Archives
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EKSU INTERNATIONAL JOURNAL OF MANAGEMENT AND DEVELOPMENT STUDIES (IJMDS)
Vol. 5 No. 1 (2025)THE JOURAL OF THE DEPARTMENT OF BUSINESS ADMINISTRATION, FACULTY OF MANAGEMENT SCIENCES, EKITI STATE UNIVERSITY, ADO EKITI, NIGERIA
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Nigerian Journal of Banking and Financial Issues (NJBFI)
Vol. 10 No. 1 (2024)© Department of Finance
Ekiti State University, Ado Ekiti, Nigeria.
The Nigerian Journal of Banking and Financial issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or related disciplines. It is biannual Journal published by the department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
The Journal contains analysis of Banking and Financial Issues relevant to the Nigeria Economic experience and financial policies. Opinions expressed herein are those of the authors are not necessarily those of the Department of Finance.
All right reserved. No part of this publication may be reproduced or transmitted in any form or by any means. electronic, mechanical, photocopying, recording or otherwise of series in any retrieval system of any nature, without the prior written permission of the copyright holder.
Subscription Rate: Nigeria
Students: N2,000
Others: N2,500
Foreign US $25
Volume 10 No. 1, March 2024
ISSN: 119 - 8494
Printed in Nigeria by:
Department of Finance
Ekiti State University,
Ado Ekiti,
Nigeria.
Tel: 08035023117,
080283887163.
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NIGERIAN JOURNAL OF BANKING AND FINANCIAL ISSUES (NJBFI)
Vol. 11 No. 1 (2025)Nigerian Journal of Banking and Financial Issues (NJBFI)
Volume 11, No. 1, March 2025
A Publication of: Department of Finance Ekiti State University, Ado-Ekiti
© Department of FinanceEkiti State University, Ado Ekiti, Nigeria.
The Nigerian Journal of Banking and Financial issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or related disciplines. It is a biannual Journal published by the Department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
The Journal contains analysis of Banking and Financial Issues relevant to the Nigeria Economic experience and financial policies. Opinions expressed here in are those of the authors and not necessarily those of the Department of Finance.
All right reserved. No part of this publication may be reproduced or transmitted in any form or by any means. electronic, mechanical, photocopying, recording or otherwise of series in any retrieval system of any nature, without the prior written permission of the copyright holder.
ISSN: 119 - 8494
Printed in Nigeria by: Department of Finance Ekiti State University, Ado Ekiti,
Nigeria.
Tel: 08035023117,
080283887163.
EDITOR -IN- CHIEF: PROF. J. A. OLOYEDE MANAGING EDITOR: PROF. (MRS) B. A. AZEEZ ASSOCIATE EDITOR: DR. F. T. KOLAPO
ADVISORY BOARD PROF. WOLE ADEWUNMI PROF. W. I. IYIEGBUNIWE PROF. S. I. OWUALAH
PROF. (MRS) E. O. ADEGBITE PROF. FAMOUS IZEDOME PROF. A. A. AWE
PROF. T. M. OBAMUYI PROF. S. O. AKINMULEGUN PROF. F. M. EPETIMEHIN PROF. S. A. TELLA
PROF. R. O. SOMOYE
EDITOR
PROF. S. O. ADEUSI
PROF. A. O. ADARAMOLA PROF. DAPO FAPETU PROF L. B. AJAYI
PROF M. O. OKE
PROF. L. A. SULAIMAN DR. J. O. MOKOLU PROF. J. A. AJAYI
BUSINESS MANAGERS
- S. O. DADA
- MRS. O. G. OBISEAN DR. MRS. A. O. ADEJAYAN DR. I. E. AJAYI
The Nigerian Journal of Banking and Financial Issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or related disciplines. It is a bi-annual Journal published by the Department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
Interested contributors are invited to submit well researched papers which have not been published either in whole or part in any journal.
- Soft copy of manuscripts should be sent to financejournal@eksu.edu.ng.
- Font size should be New Time Roman 12".
- The soft copy must not exceed 18 pages including notes, ref, tables and
- Authors must follow the structure specified in the
- Key words must be maximum of 6
- Abstract must be maximum of 200
- All references must be APA 7th edition
- Manuscript which does not confirm to these guidelines may be returned
All manuscripts and correspondence should be sent to: The Managing Editor
Nigerian Journal of Banking and Financial IssuesC/O Department of Finance Ekiti State University
Ado Ekiti, Nigeria. financejournal@eksu.edu.ng
Or
The Associate Editor Department of Finance funsho.kolapo@eksu.edu.ng
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Nigerian Journal of Banking and Financial Issues
Vol. 9 No. 1 (2023)© Department of FinanceEkiti State University, Ado Ekiti, Nigeria.
The Nigerian Journal of Banking and Financial Issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or tested disciplines. It is biannual journal published by the Department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
The Journal contains analysis of banking and finance issues relevant to the Nigeria economic experience and financial policies. Opinions expressed herein are these of the authors and her necessarily those of the Department of Finance.
All right reserved. No part of this publication may be reproduced or transmitted in any form or by any means. electronic, mechanical, photocopying, recording or otherwise of series in any retrieval system of any nature, without the prior written permission of the copyright holder.
Subscription Rate: Nigeria
Students: N2,000
Others: N2,500
Foreign US $25
ISSN: 1119 - 8494
Printed in Nigeria by: Department of Finance Ekiti State University Ado Ekiti,
Nigeria.
Tel: 08035023117,
080283887163.
EDITOR –IN – CHIEF: PROF. J. A. OLOYEDE MANAGING EDITOR: DR.(MRS) B. A. AZEEZ ASSOCIATE EDITOR: DR. F. T. KOLAPO
ADVISORY BOARD PROF. WOLE ADEWUNMI PROF. W. I. IYIEGBUNIWE PROF. S. I. OWUALAH
PROF. (MRS) E. O. ADEGBITE PROF. FAMOUS IZEDOME PROF. A. A. AWE
PROF. T. M. OBAMUYI PROF. S. O. AKINMULEGUN PROF. F. M. EPETIMEHIN PROF. S. A. TELLA
PROF. R. O. SOMOYE
EDITORSPROF. S. O. ADEUSI PROF. A. O. ADARAMOLA DR. L. B. AJAYI
- M. O. OKE
- L. A. SULAIMAN DR. J. O. MOKUOLU DR. DAPO FAPETU DR. J. A. AJAYI
- S. O. DADA
DR.MRS. O. G. OBISESAN DR. MRS. A. O. ADEJAYAN DR. I. E. AJAYI
The Nigerian Journal of Banking and Financial Issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or tested disciplines. It is biannual journal published by the Department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
Interested contributors are invited to submit well researched papers which have not been provide published either in whole or part in any journal.
i Three copies of the manuscript should be submitted, each copy of which must be typed on one side of A4 sized paper only and double spaced.
- Manuscript should not exceed twenty pages, including notes, reference, table and chart
- The cover page of each manuscript should contain title of papers, names(s) and additional of author(s)
- An abstract of not more than 120 words typed single spaced on a separate sheet book precede the main text. The short abstract should summarize the main argument of the article
- Bibliographical references should be indicated in the text using the author data style with page numbers where necessary. All reference must adopt America psychological Associate (APA) current style and reference pattern.
- Table and charts should be placed as close as possible to relevant discussion. End noted should be numbered consequently, and should not solely comprise references.
- Manuscript which do not conform to these guidelines may be returned
The Managing Editor:
Journal of Banking and Financial Issues C/o Department of Finance
Ekiti State University, Ado -Ekiti, Nigeria.
OR
The Business Editor: Department of Finance,
E-mail: samuel.dada@eksu.edu.ng
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Eksu INTERNATIONAL JOURNAL OF MANAGEMENT AND DEVELOPMENT STUDIES (IJMDS)
Vol. 4 No. 2 (2024)Eksu INTERNATIONAL JOURNAL OF MANAGEMENT AND DEVELOPMENT STUDIES (IJMDS)
Published by
THE DEPARTMENT OF BUSINESS ADMINISTRATION, FACULTY OF MANAGEMENT SCIENCES, EKITI STATE UNIVERSITY, ADO EKITI, NIGERIA
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EKSU Journal of Management Research (EJMR)
Vol. 3 No. 1 (2024)Publication of the Faculty of The Management Sciences of Ekiti State University, Ado - Ekiti
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Nigerian Journal of Banking and Financial Issues (NJBFI)
Vol. 9 No. 2 (2023)The Nigerian Journal of Banking and Financial issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or related disciplines. It is biannual Journal published by the department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
The Journal contains analysis of Banking and Financial Issues relevant to the Nigeria Economic experience and financial policies. Opinions expressed herein are those of the authors are not necessarily those of the Department of Finance.
All right reserved. No part of this publication may be reproduced or transmitted in any form or by any means. electronic, mechanical, photocopying, recording or otherwise of series in any retrieval system of any nature, without the prior written permission of the copyright holder.
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EKSU INTERNATIONAL JOURNAL OF MANAGEMENT AND DEVELOPMENT STUDIES (IJMDS)
Vol. 1 No. 1 (2024)EKSU INTERNATIONAL JOURNAL OF MANAGEMENT AND DEVELOPMENT STUDIES (IJMDS)
Published by
THE DEPARTMENT OF BUSINESS ADMINISTRATION, FACULTY OF MANAGEMENT SCIENCES, EKITI STATE UNIVERSITY, ADO EKITI, NIGERIA
EDITORIAL BOARD
Prof. K. K. Arogundade Editor in Chief
Prof. N. I. Akeke Managing Editor
Business Editor
Dr. A. M. Awolaja
Dr. H. O. Adetayo
Dr. C. F. Ogundipe
Dr. E.J. Fayomi
Dr. C. N. Okolugbo
Dr. O. M. Ajayi
EDITORIAL ADVISORY BOARD
Prof. A. L. Toriola Tshwane University of Technology, Pretoria, South Africa
Prof. J. A. Oloyede Ekiti State University, Ado Ekiti, Nigeria
Prof. T. O. Asaolu Obafemi Awolowo University, Ile Ife, Nigeria
Prof. T. I. Akomolede Ekiti State University, Ado Ekiti, Nigeria
Prof. S. O. Adeusi Ekiti State University, Ado Ekiti, Nigeria
Prof. A. O. Adaramola Ekiti State University, Ado Ekiti, Nigeria
Prof. M. O. Oke Ekiti State University, Ado Ekiti, Nigeria
REVIEW EDITORS
Prof. P. O. Oke University of Lagos, Nigeria
Prof. L.B. Ajayi Ekiti State University, Ado Ekiti, Nigeria
Prof. P. O. Oladele Federal University, Oye Ekiti, Nigeria
Dr. T. W. Otapo Adekunle Ajasin University, Nigeria
Dr (Mrs) O. G. Obisesan Ekiti State University, Nigeria
Dr. Dada O. University of Ibadan, Nigeria
Dr. S. O. Dada Ekiti State University, Nigeria
Mr. James Chibuike Duru American University, Washington DC
Table of Content
TELLA. R., & ADEBIYI, J. (2024). Comparative Analysis of Management Accounting Practices and Management Levels in Businesses for Sustainable Development Goals. . Eksu International journal of management and development studies. special issue (1) 3-10
TELLA. A. R., ADEWOYE, J.O. & AKINDELE T. R. (2024). Evaluating the Impact of Technological Innovations on Customer Satisfaction in Nigerian Electricity Distribution Companies. Eksu International journal of management and development studies. special issue (1) 10-22
AROGUNDADE, K. K., OGUNDIPE, C. F. & AWOKOYA O. A. & AREOLA, T. O.(2024). The Role of Coercion Mitigation Practices in Enhancing Stability in Public and Private Higher Education Institutions in Southwest Nigeria.. Eksu International journal of management and development studies. special issue (1) 23-37
OLUKOREDE, B. B., FAYOMI, E. J., AYODELE, O.O. & SADAMORO, F. (2024). Incentive Strategies and Institutional Stability in Public and Private Universities In Southwest, Nigeria. Eksu International journal of management and development studies. special issue (1) 38-53
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EKSU Journal of the Management Scientists
Vol. 3 No. 1 (2024)EKSU Journal of the Management Scientists (ejms), is a bi-annual journal and one of the official journals of the Faculty of Management Sciences, Ekiti State University, Ado Ekiti, Nigeria. The journal is published both in hard and soft copies. As a university-based journal, it is also a double blind peer reviewed journal that publishes theoretical, empirical and experimental papers that contribute significantly to the disciplines of Management Sciences and Economics. These we achieve by using a wide range of research methods including statistical analysis, analytical work, case studies, field research, literature surveys and historical analysis. Articles examining significant research questions from a broad range in Accounting, Banking and Finance, Economics, Management, Marketing, Insurance, Education and other related fields are encouraged to be sent.
All papers are subjected to peer-review by members of the editorial board or other senior academics by the use of double blind peer review system. If accepted, the papers will be published in the issue of the current volume. The journal welcomes the submission of manuscripts that meet the general scope and criteria of publication of the Faculty of Management Sciences, Ekiti State University, Ado Ekiti, Nigeria.
Our peer-review is highly rigorous and but takes just a few weeks. Authors are carried along adequately in all the publication processes.
Procedure for the submission of manuscripts
Manuscripts should be submitted online as attachment via the journal’s email address: ejms.fms@eksu.edu.ng
Upon receipt of manuscripts, the Managing Editor sends an e-mail of confirmation to the corresponding author within 1-2 working days. In absence of a confirmation email, you are advised to contact the Editor via these phone numbers: 002348033881329 and 002348074968285
Fees and Charges
An author is made to pay a non-refundable processing and handling fee of $10 USD or N5,000= only, the receipt of which must be sent to the journal email address along with the manuscript as attachments.
Upon acceptance of the article, an author is made to pay a publication fee of $50 USD or N20,000= only, the receipt of which must also be sent to the journal email address along with the corrected manuscript as attachments.
All payments MUST be made in favour of:
Account Name: EKSU Journal of the Management Scientists
Account Number: 1014833246
Bank: Zenith Bank Nig. Plc.
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INTERNATIONAL JOURNAL OF MANAGEMENT AND DEVELOPMENT STUDIES (IJMDS)
Vol. 4 No. 1 (2024)INTERNATIONAL JOURNAL OF MANAGEMENT AND DEVELOPMENT
STUDIES (IJMDS)
Published by
THE DEPARTMENT OF BUSINESS ADMINISTRATION, FACULTY OF MANAGEMENT SCIENCES, EKITI STATE UNIVERSITY, ADO EKITI, NIGERIA
EDITORIAL BOARD
Prof. K. K. Arogundade Editor in Chief
Prof. N. I. Akeke Managing Editor
Business Editor
Dr. A. M. Awolaja
Dr. H. O. Adetayo
Dr. C. F. Ogundipe
Dr. E.J. Fayomi
Dr. C. N. Okolugbo
Dr. O. M. Ajayi
EDITORIAL ADVISORY BOARD
Prof. A. L. Toriola Tshwane University of Technology, Pretoria, South Africa
Prof. J. A. Oloyede Ekiti State University, Ado Ekiti, Nigeria
Prof. T. O. Asaolu Obafemi Awolowo University, Ile Ife, Nigeria
Prof. T. I. Akomolede Ekiti State University, Ado Ekiti, Nigeria
Prof. S. O. Adeusi Ekiti State University, Ado Ekiti, Nigeria
Prof. A. O. Adaramola Ekiti State University, Ado Ekiti, Nigeria
Prof. M. O. Oke Ekiti State University, Ado Ekiti, Nigeria
REVIEW EDITORS
Prof. P. O. Oke University of Lagos, Nigeria
Prof. L.B. Ajayi Ekiti State University, Ado Ekiti, Nigeria
Prof. P. O. Oladele Federal University, Oye Ekiti, Nigeria
Dr. T. W. Otapo Adekunle Ajasin University, Nigeria
Dr (Mrs) O. G. Obisesan Ekiti State University, Nigeria
Dr. Dada O. University of Ibadan, Nigeria
Dr. S. O. Dada Ekiti State University, Nigeria
Mr. James Chibuike Duru American University, Washington DC
Table of Content
Ibijoju T. R., 2Fayomi T. A., 3Adekanmbi J., A., 4Olasehinde S., A. (2024) . The Influence of Entrepreneurial Risk-Taking Propensity on Sales Performance of Small and Medium-Sized Enterprises in Southwest Nigeria. International journal of management and development studies 4 (1) 4-18
Longe, O. (2024). Diversity Management: Breaking the Barriers to Achieve Industrial Sustainability in Nigerian Organizations. International journal of management and development studies 4 (1) 19- 28
Fayomi, E. J., Akingbade, A. O., Ogundipe C. F. (2024). Dynamic Analysis of the Development of
Small And Medium Scale Enterprises in Nigeria: Issues and Prospects . International journal of management and development studies 4 (1) 29-34
Awolaja, A. M., Ogunsakin, Y. A., Olukorede, B. B. (2024). Effect Of Work Environment on Job
Performance of the Non-Academic Staff of State-Owned Universities in Ekiti State. International journal of management and development studies (1) 35 -48
Ajayi, O .M., Familoni, N. A., Olukorede, B. B., 4Ayodele, O.O. (2024). Variation in Impact of Political and Social Networking on Organisational Survival of Male and Female-led Branded Eateries in South-West Nigeria. International journal of management and development studies 4 (1) 49-61
Aroso S. O., Adebayo S. O., Asoh- Chika F. O. (2024). Parental Neglect and Attitude towards Marriage: Moderating Effect of Conscientiousness Trait among Young Adults in Ekiti State. International journal of management and development studies 4 (1) 62-71
Areola, T. O., Sadamoro, F., Adelugba, I. A ., Olukorede, B. B. (2024). Brand Awareness on Millennials’ Purchase Decision of Selected Beverages in Lagos State. international journal of management and development studies 4 (1) 72 -81
Fayomi, E. J. (2024). An Empirical Review of the Relationship between Entrepreneurial Self- Efficacy, Self-Regulation and Individual Intention for Entrepreneurship in Nigeria. International journal of management and development studies 4 (1) 82 -108
Arogundade, K. K., Fayomi, E. J., Osasona, A. V Awokoya, O. O (2024). Business Networking Variations and its effects on Organisational Survival of Male and Female-led Branded Eateries in South-West Nigeria. International journal of management and development studies 4 (1) 109-121
Ugwuoke, A.O., Aduloju, S.A. (2024). Agricultural Risk Financing in a Disaster-Prone Society: A Special Focus on World Bank’s Agricultural Grant in Enugu State, Nigeria.International journal of management and development studies 4 (1) 122-134
Stanley A. O., Spencer ,G. O. O. (2024). Evaluating the effect of Subsidy Removal on Nigerian Consumers: Strategies to Alleviate the Effect. International journal of management and development studies 4 (1) 135-145
Agboola, O.O., Alabi, W.O., Erah, B.I. (2024).The Influence of Entrepreneurial Education on the Startup and Performance of SMES in Nigeria. .International journal of management and development studies 4 (1) 146-154
Fadun, O.S., Osasona, A.V. (2024). The Influence of Life Insurance Premium on Insurance Penetration in Nigeria.Nigeria. International journal of management and development studies 4 (1) 155-167
Adetayo, A. E., Abosede, A. J. & 3Oladimeji, M. S.(2024). Market Responsiveness and MSMEs Environmental Sustainability in Lagos State. International journal of management and development studies 4 (1) 168-178
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Nigerian Journal of Banking and Financial Issues (NJBFI)
Vol. 10 No. 2 (2024)© Department of Finance
Ekiti State University, Ado Ekiti, Nigeria.
The Nigerian Journal of Banking and Financial issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or related disciplines. It is bi-annual Journal published by the Department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
The Journal contains analysis of Banking and Financial Issues relevant to the Nigeria Economic experience and financial policies. Opinions expressed herein are those of the authors and not necessarily those of the Department of Finance.
All right reserved. No part of this publication may be reproduced or transmitted in any form or by any means. electronic, mechanical, photocopying, recording or otherwise of series in any retrieval system of any nature, without the prior written permission of the copyright holder.
Subscription Rate: Nigeria
Students: N2,000
Others: N2,500
Foreign US $25
Volume 10 No. 2, September 2024
ISSN: 119 - 8494
Printed in Nigeria by:
Department of Finance
Ekiti State University,
Ado Ekiti,
Nigeria.
Tel: 08035023117,
080283887163.
EDITOR -IN- CHIEF: PROF. J. A. OLOYEDE
MANAGING EDITOR: PROF. (MRS) B. A. AZEEZ
ASSOCIATE EDITOR: DR. F. T. KOLAPO
ADVISORY BOARD
PROF. WOLE ADEWUNMI
PROF. W. I. IYIEGBUNIWE
PROF. S. I. OWUALAH
PROF. (MRS) E. O. ADEGBITE
PROF. FAMOUS IZEDOME
PROF. A. A. AWE
PROF. T. M. OBAMUYI
PROF. S. O. AKINMULEGUN
PROF. F. M. EPETIMEHIN
PROF. S. A. TELLA
PROF. R. O. SOMOYE
EDITOR
PROF. S. O. ADEUSI
PROF. A. O. ADARAMOLA
PROF. DAPO FAPETU
PROF L. B. AJAYI
PROF M. O. OKE
PROF. L. A. SULAIMAN
- J. O. MOKOLU
- J. A. AJAYI
BUSINESS MANAGERS
- S. O. DADA
- MRS. O. G. OBISEAN
- MRS. A. O. ADEJAYAN
- DR. I. E. AJAYI
CALL FOR PAPERS
The Nigerian Journal of Banking and Financial Issues (NJBFI) provides a unique forum for the articulation and dissemination of applied research by academics and professionals in the field of Banking and Finance or related disciplines. It is a bi-annual Journal published by the Department of Finance, Ekiti State University, Ado Ekiti, Nigeria.
Interested contributors are invited to submit well researched papers which have not been published either in whole or part in any journal.
- Three copies of the manuscript should be submitted, each copy of which must be typed on one
side of A4 sized paper only and double spaced.
- Manuscript should not exceed twenty pages, including notes, references, table and chart.
- The cover page of each manuscript should contain title of papers, names(s) and additional
authors(s).and affliations.
- An abstract of not more than 120 words typed single spaced on a separate sheet preceding the
main text. The short abstract should summarize the main argument of the article.
- Bibliographical references should be indicated in the text using the author date style with page
numbers where necessary. All reference must adopt America psychological Associate (APA)
7th edition and reference pattern.
- Table and charts should be placed as close as possible to relevant discussion.
- Manuscript which do not conform to these guidelines may be returned unprocessed.
All manuscript and other correspondences should be sent to:
The Managing Editor,
Journal of Banking and Financial Issues,
C/0 Department of Finance,
Ekiti State University,
Ado Ekiti, Nigeria.
OR
The Business Editor:
Department of Finance
E-mail: samuel.dada@eksu.edu.ng