This paper applied the capital-asset pricing model (CAPM) to determine stock returns of listed firms in the Nigeria Stock Exchange (NSE). For the purpose of investigation, annual data on stock price of twenty six (26) listed firms, Treasury bill a measure of risk-free rate and all share indexes a proxy for market returns were extracted while beta value was computed for the period 2010 to 2016 upon which the model was analyzed. Finding indicates that the CAPM generated a very high return among the firms given the influence of the beta coefficient. The study concludes that higher market risk measured by beta, is associated with higher expected returns. It is therefore recommended that managers of firms in other sectors in Nigeria need to constantly use this model to price security return with a view to guiding investors at investing in securities based on risk preference behavior and also to enable them maximize wealth from a basket of portfolio. .

This study examined corporate governance mechanisms and financial reporting quality of listed commercial banks in Nigeria. The population of the study consists of all listed commercial banks on the stock exchange as at 31 st December 2018. A sample of nine (9) listed commercial banks were selected and data were collected over the period 2008 to 2018. Descriptive statistics and panel Least Square regression were used for the data analysis. The findings reveal that board size and audit committee were negative and exerted significant impact on financial reporting quality of listed commercial banks while board independence is significant and exerts a positive influence on financial reporting quality of listed commercial banks in Nigeria. Female directorship does not have a significant relationship with financial reporting quality of listed commercial banks in Nigeria. The study therefore recommends that steps should be taken by regulators to stipulate stiffer penalty on firms engaging in earnings smoothing capable of undermining corporate governance ethics and framework for banks in Nigeria as this will serve as deterrent to others and further entrench sanity.

Tourism market is one of the vibrant non-financial sectors in Nigeria, which is challenged by non-availability of financial resources from the banking sector-one of the components of the financial system. To this extent, this paper helps to examine factors that influence financial institutions' participation in tourism project; case of Lagos street carnival. For financial institutions to participate successfully in tourism project, it requires financial support from financial institutions (banks) to showcase, promote, uplift and to financially-support the nourished culture, norms and values the people cherish; and to ensure that the beliefs of the people are not eroded by foreign culture and above all, to stimulate the economy. The primary source of data is adopted via structured questionnaire. Statistically, the estimated parameter are mean, standard deviation, and standard error (ẟ√N). The responses of the respondents gathered via the questionnaire was analysed using the Statistical Package for Social Sciences (SPSS). The result shows that 56.1% of the variation of factors influencing financial institutions participation in tourism, particularly Lagos street carnival; with most of social-people participating in different tourism-related festivals (e.g. eyo, igunuko etc.), which has led to the sustainability and promotion of the societal belief. F-Statistics (4.56) is high and the (P<0.05) which all together indicates that overall impact of the independent variables on the dependent variable is statistically significant Also financial institutions' participation has helped to provide funds to further create awareness about the traditions, beliefs and values of Lagos indigenes, who are otherwise known as Lagosians. The study recommends that policymakers should invest immensely in tourism industry in order to enrich the socioeconomic and geographical life patterns of the people in the coast area via the support of financial institutions by way of channelling funds to the tourism sub-sector in order to prevent cultural extinction. Also, government should establish institutions (ministries, departments and agencies) to strengthen and defend acquired tourism trade rights in Nigeria.

Premium rating like every other insurance has to consider the liabilities that are expected to be incurred by members. In respect of Health Insurance the liabilities will be mainly determined by demographic conditions, incidence of sickness and the distribution function of medical claims. We have derived the functional relationship between premium and there variables, making allowance for expected expenses and contingency reserves. Sicknesses are of various categories, sickness of long duration and heavy medical bills, medium duration and short duration with light bills.Premium rates are designed to follow each category unlike the straight deductions from salaries to cater for all types of sickness. The expected medical expenses is obtained by taking account of the incidence of sickness, age of the individual, medical expenses incurred and the life table of the population. Health Insurance is categorized into three different packages, high, medium and heavy medical bills and their corresponding premium is calculated.

In order to acquire a strategic competitive advantage, service quality has been accepted as a strategy for differentiation and value addition to service offerings. However, providing high-quality, cost-effective services is not a simple feat in the insura