This study investigated the impact of political environment on business performance of multinational companies in Nigeria. To achieve this purpose, a review of extant literature was made which was supported by hypothesis. The population of this study consists of quoted manufacturing companies in Nigeria. About twenty-seven (27) of such companies were identified and the necessary data were sourced from the Nigerian Stock Exchange Fact Book of 2012 and the World Development Indicators of World Bank Group. Political environment was measured as the degree of political stability and absence of violence while business performance was measured by the profitability of the companies for the period 1999-2013. Our findings showed that political environment has a negative significant impact on business performance of multinational companies in Nigeria. Based on the above, we suggest that the Nigerian government should avoid frequent changes in government policies and programmes, AFRREV, VOL. 9(3), S/NO 38, JULY, 2015 2Copyright © IAARR, 2015: www.afrrevjo.net Indexed African Journals Online: www.ajol.info and ensure stability of democratic institutions and political integration. These are necessary to make the political terrain stable and out of violence for business growth and development.

Electronic -payment is increasingly becoming a daring means of payments in today’s business world. This is due to its efficiency convenience and timeliness. The aim of this study is to empirically analyze the relationship between electronic payment and quoted financial performance of deposit money banks in Nigeria. Data on different types of electronic payment and return on equity from 2007-2018 were collected from the central bank of Nigeria Statistical bulletin, annual Central Bank of Nigeria reports, Federal Inland Revenue Service, financial annual reports and e-business units report of the quoted deposit money banks. The ordinary lest square, Auto-Regressive Distributed Lag, Unit Root Test, Panel Cointegration, Granger Causality Test and Panel Dynamic, Error Correction Model was used in analyzing the data with the aid of E-view version 10. The empirical results indicate that electronic payment significantly relate to return on equity; explaining about 85.3% of the total variation in return on equity, web pay and mobile pay were each found to significantly relate to quoted financial performance, sustaining long run equilibrium relationship with return on equity. We therefore conclude that e-payment has the potency to make significant contribution to quoted banks financial performance and recommends that Central Bank of Nigeria should provide adequate regulatory framework that will ensure customer protection and security of their transactions from cyber-crimes and hackers. The use of established information system models in technology related researches so that the needed factors to be examined would be properly investigated and addressed.

But knowing the unknown and therefore estimating the relationship between accounting information quality and corporate performance are still a difficult task. The aim of this empirical study is to explore the relationship between the accounting information quality and corporate performance of oil and gas companies in Nigeria. Data on different types of accounting information quality and return on equity were primarily collected from the respondents and analyzed using ordinary least square regression analysis the data with the aid of statistical package for social sciences version 25.0. The empirical result indicates that accounting information quality significantly relate to return n equity; explaining about 85.1% of the total variation in return and equity. Relevance, faithful representation was each found to significantly relate to return on equity. The study empirically conclude that accounting information quality has the potency to make significant contribution to quoted financial performance of oil and gas companies and recommends that having investigated theoretical and empirical issues, also considering the findings and conclusion, the following recommendations were made: There should be need for preparers of accounting information to improve on the accounting information quality devoid of window dressing and creative accounting, regular disclosure, transparency and accountability of such accounting information is required since investors are sensitive to qualitative and quantitative accounting information in assessing the performance of quoted oil companies in and outside Nigeria. Also in line with qualitative and quantitative of accounting information quality, financial statements of quoted oil companies in Nigeria should be prepared and presented according to laid down regulations and ethical standards duly observed to ensure accounting information presented for among users, most and public consumption do represent the oil companies’ economic reality during reported periods.

Exploration and production of oil and gas companies globally prepare their financial statements using either full cost or successful efforts historical accounting methods. Although, there have been numerous attempts by different standard setting organs to narrow the choice of accounting methods so that the financial statements of petroleum companies are more comparable, the question as to which historical accounting method provides investors with more informative numbers, and this should be mandated for all oil and gas companies is still unresolved. This study aimed to analyze empirically, the relationship between petroleum accounting methods and financial performance of quoted oil and natural gas companies in Nigeria. Time series data on different types of petroleum accounting methods an return on equity from 2009-2019 were collected from the central bank of Nigeria statistical bulletin, National Bureau of Statistics, Annual Central Bank of Nigerian reports and Federal Inland Revenue Service. Ordinary least regression analysis, Auto-Regressive Distribution Lag (ARDL) cointegration and error correction model was used in analyzing the data. The empirical results indicate that petroleum accounting methods significantly relate to financial performance; explaining about 79.3% of the total variation in return on equity. The empirical study therefore concludes that petroleum accounting methods has the potency to make significant contribution to financial performance and recommends that companies that need more asset value should use full cost method while companies that already have large assets should use successful effort method. Companies with low standard deviation should adopt full cost effort method in order to beef up their capital base.