8 research outputs found
Nigerian Journal of Banking and Financial Issues (NJBFI): Effect Of Covid-19 Pandemic On The Performance Of Small And Medium Scale Enterprises In Nigeria
No full textThis study examined the effect of Covid-19 pandemic on small and medium scale enterprises in Nigeria. The specific objectives were to determine the effect of Covid-19 pandemic on small and medium scale enterprises performance in Nigeria; examine the effect of lockdown, movement restriction, market closure, and social distancing due to Covid-19 pandemic on small and medium scale enterprises in Nigeria and evaluate the possible strategies for effective small and medium scale enterprises management amidst Covid- 19 in Nigeria. Data collected were analysed using descriptive statistics and inferential statistics. The descriptive statistics include logistics (Logit) regression, frequencies, tables, mean and percentages while inferential statistics include regression, Pearson product moment correlation analysis and variance analysis. The results revealed that Covid-19 pandemic has significantly and indirectly influence the performance of the SMEs in Nigeria. Therefore as long as the Covid-19 pandemic exists, the lesser the ability of SMEs to maximise profit in Ado-Ekiti. The study concluded that SMEs are indispensable to the attainment of sustainable development of any country and as such their survival is of paramount importance to government. More so, as they generate employment and income, thereby improving the standard of living of the people. It was therefore recommended that government should ensure the prompt and effective disbursement of the Covid-19 relief funds to the SMEs in order for them to be able to cushion the effect of the pandemic on their sales and performance
Nigerian Journal of Banking and Financial Issues (NJBFI): Impact Of Lending Management On The Performance Of Deposit Banks In Nigeria
No full textThe study investigated the impact of lending management on the performance of deposit money banks in Nigeria, using sectional data for 18 years from 2005 to 2022, the data used were non-performing loans ratio; loan to deposit ratio; loan loss provision ratio and bank lending rate (Independent) and profit after tax (Dependent) which was obtained from the financial statement of the sampled deposit money banks which includes: First Bank Plc; Wema Bank, Zenith Bank, GTB and UBA Plc. Pooled regression analysis of the ordinary least square (OLS) was used to estimate the determinants of the performance function. The result showed that the fixed effect results revealed that bank lending rate (BLR) and loan loss provision ratio (LLPR) have a negative insignificant impact on log of profit after tax (InPAT) going by the coefficient value of -0.059927 and -0.008279 and prob-value of 0.5925 and 0.8584 respectively. It was therefore concluded that banks should always ensure proper credit evaluation of potential borrowers before funds is allocated to prime borrowers. This should be done by collaborating with top quality credit rating firms. The study recommended that banks must put in place sound credit management process, strictly hold to know your customer (KYC) system, applying effective measures in measuring and monitoring of granted credit and ensure effective controls over credit risk
Nigerian Journal of Banking and Financial Issues: ANALYSIS OF MOTIVATING FACTORS FOR INFORMAL ENTREPRENEURSHIP ACTIVITIES IN NIGERIA
No full textCALL FOR PAPERS
The Nigerian Journal of Banking and Financial Issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or related disciplines. It is a biannual Journal published by the Department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
Interested contributors are invited to submit well researched papers which have not been provide published either in whole or part in any journal.
Three copies of the manuscript should be submitted, each copy of which must be typed on one
side of A4 sized paper only and double spaced.
Manuscript should not exceed twenty pages, including notes, references, table and chart.
The cover page of each manuscript should contain title of papers, names(s) and additional
authors(s).
An abstract of not more than 120 words typed single spaced on a separate sheet book precede the
main text. The short abstract should summarize the main argument of the article.
Bibliographical references should be indicated in the text using the author data style with page
numbers where necessary. All reference must adopt America psychological Associate (APA)
current style and reference pattern.
Table and charts should be placed as close as possible to relevant discussion. End noted should
be numbered consequently, and should not solely comprise references.
Manuscript which do not conform to these guidelines may be returned unprocessed.
All manuscript and other correspondences should be sent to:
The Managing Editor,
Journal of Banking and Financial Issues,
C/0 Department of Finance,
Ekiti State University,
Ado Ekiti, Nigeria.
OR
The Business Editor:
Department of Finance
E-mail: [email protected]
Nigerian Journal of Banking and Financial Issues: ANALYSIS OF MOTIVATING FACTORS FOR INFORMAL ENTREPRENEURSHIP ACTIVITIES IN NIGERIA
No full textCALL FOR PAPERS
The Nigerian Journal of Banking and Financial Issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or related disciplines. It is a biannual Journal published by the Department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
Interested contributors are invited to submit well researched papers which have not been provide published either in whole or part in any journal.
Three copies of the manuscript should be submitted, each copy of which must be typed on one
side of A4 sized paper only and double spaced.
Manuscript should not exceed twenty pages, including notes, references, table and chart.
The cover page of each manuscript should contain title of papers, names(s) and additional
authors(s).
An abstract of not more than 120 words typed single spaced on a separate sheet book precede the
main text. The short abstract should summarize the main argument of the article.
Bibliographical references should be indicated in the text using the author data style with page
numbers where necessary. All reference must adopt America psychological Associate (APA)
current style and reference pattern.
Table and charts should be placed as close as possible to relevant discussion. End noted should
be numbered consequently, and should not solely comprise references.
Manuscript which do not conform to these guidelines may be returned unprocessed.
All manuscript and other correspondences should be sent to:
The Managing Editor,
Journal of Banking and Financial Issues,
C/0 Department of Finance,
Ekiti State University,
Ado Ekiti, Nigeria.
OR
The Business Editor:
Department of Finance
E-mail: [email protected]
Nigerian Journal of Banking and Financial Issues (NJBFI): ASSESSING THE EFFECT OF BOND INSURANCE ON THE DEVELOPMENT OF THE NIGERIAN CAPITAL MARKET
No full textThis research investigated the effect of bond insurance premiums on market capitalization in Nigeria using data gathered from the World Development Indicator, Global Financial Development Database, and the Central Bank of Nigeria statistical bulletin, from 2000 to 2023. The data were analyzed using the ARDL co-integration approach, and the results showed that, although only in the long run, bond insurance premiums had a positive effect on market capitalization in Nigeria, as did bond insurance claims. The result shows normality test statistics of 1.641757 (p > 0.05), LM test statistics of 0.2124238 (p > 0.05), heteroscedasticity test statistics of 0.241894 (p > 0.05) indicate that the assumption of normality, homoscedasticity and no serial autocorrelation are satisfied. Also, that bond insurance premiums and claims positively affect market capitalization, with a significant long-term impact of 0.93% and 1.89%, respectively. Finally, there was no causal relationship between bond insurance premiums and market capitalization in Nigeria. According to the study\u27s findings, bond insurance significantly contributes to the expansion of Nigeria\u27s capital market. As a result, financial sector regulators must encourage bond issuers to participate in bond insurance programs in order to increase market capitalization in the nation
Nigerian Journal of Banking and Financial Issues (NJBFI): ASSESSING THE EFFECT OF BOND INSURANCE ON THE DEVELOPMENT OF THE NIGERIAN CAPITAL MARKET
No full textThis research investigated the effect of bond insurance premiums on market capitalization in Nigeria using data gathered from the World Development Indicator, Global Financial Development Database, and the Central Bank of Nigeria statistical bulletin, from 2000 to 2023. The data were analyzed using the ARDL co-integration approach, and the results showed that, although only in the long run, bond insurance premiums had a positive effect on market capitalization in Nigeria, as did bond insurance claims. The result shows normality test statistics of 1.641757 (p > 0.05), LM test statistics of 0.2124238 (p > 0.05), heteroscedasticity test statistics of 0.241894 (p > 0.05) indicate that the assumption of normality, homoscedasticity and no serial autocorrelation are satisfied. Also, that bond insurance premiums and claims positively affect market capitalization, with a significant long-term impact of 0.93% and 1.89%, respectively. Finally, there was no causal relationship between bond insurance premiums and market capitalization in Nigeria. According to the study\u27s findings, bond insurance significantly contributes to the expansion of Nigeria\u27s capital market. As a result, financial sector regulators must encourage bond issuers to participate in bond insurance programs in order to increase market capitalization in the nation
Nigerian Journal of Banking and Financial Issues (NJBFI): ASSESSING THE EFFECT OF BOND INSURANCE ON THE DEVELOPMENT OF THE NIGERIAN CAPITAL MARKET
No full textThis research investigated the effect of bond insurance premiums on market capitalization in Nigeria using data gathered from the World Development Indicator, Global Financial Development Database, and the Central Bank of Nigeria statistical bulletin, from 2000 to 2023. The data were analyzed using the ARDL co-integration approach, and the results showed that, although only in the long run, bond insurance premiums had a positive effect on market capitalization in Nigeria, as did bond insurance claims. The result shows normality test statistics of 1.641757 (p > 0.05), LM test statistics of 0.2124238 (p > 0.05), heteroscedasticity test statistics of 0.241894 (p > 0.05) indicate that the assumption of normality, homoscedasticity and no serial autocorrelation are satisfied. Also, that bond insurance premiums and claims positively affect market capitalization, with a significant long-term impact of 0.93% and 1.89%, respectively. Finally, there was no causal relationship between bond insurance premiums and market capitalization in Nigeria. According to the study\u27s findings, bond insurance significantly contributes to the expansion of Nigeria\u27s capital market. As a result, financial sector regulators must encourage bond issuers to participate in bond insurance programs in order to increase market capitalization in the nation
Nigerian Journal of Banking and Financial Issues
No full textThe Nigerian Journal of Banking and Financial issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or related disciplines. It is biannual Journal published by the department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
The Journal contains analysis of Banking and Financial Issues relevant to the Nigeria Economic experience and financial policies. Opinions expressed herein are those of the authors are not necessarily those of the Department of Finance.
All right reserved. No part of this publication may be reproduced or transmitted in any form or by any means. electronic, mechanical, photocopying, recording or otherwise of series in any retrieval system of any nature, without the prior written permission of the copyright holder
