Peterson K. Ozili and Honour Ndah
This paper investigates the effect of financial development on bank profitability. The authors examine whether financial development is an important determinant of bank…
Abstract
Purpose
This paper investigates the effect of financial development on bank profitability. The authors examine whether financial development is an important determinant of bank profitability.
Design/methodology/approach
The ordinary least square and the generalized method of moments regression methods were used to analyze the impact of financial development on the profitability of the Nigerian banking sector.
Findings
The authors find a significant negative relationship between the financial system deposits to GDP ratio and the non-interest income of Nigerian banks. This indicates that higher financial system deposits to GDP depresses the non-interest income of Nigerian banks. The result implies that the larger the size of the Nigerian financial system, the lower the profitability of banks in Nigeria. Also, the authors observe that bank concentration, nonperforming loans, cost efficiency and the level of inflation are significant determinants of the profitability of Nigerian banks.
Practical implications
It is recommended that regulators should establish market-enabling policies that encourage new banks to emerge in the banking industry. The entry of new banks can lead to increase in financial system deposits and credit supply for economic growth. Regulators also need to understand the role of Nigerian banks in promoting financial development and find ways to collaborate with banks towards financial sector development. Another implication of the findings for asset managers is that asset managers will need to take into account the prevailing level of financial development, particularly the size of the financial system, in their asset pricing and investment decisions. This will ensure that investors get value for their investments in Nigeria. The financial implication of the study is that the level of financial development in Nigeria can improve the finance-growth linkages in Nigeria through the efficient allocation of credit and capital to crucial sectors of the Nigerian economy to spur growth in those sectors.
Originality/value
Evidence dealing with how financial development affects the profitability of the banking sector in African countries is scarce in the literature, and is completely absent for Nigeria. This paper addresses this research gap.
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Prince Agwu, Uzoma Okoye, Prince Ekoh, Ngozi Chukwu, Chinyere Onalu, Ijeoma Igwe, Paul Onuh, Gift Amadi and George Nche
Sex work migration involves a huge number of females from Nigeria, and has attracted concerns within and across the country. To add to ongoing conversations about responsible…
Abstract
Purpose
Sex work migration involves a huge number of females from Nigeria, and has attracted concerns within and across the country. To add to ongoing conversations about responsible migration, our review underscores the prevalence of sex work migration in Edo State, Nigeria, the drivers and interventions.
Design/methodology/approach
The review adopted exhaustive search terms coined with the aid of “Boolean Operators”. Search terms were entered into several search engines and databases to elicit peer-reviewed and grey literature within sex work migration and human trafficking for commercial sex. An output of 578 studies was recorded with 76 (43 academic papers and 33 grey literature) meeting the inclusion criteria.
Findings
The study acknowledged wide-spread prevalence of sex work migration involving Nigerian females who are largely from Edo State. It achieved a prioritization of the factors that drive sex work migration based on how frequent they were mentioned in reviewed literature: economic (64.4%), cultural (46%), educational (20%), globalization (14.5%) and political factors (13.2%). Several interventions were highlighted together with their several limitations which include funding, absence of grass-roots engagement, dearth of appropriate professionals, corruption, weak political will, among others. A combination of domestic and international interventions was encouraged, and social workers were found to be needful.
Originality/value
Our systematic review is the first on this subject, as none was found throughout our search. It seeks to inform policy measures and programmes, as well as horizontal efforts poised to tackle the rising figures of sex work migrants and attendant consequences in Nigeria.
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Rui Jia, Zhimin Shuai, Tong Guo, Qian Lu, Xuesong He and Chunlin Hua
This study aims to analyze the influence of farmers’ degree of participation in collective action on their adoption decisions and waiting time regarding soil and water…
Abstract
Purpose
This study aims to analyze the influence of farmers’ degree of participation in collective action on their adoption decisions and waiting time regarding soil and water conservation (SWC) measures.
Design/methodology/approach
The Probit model and Generalized Propensity Score Match method are used to assess the effect of the degree of participation in collective action on farmers’ adoption decisions and waiting time for implementing SWC measures.
Findings
The findings reveal that farmers’ engagement in collective action positively influences the decision-making process regarding terrace construction, water-saving irrigation and afforestation measures. However, it does not significantly impact the decision-making process for plastic film and ridge-furrow tillage practices. Notably, collective action has the strongest influence on farmers’ adoption decisions regarding water-saving irrigation technology, with a relatively smaller influence on the adoption of afforestation and terrace measures. Moreover, the results suggest that participating in collective action effectively reduces the waiting time for terrace construction and expedites the adoption of afforestation and water-saving irrigation technology. Specifically, collective action has a significantly negative effect on the waiting time for terrace construction, followed by water-saving irrigation technology and afforestation measures.
Practical implications
The results of this study underscore the significance of fostering mutual assistance and cooperation mechanisms among farmers, as they can pave the way for raising funds and labor, cultivating elite farmers, attracting skilled labor to rural areas, enhancing the adoption rate and expediting the implementation of terraces, water-saving irrigation technology and afforestation measures.
Originality/value
Drawing on an evaluation of farmers’ degree of participation in collective action, this paper investigates the effect of participation on their SWC adoption decisions and waiting times, thereby offering theoretical and practical insights into soil erosion control in the Loess Plateau.