Corporate Governance and Earnings Management in Money Deposit Banks in Nigeria

The study examines corporate governance and earnings management in money deposit banks in Nigeria. The research design is ex-post facto. Multiple regression analysis was used in analyzing the data sourced from published financial statement of the banks under study. A significant outcome of the study is that corporate governance mechanisms impact positively and significantly on Earnings per share. A major implication of the findings is that compliance with code of governance as issued by regulatory authorities will support enhanced and superior financial performance among other things. Conclusively, the study has shown that right application of corporate governance mechanisms in Nigeria will be of great benefit to all corporate stakeholders. Keywords: Earnings per share, Board size, Board composition, Board meeting, ownership structure

A Mismatch between External Debt Finances and Consumption Cost in Nigeria

This study scrutinizes the influence of external obligation on the cost of living in Nigeria. In recent times, Nigeria has been tagged as the headquarters of world poverty due to the unaffordable cost of living that has resulted in all manner of crimes prevailing in the country. However, the role of foreign loans being contracted by the government in reducing consumption cost has become a concern, hence this investigation. This study made use of a secondary form of statistical records covering the period 2000–2018. The result of the data analysis has shown that external debt does not improve consumption cost, but rather aids the rising cost of living in Nigeria. In a nutshell, the study suggests that the government should invest a large chunk of the borrowed funds into agriculture and local manufacturing for sufficient food supply and provision of goods and services at reasonable costs. This study recommends support for infant industries and entrepreneurship to reduce the consumption cost in the country. The study also encourages the government to seek debt rearrangement or outright revocation by the lending institutions and countries

A Mismatch between External Debt Finances and Consumption Cost in Nigeria

This study scrutinizes the influence of external obligation on the cost of living in Nigeria. In recent times, Nigeria has been tagged as the headquarters of world poverty due to the unaffordable cost of living that has resulted in all manner of crimes prevailing in the country. However, the role of foreign loans being contracted by the government in reducing consumption cost has become a concern, hence this investigation. This study made use of a secondary form of statistical records covering the period 2000–2018. The result of the data analysis has shown that external debt does not improve consumption cost, but rather aids the rising cost of living in Nigeria. In a nutshell, the study suggests that the government should invest a large chunk of the borrowed funds into agriculture and local manufacturing for sufficient food supply and provision of goods and services at reasonable costs. This study recommends support for infant industries and entrepreneurship to reduce the consumption cost in the country. The study also encourages the government to seek debt rearrangement or outright revocation by the lending institutions and countries