapse of banks which occurred in recent time has threatened the sustainability of the global financial system which has already been severely tested by high inflation and interest rate. This study examined the effect of risk management on the financial sustainability of listed Deposit Mon...

This study investigates the relationship between corporate governance (CG) and banking system stability in Nigeria. While previous research has explored this connection, there remains a gap in our understanding of how speci�ic CG practices in�luence stability in the Nigerian context. This study aims to address this gap by examining the impact of bo...

Failures of banking institutions have been an ongoing concern in the international banking system often leading to large economic downturns. It is concerning how quickly banks might experience liquidity crises especially when monetary policy is loose and credit is liberal. The speed at which companies experience downturns is worrying although bank...

This study examined the impact of corporate social responsibility expenditure on financial performance of listed deposit money banks in Nigeria. On the methodology, the ex-post factor research design was employed in an attempt to achieving the objective of the study. A sample of eleven (11) out of a total population of fourteen (14) listed deposit...

Mergers and acquisitions appear to provide at best a mixed performance to the broad range of stakeholders involved. While target firm shareholders generally enjoy positive short-term returns, investors in the bidding firm frequently experience share price underperformance in the months following acquisition, with negligible overall wealth gains for...