Challenges of accountability in Nigeria: the role of deposit money bank

Babajide, Abiola Ayopo; Lawal, Adedoyin Isola; Amodu, L. O.; Asaleye, Abiola John; Ewetan, Olabanji Olukayode; Olokoyo, F. O.; Matthew, Oluwatoyin

doi:10.1108/jmlc-10-2019-0082

Cited by 8 publications

(15 citation statements)

References 20 publications

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“…By 2050, global population is expected to rise above 9 billion and this rise in World's population will no doubt increase the demand for food which will be driven by the hiked population and variations in climatic conditions in the coming decades. In West Africa, more than 35% of the total population is undernourished, which has contributed to the low life expectancy recorded in the sub-region Babajide et al, 2020).…”

Section: Literature Review and Conceptual Frameworkmentioning

confidence: 99%

Carbon Emissions, Agricultural Output and Life Expectancy in West Africa

Matthew

Owolabi

Osabohien

et al. 2020

IJEEP

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Carbon emissions are basically gaseous substances that are generated from human activities such as the burning of fossil fuels, into the atmosphere, and these emissions affect agricultural output and human health. The rising level of carbon emissions into the atmosphere has become a problem worldwide. Thus, this study examined the effect of carbon emissions on agricultural output and life expectancy in West Africa using data that spanned the period between 2000 and 2018. The study employed the two stage least squares econometric technique. The findings from the study revealed that a 1% increase in carbon emissions bring about a 3.818% reduction in agricultural output, that is, carbon emissions adversely affect agricultural output in West Africa. Also, a 1% increase in carbon emissions bring about a 0.123% increase in life expectancy, that is, carbon emissions boost life expectancy in West Africa. Therefore, this study recommends that the governments of the West African countries should formulate environmental policies that will help mitigate the adverse impact of carbon dioxide emissions on the agricultural sector, and also improve on healthcare delivery in the hospitals so as to reduce the mortality rate, this will help increase life expectancy in West Africa.

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Section: Literature Review and Conceptual Frameworkmentioning

confidence: 99%

Carbon Emissions, Agricultural Output and Life Expectancy in West Africa

Matthew

Owolabi

Osabohien

et al. 2020

IJEEP

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“…Chen (2020) has also investigated bank profitability issues and stated that there is a relationship between loans and deposits and bank profitability; consequently, these items are also included in the current study. Apart from that, there is a large number of pieces of research investigating net interest income as a possible factor of profitability (Altavilla et al, 2018;Babajide et al, 2020;Borio et al, 2017). Naruševičius (2017) investigates the relationship between bank profitability and net commission income; hence, this indicator is studied in the current paper as well.…”

Section: Literature Reviewmentioning

confidence: 99%

Determinants of Bank Profitability: Case of Latvia

Krumina

Lejniece

Skvarciany

2020

Economics and Culture

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Research purpose. The goal of the current paper is to investigate the impact of internal factors on bank performance. All the performance indicators and explanatory factors have been distinguished from the scientific literature.Design/methodology/approach. To investigate if there was an effect of the distinguishing factors on Latvian banks’ performance, correlation-regression analysis was applied. To test the developed models’ accuracy, determination coefficient, Durbin–Watson coefficient, variance inflation factor (VIF), Cook’s distance and p-value were computed.Findings. The findings revealed that there was a relationship between all the dependent and independent factors, except return on assets (ROA) and return on equity (ROE). ROA has a significant positive relationship only with net commission income, and ROE, with net interest margin and net commission income. Moreover, two regression models were developed and showed that total assets and number of automated teller machines (ATMs) affect the profitability, represented by earnings before interest, taxes, depreciation, and amortization (EBIDTA) and bank value.Originality/value/practical implications. The current findings contribute to the scientific literature dealing with commercial banks’ performance issue and could be used by the banks to develop strategies for maximising profitability.

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“…Aligning with the above submission, Taiwo and Agwu (2017) listed fraud and maintenance of e-banking as some of the challenges facing Nigeria’s banking industry. Babajide et al (2020) reported that corporate fraud is prevalent in Nigeria’s banking system and is often implicated in aiding corruption in collusion with politically exposed persons. There is also evidence that frauds occurrence may not be unconnected with governance problem within the Banking industry (Tade and Adeniyi, 2020) leading to the sack of five Board of directors of five Banks and injection of government funds in 2009 (Ribadu, 2016).…”

Section: Introductionmentioning

confidence: 99%

“…There is also evidence that frauds occurrence may not be unconnected with governance problem within the Banking industry (Tade and Adeniyi, 2020) leading to the sack of five Board of directors of five Banks and injection of government funds in 2009 (Ribadu, 2016). According to Babajide et al (2020) frauds by bank management and staff retards bank growth and development and erodes profitability. It is against this background that this study examines nature of frauds and forgeries in Nigeria’s cashless ecosystem, 2015‐2019.…”

Section: Introductionmentioning

confidence: 99%

Nature of frauds in Nigeria’s banking ecosystem, 2015-2019

Tade

2021

JFC

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Purpose This paper aims to examine the nature of frauds and insider involvement in the perpetration of frauds in Nigeria’s banking ecosystem. It probes the payment platforms mostly vulnerable to fraud attacks since the role-out of cashless policy in Nigeria in 2014. Design/methodology/approach Using secondary data on frauds and forgeries in Nigeria Deposit Insurance Corporation annual report of 2019, the study engaged the data on frauds and forgeries to unpack the complex dynamics in relation to bank frauds in Nigeria. Findings Findings show that fraud attacks on deposit money banks increased year in year out although the actual monetary loss dropped in 2019 as against 2018. Technology mediated transactions such as the use of automated teller machine and internet-based transactions experienced the most fraud. In relation to the role of insiders, all cadres of staff were involved in the fraud but majority of those involved were temporary staff. Practical implications Arising from this, it is suggested that banks should continue to strengthen security system and governance structures. Employing temporary staff should be phased out while online and offline vigilance should be mounted. Originality/value The study contributes to knowledge by examining the nature of frauds and unveiling the insider dimensions of fraud and the possible factors increasing the vulnerability of casual staff to perpetrate fraud.

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Challenges of accountability in Nigeria: the role of deposit money bank

Cited by 8 publications

References 20 publications

Carbon Emissions, Agricultural Output and Life Expectancy in West Africa

Carbon Emissions, Agricultural Output and Life Expectancy in West Africa

Determinants of Bank Profitability: Case of Latvia

Nature of frauds in Nigeria’s banking ecosystem, 2015-2019

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