Malete Journal of Accounting and Finance
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OPERATIONAL RISK MANAGEMENT PRACTICES AND PERFORMANCE: EVIDENCE FROM NON-INTEREST LISTED DEPOSIT MONEY BANK IN NIGERIA
Full text linkOperational risk exposure in the banks has been the major problem faced by the banking industry in Nigeria, ineffective in the management of this risk has negatively affected their performance in term of profitability and efficiency. Several measures such as Basel framework and CBN prudential guideline have been put in place to eradicate this risk exposure. Yet, exposure of banks to this risk seems to be significant and have effect on their performance. Thus, this formed the reason for carrying out this study, as this study seeks to determine the effect of operational risk management practices on the performance in term of profitability and efficiency of non-interest bank. This study adopted Expo facto research design and data used for this study is between 2018 -2023 using Jaiz Bank plc.Newey- West Standard errors was used as a method of data analysis. Thus, result showed that there exist a positive effect and not significant influence between operational risk management practices and profitability (beta value at 0.00803, p-value 0.101). Also, there is negative and significant linkage between operational risk management and efficiency (beta value -0.049, p-value 0.06).Thus, operational risk management practices has a significant but negative influence on the performance of non-interest bank Nigeria. Non -interest banks are advised to focus less in using operational risk management for the improvement of their efficiency as any attempt to will cause negative effect on the performance in term of efficiency
IMPACTS OF IMPORT GROWTH ON THE DEVELOPMENT OF INDUSTRIAL SECTOR IN NIGERIA
Full text linkThe study was undertaken to find out the impact of import growth on the development of industrial sector in Nigeria. The study employed quantitative techniques over 1988 to 2023 using secondary sources of data from the central bank of Nigeria (CBN) were used. The findings show that imports have a significant positive relationship with industrial sector output. Furthermore, a significant relationship is shown between the exchange rate and industrial sector output, though positive and contrary to apriori expectation. The lag value of the dependent variable (indp (-1) is shown to have a significant positive relationship with industrial output. This also meets the apriori expectation. R2 shows a goodness of fit implying that the explanatory variables adequately explained the behavior of the dependent variables. the study recommends lower cost of importing vital raw materials for industries and the monetary authority should maintain exchange rate stability to prevent high price range to the final consumer
INFORMATION TECHNOLOGY USAGE, REGULATORY PRESSURE AND ACCRUAL ACCOUNTING COMPLIANCE AMONG FEDERAL MDAs IN KWARA STATE
Full text linkCorruption remains a major challenge in government parastatals, with frequent cases of embezzlement and misappropriation of public funds, leading to inefficiencies and poor decision-making. To address these concerns, this study examines the impact of information technology usage and regulatory pressure on accrual accounting compliance among federal MDAs in Kwara State. A cross-sectional research design was adopted, and data were collected from a sample of 136 management staff selected from a population of 206 using simple random sampling. The data were analyzed using descriptive statistics and ordinary least squares (OLS) regression. The findings revealed that: (i) information technology usage has a positive and statistically significant effect on accrual accounting compliance (β = 0.650, p < 0.05), and (ii) regulatory pressure also exerts a positive and significant influence on accrual accounting compliance (β = 0.669, p < 0.05). The study concludes that both information technology adoption and regulatory pressure significantly improve accrual accounting compliance among federal MDAs in Kwara State. The study recommends that organizations should engage IT-skilled professionals to train staff on the effective use of accounting technologies for the preparation and presentation of financial statements. Also, relevant agencies should conduct regular inspections and maintain consistent monitoring to ensure compliance with accrual accounting standards
IMPACT OF GEOPOLITICAL CONFLICT AND CLIMATIC VARIABILITY ON GLOBAL FOOD SECURITY: EVIDENCE FROM POST RUSSIA-UKRAINE INVASION
Full text linkThe intersection of climate change, geopolitical instability, and food security has emerged as a critical area of global concern. This study investigates the complex interplay between climate change and food security in the context of the Russia–Ukraine war, employing a quantitative econometric research design based on high-frequency weekly time-series data spanning April 2022 to February 2025. The sample consists of approximately 150 weekly observations, constructed using purposive sampling of post-invasion weeks to capture periods of heightened climatic and geopolitical stress. Utilizing an econometric approach grounded in the Environmental Kuznets Curve (EKC) framework, the study applies Autoregressive Distributed Lag (ARDL) bounds testing, complemented by robustness checks using Newey–West HAC standard errors, Vector Error Correction Models (VECM), and instrumental variable (IV-2SLS) estimation to address dynamic effects and potential endogeneity. The analysis reveals the presence of statistically significant non-linear (inverted U-shaped) relationships between temperature and food security, and U-shaped effects of precipitation, confirming EKC dynamics in the climate–food nexus. The findings demonstrate that climatic variability, exacerbated by the ongoing conflict, has significantly disrupted food availability and access in vulnerable regions. The findings imply that policy responses should prioritize climate-resilient agricultural innovation, strengthened institutional frameworks, and diversification of food supply chains to reduce vulnerability to external shocks. It is therefore recommended that policymakers integrate climate adaptation strategies with governance reforms and conflict-sensitive food security planning, particularly in food-import-dependent developing economies affected by global geopolitical instability
IMPACT OF INTEGRATED FINANCIAL MANAGEMENT SYSTEMS ON GOVERNANCE IN DEVELOPING ECONOMIES
Full text linkCorruption in Nigeria’s public sector remains a systemic challenge undermining governance, economic development, and public trust. This study investigates the effectiveness of Nigeria’s Integrated Personnel and Payroll Information System (IPPIS) and the Government Integrated Financial Management Information System (GIFMIS) in curbing corruption within the public sector. The study relies on primary data obtained through structured Likert-scale questionnaires administered to public sector employees. The population comprises Ministries, Departments, and Agencies (MDAs) of the Oyo State Government, from which a purposive (judgmental) sample of 10 MDAs was selected based on their strategic involvement in financial management and the implementation of IPPIS and GIFMIS. Out of 100 questionnaires distributed, 75 valid responses were retrieved and used for analysis. Ordinary Least Squares (OLS) regression was employed as the main method of data analysis. Regression results further reveal that IPPIS (–0.412, p = 0.011) and GIFMIS (–0.356, p = 0.014) exert statistically significant negative effects on corruption, jointly explaining about 43% of the variation in corruption reduction (R² = 0.428). These findings indicate that both IPPIS and GIFMIS significantly reduce payroll fraud and enhance expenditure transparency. Based on these results, the study recommends the deeper integration of IPPIS and GIFMIS into a unified financial management framework, strengthened institutional enforcement and auditing mechanisms, and sustained capacity-building for public sector personnel to enhance the long-term effectiveness of digital anti-corruption reforms
ENHANCING INTERNET NETWORK INFRASTRUCTURE IN NIGERIAN ISLAMIC BANKS: A CONCEPTUAL REVIEW OF STRATEGIES FOR IMPROVED CUSTOMER SATISFACTION
Full text linkIn the digital era, robust internet network infrastructure is fundamental to delivering efficient and satisfactory banking services. This paper presents a conceptual literature review exploring the intersection of internet infrastructure development and customer satisfaction within Nigerian Islamic banking. Despite the steady growth of Islamic financial institutions, the sector continues to face significant technological and infrastructural challenges that undermine service quality and customer experience. Drawing upon established frameworks such as the DeLone and McLean Information Systems Success Model and SERVQUAL, the study identifies how improvements in internet reliability, speed, accessibility, and security can enhance digital service quality and customer satisfaction. A conceptual model is proposed to link infrastructure quality, service delivery, and Shariah compliance to customer outcomes. The review reveals that customer satisfaction in Nigerian Islamic banks is highly dependent on the quality of internet infrastructure and the integration of Shariah-compliant digital practices. Sustainable improvement requires both technical and ethical alignment in service delivery. As such, Islamic banks should establish service-level agreements (SLAs) with multiple internet providers to ensure redundancy and reliability; strengthen cybersecurity measures in compliance with Shariah ethical standards; and collaborate with regulators such as the NCC and NITDA to expand affordable broadband access, especially in underserved areas
SUSTAINABILITY REPORTING AND CORPORATE REPUTATION OF LISTED DEPOSIT MONEY BANKS IN NIGERIA
Full text linkGrowing stakeholder demand for transparency has pushed Nigerian banks to adopt sustainability reporting, yet questions remain about its real impact on how these banks are perceived. Inconsistent disclosure quality, limited ESG details, and doubts about credibility create uncertainty about whether sustainability reporting genuinely enhances corporate reputation. This study examined the influence of sustainability reporting on corporate reputation of quoted banks in Nigeria. The study used existing data to carry out the research. The period of study is 11 years from 2013 - 2023. The population of the study comprises of 21 DMBs listed on the Nigerian Exchange Group (NGX) out of which 10 Deposit money banks were selected for this study using purposive sampling technique. The study used statistical tools of regression. Sustainability reporting was proxy with environmental, social and governance disclosures while corporate reputation was proxy with market capitalization. The study found that environmental reporting has significant and favourable effects on corporate reputation at the 5% level (t= 2.66; p<0.05). The outcomes implies that environmental disclosures will lead to higher corporate reputation. social reporting and governance reporting do not have any noteworthy impact on corporate reputation ((t= -0.09, 0.11 p>0.05 respectively). The study concludes that stakeholders prioritize environmental performance over social and governance aspects when evaluating a company’s reputation. The study recommends that banks strengthen the quality and transparency of their environmental disclosures, as this is the only sustainability dimension that significantly enhances corporate reputation. By focusing on clear, credible, and stakeholder-relevant environmental information, banks can better meet stakeholder expectations and improve their reputational standing
CONTINGENCY FACTORS AND FINANCIAL SUSTAINABILITY OF PHARMACEUTICAL FIRMS IN NIGERIA
Full text linkInsensitivity to financial sustainability has led some firm to undeserved winding up and significance of the pharmaceutical firms to the health and economic stability of the nation requires a review of the contingency factors that are capable of influencing her financial sustainability attainments. This study therefore examines the effect of contingency factors on the financial sustainability of the pharmaceutical firms in Nigeria. The study adopts a survey research design to ascertain the effect of contingency factors on the financial sustainability of the pharmaceutical firms in Nigeria. The study gathered the data from 234 respondents out of a sample frame size of 330 from 10 largest firms in Nigeria. Multiple regression analysis revealed that leadership style (β = 0.711; p < 0.000); organization culture (β = 0.185; p = 0.000) both has positive and notable effect on the financial sustainability efforts of the pharmaceutical firms in Nigeria. The study concludes that the leadership style and organization culture enhance financial sustainability practices in the firms under the study. The study recommends that Companies’ management should adopt a transactional leadership style and resilient culture in order to achieve more financial sustainability
INSTITUTIONS AND INCLUSIVE GROWTH NEXUS IN SUB-SAHARAN AFRICA: AN EMPIRICAL INVESTIGATION
Full text linkDespite abundant natural resources and a growing youthful population, Sub-Saharan Africa continues to experience sluggish economic growth due to the persistent weakness of institutional structures often manifested through limited regulatory capacity, political instability, and governance deficits—which undermine policy effectiveness, investment climates, and long-term development outcomes. This study investigates the direct and interactive influence of economic institutions and governance in promoting inclusive growth in Sub-Saharan Africa (SSA).A panel data of forty-one SSA countries over a period 2007 to 2022 is analysed using system GMM technique. Country selction is based on the availability of consistent and relevant data where the use of lagged variables as instruments are valid. The key findings are: economic institutions matter for stimulating inclusive growth in SSA; the influence of economic institutions is strengthened with good governance; governance has weak direct effect; and good governance have greater impact if complimented with improved economic institutions. This study concludes that while good governance alone has a limited direct impact on inclusive growth in Sub-Saharan Africa, it plays a critical enabling role by amplifying the effectiveness of economic institutions. Hence, sustainable and inclusive development in the region is most achievable through synergistic reforms that concurrently strengthen economic institutions and enhance governance quality. Therefore, it is recommended that policymakers in SSA should undertake institutional reforms that will ensure security of private properties including intellectual property, integrity of government, open and competitive labour market, equal and fair access to finance, conducive business environment, stable prices and reliable currency. While governance should be made more participatory, effective, accountable to the people, and uphold the principles of rule of law