Browsing by Author "AJAYI, Micheal Adebayo"
Now showing 1 - 2 of 2
Results Per Page
Sort Options
Item Access to Microfinance and Millennium Development Goals (MDGS): A Review of the impact on Developing Countries(Clarion University of Pennsylvania, Clarion, Pennsylvania., 2016) IJAIYA, Muftau Adeniyi; ABDULKADIR, Rihanat Idowu; SALAM, Mudathir Olanrewaju; ABDULRAHEEM, Abdulrasheed; ABDULLAHI, Ibrahim Bello; AJAYI, Micheal AdebayoAccess to microfinance is seen as one of the practical development strategies and approaches that could be implemented to attain the bold ambition of achieving the Millennium Development Goals. The objective of this paper is to discuss the impact of microfinance on Millennium Development Goals (MDGs). The study, through theory and numerous empirical studies, observed that access to finance is an important direct or indirect contributor to the achievement of the most of the goals in rural areas, because it reduces income inequality and poverty of the rural poor - key goal of the MDGs. Thus, the study suggests that government action should focus on institutional best practices for expanding and mainstreaming sustainable microfinance in every facet of the economy. There is need to also improve the dismal performance in children undernutrition, school enrolment, mortality rate, access to drinkable water, etc in post MDGs programme in order to improve and sustain the achievement recorded by the MDGs.Item EVOLUTION OF DEPOSIT MONEY BANK'S EFFICENCY IN NIGERIA: DATA ENVELOPMENT ANALYSIS(Department of Accounting & Finance and Business Administration, Fountain University. Osogbo, 2017) AJAYI, Micheal Adebayo; NAGERI, Ibraheem K.; ABOGUN, Segun; ABDULMUMIN, B. AyoolaAbility of banks to manage risk and make better use of informational disproportion between borrowers and lenders are the essence of bank’s activities. The efficiency of Nigerian banks has become more compelling bearing in mind the various banking reform and regulations adopted by the Central Bank of Nigeria in recent year. The objective of this study is to evaluate the efficiency of deposit money banks quoted on the Nigerian Stock Exchange during the period of 2011-2015. The study follows the intermediation approach, using the Data Envelopment Analysis. Result indicates that the national licensed banks have better mean efficiency score in 2011, 2012, 2013, the international licensed banks are better in 2014 and the 2015 score shows no significant difference. The best performing bank with international license is GT Bank while Stanbic IBTC and Sterling bank are the joint best practice banks with national license. The inefficiency is attributed to scale inefficiency rather than pure technical inefficiency. Recommendations include that the regulatory authorities should be proactive in their function to cover aspects of loan disbursement, deposit mobilization and investment assets and ensure compliance.