Financial Performance

This study investigates the relationship between corporate board diversity and the financial performance of quoted oil and gas companies in Nigeria. Conducted within the context of governance reforms and performance challenges in the sector, the research examines how national, ethnic, age, and gender diversity influence Earnings Per Share (EPS), which was adopted as the measure of financial performance. An ex-post facto research design was employed, using panel data extracted from the annual reports of twelve oil and gas companies listed on the Nigerian Exchange Group between 2014 and 2023. Descriptive statistics, correlation analysis, and Ordinary Least Squares (OLS) regression were applied to evaluate the hypothesized relationships. The findings reveal that ethnic and age diversity exert significant positive effects on EPS, while national and gender diversity show statistically insignificant influences. The results indicate that board heterogeneity in certain dimensions enhances shareholder value, though some forms of diversity remain underutilized in Nigeria’s corporate governance framework. The study concludes that meaningful representation across diversity dimensions can strengthen decision- making and improve financial outcomes, especially in a highly regulated and capital-intensive industry. The study recommends that regulators and policymakers enforce inclusive governance policies that encourage balanced board representation, while companies should adopt strategic diversity practices that integrate ethnicity, age, gender, and nationality to enhance performance and competitiveness.

This study carried out a research on liquidity and performance of listed manufacturing firms in Nigeria. The population of the study is one hundred & five (105) Manufacturing sampling firms. Four research questions and four hypotheses were stated. Data collection was from Nigeria Stock Exchange through the MachameStat. The data was analyzed in line with the research questions and hypothesis. Descriptive Statistics was conducted; the Pearson correlation coefficient was employed and the panel least squares methods in testing the hypotheses of this study. It was revealed that in research question 0, which implies that we should reject the null hypothesis �0 which state that There Is No Significant Impact of profit after tax margin (PATM) on the Performance Of listed Manufacturing firm In Nigeria. The research question 1, this result suggests that we accept the hypothesis ��1 which states that there is no significant effect of debtor management(DEBT_CA) on the performance/profitability of listed manufacturing firm in Nigeria