Articles

21

Research Article

Effects of Capital Structure and Macroeconomic Uncertainty on Financial Performance of Manufacturing Firms in Nigeria: Evidence from Unilever Nigeria PLC

Fauziyya Sanusi^*, Zubairu Ahmad

This study examined the effect of capital structure, macroeconomic uncertainty and financial performance of firms in Nigeria, with specific reference to Unilever Nigeria PLC Both economic theory and historical experience support the importance of finding ways of achieving good financial performance for the long-term prosperity and survival of individual firms. Data was obtained from annual financi...

Jun, 2025 pp. 97-110

22

Research Article

Effect of Board Independence, Current Ratio and Earnings Per Share on Dividend Policy: Moderating Role of Government Policy

Mohammed Nasiru YUSUF^*, Tijjani Bashir Musa, Muhammad Kabir Lawal, Nasiru Yunusa

Prevalent exchange rate fluctuation and high inflation rate constrain earnings of information and communication technology companies in Nigeria. This study examined the effect of board independence, current ratio, government policy, earnings per share and the moderating role of government policy on Dividend Policy of information and communication technology companies in Nigeria. Nine hypotheses we...

Dec, 2024 pp. 99-113

23

Research Article

Effect of Compulsory Audit Circling on Audit Quality in Nigeria

Fatihu Shehu Isa^*, Sagin O. Super

The study examined the effect of compulsory audit circling on audit quality. Due to a lot offinancial crisis both in Nigeria and international, the independence of auditors affecting auditquality is questioned and the need to strengthen the confidence of users of financial information inthe audited financial statement arises. The specific objective of this study is to investigate the effectof comp...

Jun, 2024 pp. 105-119

24

Research Article

Microfinance and Poverty Alleviation in Nigeria: A Time Series Analysis (1995–2023)

Christopher Oghionmwan Ighodaro^*, L .E. Igbinovia, Shittu Emmanuel Seun

This study investigates the role of microfinance institutions (MFIs) in alleviating poverty in Nigeria over the period 1995 to 2023. Using the Fully Modified Ordinary Least Squares (FMOLS) approach, the research analyzes the relationship between four dimensions of microfinance activities—total assets, total loans, total deposits, and total investments—and national poverty levels. The findings show...

Jun, 2025 pp. 111-120

25

Research Article

Effect of Financial Technology (fintech) on Revenue Generation: A Case Study of Kano Electricity Distribution Company

Mu’azu Yunusa Riruwai^*

Technological advancements have given rise to new kinds of financial institutions and financial technology (Fintech) companies that want to deliver the next generation of digital banking and payment services. The study examines the effect of financial technology (Fintech) on the revenue generation of Kano Electricity Distribution Company (KEDCO) using quarterly data from 2017q1 to 2024q2. The unit...

Dec, 2024 pp. 114-128

26

Research Article

Determinants of Make or Buy Decision of Firms in Nigeria

Sebastine Abhus OGBAISI^*, Richard Iyere OGHUMA

Make or buy decision is solely the responsibility of strategic managers for the aim of achievingsome level of profitability. This study examined the determinants of make or buy decision of firmsin Nigeria. The study adopted a survey research design. 100 respondents comprising, managementstaff of Guinness Nigeria Plc, Edo State of Nigeria, formed the sample size of the study. The studyemployed mult...

Jun, 2024 pp. 120-131

27

Research Article

Effect of Covid-19 Pandemic on the Performance of the Nigerian Stock Exchange

Wali Sallau Abba^*

This study explored the effects of cumulative reported cases of COVID–19 on the performance of the Nigerian Stock Exchange(NGX). Using time series data analysis and employing Ordinary Least Squares Model (OLS), the research covered a period from March 2020 to February 2022, beginning from March 01, 2020, and ending 10 February, 2022. The study used market turnover, volume of transaction and number...

Jun, 2025 pp. 121-141

28

Research Article

An Assessment of Ijara Financing Product of Ja’iz Bank in the Light of Maqasid Al shari’ah

Nura Yahaya^*

This study assesses Ja'iz Bank's Ijarah financing products through the lens of the Maqasid Al Shari'ah framework. A quantitative methods approach was employed, A purposive sampling technique was used to select 389 respondents from the 75,088 population. Data was collected using a questionnaire, and multiple regression analysis was applied to examine the alignment of Ja'iz Bank's Ijarah financing p...

Dec, 2024 pp. 129-139

29

Research Article

Moderating Role of Exchange Rate Volatility on The Effect of Foreign Direct Investment

GIMBA, John Toro^*, SALEH, Atiku Dambatta

This study examined the moderating role of exchange rate volatility on the effect of foreign directinvestment on growth in Nigeria. Specifically, the study sought to determine the effect of foreigndirect investment and foreign portfolio investment on economic growth as moderated by exchangerate volatility in Nigeria. With Ex post Facto research design, the study employed secondaryquarterly time se...

Jun, 2024 pp. 132-147

30

Research Article

The Impact of Islamic Fintech on the Business Growth of Women Entrepreneurs in Nigeria

Summayya Adam Ahmed^*, Musa Mohammed Auwal

This study examines the impact of Islamic fintech on the business growth of women entrepreneurs banking in Nigeria. Using a sample of 357 women entrepreneurs across five major cities in Nigeria, the research employs a negative binomial regressions model to analyze the relationship between various aspects of Islamic fintech usage and business profitability. The study finds a strong positive relatio...

Dec, 2024 pp. 140-160