Digital channels and internet banking as drivers of financial performance in Nigerian deposit money banks

2026-08-04T22:03:31+00:00

This study investigates whether digital channels and internet banking are associated with the financial performance of deposit money banks (DMBs) in Nigeria. Over the last decade, the rollout of automated teller machines (ATMs), point-of-sale (POS) infrastructure, and web-based banking platforms has reshaped how Nigerian banks deliver services and interact with customers, prompting sustained interest in whether this infrastructure translates into stronger profitability. Drawing on secondary data for the period 2009 to 2024, obtained from the Central Bank of Nigeria (CBN), the Nigeria Inter-Bank Settlement System (NIBSS), and the annual reports of sampled banks, the study applies multiple regression analysis to examine how digital channel deployment and internet banking usage relate to two profitability indicators: return on assets (ROA) and return on equity (ROE). The results show that digital channels and internet banking are each positively and significantly associated with bank profitability. This suggests that expanding digital infrastructure and deepening online banking adoption go hand in hand with stronger profitability, greater operational efficiency, and improved competitive positioning. The study concludes that well-managed digital infrastructure is a meaningful contributor to operational efficiency and recommends that Nigerian banks sustain investment in digital transformation.

Green accounting practices and financial performance of natural resources companies in Nigeria (2015 - 2024)

2026-08-07T10:37:16+00:00

The study examined Green Accounting practices and the Financial Performance of Natural Resources in Nigeria. Specifically, the study ascertained the effect of Environmental cost on the following financial performance indices of quoted natural resources companies in Nigeria; Earnings per Share (EPS) and Return on Equity (ROE). The research was conducted using the ex-post facto research design. Secondary data were collected from the annual reports of four natural resources companies quoted on the floor of the Nigeria Exchange Group (NGX) between 2015 to 2024. The population of the study remained the sample because they are few and known. Using Unit root tests, and Panel Least Squares (PLS) regression analysis to analyze the data, the result revealed a negative relationship between environmental cost and earnings per share with β = –0.706823; p-value of 0.0377 for EPS, indicating that green accounting practices may impose short-term financial burden on natural resources companies. The study also showed that environmental cost had a positive but non-significant effect on ROE at a β = 0.019760 and p-value of 0.9169. The study therefore concludes by suggesting that management of quoted natural resources companies should adopt cost-efficient environmental management practices that minimize environmental expenses without compromising sustainability objectives. The study recommended that firms should balance environmental expenditures with revenue-generating and operational efficiency strategies in order to protect shareholders’ returns and integrate green accounting practices with effective investment and corporate governance policies to improve shareholders’ value.

International journal of economic perspectives

Digital channels and internet banking as drivers of financial performance in Nigerian deposit money banks

Green accounting practices and financial performance of natural resources companies in Nigeria (2015 - 2024)