Browsing by Author "Abdulmunin, Biliqees"
Now showing 1 - 2 of 2
Results Per Page
Sort Options
Item IMPACT OF CAPITAL STRUCTURE ON PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA(2021-12) Kolawole, Kayode; Ibrahim, Rahji; Abdulmunin, Biliqees; Ibrahim, WasiuThe appropriate financing mix is an important decision which influences the survival of any financial institution. Hence, the need to examine the capital structure and performance of Nigerian banks. Secondary data was sourced from annual reports of thirteen banks in Nigeria covering 2011 to 2020. Panel least square analysis was used to analyzed the data obtained for the study. The findings showed that debt is a significant determinant of performance with coefficient values of 6.102075 at 5% significance level. The study further revealed that equity has a positive relationship with performance of Nigerian deposit money banks with coefficient values of 2.097716 at 1% significance level. Thus, the study concludes that capital structure has significant impact on performance of deposit money banks in Nigeria. Deposit money banks in Nigeria should try to finance from retained earnings and other forms of equity financing rather than relying heavily on debt capital as debt has negative impact on shareholders’ wealth maximization.Item Impact of Financial Inclusion on Economic Growth in Nigeria(Published by Department of Finance, University of Ilorin, 2019) Abdulmunin, Biliqees; Ajayi, Micheal; Kolawole, Kayode; Oyeleye, KafilatGlobally, the financial sector of any economy is reputed to be the engine of growth and a catalyst for sustainable transformation. However, a large number of Nigerian population lack access to formal financial services. Hence the study examined the effect of financial inclusion on economic growth in Nigeria. In line with this objective, the method of analysis used in the study was Autoregressive Distributed Lags (ARDL) models on the time series which covered from 2005 to 2018. The study revealed that there is an existence of a long-run relationship between financial inclusion and economic growth in Nigeria. The study concluded that financial inclusion is a relevant determinant of economic growth in Nigeria. The study, therefore, recommended the promotion of the use of services of Deposit Money Banks (DMBs), Microfinance Banks (MFBs), credit union and cooperative societies to promote the contribution of financial inclusion to economic growth in Nigeria.