Department Of Accounting and Economics Journals


A facet of corporate strategy. SEREN Journal of Management, 4(1)78-88

Alexander Olawumi Dabor and FATIMOH MOHAMMED 

ABSTRACT

The study examines Leasing as a facet for corporate strategy in Nigeria. Structured questionnaire was used to elicit responses from the field. The data generated were tested using the Z- test and ANOVA statistical tool. The analysis shows that there is a significant negative relationship between corporate performance and sale and lease back.…
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and Meshack Aggreh

Abstract

The aim of this study is to find out the environmental disclosure practices of Nigerian firms. The study focused on the oil & gas and the Nigerian manufacturing sector. The period under review is ten years. The results reveal that the environmental disclosure of manufacturing is not…
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Fountain Journal of Management and Social Sciences, 4(1), 74-91

DETERMINANTS AUDIT DELAY IN THE NIGERIAN BANKING SECTOR

 
DETERMINANTS AUDIT DELAY IN THE NIGERIAN BANKING SECTORby
Alexander Olawumi Dabor and FATIMOH MOHAMMEDis licensed…
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International Journal of Commerce and Management,3(1)1292-1905

Alexander Olawumi Dabor and The objective of this study is to examine the relationship between audit committee characteristics, board characteristics and financial reporting quality in the Nigerian banking sector. A sample of nine banks was selected using the simple random sampling technique…
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International Journal of Economics, Commerce and Management, 3(6), 634-654

Impact of Corporate Governance on Firm Performance in Nigeria

Alexander Olawumi Dabor, Musibau Akintunde Ajagbe and David T. Isiavwe

Abstract

Corporate governance is a mechanism through which corporations are governed and controlled with a view of increasing shareholder value and meeting the expectations of the other stakeholders. It is also a system having a corporate control structure combining strong leadership and operations…
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International Journal of Marketing & Financial Management, 5(5)52-65.

CHALLENGES FACING SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA

Alexander Olawumi Dabor and Alexander OSEROGHO

Abstract

st This study recommended that commercial banks should reduce requirements for obtaining for SMEs.

 

Keyword: power supply, multiple taxation, access to finance


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International Journal of Social Sciences & Educational Studies,4(1)4-32

ISLAMIC BANKING IN NIGERIA: PROSPECTS AND CHALLENGES

Meshack Aggreh

ABSTRACT

Islamic banking is consistent with the principles of Sharia which prohibits acceptance of interest on loans. Islamic finance has become increasingly significant in finance in the Western world, especially in United Kingdom, despite the regulatory…
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Nigerian Journal of Management Science(NJMS) Faculty of Management Sciences, Benue State University, Makurdi,6(1)1-12

FIRM CHARACTERISTICS, CEO CHARACTERISTICS AND THE ADOPTION OF MANAGEMENT ACCOUNTING

TEHNIQUES BY ONE-MAN OWNED FURNITURE COMPANIES IN NIGERIA

Alexander Olawumi DABOR and Eguasa Beauty Ekiomado

ABSTRACT

This study is aimed at ascertaining the effects of firm attributes on the…
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Akhalumeh, P.B., Ohiokha, F.I & Ohiokha, G. (2011),. Using Asset Management Companies in resolving banking crises: any useful lesson, AAU Journal of Management Sciences, 2(1), 139-151.

Abstract

The purpose of this study is to identify any useful lessons for Nigeria in the use of Asset Management Companies (AMC) in resolving banking crisis. This is to provide a veritable basis for the successful utilization of the Asset Management Company of Nigeria (AMCON) in…
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Akhalumeh, P. B., Ohiokha, F.I., & Ohiokha, G. (2011). Board composition and corporate performance: An analysis evidence from Nigeria. Research Journal of Finance and Accounting, 2(4), 64-73

Abstract

This study examines the impact of board composition on the economic performance of firms in Nigeria. This study is significant because it attempts to analyze the relationship between corporate governance…
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Ilaboya, O.J Ohiokha, G. & Izevbekhai, M.O (2016), Determinants of Board Size and Composition. A comparative Study of Nigerian and Malaysian Quoted Companies. Dubrovnik, Economic Thought and Practice, 25(2), 423-442.

 

Abstract

The broad objective of the study is to examine the determinants of board size and composition in Nigerian and Malaysian quoted banks. The…
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Ilaboya, O.J Ohiokha, G. & Izevbekhai, M.O (2016), Determinants of Abnormal Audit fees in Nigerian Quoted Companies. . Dubrovnik, Economic Thought and Practice, 26(1),65-82

Abstract

The aim of the study is to investigate the determinants of abnormal audit fees in Nigerian quoted companies, with specific emphasis on how the firm size, Big4, profitability, joint audit, and…
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Ilaboya, O.J Izevbekhai, M.O & Ohiokha, G. (2016). Board ethnic differentiation and firm value. International journal of Accounting and Management, Obafemi Awolowo University Ile Ife, Osun State.

Abstract

The fundamental objective of the study is to contribute to the current debate on the relationship between ethnic differentiation and firm value from a developing country perspective. The study raise…
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Lawani, A.O., Ohiokha, G. & Ohiokha, F. I. (2011). Occupational stress amongst academic staff: Effect on service delivery (A case of Auchi Polytechnic, Auchi). Nigerian Journal of Education Health and Technology Reserch (NJEHEJR) 1(2),85-90

Abstract

In this study, an attempt is made to examine the relationship between occupational stress among academic staff and the quality of services delivery.…
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Ohiokha F. I, Odion, A.O & Ohiokha G. (2011). Internal audit and audit committee functions and management effectiveness in Nigerian organizations. AAU Journal of Management Sciences, 2(1) 169-179

Abstract

This study examines the influence of internal audit functions and audit committee on the effectiveness of management in Nigerian organizations. One hypothesis is developed to examine the relationship among internal audit…
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ABSTRACT: This study investigates the challenges facing the internal audit function in Microfinance banks and how such challenges can be ameliorated to enable it play a more effective role in risk management. A survey research design was adopted for this study. Our population consists of 72 micro finance…
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Management Sciences Review, 6(1 & 2), 85-98, 2015

International Public Sector Accounting Standards Awareness Level among Accounting Students’ in Nigeria

Agbonrha-Oghoye Imas IYOHA, Ikponmwosa Michael IGBINOVIA and Prince Famous IZEDONMI

Abstract

This paper examined the level of awareness of International Public Sector Accounting Standards among Accounting Students in Nigeria Tertiary Institutions and Professional examination training centers. The paper adopted a survey design and used descriptive statistics with the aid of Statistical Package for…
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Proceedings of the 2017 International Conference on African Entrepreneurship and Innovation for Sustainable Development (AEISD) Chapter 33, 483-496.

Tax Burden, Tax Incentives and Entrepreneurial Development: Evidence

from Benin City, Nigeria

Ikponmwosa Michael IGBINOVIA and Prof. Emma Okoye

Abstract

The study examines the perception of some Entrepreneurs in Benin City, Nigeria with a view to finding out their…
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ACCOUNTING ETHICS AND THE RELIABILITY OF FINANCIAL REPORTS

Ikponmwosa Michael Igbinovia and Solomon Orhiakhi

Abstract

This study examines accounting ethics and the reliability of financial reports. Adopting an exploratory research design, which involves the review of extant literature, it is discovered that without an ethically sound framework, audit exercises may become a formality to be done because the law stipulates that companies must do so for financial statements to be presented to members.…
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International Journal of Economics, Commerce and Management United Kingdom Vol. V, Issue 6, June 2017 Licensed under Creative Common Page 78

 http://ijecm.co.uk/ ISSN 2348 0386

BOARD ETHNICITY, GENDER DIVERSITY AND EARNINGS MANAGEMENT: EVIDENCE FROM QUOTED FIRMS IN NIGERIA Enofe A. O., Iyafekhe C. & Eniola J. O.

 

 

Abstract

This study investigated board ethnicity, gender diversity in relation to earnings management in non financial firms. It specifically examined the impact of foreign directorship, female gender, board size, board…
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International Journal of Humanities and Social Science Vol. 4, No. 13; November 2014

172

Corporate Governance and Audit Report Lag in Nigeria

Ilaboya, O. J. & Iyafekhe Christian

 

 

Abstract

This study investigates corporate governance in relation to Audit report lag in Nigeria. It specifically examined the effect of board size, board independence, audit firm type, audit committee size and audit committee independence and firm size on audit report lag. The study employed time series and cross sectional…
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ESUT Journal of Accountancy, 5(2), 88-100, 2014

Assessment of Awareness Level of the International Financial Reporting Standards (IFRS) Among Accounting Students in Nigeria

 

AGBONRHA-OGHOYE IMAS IYOHA, SOLOMON ORIAHKI and IKPONMWOSA MICHAEL IGBINOVIA

 

Abstract

 

This paper sets out to Assess International Financial Reporting Standard (IFRS) Awareness Level among Accounting Students’ in Tertiary Institutions and Professional Examination Training Centers in Nigeria. The study was prompted by the dearth of research study in this area. Percentage and descriptive statistics analyses…
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Efficient Resource use: does human capital matter? The case of cassava production farmers in Oyo State, Nigeria.

 

                      Awoyemi T.T., Odozi, J.C., Atekunrin, A.O and N.C. Ehirim

 

Sustained growth in productivity is closely associated with improvement in child nutrition, adult health, and schooling. In other words, investment in human capital is at a premium in rural development. We examined the role of human capital (HC)on farmer’s resource use efficiency empirically (RUE). Population sample covered 6 local government areas…
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Abstract:

Grain is an important marketable commodity that is hampered by risk of interrelated dimensions, particularly in borderlands of West Africa. Assessing the extent of risk in borderlands can be valuable for policy-makers and likely to contribute to increased regional trade through effective management. Risk management along the grain supply chain was investigated. The methodology was qualitative using desk review of literature and field survey and interviews. While the survey revealed evidence of substantial volume of grain exchange,…
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Abstract 

Policy makers at global, national and local levels are more than ever concerned about the rising trend in child malnutrition in Sub-Saharan Africa and how it can be curtailed in the context of general food and basic-needs policies. To support programme setting at the local government level, this study was conducted to examine the relative importance of environmental and socio economic correlates of child malnutrition. Primary data were collected through a well-structured questionnaire and analysed using Z-score indices…
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Food Poverty Dynamics and the determinants across households in rural South- South Nigeria.

                                                             Odozi, J.C.

This article takes a dynamic approach to the study of poverty by investigating how households exist and stay in poverty over time in rural South South, Nigeria while focusing on the food dimension of poverty. South South region is at the center of multiple risk factors: natural, ecological, social and economic that result in highly volatile income and consumption pattern for households. Balancing potential…
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Migrant remittances and production efficiency of smallholder farmers in Nigeria.

                                   Odozi, J.C., Adeniyi, A and Yusuf S.A

 

In a credit and risk limiting agriculture, migrants to some extent, played the role of financial intermediaries, which facilitated the transition of rural households from own to commercial production. This was concomitant with household labour shortage for farm operation. Consequently, if the migration behaviour of farm households depended on how remittances figured into the calculation of net benefits, the policy objective…
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On inclusive growth in Nigeria: Equity in Modern Agricultural Input Opportunities and Determinants of Small Farmer Inclusion.

                                               Odozi J.C. and Aderonke Omotola

 

The notion of inclusive growth is a concept that encompasses equity, equality of opportunity and protection in market as well as employment transitions. In Nigeria’s agricultural sector, two noteworthy distributional aspects of programmes often targeted at farmers are that it is tax financed and sometimes subsidized for essential farm inputs and services. Given the cost and…
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The contributions of economic growth and redistribution to poverty reduction in Nigeria.

                                    Odozi, J.C., Awoyemi, T.T. and Ehirim, C.

 

A common narrative on Africa’s development process is that specific country policies of income growth and redistribution are necessary for poverty reduction. This study investigated the relative contribution of economic growth and redistribution on poverty changes over time in Nigeria. We used the national household survey data sets collected by the National Bureau of statistics. Three poverty indices (FGT)…
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Small Farmer Adaptation to Climate Change in Nigeria: Multivariate Probit Analysis of Crop Choice.

 

                                                    Odozi, J.C and Awoyemi, T.T.

 

This article examines the types of crops farmers are likely to choose and how the decision is linked to climate. General Houshold Survey data on smallholder farms collected by the National Bureau of Statistics (NBS) in 2010 was used with baseline climate observations (1950-2000) and projections (2000-2050) of the WorldClim database (WCDB), a global climate data depository for…
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Umoru D. and Janet A. Onimawo (2017), A Study on Growth and Oil Price Fluctuation in Nigeria: A Variance Decomposition Evidence. International Journal of Social Sciences & Educational Studies, Iraq. Vol. 4, No. 1, 1–11. September.

 

Abstract  

This study examines the impact of oil price shocks on economic growth rate in Nigeria using the impulse response functions and forecast error variance decomposition on quarterly data from 2000 to 2016. This study finds that fluctuations in oil prices cause…
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  1. Umoru D. and Samuel Iweriebor (2017), “Econometric Test of Arbitrage Pricing and its Volatility in the Nigeria Equities Market”, CARD International Journal of Management Studies, Business and Entrepreneurship Research, Rivers State University of Science & Technology, Port Harcourt, Nigeria. Vol. 2, No.2: 109 – 131, June.

 

Abstract 

The study is an empirical test of validity of arbitrage pricing theory (APT) in Nigerian Stock Exchange Market (NSEM) and its volatility for the sample period of 2010 to…
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Umoru D. (2013), Employment and Economic Growth in Nigeria: A Bounds Specification.  Journal of Economics and Sustainable Development, United States of America, Vol.4, No.5: 49- 61, March

 

Abstract

The paper examines empirically, whether or not employment impact significantly and positively on  GDP growth in Nigeria over the sample period of thirty-eight years. The newly developed bounds testing approach to co-integration was adopted in the study. The results obtained reveal that both the short-run and long-run growth effects of employment…
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Umoru D. and N.L Aisien (2014), The Monetary Policy Rate of the Central Bank of Nigeria (CBN) and the Nigerian Stock Market: A Structural VAR Analysis. Journal of Statistical and Econometric Methods, United Kingdom, Vol. 3, No. 3: 79 –113, ISSN: 2241– 384 (Print), 2241– 0376 (Online), August

 

Abstract

This study examines the dynamic relationship between stock market performance and the CBN monetary policy rate between the period of 1973-2012. We utilized the “all share price index” in…
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Umoru D. and A. N. Tizhe (2014), Causality Dynamics between Money Supply and Inflation in Nigeria: A Toda –Yamamoto Test and Error Correction Analysis.  Journal of Empirical Economics, United States of America, Vol. 3, No. 2: 63 – 75, July

 

Abstract

This paper examines the dynamics between money supply and inflation in Nigeria using the Toda-Yamamoto causality test and the error correction methodology from the period of 1980-2012. Causality is found to run from money stock to output…
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Umoru D. (2013), “Monetary Models and Exchange Rate Determination: The Nigerian Evidence”, International Journal of Development and Management Review [INJODEMAR], Development and Management Study Group, Federal University of Technology, Owerri, Imo State, Nigeria, Vol. 8, No. 1: 172 – 197, June

 

Abstract

This paper estimates three different monetary models of exchange rate determination for the Nigerian economy using time series data. These include the Monetary Flex-Price Model, Sticky Price Model and the Hybrid [Flex-Sticky Price] Model. Our estimates reveal…
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Kifordu A.A., Nwoye Ada-John C., and Okafor C. (2017). The Evaluation of Human Resources Management (HRM) Practices and Organizational Resilience in selected manufacturing firms in south east Nigeria. Journal of Management Research (JMR) Vol.11 January-March, 2017.

 

The Evaluation of Human Resource Management (HRM) Practices and Organizational Resilience in Selected Manufacturing Firms in South East, Nigeria

 

Abstract

The paper examined the human resource management (HRM) practices and organizational resilience in selected manufacturing firms in south east, Nigeria. The evolution…
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Odiwo Williams Omokhudu, Rev Fr. Chukwuma Stephen, Kifordu Anyibuofu Anthony(Ph.D), “The Impact of Corporate Governance on the Performance of Manufacturing Firms in Nigeria”, International Journal of Science and Research (IJSR), https://www.ijsr.net/archive/v5i9.php,volume 9, September 2016, 924-933, ISSN  2319-7064 DOI:1O.21275/ART20161412

 

The Impact of Corporate Governance on the Performance of Manufacturing Firms in Nigeria

 

 

Abstract

This paper examined the impact of corporate governance on performance of manufacturing firms in Nigeria. The study employed a cross –sectional data from a…
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 Egwenu,S., Kifordu A.A and Ukpere W. (2016), Project Control as a Technique for Organizational Efficiency: A Case study of selected firms in Delta State: Corporate Ownership and Control, Volume 13(4) 242-247.

 

Project Control as a Technique for Organizational Efficiency: A Case Study of Selected Firms in Delta State

Abstract

The focus of this study is to investigate Project Control as a technique for achieving organizational efficiency. Efficient Management of project demands that project should be executed according to specification.…
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 E. Sambo., E.U.Obijuru., O.N. Emelike and Kifordu A.A, (2017). Economic Relationship among Partnering, Trust and Organizational Efficiency in selected Construction Firms in North-East, Nigeria. Journal of Finance and Economics, Vol 5(5), pp 240-252, September, 2017

 

Economic Relationship among Partnering, Trust and Organizational Efficiency in Selected Construction Firms in North-East, Nigeria

 

Abstract

 

This study was prompted by the desire to assess the relationship among partnering, trust and organizational efficiency in selected construction firms in North-East, Nigeria. It sought…
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Chukwuma, C. S., Odiwo W.O and Kifordu A.A (2016). The impact of privatization and commercialization in Nigeria: International Journal of Management, IT and Social Sciences (IRJMIS) Volume 3(9) September, 2016, 91-102

The impact of privatization and commercialization in Nigeria

 

Abstract

This paper examined the activities/policies of privatization and commercialization of public enterprises in Nigeria and how they have affected the development of the Nation. Although, some of the problems facing public- owned enterprise were examined as well. It looked…
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  1. Kifordu A.A and Agbonrha-Oghoye Imas Iyoha(2016). Firm Financial Performance and Corporate Social Responsibility: Bidirectional Casuality? LAPAI Journal of Management Science, volume 7(1), Ibrahim BabangidaBadamosi University, Minna. Pp 143 -158.

 

Firm Financial Performance and Corporate Social Responsibility: Bidirectional Causality?

Abstract.

The study examines firm financial performance and corporate social responsibility: Bidirectional Casualty? The study employ a cross sectional research design and the data were sourced from the annual reports of all deposit money taking banks quoted…
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  1. KiforduA.A, Ugbomeh O.O and Odiwo O.W (2016).Entrepreneurship Education: A gateway towards the development of Global Economy. Journal of Entrepreneurship Research and Development (JERD), Kaduna State University, Kaduna volume 1(1), pp121 – 134

 

Entrepreneurship Education: A gateway towards the development of Global Economy

Abstract

Most successful economies are driven by high level of private sector participation in the economy alongside with good government policies and programmes driving such framework. With this era of public sector dominance…
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  1. Kifordu, A.A;Ogbo, A.I and Ukpere, W.I. (2014). The Effect of Workforce Diversity on Organizational Performance of Selected Firms in Nigeria: Mediterranean Journal of Social Sciences, MCSER Publishing, Italy (5)10, 231-236, ISSN 2039-2117

The Effect of Workforce Diversity on Organizational Performance of Selected Firms in Nigeria

Abstract

Workforce diversity includes the differences and similarities of the employees. Organizational performance is the extent to which the organizational objectives and goals are being achieved. Most business organizations fail in Nigeria…
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  1. Agbonrha-OghoyeImas Iyoha; Unuagbon Owaghianye Edosiawerie and Anyibuofu Anthony Kifordu, PhD (2016). Perception of Stakeholders on the Implication of the Single Treasury Account on the Nigerian Economy. Sahel:Analyst;Journal of Management Sciences, Vol 14 (5) Issue 5, ISSN 1117-4668 University of Maiduguri

 

 

Perception of Stakeholders on the Implication of the Treasury Single Account on the Nigerian Economy

 

 

Abstract

 

The objective of the study is to examine the economic implications of the newly introduced treasury…
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  1. Kifordu A.A.,Udoh E.,and Ogbo A.(2016). Effect of Workplace Design on Workers Performance in Manufacturing Firms in South-East Nigeria. Sahel Analyst: Journal of Management Sciences, University of Maiduguri, Borno State, Vol(14) September, 2016, p18-36.

 

Effect of Workplace Design on Workers Performance in Manufacturing Firms in South East, Nigeria

 

Abstract

 

This paper examines the effect of workplace design on performance of manufacturing firms in South-East, Nigeria. With a population of two hundred and thirty-six (236)…
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International Journal of Economics, Commerce and Management

United Kingdom Vol. V, Issue 7, July 2017

http://ijecm.co.uk/ ISSN 2348 0386

 

AGENCY COST AND DIVIDEND POLICY: EVIDENCE FROM NIGERIA

 

Omololu Hakeem Olufawoye, Agbonrha-Oghoye Imas Iyoha and Famous Izedonmi

 

 

Abstract

The study examined agency cost and dividend policy with special reference to Nigeria. The assumption that a dependent variable is explained by a particular independent variable at a time while holding others are held constant could not be true.…
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Journal of Finance and Accounting Research, 6(2), 74-93, 2014

 

DETERMINANTS OF PROFIT IN THE NIGERIAN BANKING SECTOR

 

 

Ofuan James ILABOYA and Agbinrha-Oghoye Imas IYOHA

 

Abstract

The broad objective of this study is to investigate the determinants of profit in the Nigerian banking sector. The study employed a panel research design, with bank specific and macroeconomic data sourced from annual reports and Central Bank of Nigeria Statistical Bulletin covering the period 2006 to 2012. The data…
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LAPAI Journal of Management   Sciences, 7(1), 143-158, 2016

 

Firm Financial Performance and Corporate Social Responsibility: Bidirectional Causality?

Agbonrha-Oghoye Imas IYOHA and Anyibuofo Anthony KIFORDU

 

Abstract

 The study examines firm performance and corporate social responsibility: Bidirectional causality? The study employ a cross sectional research design and the data were sourced from the annual reports of all deposit money taking banks quoted on the floor of the Nigerian Stock Exchange (NSE) covering the period 31st December, 2010 to 31st December,…
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Management Sciences Review, 6(1 & 2), 85-98, 2015

 

International Public Sector Accounting Standards Awareness Level among Accounting Students’ in Nigeria

 

Agbonrha-Oghoye Imas Iyoha, Ikponmwosa Michael Igbinovia and Prince Famous Izedonmi

 

 

Abstract

This paper examined the level of awareness of International Public Sector Accounting Standards among Accounting Students in Nigeria Tertiary Institutions and Professional examination training centers. The paper adopted a survey design and used descriptive statistics with the aid of Statistical Package for Social Sciences (SPSS…
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Quarterly Journal of Contemporary Research, 1 & 2 (1), 181-195, 2016

 

OWNERSHIP STRUCTURE AND ENVIRONMENTAL DISCLOSURE PRACTICES OF OIL AND GAS COMPANIES IN NIGERIA

 

AGBONRHA-OGHOYE IMAS IYOHA and SAMSON OLISENEKWU OSAKWE

 

Abstract

The objective of this study is to examine the effect of ownership structure on environmental disclosure practices of oil and gas companies in Nigeria. Specifically, the study evaluates the effect of several ownership types such as; foreign ownership, managerial ownership, institutional ownership and government ownership…
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Sahel Analyst: Journal of Management Sciences, 14 (5), 58-73, 2016 Retrieved from www.sajms-fmsunimaid.com

 

PERCEPTION OF STAKEHOLDERS ON THE IMPLICATION OF THE TREASURY SINGLE ACCOUNT ON THE NIGERIAN ECONOMY

 

Agbonrha-Oghoye Imas Iyoha, Unuagbon Owaghianye Edogiawerie and Anyibuofo Anthony Kifordu

Abstract

The objective of the study is to examine the economic implications of the newly introduced treasury single account in Nigeria. Despite the fact that Nigeria is just adopting the practice, it is not a new phenomenon as it…
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ODIWO, O.W. and EZEWELE, S. E. (2009), Social Responsibility   and Challenges of Enforcing Organizational  Goals in Journal of Globalization and Development in Africa, Volume2, December, pp.88-97 ISSN21412707  

ABSTRACT

This paper takes a critical at the dimensions of social responsibility and the challengers of enforcing organizational goals in Nigeria. Business leaders are expected to develop strategy policy as regards it role in the environment where it is operating. Such policy formulation is in the area of social responsibility that…
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Anyebe,S; Odiwo,W.O;Aronokhale,P.F&Ugbomhe, O.U (2017) Challenges Of Solid Waste Management In Urban Market In Nigeria: A Study Of Ogbete Main Market, Enugu, NIGERIA:Sahel Analyst Journal Management Sciences( vol.14 No3 , 2016) University of Maiduguri ISSN 1117-4668

 

Abstract

The study sought to determine the composition of solid waste in Ogbete Main Market, Enugu, ascertain the challenges encountered in solid waste management in Ogbete main Market, and determine the solid waste management process in Ogbete main market, Enugu. Probability sampling method was…
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ODIWO, W.O & OMORISIUWA, M.O.(2013) Effectiveness of queuing model of the waiting lines in the bank ,Benin city, Africa Journal of physical sciences volume 4 pp 22-32 ISSN:2141-0100

 Abstract

The study examines the effectiveness of queuing models in the establishment and services organization. It attempts to find a balance between cost associated with having to wait for services and the cost of providing a fast service. Queuing model are set of tools for analyzing such problems concerned with providing…
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ODIWO,O.W. and EZEWELE, S. E .(2009) , Social Responsibility   and Challenges of Enforcing Organizational  Goals in Journal of Globalization and Development in Africa, Volume2, December, pp.88-97 ISSN21412707 

Abstract

This paper takes a critical at the dimensions of social responsibility and the challengers of enforcing organizational goals in Nigeria. Business leaders are expected to develop strategy policy as regards it role in the environment where it is operating. Such policy formulation is in the area of social responsibility that…
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OGUNODE and ODIWO, O W. (2013). Consumer Behaviour and its implication for the environment in Knowledge Review ISSN 1595-2126

Abstract

The study of consumer behavior is primarily concerned with finding out how individuals, groups and organizations select, buy, use and dispose of goods, services, ideas or experiences in orders to satisfy their needs and wants. This paper focuses on the impact of the process of producing and consuming of goods and services on the environment in which we live.…
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ODIWO,O W. and OMORISIUWA, M.O .(2013) Business and poverty in Nigeria, a historical approach in Knowledge Review ISSN 1595-2126

Abstract

Business is any activity that an individual engages into hat leads to the satisfaction of human wants. Poverty is a situation when a person is not able to meet up his basic needs of food, shelter, clothing and subsistence employment; he can be said to be a poor person. The dimension of poverty ranges from infinity complex and personality…
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ODIWO, O.W. and Mr. ENABULELE, D.O (2011) Due Process in Government, Procurement Challenges and its Implementation in Nigeria in Benin Journal of Social Sciences ISSN 1118-8996

 Abstract

The main objective of the paper is to do a theoretical discussion of Due Process in government procurement vis-à-vis challenges its implementation in Nigeria. It becomes necessary that contract; government agency should have proceedings, transparency without favoritism and corruptible tendencies, which should be implementable and enforceable in Nigeria. The paper examines…
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KIFORDU, A.A., UGBOMHE, O.O and ODIWO, O.O (2016). Entrepreneurship education; a gate way toward the development of global economy, Journal of entrepreneurship research & development Vol. 1 no 1 pp121-134

Abstract

Most successful economies are driven by high level of private sector participation in the economy alongside with good government policies and programs driving such framework. With this era of public sector dominance and shrinking economic activities in our country, a lot of attention needs to be focused on…
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EHIOROBO, O.L. and ODIWO,O.W.(2011).Organizational Learning and Learning Organization Paradigm for Organization Competitiveness in Benin Journal of Social Sciences ISSN1118-8996

ABSTRACT

Despite the growing popularity of the term “Organizational Learner”, wittings on the topic have little consensus in terms of definition, perspective, conceptualization, and methodology. This paper examines the dichotomy between the two main streams of theorizing in the field. The first stream is the learning organization which is concerned with how an organization should learn. The second stream is…
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ODIWO,O.W. and OMORIUSIWA ,M.O .(2013) Optimization system of a production company in Edo cement companies Limited in Benin Journal, University of Benin, Benin City, Nigeria ISSN1118-8995

ABSTRACT

The major problem of business organization is to seek or minimize a specific quantity of the objective that depends o a finite number of input variables. The modern production companies today are faced with production amongst various individual companies involved. Managers are guiding a way of reducing cost from equipment and making…
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Kifordu A.A., Ohiomu S. & Oshoke S. (2017), Assessment of Entrepreneurial Education and Diversity Management: A Gateway to Sustainable Development in Nigeria; Int’l Journal of College and University (IJCU), Boston, USA  Vol. 4, No. 1 Pp. 46 – 51 ISSN 2395-7492http://ijcu.us/online/journal/index.php/irjmis

 

Abstract

The study assessed the contributions of entrepreneurship Education course in enhancing management/ entrepreneurial skills of informal entrepreneurs and diversity management. Informal entrepreneurs are those who passed through the technical/vocational schools and have certificates with which they…
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Ohiomu, S. and Ihiensenkhien, A, O. (2017), Dynamic Simulation on Import Demand Model: Empirical Evidence from Nigeria. IOSR Journal of Economics and Finance Vol.8 No 4 Pp. 10 – 19 www.iosrjournals.org

 

Abstract:

The paper dwells on dynamic simulations for import demand model in Nigeria. The work uses the methodology of Error correction model (ECM) in conjunction with diagnostic tests of variables using Augmented Dickey–Fuller unit root tests and Johansen Co-integration tests to estimate the model for robust…
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Ohiomu, S. and Sede P. (2015). Efficacy of Monetary Policy in Balance of Payment Adjustment in Nigeria 1981 – 2012: An Empirical Assessment. Uniben Journal of Humanities Vol. 3 No.1, 2015, Pp 65 – 81 ISSN: 2315-621X www.uniben.edu.ng

Abstract

This paper investigated the efficacy of monetary policy in balance of payments adjustment in Nigeria. Quarterly data from the CBN statistical bulletin spanning the period 1981 to 2012 were used. The elasticity, absorption and monetary approaches to the balance of…
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Abstract
This study analyzes fiscal federalism and economic growth nexus in Nigeria to synthesize the extent to which revenue allocation formula has affected the path of economic growth and sustainable national development. The work uses the methodology of Error correction model (ECM) in conjunction with diagnostic tests of variables using Augmented Dickey–Fuller unit root tests and Johansen Co-integration tests for robust policy recommendations. Using the Gross Domestic Product (GDP) as the dependent variable and Revenue allocation to the three levels of government, inflation and lending interest…
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Abstract
Beyond the recent hike in global food prices, the markets for food commodity are likely to have entered a period of strong instability given the poor state of infrastructure and the recurrent phenomenon of seasonal variation in food. Whether the approaches based on the management of buffer stocks or the market based approach complemented by a few safety nets, the effectiveness has been limited. Yet the challenge of stabilizing prices is more than ever relevant to avoid political…
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Abstract
While the production of rice has shown increasing trend both in area cultivated and output in the last 5 decades, yield appears very low and below the average potential for the major rice producing ecologies. Changes in climate and atmospheric composition can negatively affect food supply at the household level because climatic factors are believed to be the strongest elements influencing crop yield. While Nigeria’s government recognizes climate change adaptation as an important developmental issue and the mainstreaming in economic planning begun, there is…
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ABSTRACT
A common narrative on Africa’s development process is that specific country policies of income growth and redistribution are necessary for poverty reduction. For growth theoreticians, economic growth must be pursued while for political economists, redistribution is necessary to cushion the detrimental effect of reform policies. These views appear to converge in the many policies and programmes implemented over the years by the Nigerian government. In light of this, we accounted for the effect of these variables using two recent national household survey data sets collected…
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Abstract
The aim of this article is to synthesize the various views of gender inequality and various indicators used to measure it. It argues that women lag behind men in most indicators of socioeconomic development and they constitute the majority of the poor, the unemployed and the socially disadvantaged. Productive differences as espoused by the traditional neoclassical as well as the institutions and markets advancement are not sufficient to explain gender inequality. The political economy view of power and self-interest enshrined at the household, community…
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Abstract
The study employed econometric techniques to generate information on the aggregate net economic damages and benefits of climate change on farm value. Such information is crucial to shed light on how much to compensate the sector. The study was limited to cross sectional analysis of farms at a point in time and therefore a static analysis. Climate change impact was found to be huge for the whole country with impact variation across agricultural zones. It concludes that the ability of smallholder farms to sustain…
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Abstract
Pol icy ma ker s ar e int er es t ed i n knowi ng the welfa r e ef f ect of the many devel opment p rogr ammes implement ed i n rural cent r es i n Niger i a. This s t u dy a ppli ed stochast ic dominance approach to show whether the aggrega te welfa r e in rural cent r es was bet t er t han i n u rban cent r…
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African countries recorded impressive growth rates in the 1960s and 1970s. However, the global economic crisis
of the 1980s dealt a severe anti-developmental blow on African countries. Eventually, African countries
embarked on widespread liberalization of their economies following intense pressures from Bretton Wood
institutions. This paper explores the notion that globalization have engendered the immiserization (a term used
by Karl Marx to indicate increasing misery or depth of poverty) of African countries on the one hand and
resulted in a…
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This paper seeks to investigate the empiricism behind the New National Tax Policy in Nigeria by employing cointegration
and error correction as methods of empirical estimation with an empirical strategy of disaggregation. In
line with the objective of the paper, empirical results indicate that while the policy of direct taxation is significantly
and positively correlated with economic growth, indirect taxation proved insignificant with its negative impact on
economic growth in Nigeria. The paper indeed ascertained that the tax-based revenue profile…
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In the midst of stiff global competition among industrialized
countries focuses on how Nigeria, as a developing economy develop policies
and strategies for her exports competitiveness for sustainable development.
To achieve this, this paper has estimated Nigeria’s exports competitiveness
in the World market by utilizing the Bound Testing approach. The
econometric estimate suggest that Nigeria’s exports are less competitive in
the United Kingdom but highly competitive in the United States, Japan and
Canada. Nigeria’s exports are strongly influenced by the…
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This study uses St. Louis model to econometrically answer the question of whether the Keynesian policy or the Monetarist’s policy was more efficacious on employment generation in Nigerian with quarterly data for sample period of 1992 to 2016. The empirical finding is that cumulative effects of Keynesian of increasing aggregate government spending on the growth rate of employment in Nigeria is dominant in contrast to Monetarist’s policy. The policy simulation results reported negative dynamic multiplier of -0.01 of monetary policy…
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The study uses an instrumental variable estimator to econometrically re-estimate effects of fiscal deficit financing on output growth rate plus the threshold value of such deficit financing that is consistent with growth rate of national output in Nigeria based on a system specification and theThreshold Autoregressive (TAR) specification. Estimations were done with quarterly data from 2010:Q1 to 2017: Q2. Results of likelihood ratio test validated existence of threshold effect and this implies that link between fiscal deficit financing and long-run…
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The study is an empirical test of validity of arbitrage pricing theory (APT) in
Nigerian Stock Exchange Market (NSEM) and its volatility for the sample period
of 2010 to 2014 using quarterly data on forty-two stocks listed in NSE. Using the
EGARCH model, GLS and the fixed effect panel data estimator with cross section
specific coefficients, the study validates the APT for NSEM. The policy
implication is such that the study upholds the APT theory for NSEM. Results
show money…
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We have in this paper attempted to shed empirical evidence on unresolved issues regarding the J-curve trade effect of real exchange rate depreciation with special focus on the Nigerian oil sector using the Bounds testing approach on time series data that spans over a 40-year period. Despite the well known argument that a real depreciation initially deteriorates the trade balance but through time, the trade balance improves such that the time path associated with the response of the trade balance…
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This study investigates the relation between trade liberalization and industrial development in Nigeria. Adopted in the study is the human capital model of endogenous growth with modifications for trade liberalization within the Nigerian context. In the empirical investigation, co-integration and error correction estimation approaches were carried out with the aid of the Generalized Method of Moments [GMM] estimator. A unique co-integration between industrial development and the explanatory variables in the study is found. In order to determine the short-run dynamics…
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Econometrically, we analyzed role of selected African stock exchanges in welcoming FDI inflows by estimating time-varying factor augmented vector auto-regression (FAVAR) model for 2006:Q1 to 2017:Q4. Our results support FDI being massively influenced by movements in two stock market predictors namely, stock market's size, that is, total market value of stock market's listed shares calculated by multiplying a stock market’s shares listed by current market price of one share and stock market liquidity which is total value of traded shares…
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The objective of the paper is to empirically examine the effect of FDI
and public expenditure on the Nigerian economy. The simultaneous equation
estimation was carried out in the study. From the elasticity-multiplier
coefficient table, it became obvious that infrastructure measured by power
generation is highly germane in stimulating economic growth and foreign
direct investment. The study thus recommends the need for significant
infrastructure such as power supply.


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This paper analyzes the economics of saving and consumption and its
implications for retirement planning in Nigeria with special emphasis
on the life cycle models of saving and spending patterns of the
individual worker over a period of life time. The policy stance of this
paper upholds the fact that it is never too untimely to initiate saving
for retirement. To a greater extent, it is highly desirous to sustain a
retirement saving plan needed to prepare for a financially…
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This study analyses the relationship between exchange rate misalignment and balance of payments (BOP) mal-adjustment in Nigeria over the sample period of 1973 through to 2012 using the vector error correction econometric modelling technique. The most germane result of the study is the fact that exchange rate misalignment exhibited a positive impact on the Nigerian’s balance of payments position. In addition to the VECM estimates, the Granger pair-wise causality test results also indicated a unidirectional causality running from exchange rate…
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We employed the autoregressive distributed lag [ARDL] model. This was estimated based on the Bound cointegration
technique. We indeed attempted to shed light to relationship between human capital development and
economic growth in Nigeria. Thus, while it cannot be concluded that human capital development has significant
contribution to economic growth in Nigeria because both variables of education and health were not found to be
jointly significant, it can be concluded that education has contributed significantly and positively to economic
growth…
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The paper analyzes the policy implications of the big-push model for development in Nigeria. The highlights of the analysis include existence of three inter-related perceptions namely, poverty trap, big push (BP) and takeoff. The basic idea is that poor countries are in poverty, hence needs BP linking amplified investment, leading to takeoff in national income and development. This indeed rationalizes necessity for overseas aid. In effect, minimum infrastructure and educational resources be apportioned to development programme to achieve success. However,…
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This study examines the impact of oil price shocks on economic growth rate in Nigeria using the impulse response functions and forecast error variance decomposition on quarterly data from 2000 to 2016. This study finds that fluctuations in oil prices cause swings in GDP growth rate in Nigeria. The fluctuation in oil prices also depreciates Naira exchange rate. The country should branch out its revenue sources to shield the dangle effect of the fluctuation in prices of oil.


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In this paper, we explored the J-curve effect based on Nigerian data by adopting the vector error correction methodology. The results of the study indicated a cyclical feedback between the trade balance and the real exchange rate depreciation of the Naira. However, the analysis finds no empirical evidence in favour of the short-run deterioration of the trade balance as implied by the J-curve hypothesis. Rather, what is empirically supported is the cyclical trade effect of exchange rate shocks. As it…
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This study examines and empirically estimates the relationship between inflationary
expectations and the variations in interest rate in Nigeria using the Generalized Method of
Moment (GMM) estimator. In line with the study objective, we hypothesize that interest rate
variations have no significant impact on inflation expectations in Nigeria. The results of
empirical study indicate that the effect of interest rate variation on expected inflation in Nigeria
is negative and significant. The conclusion is that variation in prime lending is a…
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The study examines the degree of significance of the capital adequacy
ratio in influencing the financial deeds of Nigerian banks by applying the
feasible GLS estimator technique on the pooled panel model for the period of
2007 to 2015. Empirical evidence supports the overriding impact of capital
adequacy in enhancing the financial deeds of Nigerian banks. Nevertheless,
the impact of the estimated capital adequacy is below 30%. The policy stance
of the empirics holds thus that depositor’s money in the…
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This study examines the inter-relationship between money supply and investment volatility in Nigeria using a restricted VAR model. With estimated VAR object of class “varest”, a restricted VAR was estimated by choosing scheme “ser”. In which circumstance, we re-estimated each equation distinctly with provision of our t-values in absolute value below the threshold value regulated by the function's argument thresh. The core condition that generated was that our variables are co-integrated. From economic view, joint dynamics of our variables that…
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This paper examines the dynamics between money supply and inflation in Nigeria using the Toda-Yamamoto causality test and the error correction methodology from the period of 1980-2012. Causality is found to run from money stock to output and inflation within the confines of the Nigerian economy. The estimated inflation elasticity of money stock is 1.002. Accordingly, increase in money supply is proportionately matched by the increase in inflation rate in Nigeria. Therefore, the study concludes that inflation is a purely…
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This study evaluated the impact of macroeconomic policy on aggregate investment in Nigeria over the sample period of forty three years. The Granger Two-Step method of co-integration and error correction estimation were adopted in the study. The study ascertained a significant positive impact of monetary policy on investment growth in Nigeria; the investment effect of trade policy is positive but insignificant while that of fiscal policy is absolutely negative and significant. Also, the results suggest that investment in Nigeria is…
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This paper attempts to analyze the labour productivity effects of health capital in Nigeria. The GMM methodology was adopted in the estimation having tested for unit root and possible co-integration. We find that health capital investment is a significant determinant of labour productivity. Evident from the hypotheses the null hypothesis of an insignificant impact of health capital investment on labour productivity in Nigeria is vehemently invalidated on the basis of a significant Wald coefficient. The analysis indicates that health capital…
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This paper performed an empirical test of the relationship between private and
public health expenditures in Nigeria. Our results reveal complementarity of inputs between
public and private health expenditures in Nigeria. The result is thus an indication that
government health investment plans crowd in private health investment spending. The
crowding in effect could be induced by government tax incentives and government regulation
(policy intervention). By economic intiution, the efficiency of private health spendings is also
a function of the weight…
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The paper explores empirically the relative effect of capital outflows on the growth rate of GDP in Nigeria. To
accomplish this task, three models of GDP growth rate were specified with each model incorporating a different
measure of capital flight from Nigeria. The variables in the models were examined for possible co-integration.
Research findings shows that capital flight impacts adversely on the growth rate of GDP and such growth rate effect
of capital outflow is significant, capital control is insignificant…
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The study empirically examines a co-integrated model of financial stability of Nigerian financial sector in relation to credit financing over the sample period 1990 to 2016. The methodology of error correction was adopted in the study. The study found that credit financing and financial stability are positively linked. Nevertheless, with ecm coefficient of 1.798, the Nigeria’s financial system is unstable; any short run disturbance to the nation’s financial sector will not be restored in the nearest future. Moreover, the coefficient…
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This research seeks to examine the impact of human development index (HDI) on economic transformation Nigeria. The paper adopted error correction mechanism to accentuate the dynamic paths of variables and aptitude of these variables to return to long-run equilibrium after a shock. From empirical results, it was found that HDI and school enrolment were most statistically significant in Nigerian growth equation. We thus recommend as a policy that emphasis human capital development in Nigeria most especially when the Nigerian nation…
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The study attempts to rationalize the impact of international trade flows on employment generation in
Nigeria within the framework of the vector error correction model. The study found that the volume of
international trade has no significant positive impact on employment generation in Nigeria. Indeed, the
recent empirical evidence is that of a significant negative employment effect of total trade volume in
Nigeria. This could be as a result of the SAP-induced trade liberalization forced on the country by the…
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The study examines post-merger activities of financial sector in Nigeria from 2001 to 2014.  The panel data fixed effect technique was utilized in the study.  By empirical standard, hypothesis of merger having insignificant impact on asset returns of Nigerian banks is rejected.  Empirically, the post-merger performance of banks is justified by the amount of shareholders’ fund, the deposit growth and least capital of money-making banking system.  We therefore recommend amongst others that the CBN should intensify efforts towards effective sustenance…
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The paper empirically examines the growth effects of government expenditure, taxation and overall fiscal adjustment in Nigeria over a sample period of thirty-years.  The Bounds co-integration, error correction modelling and model stability test framework was adopted in the study.  Some of the empirical evidences are as expected; others are new and astounding in that they contradict the theory.  In general, empirical findings are that recurrent government expenditure is growth-enhancing, capital expenditure is growth-retarding and government taxation is also growth-retarding in…
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This study analyzed the impact of microfinance banks’ credit on macroeconomic variables in Nigeria, using a quadratic regression model.  The analysis indicates that through deposit mobilization and credit delivery, microfinance banks have significantly enhanced the development of the Nigerian economy through productivity growth, employment generation, poverty reduction and investment expansion. However, the poverty reduction effect of microfinance is yet to be all round significant in Nigeria.  To sustain the significant impact, microfinance banks need to be strengthened in terms of…
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This paper employs Structural Vector Auto Regression (SVAR) methodology to analyze the effectiveness of monetary policy on balance of payments IN Nigeria over the sample period, 1985 to 2015.  The identifying restrictions were situated on the coefficient matrix of innovations.  The results of the study are straightforward.  The interest rate does explain an enormous impulse in the monetary transmission process in Nigeria.  A major empirical finding is the fact that the fact that the BOP effect of interest rate shock…
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This study examined the determinants of the volatility of exchange rate of the Naira in relation to the US dollar using time series data set that spans from 1986 through 2014.  The study estimated the volatility of the exchange rate on the basis of the threshold autoregressive conditional heterosedasticity model and the vector autoregressive model was estimated for its determinants.  The empirical findings of the study reveal that openness, exchange regime, oil price shocks and speculation are the significant causes…
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This study examine the interplay between Naira devaluation, external balance position with particular reference to the Marshal-Lerner condition and the macroeconomic performance of the Nigerian economy from 2000 through to 2015.  The study was econometrically piloted by estimating the vector error-correction autoregressive model having conducted the VEC Granger causality and block exogeneity Wald tests.  The empirical evidence supports the fact that external imbalance is mainly as a result of the downward adjustment in the official Naira exchange rate in the…
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An attempt is made in this paper to examine empirically, the relevance of the Purchasing Power Parity (PPP) hypothesis to explaining the behaviour of exchange rate in Nigeria.  To this end, we specified an econometric model using such variables suggested by theory as inflation and interest rates, the level and growth in the country’s money stock, amongst other relevant factors.  The model was estimated using non-linear least squares estimation techniques.  Data used covered the 1970-2004 sample period.  The results obtained…
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International reserves typically incude a country’s official gold stock holdings, convertible foreign currencies, Special Drawing Rights (SDRS), and net position in the International Monetary Fund (IMF), (Sodersten, 1985).


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This study ascertains the role of corporate governance in attracting banks’ returns in Nigeria from 2006-2016 using panel regression technique.  Data were collected from a sample of 21 banks listed on Nigerian Stock Exchange.  We found significant positive impact of board size, board composition, directors’ equity interest on banks’ performance in Nigeria.  Decisively therefore, we recommend increase in size of management of board as one factor for inducing banks’ return in Nigeria.


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The paper examines the link between capital structure and firm financial performance in Nigeria on basis of panel research design with secondary data spanning 2010-2014 financial year for seventy (75) sampled companies quoted in the Nigerian Stock Exchange was analysed.  The data estimation technique was the 2SLS which is suitable in study perceived not be devoid of endogeneity.  The result revealed that leverage as proxy by ratio of noncurrent liability to equity (NCLEQ) seems not to exhibit causality with financial…
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This study is an econometric exploration of the impact of differential trade preferences on the Economic Society of West African Countries with focus on the Cotonou Agreement period of 2001 to 2013.  The aim was to empirically evaluate using panel least squares regression method the degree to which the preferential trade agreement between EU and ECOWAS has affected intra-ECOWAS integration.  Given a significant interactive effect, we accept the supposition that EU exceptional trade agreements with ECOWAS countries have not significantly…
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The study analyzed the trading agreements in West Africa Monitoring Zone (WAMZ).  In particular, the study aimed to ascertain if without effects of EU preferential trade agreements is WAMZ trade diverting or creating?  The empirical finding from the study shows that WAMZ is insensitive to the link with EU in their intra-trade affair.  The study is thus reminiscent of the fact that WAMZ have not enjoyed significant inter and intra trade under the persuasion of their openness to the EU. …
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Although economic theory postulates that fiscal deficits stimulate economic growth, empirical research has been less conclusive about this relationship.  This paper therefore, examines the impact of fiscal deficit on Nigeria’s economic growth for the market based exchange rate regime period, 1986 – 2010, using the recent bounds testing co-integration approach, developed within the framework of the Autoregressive Distributed Lag (ARDL) procedure.  The results showed that (i) a long-run relationship exist between fiscal deficit and Nigeria’s economic growth (ii) Fiscal Deficit…
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This study examines the influence of EU exceptional trade agreements on intra-WAEMU trade under the influence of their openness to the EU.  The results tend to support WAEMU as trade creating to ECOWAS.  The study so recommend that, the policy of unilateral decision of products that qualify for preferential treatment by EU should be frowned upon.  We recommend stability of coverage should be sought by ECOWAS.


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This study investigated board ethnicity, gender diversity in relation to earnings management in non financial firms. It specifically examined the impact of foreign directorship, female gender, board size, board independence and firm size on earnings management. The study employed quantitative and a cross sectional survey data of non financial institution quoted in the Nigeria Stock Exchange as at 2014. Data were analyzed using descriptive statistics, correlation and multiple Least Square (MLS) regression. This study found that foreign board…
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This study investigates corporate governance in relation to Audit report lag in Nigeria. It specifically examined the effect of board size, board independence, audit firm type, audit committee size and audit committee independence and firm size on audit report lag. The study employed time series and cross sectional survey data covering five year's period (2007-2011). A total of one hundred and twenty (120) listed corporate organisations in the manufacturing sector of the Nigerian Stock Exchange constituted the population,…
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The study examined the efficiency of banks Nigerian using 11 financial ratios in pre and post IFRS regime. Specifically, the study was 12 conducted through comparison of the ratios that were computed from IFRS- 13 financial statements based and Nigerian GAAP-based financial reports of ten (10) 14 commercial banks quoted on the floor of the Nigerian Stock Exchange as at 2015 15 (before IFRS commencement and after). Three financial ratios were selected from 16 each of the four…
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This study examined corporate board diversity and financial performance of Nigerian Banks. The paper employed a panel research design; annual data were sourced from banks quoted in the Nigerian Stock Exchange (NSE) as at 2015 and were analyzed using Ordinary Least Square (OLS) statistical technique. The result from the study revealed that gender composition and foreign nationality exhibits significant impact on financial performance of banks in Nigeria, though the strength of their impact differs. However, independent directors and…
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Micro financing has become one of the most portable sources for funding Small and Medium Scale Enterprises in Nigeria. However, the high rate of failed microfinance institutions in recent times has made fraud to become an issue for discuss in microfinance research in recent times. Anecdotal evidence shows that management tends to exonerate itself and rarely accept blame but shift blame to monitoring staffers when fraud cases are discovered in financial institutions.   This study seeks to ascertain the…
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 This study was motivated by the need to address the current changes in the business environment and the increasing role of operation functions in responding to these challenges for the enhancement of high performance. The main objective of this study is to ascertain the impact of CEO characteristics on firm performance. The study was restricted to the Nigerian banking sector. Ordinary Least Regression technique was employed. The results show that CEO tenure and CEO remuneration have positive impact…
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The objective of the study is to examine moderating effects of client characteristics on the relationship between abnormal audit fee and audit quality. Specifically the study examines the moderating of client risk, client complexity and client profitability on the relationship between abnormal audit fee and audit quality.   A random sample of fifty-two quoted companies was used for the study and data covering fifteen years (2001-2015) were extracted from the reports of selected firms. The study employed least square…
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 Islamic banking is consistent with the principles of Sharia which prohibits acceptance of interest on loans. Islamic finance has increasingly become a significant source of finance in the Western world, especially in the United Kingdom, despite the regulatory hurdles presented before it  non-Muslim financial environment. The Nigerian state has also joined the other nations to establish Islamic banking against all hurdles, misconstrued and initial misconception of what Islamic bank stand for. The objective of this study is to…
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Micro financing has become one of the most portable sources for funding Small and Medium Scale Enterprises in Nigeria. However, the high rate of failed microfinance institutions in recent times has made fraud to become an issue for discuss in microfinance research in recent times. Anecdotal evidenceshows that management tends to exonerate itself and rarely accept blame but shift blame to monitoring staffers when fraud cases are discovered in financial institutions.   This study seeks to ascertain the roles…
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This research examines problems surrounding procedures of fiscal policy and their influence on economic growth in Nigeria from 1970 - 2009. Theory envisage that fiscal policy can impinge on economic growth by changing motivation for investment and labour as well as by altering after-tax proceeds across sectors. It is clear that economists have different analysis concerning the effect of government spending and tax on economic growth in any nation. The research was conducted using an Ordinary Least Squares…
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This research examines the relationship microfinance and poverty alleviation in Nigeria, to understand the effectiveness of micro credit within the context of its current practice in Edo State in particular, and the nation as a whole as a tool for wealth creation and capital accumulation among the poverty stricken populace and low income earners. The study made use of primary data obtained through field survey from the selected microfinance banks in Edo State and utilized quantitative tools to…
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The paper examined the impact of mercantilism ideology on macroeconomic exposures of business in Nigeria. This was prompted by the sluggish growth and poor performance of businesses in Nigeria. In order to probe into this issue, an attempt was made to investigate the relevance of mercantilists’ contributions to the Nigerian business activities by discriminately considering macroeconomic exposures, which is operationally defined as the business environment. For this issue to be addressed, questions on how macroeconomic exposures such as…
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 The study examines the impact of interest and exchange rates on the Nigerian economy from 19752008. Data for the variables were collected from the CBN statistical bulletin. The study employs the ordinary least square (OLS) technique in the analysis but due to the fact that data are not stationary, a unit root test was employed; it further resorted to co-integration analysis which establishes the existence of a long run relationship between the variables in the models. From our…
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The research examines credit facilities and agricultural output and productivity in Nigeria from 19702010. Over the years, there have been problems of agricultural development in Nigeria. One way in which these problems in the agricultural sector can be resolved is through the provision of credit facilities by financial institutions operating in the country. The credit facilities provided by these financial institutions to the agricultural sector have been inadequate and these have affected the level of output provided by…
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This study examines the impact of domestic investment on economic growth in Nigeria using annual time-series data from 1970-2013. Multiple regression and co-integration methods were employed to analyze the data. The objectives of this study includes: to examine the impact of private and public investment on economic growth and to analyze the trends of private investment, public investment and economic growth in Nigeria from 1970- 2013. The study divided government expenditure into productive and protective expenditures, and found…
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This research examines the Nigerian Capital market influence on the Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria. One of the main vehicles for growth in any economy is the micro, small and medium scale enterprises. Over the years in Nigeria, there has always been a financial gap existing between large-scale enterprises and micro, small and medium scale enterprises in terms of availability of financial resources referred to as the missing middle and this has affected the…
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The paper examines the trends in Nigeria’s Balance of Payments position from 1970-2010 using an econometric analysis. It is apparent that the Balance of Payments position in the country has reached an unviable proportion and has become a binding constraint in the realization of government objectives. The Balance of Payments position have been undermined by a relatively poor non oil export, high import bill, stagnated agriculture, high taste for foreign goods and services, continuous fall in the country’s…
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The research examines the role investment in human capital plays in the growth and development of the Nigerian economy. Nigeria is richly blessed with abundant natural and human resources. Despite these abundant resources, the economy over the years has been growing at a very slow rate and this can be attributed to neglect and failures to invest in human capital of the nation. The major objective of this research is to identify the relationship between human capital investment…
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This paper examines and ascertains how the contributions of Richard Cantillon have been relevant to the growth and development of the Nigerian economy. In doing this, the economic thoughts of Richard Cantillon were critically examined in order to see how these issues raised have been affecting the Nigerian economy. Political economy and descriptive approaches were used to x-ray the relevance of Richard Cantillon’s contributions to Nigeria’s development. His contributions among others include: the nature of wealth,…
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This paper empirically examines Small and Medium Scale Enterprises and Nigeria’s economic growth from 1970 – 2012. The benefits of SMEs to any economy are easily noticeable. These includes: creation of jobs, provide a vehicle for reducing income disparities, increase the output of goods and services produced in the economy etc. The main objective of this paper is to examine the impact of SMEs on economic growth in Nigeria. In order to achieve this objective, the study polled…
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This paper examined recent and spatial patterns of manufacturing in Nigeria. In particular, the paper shows that small scale business in the industrial development of a country involved considerable artesian crafts firms in the early stages and growth. It concludes that the spatial pattern could change if industrialist adopt the strategy of industrial linkages and especially production subcontracting which has become a driving force in contemporary industrial development efforts in the world today. It is expected that the…
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This study investigated capacity planning and performance in the manufacturing sector in the Southeastern States of Nigeria based on selected Brewing industries. The population of the study was 740 staff of the brewing industry in South-Eastearn Nigeria. The sample size of 509 was obtained using a Taro Yamani’s statistical formula. The study used questionnaire and oral interview guide for data gathering. A test- retest stood completed using Spearman’s rank correlation, giving a coefficient of 0.9. Findings revealed that capacity planning…
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The issue of poverty has continued to pose serious threat to the continued cordial existence of an economy like Nigeria. Issues pertaining to poverty and inequality have also continued to receive wider attention among scholars in various economies of the globe. However, there seems to be a gap in literature as to the existence of a causal relationship between poverty and inequality. Should there be causality; the direction of causality is yet to be known, especially as it pertains to…
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 In order to implement clean energy transition programmes, the national and subnational governments in Nigeria will incur some cost. In the same way, failure to implement the policies will come with some costs. This paper therefore considers the fiscal policy implications of Nigerian governments’ implementation of clean energy transition policies in the country. The analysis also reveals that the observed reluctance of Nigerian governments in implementing the policies is obviously unconnected with their dependence on oil revenues. The…
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The paper dwells on dynamic simulations for import demand model in Nigeria. The work uses the methodology of Error correction model (ECM) in conjunction with diagnostic tests of variables using Augmented Dickey–Fuller unit root tests and Johansen Co-integration tests to estimate the model for robust policy recommendations. Using the import as the dependent variable and NGDP, reserves and exchange rate as the independent variables, the results from the study show that Domestic economic expansion tends to improves exchange…
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This paper examined the relationship between the exchange rate and economic growth in Nigeria during the period 1981 to 2012 using quarterly data from the Central Bank of Nigeria. The econometric procedure of analysis was simultaneous equations modelling. The research empirically employed two stage least square (2SLS) and three stage least square (3SLS) to compare the two techniques and ascertain the robustness of 3SLS equation system estimator. The findings showed that exchange rate has significant impact on the…
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The focus of this paper is on good governance and sustainable development in Nigeria. This theoretical paper examines the concept of good governance which is very essential as a precondition for rapid economic transformation and sustainable development. It also discusses
the interface between these concepts and identifies strategies for ensuring good governance for sustainable development in Nigeria. The country has the capacity to design pathways to a future grounded in equitable and sustainable development, which meets the…
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This paper reviews the relationship between human capital formation and utilization nexus including its effect on economic growth in Nigeria. It also examines how developing countries like Nigeria can use education to accelerate the economic growth of the country. To carry out the empirical analysis, data were generated and analysed using the extended ordinary least square (OLS) techniques. The results depict that human resources have been poorly utilized to generate the needed national savings for accelerated capital formation…
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Exchange rate fluctuates and plays critical role in the determination of foreign direct investment which promotes the growth and development of the economy. This paper examines the impact of exchange rate variations on foreign direct investments (FDI) in Nigeria. A detail review of the relevant theoretical framework and available empirical evidence on foreign direct investment models was X-rayed. The evidence is based on time series data following the cointegration approach and subsequent estimation of the error correction model…
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This study estimated a macro econometric model for the Nigerian economy for growth and economic policy analysis based on recent data from 2000 to 2016 by examining alternative policy scenarios. The study estimated fifteen structural equations with interesting results
coupled with implications of findings and stated eighteen identities. The study found amongst others that nominal GDP has a strong positive influence on agricultural output; economic activity is a strong factor that explains investment behavior in Nigeria, tax…
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The focus of this paper is on good governance as a panacea for rapid economic transformation in Nigeria. Amidst incidences of challenges in governance, corruption and growing insurgences, this theoretical paper examines the concept of good governance which is very essential as a precondition for rapid economic transformation and sustainable development. It also discusses the interface between these concepts and identifies strategies for ensuring good governance for sustainable growth and development in Nigeria.  The country has the capacity…
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This study examines the effect of stock market on economic growth in Nigeria.Ordinary least squares regression (OLS) was employed using the data from 1989 to 2008. The results indicated that there is a positive relationship between economic growth and all the stock market development variables used. With 99 percent R-squared and 98 percent adjusted R-squared, the result showed that economic growth in Nigeria is adequately explained by the model for the period between 1989 and 2008. By implications…
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This study examines the inter-relationship between money supply and investment volatility in Nigeria using a restricted VAR model. With estimated VAR object of class “varest”, a restricted VAR was estimated by choosing scheme “ser”. In which circumstance, we re-estimated each equation distinctly with provision of our t-values in absolute value below the threshold value regulated by the function's argument thresh. The core condition that generated was that our variables are cointegrated. From economic view, joint dynamics of our…
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This paper analyzes the economics of saving and con sumption and its implications for retirement planning in Nigeria wit h special emphasis o n t h e l i f e c y c l e m o d e l s o f s a v i n g a n d s p e n d i n g p a t t e r n s o f t h e individual worker over a…
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The stock market is a common feature of a modern economy as it promotes the growth and development of the economy. This paper examines the likely influence of recent stock market fluctuations on consumer behavior and the economy, focusing on wealth effects and consumption. After reviewing the relevant theoretical framework and available empirical evidence, consumption functions are estimated for Nigeria including the influence of financial wealth. The resulting estimates of the marginal propensity to consume out of financial…
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This study examines the structure and formula for revenue allocation in Nigeria which has been fraught with challenges, proffers solution and highlights its implications for sustainable national development. The work uses the methodology of Group Unit Root Test, ARDL Bounds Testing and Co-integrating Long Run tests for robust policy recommendations. Using the GDP as the dependent variable and Revenue allocation to the three levels of government, and oil revenue as the independent variables, the results from the study…
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This study examines the structure and formula for revenue allocation in Nigeria and highlights its implications for sustainable national development. The work uses the methodology of Error correction model (ECM) in conjunction with diagnostic tests of variables using Johansen Co-integration tests for robust policy recommendations. Using the Gross Domestic Product (GDP) as the dependent variable and Revenue allocation to the three levels of government, inflation, and lending interest rate as the independent variables, the results from the study…
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