There is a divide of view on the relationship between capital structure and corporate financial performance. This study explored the effects of capital structure on financial performance of quoted manufacturing firms in Nigeria. The study used panel least square multiple regression to examine secondary data gathered from the 14 sampled organizations’ financial statements from 2011 to 2020. The null hypothesis that there is no statistically significant link between total-debt-to-total-equity and return on assets of manufacturing entities in Nigeria was accepted. The study rejected the second hypothesis relating to long-term-debt -to-total-assets. The study recommended that management of manufacturing corporations that are active on the stock market should strive to increase their long-term-debt-to-total-assets so as to improve their business operations and by extension, their financial performance. The study established that there is a beneficial link between capital structure and financial performance of manufacturing companies.

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The main objective of this study is to assess the relationship between military expenditure and the level of economic growth in Nigeria. This study is framed theoretically on the economic growth theory with endogenous technology and the Augmented Solow model. The ex-post facto research method was adopted in this study and secondary data was collected over a time-frame of thirty-eight years which spanned from 1982 to 2020. Inferential statistics which includes the ARDL amongst others is used to analyse the data collected. The result shows that in the short-run, there is a positive relationship between military expenditure and economic growth in Nigeria and inversely related in the long-run. It is concluded from this study that military expenditure has a significant relationship with economic growth in Nigeria. It is recommended from this study that in addition to incurring of military expenditure, strategies should be set-up to promote the effectiveness and efficiency of the military in order to enhance economic growth in Nigeria.