Impact of Information and Communication Technology on the Performance of Deposit Money Banks in Nigeria

Peace, Nwakoby Nkiru; Sidi, Charity Philip; Abomeh, Ofobruku Sylvester

doi:10.18488/journal.11.2018.74.225.239

Cited by 9 publications

(8 citation statements)

References 4 publications

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“…Joining international trade agreements allows developing countries to attract more FDI and thus increase economic growth. Nourbakhshian et al, (2012); Nkiru, Sidi & Abomeh (2018), showed in their study that international trade has positive impact on FDI, considered to the MNCs searching for a better business environment, competitive price labor skills, and sharper global competition to lead the MNCs in finding a lower production cost country (Jermsittiparsert, 2016). Hence we expect the trade openness-FDI relationship to be positive.…”

Section: International Trade (Trade Openness)mentioning

confidence: 99%

The Determinants of FDI in OIC Countries

Sajilan¹,

Islam²,

Ali³

et al. 2019

IJFR

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Foreign Direct investment (FDI) is considered to be an important source of capital especially in developing countries. FDI supplements local savings and brings a series of benefits in host countries. This research has focused OIC on countries since these countries are still far behind in attracting FDI compared to other developing countries. OIC member countries inhibit diversity in their resources from resource rich to resource poor countries. They lack behind the developed world in terms of economic development pertaining to weak economies. Since for these types of countries FDI can prove to be a vital source of capital, it becomes important to study the factors that affect it. This study exactly does the same by incorporating a series of determinants (inflation, size of the economy, trade openness, infrastructure, and institutional quality) to assess the impact they have in attracting FDI. We have used data for 42 countries spanning over 1996-2013. The choice of data selection has been dictated by data availability. For estimation we have used panel fixed effects and random effects estimators. Our results indicate that size of economy, infrastructure and trade openness are positively and significantly related in attracting FDI in those countries. Institutions on the other hand are negatively related. The effects of inflation are somewhat mixed according to our estimation and not robust. The implications of our findings are that policy makers should expend efforts in making more trade oriented policies, improve infrastructure and increase the size of economy.

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Section: International Trade (Trade Openness)mentioning

confidence: 99%

The Determinants of FDI in OIC Countries

Sajilan¹,

Islam²,

Ali³

et al. 2019

IJFR

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“…It is an organized, integrated framework for automating processes and controlling information production using computers, telecommunication devices, software, and other communication gadgets to improve the efficiency of daily operational activities to achieve strategic goals (Dalis et al, n.d.). ICT comprises devices and software that connect different computer hardware components to transfer data from a particular geographical location to another (Peace et al, 2018). Due to the nature of banks' operations and services, new technologies need to be adopted.…”

Section: Information and Communication Technologymentioning

confidence: 99%

“…It was generally uncomfortable and inconvenient, in the sense that customers could only go to the branch in which their account is domiciled to carry out bank transactions. The need for performance and efficacy in bank operations as a prerequisite for the survival of the financial services providers and banks needs not be overemphasized (Binuyo & Aregbeshola, 2014;Peace et al, 2018). Putting into consideration the potency of knowledge as one of the forces that enhance economies across the globe has made the world digress to a knowledge-productive economy, thus presenting ICT as one of the principal drivers of economic growth (San-Jose et al, 2009;Binuyo & Aregbeshola, 2014).…”

Section: Introductionmentioning

confidence: 99%

Covid-19 Pandemic and ICT Performance in Nigerian Banks: Financial Transaction Perspective

Frances¹,

Tanimu²,

Onodugo³

et al. 2023

IJEBCE

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The global outbreak and spread of coronavirus disease (COVID-19) have been referred to as the most dangerous pandemic since World War II. The speed of the spread and the severity of the damage caused by the virus has traumatized the global economy affecting both banks and customers. With the lockdown imposed by the government to restrict the movement of people and activities caused by the increased level of coronavirus cases in Nigeria, the fate of the financial users of about 40 million became unknown. Given the analysis of data on trends of COVID-19 infections from the World Health Organization and Nigerian Centres for Disease Control and Prevention, the study assessed the current situation. It indicated some specific concepts that the banking sector should consider and address while taking the necessary measures to cope with the new change. The study used an ex-post-facto research design, enabling the researcher to measure the effect or relationship between the dependent variable and explanatory variables using time-series secondary data. The data collected was reviewed, and validated by CBN, the Nigeria Bureau of Statistics, and the Nigerian Inter-Bank Settlement System (NIBSS) websites. The study concluded that the ICT volume of e-payment has no significant effect on operational efficiency in Nigeria Banks, and the ICT value of e-payment significantly affects operational efficiency in Nigeria Banks during the coronavirus lockdown.

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“…Mukasa (2011( , Kamil (2015, Suyanto and Trisnawati (2016), Nkiru, Sidi & Abomeh (2018) found that tax awareness has a positive and significant impact on taxpayer compliance. Taxpayers that have an adequate level of education will better understand the system and rules of taxation better.…”

Section: Moderating Role Of Awarenessmentioning

confidence: 99%

Education, Service Quality, Accountability, Awareness, and Taxpayer Compliance: Individual Taxpayer Perception

Ratnawati¹,

Sari²,

Sanusi³

2019

IJFR

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The aim of this study is to investigate how education, service quality, and accountability affect taxpayer compliance and awareness. A model was developed and tested by using a sample of 253 taxpayers listed on the Directorate General of Taxation in Riau, Indonesia. Data were collected and analyzed by using least squares regression and moderated regression analyses. Results show that education, service quality, and accountability affect taxpayer compliance. The results also indicate that tax awareness strengthen the effects of education, service quality, and accountability on taxpayer compliance.

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Impact of Information and Communication Technology on the Performance of Deposit Money Banks in Nigeria

Cited by 9 publications

References 4 publications

The Determinants of FDI in OIC Countries

The Determinants of FDI in OIC Countries

Covid-19 Pandemic and ICT Performance in Nigerian Banks: Financial Transaction Perspective

Education, Service Quality, Accountability, Awareness, and Taxpayer Compliance: Individual Taxpayer Perception

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