scholarly journals The Impact of Non-Performing Loans on Firm Profitability: A Focus on the Nigerian Banking Industry

2017 ◽  
Keyword(s):  
Banking Industry ◽  
Firm Profitability ◽  
The Impact ◽  
Nigerian Banking

The Impact of Mergers on Bank Competitiveness in Nigerian Banking Industry

2012 ◽  
Vol 3 (4) ◽  
pp. 64-80 ◽  
Author(s):  
Ochei Ailemen Ikpefan ◽  
Benny Chukwudumebi Oligbo
Keyword(s):  
Banking Industry ◽  
Ordinary Least Squares ◽  
Policy Reforms ◽  
Study Objective ◽  
Financial Deregulation ◽  
Performance Gains ◽  
Bank Restructuring ◽  
The Impact ◽  
Nigerian Banking ◽  
Least Squares Approach

An inclusive merger mechanism became one option for the Nigerian banking industry in response to a Central Bank of Nigeria’s policy to increase the minimum paid-up share capital requirement of Nigerian banks from N2 billion to N25 billion in July 2004, with December 31, 2005 as deadline. More than half of the 89 banks in Nigeria as at July 2004 were engaged in one form of merger. The study objective gives insight into the effectiveness of economic policy reforms in the Nigerian banking industry. This study examines the merger’s impact on bank competitiveness between 2000 and 2009. The period was characterized by financial deregulation, the Global economic crisis, and bank restructuring programs. The panel data ordinary least squares approach is the methodology employed to investigate if there is any significant effect of merger on the bank competitiveness from the pre to the post merger periods, in order to detect whether bank mergers produce any performance gains as well as factors contributing to the competitiveness in the Nigerian banking industry.

scholarly journals Monetary Policy and Financial Stability in the Nigerian Banking Industry

2019 ◽  
Vol 11 (1) ◽  
pp. 82
Author(s):  
Oparah Felix Chukwudi ◽  
James Tumba Henry
Keyword(s):  
Monetary Policy ◽  
Financial Stability ◽  
Banking Industry ◽  
Stability Index ◽  
Open Market ◽  
Long Run ◽  
Market Operation ◽  
The Impact ◽  
Nigerian Banking ◽  
Long Run Equilibrium

This study examined the impact of monetary policy on financial stability in the Nigerian banking industry for the period 2008Q1 to 2016Q2, using an error correction model. Banking industry financial stability index (BIFSI) was computed within the study and was used as a measure of financial stability in the Nigerian banking industry. The study discovered that the impact of monetary policy on financial stability in the Nigerian banking industry was weak. It also revealed a significant long run equilibrium relationship between monetary policy and financial stability in the Nigerian banking industry with a speed of adjustment to long run equilibrium of 66.54%. It was concluded that open market operation and exchange rate channels are more effective channels of transmitting monetary policy to financial stability in the banking industry, than interest rate channel.

scholarly journals Digital Finance and the Future of Nigerian Banking System: A Review

2020 ◽  
Vol 6 (16) ◽  
pp. 24-35
Author(s):  
Gbenga F. Babarinde ◽  
◽  
Matthew O. Gidigbi ◽  
Julius T. Ndaghu ◽  
Idera T. Abdulmajeed ◽  
...  
Keyword(s):  
Financial Services ◽  
Banking Sector ◽  
Banking Industry ◽  
Banking System ◽  
Financial Service ◽  
Digital World ◽  
Services Delivery ◽  
The Future ◽  
The Impact ◽  
Nigerian Banking

Digital finance is a type of financial service that employs digital products like personal computers, the internet, mobile phones, cards linked to a digital payment system. Innovations in the digital world cannot be divorced from Nigerian financial services most notably the banking sector. Therefore, it means that banking industry cannot but embrace digital innovations in their services delivery. Hence, there is a need to review the impact of digital finance in the Nigerian banking sector. Desk research method was used to examine how innovations in the digital world could impact the future financial service delivery in the Nigerian banking sector. From the review, it was that the digital world is quickly changing and this impacts banking in all ramification. It is recommended that the banking industry should try to keep pace with the digital innovations, for them to be able to meet up the demands of their digitally-savvy customers.

scholarly journals The Impact of Banking Reforms on the Profitability of Nigerian Banking Industry

2014 ◽  
Vol 16 (10) ◽  
pp. 60-77
Author(s):  
Echekoba, F.N ◽  
◽  
Egbunike, Chinedu Francis ◽  
Gideon Ezu Kasie
Keyword(s):  
Banking Industry ◽  
Banking Reforms ◽  
The Impact ◽  
Nigerian Banking

scholarly journals Impact of Corporate Restructuring on Value Creation in the Nigerian Banking Industry

2012 ◽  
Vol 3 (2) ◽  
pp. 77 ◽  
Author(s):  
Sebastine Seddi Maimako ◽  
Kolawole Olugbenga Oladele
Keyword(s):  
Value Creation ◽  
Banking Industry ◽  
Positive Impact ◽  
Stock Exchange ◽  
Shareholder Value ◽  
Secondary Data ◽  
Corporate Restructuring ◽  
The Creation ◽  
The Impact ◽  
Nigerian Banking

This study aims at determining the impact of corporate restructuring on the creation of shareholder value in the Nigerian banking industry. Secondary data are collected in respect of all the 21 banks listed on the Nigerian Stock Exchange. The data are analysed using the Difference in Means (Descriptive Statistics) Method. The study establishes the fact that in the Nigerian banking industry, mergers, acquisitions and capital restructuring have significant impacts on value creation; but capital restructuring has the greatest positive impact on the creation of shareholder value. It is also found that most banks have to restructure as a result of problems like weaknesses in corporate governance, weak ownership structure, conflict of interest between management and shareholders, environmental problems, and internal problems. The findings of this study imply that banks involved in mergers may not be able to create or enhance value for their shareholders. It is recommended that industry regulators and practitioners seeking to create value for shareholders should, among other things, focus on capital restructuring and acquisition and strategies that favour growth, expansion and performance improvement.

scholarly journals Electronic Banking and Profitability in the Nigerian Banking Industry

2020 ◽  
Vol 12 (2(I)) ◽  
pp. 20-37
Author(s):  
Uchenna Aduaka ◽  
Olawumi Dele Awolusi
Keyword(s):  
Business Strategy ◽  
Banking Industry ◽  
Secondary Data ◽  
Internet Banking ◽  
Primary Objective ◽  
Primary Data ◽  
Electronic Banking ◽  
The Impact ◽  
Nigerian Banking

The primary objective of this study was to assess the impact of electronic banking on profitability in the Nigeria banking industry. An inferential survey research design was adopted. Primary data were collected through questionnaires from both staff and customers of the surveyed bank. It was complemented with secondary data sourced from the company’s audited financial statements for the period 2010 to 2017. Data collected were analyzed using both descriptive and inferential statistics while testing of the hypotheses was done using multiple regression analysis. The study revealed that cards play a significant role more than other channels and immediately followed by ATM. Also, it was observed that E-Banking channels contributed to Bank's profitability, that E-banking services (EBS) had an influence on the retention and loyalty of bank's customers and that the quality of service, security, reliability and efficiency have a definite impact on the usage of the services of e-banking. It was recommended that the Nigerian banking industry should invest more in card products, followed by ATM amongst other electronic channels; as they generate more revenues for the bank. The study also recommended further development of other channels (Mobile, Corporate Payments, POS and internet banking) to further enhance their contribution to the bank's profitability. Nigerian banks should also create a business strategy that is customer-centric by being continuously innovative in identifying the needs of their customers and improving on their products offering while developing new ones, to retain and keep the loyalty of their existing customers while attracting new ones.

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