Leverage is employed to avoid using too much equity to fund operations. An excessive amount of financial leverage increases the risk of failure, since it becomes more difficult to repay debt. Financial leverage is the degree to which a company uses fixed-income securities, such as debt and preferred equity. It is the additional volatility of net income caused by the presence of fixed-cost funds. The potential benefits are that, if the operating income is rising then the net income will rise more quickly. The potential benefits are that, if the operating income is rising then the net income will rise more quickly. It is referred to as capacity of an organization to utilized debt in its capital structure. Financial leverage is a measure of how much firms use equity and debt to finance its assets. The importance of any financial decisions cannot be over emphasized since many of the factors that contribute to business failure can be addressed using strategies and financial decisions that drive growth and the achievement of organizational objectives. Financial performance is the extent to which objectives of the firm and in this case financial objectives will be met or have been meet. In the work of Kajirwa (2015) cited by Mohammed (2016) deduced that the company's financial performance subject to how effectively a firm uses its assets from its principal role of conducting business and its subsequent generation of revenues. It also refers to the general well-being of a firm as far as finance is concerned over a certain period of time. Financial performance in summary, is a crucial objective that firms especially the profit oriented firms desire or aim at to achieve (Yahaya & Lamidi, 2015). The objective of financial management in structuring a firm's capital components is to maximize the shareholders wealth, as a measure of performance thereby improving the performance of the company at whole. Jaiz Bank Plc was created out of the former Jaiz International Plc, which was set up in 2003/2004 as a special purpose vehicle (SPV) to establish Nigeria's first full-Fledged Non-Interest Bank. It is an unquoted public company owned by over 20,000 shareholders spread over the six geographical zones of Nigeria. Jaiz Bank Plc obtained a regional operating license to operate as a Non-Interest Bank from the Central Bank of Nigeria on the 11th of November 2011 and began full operations as the first Non-Interest Bank in Nigeria on the 6th of January, 2012 with 3 branches located in Abuja, Kaduna and Kano. The regional license allows the bank to operate geographically in a third of the country. Efforts have been made by researchers to ascertain the leverage effects on firm performance but mostly, they are of varying findings, conclusions and recommendations and besides these, none of those studies have considered Jaiz Bank Nigeria Plc, it is clear that there are little research studies that examined the Effect of Leverage on Financial Performance of Islamic Banking in Nigeria. This study is to ascertain the effect of leverage on profit...

The study investigates the effect of liquidity management on financial performance of listed deposit money banks in Nigeria. Liquidity management was measured and proxy with capital adequacy ratio, liquidity ratio and loan to deposit ratio, however financial performance was proxy with Tobin’s Q. Secondary data source was utilized and it was extracted via the audited published annual reports and accounts of the banks selected covering the period from 2010-2019. Panel multiple regression technique was adopted as the technique of data analysis, while Stata 13 was used as the tool for analysis of data. Robustness tests which include heteroscedasticity, multicollinearity and normality test of standard error were conducted. Findings revealed that capital adequacy ratio have positive and significant effect on financial performance of listed deposit money banks in Nigeria. Liquidity ratio has significant but negative effect on financial performance of banks in Nigeria which connotes that high level of liquidity ratio will lead to low level of performance strategically for banks. Loan to deposit ratio has positive but insignificant effect on financial performance. It is therefore recommended that management of board should pursue increased capital with the Central Bank of Nigeria and the CBN should also make sure that banks met and continually meet the requirements in respect of capital adequacy before giving the license to operate. The management of the banks should ensure that most idle cash are investment into short term portfolios to attract higher returns which will eventually increase the value of the banks.

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Financial risk if not properly taking care of in a business might lead to its collapse especially, insurance companies whose core business deals with day to day handling of risk, in light of this, the study examined the effect of financial risk on financial performance of listed insurance companies in Nigeria from 2009 to 2018. Population of the study consist of 27 listed insurance companies and a sample size of ( 19) firms. The study used secondary data obtained from annual report of the firms and Correlational design was used. Financial performance which is the dependent variable measured by return on asset (ROA) while independent variable are credit, liquidity and solvency risks. The results from the fixed effect regression proved that credit risk has negative and significant effect on financial performance, Liquidity risk has negative and insignificant effect on ROA and solvency risk has positive and significant effect on ROA. The study concludes that credit risk has adverse influence on ROA of listed insurance companies in Nigeria. The report advises that Nigerian insurance providers should do better to adequately control their receivable number by supplying their debtors with payment plans that are appropriate for servicing their outstanding debt or loan.

Insurance firms assume different types of business-specific risks that affect financial operations. The study therefore investigates the effect of these insurance specific risks on profitability in Nigeria over the 10-year period (2009-2018) with a sample size of 19 firms. Three variables, such as Re-insurance, Technical Provisions and Underwriting Risks, have been used as a measure of insurance specific risk for independent variables. The net profit margin was used as a measure of profitability for the dependent variable. The study is based on the Ex-Post Facto Research Design, which uses data already collected for the study. The study used secondary data from their annual reports. The results of the fixed effect regression model showed that the technical provision and the underwriting ricks had a negative and significant impact on profitability, while the re-insurance risk had a negative and insignificant impact on profitability. The study concludes that an increase in technical provision and risk underwriting will lead to a poor profitability of the insurance companies listed in Nigeria. The study recommends that insurance companies in Nigeria should make sufficient provision for outstanding claims by conducting an adequate assessment of their liabilities and also taking into account past experience to develop a comprehensive procedure for effectively monitoring and controlling their outstanding claims.