Repugnancy clause and its impact on customary law: Comparing the South African and Nigerian positions — Some lessons for Nigeria

The repugnancy doctrine was introduced into Nigeria in the 19th century through the received English laws. This doctrine prescribes that the courts shall not enforce any customary law rule if it is contrary to public policy or repugnant to natural justice, equity and good conscience. The doctrine is generally criticised for its use of foreign standards to assess the validity of the customary law rules. This article, however, contends that repugnancy doctrine had played a positive role in the development of customary law in Nigeria by removing its harsh aspects. Most African countries repealed the repugnancy provisos when they obtained independence but Nigeria still retains it. The article compares the positions in South Africa and Nigeria. In the South African context, this article found that repugnancy proviso had outlived its usefulness and courts now apply customary law subject to the Constitution and any legislation that specifically deals with customary law. This position, the article commends for Nigeria

The Role of Corporate Governance in the Growth of Nigerian Banks

This study investigates the role of corporate governance in the growth of Nigerian Banks. A critical review of the situation in the Nigerian corporate environment shows that there have been several cases of abuse of trust by board of directors in some banks, which can be reduced through corporate governance. A multiple linear regression analysis involving ordinary least square was employed to test the hypothesis to examine the extent which corporate governance has improved the growth of Nigeria banks. The statistical significance of the variables was first determined using ANOVA statistics. The findings reveal that the problems of corporate governance in the Nigerian banking sector include: instability of board tenures, board squabbles, ownership crises, high level of insider dealings. While the weaknesses of corporate governance have been identified to include ineffective board oversight functions, disagreement between boards and management giving rise to board squabbles, lack of experience on the part of the Board of director’s members and weak internal control. It is therefore recommended that issues bordering on poor corporate governance which come to notice should be promptly tackled while customers should report such issues to regulatory authoritie

An Empirical Analysis of Credit Risk Management and its Effect on Banks’ Performance in Nigeria

This study examined the effect of Nigerian Banks Credit risk management on their performance.. Banks generally are expected to carry out the financial intermediation role in the economy. In doing this, care must be taken by them to avoid running into financial trouble especially in asset and liabilities match. The study uses panel data regression model in the analysis.The study accepts the hypothesis which states that there is a significant impact of credit risk management on bank performance. This further shows that there is a significant relationship between risk management practices and the Nigerian banks performance.Based on the research findings, the study recommends that Nigerian banks adopt a proactive approach in their credit risk management in order to have a positive financial performanc

A Dynamic Analysis of The Relationship Between Monetary Policies and Loan Risk Exposures in Nigerian Deposit Money Banks

This work investigated the effects Monetary Policy has on Loan Risk Exposure in Nigeria Commercial Banks. Nigerian banks do not believe much in giving out loans and advances to much of the countries manufacturing and agro based businesses because of the perceived risk associated with lending to these businesses. This has prevented funds from getting to businesses that can help grow the economy. The data analysis of this study was carried out with ordinary least square multivariate regression perspective within the confinement of a vector error correction model (VECM) framework. The result of this study reveals that lending rate does not play significant role in support of loans and advances. However, monetary policy rate reveal the most significant effect on commercial banks loans and advance confirmed by its efficient estimate. This means that monetary policy rate is a competent parameter in measuring the performance of banks in the allocation of their credit facilities. Based on the findings, it is suggested that the monetary authorities give opportunity for the full interplay of the market forces of supply and demand in the allocation of credit .This interplay should be closely monitored to prevent banks from creating artificial scarcity of funds in order to hike their lending rate

The Role of Corporate Governance in the Growth of Nigerian Banks

This study investigates the role of corporate governance in the growth of Nigerian Banks. A critical review of the situation in the Nigerian corporate environment shows that there have been several cases of abuse of trust by board of directors in some banks, which can be reduced through corporate governance. This study employs Correlation analysis to analyze result generated from the questionnaire administered to bank staff on the subject. The findings reveal that the problems of corporate governance in the Nigerian banking sector include: instability of board tenures, board squabbles, ownership crises, high level of insider dealings. While the weaknesses of corporate governance have been identified to include ineffective board oversight functions, disagreement between boards and management giving rise to board squabbles, lack of experience on the part of the Board of director’s members and weak internal control. It is therefore recommended that issues bordering on poor corporate governance which come to notice should be promptly tackled while customers should report such issues to regulatory authorities

Information Security in Health Care Centre Using Cryptography and Steganography

As the volume of medicinal information stored electronically increase, so do the need to enhance how it is secured. The inaccessibility to patient record at the ideal time can prompt death toll and also well degrade the level of health care services rendered by the medicinal professionals. Criminal assaults in social insurance have expanded by 125% since 2010 and are now the leading cause of medical data breaches. This study therefore presents the combination of 3DES and LSB to improve security measure applied on medical data. Java programming language was used to develop a simulation program for the experiment. The result shows medical data can be stored, shared, and managed in a reliable and secure manner using the combined model.Comment: 13 pages, 10 figures, 1 tabl

EFFECT OF UNTREATED SEWAGE DUMP ON THE QUALITY OF GROUNDWATER IN IDDO COMMUNITY, LAGOS, NIGERIA

This study was carried out to assess contamination of groundwater in Iddo as a result of many yearsof untreated sewage dump into the adjacent Lagos lagoon. Water samples were collected from fivedifferent sites in the lagoon at certain intervals. Similarly, water samples were collected from five boreholesand seven hand – dug wells sited in the immediate neighbourhood of the sewage dump sites.Sampling covered both the dry and wet seasons and tested for faecal coliform (FC) counts along withother parameters such as Biochemical Oxygen Demand (BOD) and salinity in order to determine theireffects on the density of faecal coliforms. Analysis of parameters was subjected to standard proceduresand data presented in simple statistics. Results for faecal coliform in boreholes ranged from 20-100 total plate count (TPC) /ml in dry season and 5-100 TPC/ml in wet season, while in well water, thevalues are >100 TPC/ml (dry season) and 30 TPC/ml – TNTC (too numerous to count) (wet season).In the lagoon water samples, faecal coliform counts are generally greater than 100 TPC/ml in dry seasonand varied between 100 TPC/ml and TNTC in wet season. BOD values of the lagoon varied fromND (not detected) to 2.8 mg/l (dry season) and 2.4-3.8 mg/l (wet season) with salinity values 3.27-3.45% and 0.70-0.96 % in dry and wet season respectively. Coliform values were higher than World HealthOrganisation standard in drinking water. Results of analysis showed that both surface water andgroundwater in Iddo community are heavily contaminated by the disposal of untreated sewage dump