DEPARTMENT OF BANKING AND FINANCE

Insurance companies in Nigerian have undergone reform in 2004 in order to enhance their Performance and to make them stronger players nationally and internationally. Besides, in 2014 available statistics revealed that the performance of insurance companies in Nigeria Still remains below average. The statistics further indicated that the companies contribute Only 0.3% of overall GDP in 2014 in terms of the value of gross premiums written which Was very minimal if compared to 16% of South African insurance contribution to GDP. This among others provides a cause for assessing the total premium and determinants of insurance Companies’ performance in Nigeria. This study evaluated empirical review on concept of insurance, its business in Nigeria and also the financial performance in Nigeria. This study is descriptive in nature and used secondary sources of data collection. The secondary data for this study Were obtained from the CBN statistical bulletin of 2018, also including variables like TASSETS, TPREMIUM, NDGP and CLAMIS using E-views 7.0 software to fit ordinary least squares to evaluate the relationship between the total premium and the performance of insurance industry in Nigeria. The study improves the understanding of total premium and the performance of insurance industry in Nigeria. This study recommended that there is a need to build a stable and vibrant environment to foster the improvement of insurance industry in Nigeria.

The study examined effect of ethical practices on the financial reporting of deposit money banks in Nigeria. The study employed the survey design and the purposive sampling technique to select 450 banks staffs. A well-constructed questionnaire, which was adjudged valid and reliable, was used for collection of data from the respondents. The data obtained through the administration of the questionnaires was analyzed using the Pearson correlation analysis. The study revealed that; there is positive and significant relationship between loyalty has significant effect on the financial reporting. A positive and significant relationship exists between law abiding and financial reporting. A positive and significant relationship exists between fairness and financial reporting. A positive and significant relationship exists between accountability and honesty and financial reporting. And lastly, A positive and significant relationship exists between integrity and reputation and financial reporting. The study concluded that; ethical practices has significant effect on the financial reporting of deposit money banks in Nigeria. The study further recommends that; Nigeria banks should work more on their integrity and reputation on the financial reporting. Accountability and honesty should be taking serious by Nigeria banks. Nigeria banks should fair in all their dealings because these will reflect on the financial reporting. Nigeria banks should be law abiding on their financial reporting to avoid suspension, penalties and fine against them, to customers.

The study examined effect of ethical practices on the financial reporting of deposit money banks in Nigeria. The study employed the survey design and the purposive sampling technique to select 450 banks staffs. A well-constructed questionnaire, which was adjudged valid and reliable, was used for collection of data from the respondents. The data obtained through the administration of the questionnaires was analyzed using the Pearson correlation analysis. The study revealed that; there is positive and significant relationship between loyalty has significant effect on the financial reporting. A positive and significant relationship exists between law abiding and financial reporting. A positive and significant relationship exists between fairness and financial reporting. A positive and significant relationship exists between accountability and honesty and financial reporting. And lastly, A positive and significant relationship exists between integrity and reputation and financial reporting. The study concluded that; ethical practices has significant effect on the financial reporting of deposit money banks in Nigeria. The study further recommends that; Nigeria banks should work more on their integrity and reputation on the financial reporting. Accountability and honesty should be taking serious by Nigeria banks. Nigeria banks should fair in all their dealings because these will reflect on the financial reporting. Nigeria banks should be law abiding on their financial reporting to avoid suspension, penalties and fine against them, to customers.

This study examined how credit risk management affects the profitability of six listed deposit money banks in Nigeria from 2014 to 2023. Using a balanced panel of 60 observations and a fixed-effects model with robust standard errors, the results show that both the non-performing loan ratio (NPLR) and loan loss provision ratio (LLPR) significantly and negatively affect return on assets (ROA) and return on equity (ROE). A one-percentage-point increase in NPLR reduces ROA by about 0.08 percentage points and ROE by about 0.65 percentage points, while higher provisions further weaken earnings. Bank size has a positive impact on profitability, supporting the idea that larger banks benefit from efficiency and stronger risk-absorbing capacity. This study also finds that the 2015–2016 recession and high interest-rate volatility confirmed through a persistent GARCH (1,1) effect further reduce bank performance. All diagnostic tests validate the reliability of the model. This study suggests that effective credit risk management is essential for sustaining profitability in Nigerian banks and recommends stronger credit appraisal systems, improved NPL recovery, full IFRS 9 implementation, diversified income sources, and stronger macroprudential policies

This study empirically estimated the relationship between credit risk management and the performance of DMBs in Nigeria. Twelve (12) quoted deposit money banks were used in this study. Five variables such as; return on asset, non-performing loan, capital adequacy, leverage and loan loss provision were used for the estimation. The data used ranges from 2011 to 2020 across 12 deposit money banks in Nigeria. And the number of observation is (12 deposit money banks times 10 years) 120. This study used the pooled panel regression technique. This implies that the 120 observations are pooled together before the regression is run, thus neglecting the time series nature and cross sectional nature of the data. Specifically, the following findings were made: that non-performing loan has a negative significant impact on the DMBs performance in Nigeria; that capital adequacy does not have any impact on DMBs performance; that leverage does not have any impact on the DMBs performance; and that loan loss provision has a positive significant impact on the DMBs performance of in Nigeria. Following the findings from this study the following recommendations were made: that DMBs should adequately engage in the effective management of it loan in order to yield positive return and reduce non- performing loans; that DMBs should maintain the statutory minimum reserves of capital to avoid bank runs and the apex regulatory authority should supervise and monitor banks to ensure compliance; among others.

This study investigates the impact of credit risk management on the performance of Nigerian banks, focusing on three key variables: Non-Performing Loan Ratio (NPLR), Loan Loss Provisioning (LLP), and Collateralization Ratio (CR). Using descriptive statistics, correlation, regression analysis, and diagnostic tests, the findings reveal: •NPLR negatively affects bank performance, as higher non-performing loans reduce profitability and asset quality. •LLP also has a significant negative impact, indicating that excessive provisioning for potential loan losses constrains profitability. •CR, however, positively influences performance, as higher collateralization mitigates credit risk and enhances financial stability. •Diagnostic tests confirm the reliability of the data and model. The study concludes that effective credit risk management is essential for improving bank profitability and recommends stricter credit assessments, balanced provisioning policies, and leveraging technology for better loan management. These findings align with prior research emphasizing sound credit risk practices to enhance financial stability

The purpose of this study was to ascertain the effect of bank profitability on economic growth in Nigeria. However, in order to achieve the objectives of this study, we utilised four explanatory variables as proxies for bank profitability (credit to private sector, bank loans, bank return on assets and total assets to GDP) while real gross domestic product was used as a proxy for economic growth in Nigeria. The study covered a time period of 1995-2020 (26years). The descriptive statistics and regression analysis technique were adopted in carrying
out the study’s empirical analysis Based on the empirical analysis, the following findings were arrived at: firstly, the study ound that there is a positive and insignificant relationship credit to private sector and economic growth in Nigeria; second, the study found that bank loans have a significant effect on economic growth in Nigeria; third, bank return on assets have an insignificant effect on economic growth in Nigeria; and finally, total assets to GDP was found to have a positive and significant effect on economic growth in Nigeria. In view of the salient findings from this study, the following specific policy recommendations were put forth: banks in Nigeria should lend more to the private sector as doing so ensures they are lending to sectors that are likely to generate more income the loans granted which will culminate into a multiplier
effect of enhanced economic growth performance in the long run; the apex monetary authority in Nigeria (CBN) should ensure that banks are regulated to give out more proportion of their income as loans to individuals, private sector and public sector; banks should not leave customers’ deposits idle but should invest a large chunk of it on risk-free securities such as government bonds as well other risky securities with the adoption of effect risk management mechanism; and efforts should be made by banks to maintain continuous increase in their
assets which could be by diversifying, opening more branches, among others.

This study is on non-performing loans and performance on quoted deposit
money banks in Nigeria. The objectives of this study are to investigate the
effect of non-performing loans, loans and advances and loan loss provision
on performance of quoted deposit money banks in Nigeria. Secondary data were sourced from the audited financial statement of our fourteen (14) sampled quoted deposit money banks spanning from 2010- 2019. The study adopted panel regression analysis to analyze the data as well as other preliminary texts like descriptive statistics, correlation analysis and Hausman test. The study found out that non-performing loan and loans and advances does not impact on the performance of quoted deposit money banks, only loan loss provision displayed significant impact. The study recommends amongst others that there is need for the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) to oversee banks more closely in order to prevent a potential rapid increase in non-performing
loans.

The study is on capital market development and economic growth in Nigeria. The goal of the study is to ascertain the impact of capital market performance on economic growth in Nigeria. The study adopted the fully modified ordinary least square (FMOLS). The outcome of the study revealed that all capital market indicators (MCAP, VOT, VAT) except All share index (ASI) are positive and significant with economic growth in Nigeria. The study however recommends that market capitalization must be improved by encouraging more foreign investors to participate in the market, this will increase new issues which will automatically increase economic growth of Nigeria.

Fraud is a widespread issue that has severely eaten deep the Nigeria's banking industry and economy as a whole. Its disastrous effects may be seen in both economic regression and the banks' declining balance sheets. It appears that efforts to identify and combat fraud in the financial industry have been largely ineffective, as fraudulent activity has been increasing recently. The purpose of this topic Bank fraud in the Nigeria sector; types causes, effect and method of detection and prevention is aimed at finding practical means of eliminating, reducing the incidence of fraud in the Nigeria sector .A descriptive surveys using questionnaire with a sample size of 100 was used for the analysis. The findings derives from respondents indicate that unauthorized Lending to borrowers is a principal type of fraud. The significant negative
relationship between the effects of fraud and its prevention measures suggests that more proactive and preemptive strategies are needed. Banks should invest in comprehensive fraud prevention training programs for their employees, ensuring that they are well-equipped to recognize and respond to fraud indicators promptly