DEPOSIT MONEY

This study examined the determinants of corporate liquidity management among listed Nigerian Deposit Money Banks (DMBs) from 2013 to 2023. Using an ex-post facto research design, data were collected from audited financial statements, directors’ reports, and corporate governance disclosures of thirteen purposively selected stable banks. Panel regression analysis with the Generalized Least Squares (GLS) model was employed, and robustness tests-including Breusch-Godfrey LM, VIF, and ARCH tests-ensured reliability and validity of the findings. The results indicate that firm size and leverage positively and significantly influence liquidity management, while management quality, capital adequacy, and investment opportunities negatively and significantly affect liquidity. Asset quality and cash flow volatility were found to be insignificant, whereas financial distress positively enhances liquidity management. These outcomes align with the Liquidity Preference, Pecking Order, and Trade-off Theories, highlighting that strategic, structural, and financial factors, rather than operational variability, drive liquidity management in Nigerian banks. The study contributes to knowledge by providing empirical evidence on liquidity determinants, validating theoretical frameworks, and offering practical guidance for bank managers and regulators. It recommends optimizing managerial and investment decisions, leveraging financial structure, maintaining adequate capital buffers, and ensuring financial stability to sustain liquidity. These findings inform policy and strategic interventions aimed at strengthening banking sector resilience in Nigeria.

This study explored the impact of board attributes on audit quality among deposit money banks in Nigeria, focusing on the banks listed on the Nigeria Exchange Group over the period 2019 to 2023. The variables analyzed include board meetings, board size, board composition, and audit committee meeting. Various statistical and econometric tool were applied to analyze the data. The results revealed that board size, board composition and audit committee meeting have statistically significant influence on the audit quality of deposit money banks. While board meeting has a statistically insignificant influence on the audit quality of deposit money banks in Nigeria. Based on the findings, the study recommended that quality of meetings should be prioritize over the quantity of meeting and deposit money banks should maintain an optimal board size that balances diverse expertise with efficiency.