The impact of information technology on bank profitability in Nigeria

Ani, Wilson U.; Odo, Cosmas Ogobuchi; Ezeudu, Ikenna

doi:10.1080/20421338.2014.895485

Cited by 6 publications

(4 citation statements)

References 10 publications

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“…Table 3.2 lists the companies that met these criteria. The criterion is in line with the study of Wilson et al (2014).…”

Section: Sample Size Of the Studymentioning

confidence: 57%

Effect of Information and Communication Technology on Financial Performance of Deposit Money Banks in Nigeria

Obasa,

Gurowa

2023

Preprint

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This study investigated the impact of information and communication technology (ICT) on financial performance of deposit money banks (DMBs) in Nigerian. The research link the idea in ICT productivity literature to that of ICT financial performance by exploring the role of complementary investment and externalities on ICT financial performance relationship in a factor modelling framework. The study adopt an Ex-post-facto research design that is entrenched in post-positivist ontology. Data for the study is obtained from Central Bank of Nigeria (CBN) annual report or statistics bulletin for 16 years, i.e. 2005-2020, and annual report of 14 DMBs in Nigeria. Analyzing the data using iterative interactive fixed effect (IIFE) model reveals that complementary investment reduces the strong positive effect of POS, and reverse the weak negative effect of IB to become positive, while the strong negative effect of MB to becomes weak and positive. Externalities on the other hand increases the weak negative effect of ATM on financial performance. Therefore, the study recommended that banks co-invest more in complementary capital, such as learning to build the necessary organisation knowledge needed to benefit from ICT investment adequately. In addition, the bank should also co-innovate and re-organise its operational process and structure to withstand any eventual security challenges.

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“…Table 3.2 lists the companies that met these criteria. The criterion is in line with the study of Wilson et al (2014).…”

Section: Sample Size Of the Studymentioning

confidence: 57%

Effect of Information and Communication Technology on Financial Performance of Deposit Money Banks in Nigeria

Obasa,

Gurowa

2023

Preprint

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“…This zakat portal’s availability is very convenient to the Muslim community as they are no longer restricted to regular office hours, and there is no need for them to go to the zakat counter. Hosseini et al (2014) emphasised that online communication affirms positive feelings in individuals and their offline associations. They also discussed that most successful businesses had deployed online communications in their business routines.…”

Section: Literature Reviewmentioning

confidence: 99%

Examining technology improvement, procedural application and governance on the effectiveness zakat distribution

Yusuf

Sanawi²,

Ghani

et al. 2022

IJOES

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Purpose This study aims to examine the factors influencing the effectiveness of zakat distribution to university students. Specifically, it examines technology improvement, procedural application and governance on Sarawak university students’ zakat distribution effectiveness. Design/methodology/approach This study used the questionnaire as a research instrument and divided it into five parts. Part A gathers demographic information of respondents. Part B measures the respondent’s opinion on current technology improvement. Part C measures university students’ opinion on zakat application procedures. Part D measures the governance concept of the zakat institution. Part E measures the effectiveness of zakat distribution. Findings This study found technology improvement and governance significantly influence the effectiveness of zakat distribution to university students. This study provides no significant influence of the procedural application on zakat distribution’s efficacy to university students. Research limitations/implications This study suggested that technology plays an essential role in zakat distribution effectiveness by providing faster data processing, easier retrieval of information and time reduction to complete a task. The enforcement of good governance by zakat institutions allows them to be competitive, meets the stakeholders’ demand and serves them better. Practical implications This study provides understanding to the zakat institutions in developing appropriate zakat distribution strategies and strengthening their management and governance system. Originality/value This paper integrates technology improvement, procedural application and governance in zakat distribution.

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“…The study recommends that it is paramount for bank management to intensify investment in ICT products to facilitate speed, convenience, and accurate service delivery. In the same vein (Olatokun and Igbinedon, 2010) Wilson et al (2014) examine the impact of Information and communication technology on bank profitability, they used a sample comprising one-quarter of the banks in Nigeria quoted on the Nigeria stock exchange. The study adopted the OLS regression techniques, it was found that the regression result was in conflict with the aprori expectations, which indicates that IT spending in the study period had no significant impact on future operating performance.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

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

Peace

Sidi

Abomeh

2018

International Journal of Management and Sustainability

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The study examines the impact of information and communication technology on the performance of deposit money banks in Nigeria between the periods 2006 to 2015. The log-linear regression model was used to test the impact of various forms of information and communication technology on the banks return on equity (ROE), the computation of the result was done using the econometric computer software package, e-view version 8.0. The result shows that the adoption of various forms of information and communication technology has greatly influenced the quality of banking operations, performance and has specifically increased banks return on equity. Information and communication technology usage can sustain returns on equity of deposit money banks in the long run. The study recommends that investment in information and communication technology should form an important component in the overall strategy of banking operation, as these will make Nigerian banks to be more efficient, profitable, and competitive.Contribution/Originality: This study contributes to the existing literature that investigated the use of ICT in Nigeria banks'. Currently there is the paucity of studies in Nigeria that examines the interbank transactions with the aid of ICT. This study contributes an important dimension in the search for better performance of Nigeria banks.

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The impact of information technology on bank profitability in Nigeria

Cited by 6 publications

References 10 publications

Effect of Information and Communication Technology on Financial Performance of Deposit Money Banks in Nigeria

Effect of Information and Communication Technology on Financial Performance of Deposit Money Banks in Nigeria

Examining technology improvement, procedural application and governance on the effectiveness zakat distribution

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

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