Journals

This study assesses the effect of e-tax system on tax administration in Adamawa State of Nigeria. The study adopted survey research design. Primary data was collected from the Adamawa State civil servants, staff of federal institutions and establishments, business owners and tax consultants/tax auditors. The study used Partial Least Squares (PLS) Technique in analyzing the data and hypothesis testing. The result of the study shows that e-tax registration has a positive and significant relationship with tax administration in Adamawa State. Also, e-filling of tax return has a positive and significant relationship with tax administration in Adamawa State. The study recommends based on the finding that the management of Adamawa State Board of Internal Revenue should ensure that there is continuation of the use of technology for training and workshops which should be organized for the taxpayers in order to adopt the use of e-tax registration. Also, there should be training and workshops for taxpayers in order to adopt the use of e-filling of tax return.

This paper seeks to empirically examine how the board qualities affect the integrated reporting of publicly listed manufacturing companies in Nigeria. The number of firms included in the sample is thirty-three (33) manufacturing companies. Multiple regression was employed to examine the data gathered from the annual report for the years 2022 to 2024. The study revealed that board meeting attendance and board qualifications have a statistically significant positive impact on the integrated reporting of listed manufacturing companies in Nigeria. Based on the results, the paper concluded that the boards of manufacturing companies in Nigeria should promote consistent attendance at board meetings, as this would facilitate discussions on issues and lead to improved resolutions regarding the reporting system to ensure effective communication with all stakeholders. Moreover, the shareholders ought to appoint more directors with advanced qualifications, particularly those holding PhD degrees. This will allow the board to introduce new innovations to tackle financial difficulties.

Cyber security and data privacy weaknesses in Nigeria’s digital tax system undermine taxpayer trust and compliance, revealing the need for stronger regulations and institutional safeguards. Despite increased digitalization in tax administration, limited empirical evidence exists on how cyber security and data protection influence taxpayer trust in Nigeria. This study investigates the extent to which cyber security infrastructure (CSI) and data protection regulation (DPR) predict taxpayer trust in Nigeria’s digital tax platforms. A cross-sectional survey design was employed, involving 300 participants selected through purposive sampling. Responses were captured using a structured questionnaire and rated on a 5-point Likert scale. Descriptive statistics and simple linear regression models were applied to analyze the data. Results revealed a statistically significant relationship between CSI and taxpayer trust as well as DPR and taxpayer trust. The regression models indicate that cyber security infrastructure and data privacy safeguards collectively explain meaningful proportions of the variance in trust levels among users of digital tax systems. These findings underscore the critical role of digital security investments and effective regulatory enforcement in fostering user confidence and promoting voluntary compliance in Nigeria’s fiscal digital transformation. The study concludes that strong cyber security and data privacy measures boost taxpayer trust and compliance in Nigeria’s digital tax system. It recommends that security infrastructure and data protection regulations should be enhanced.

This study examines the effects of different revenue sources on government recurrent expenditure in Nigeria from 2005 to 2024, addressing critical fiscal sustainability challenges facing Africa's largest economy. Using ex-post facto research design and time series data from the Central Bank of Nigeria and World Bank databases, the study employed multiple regression analysis to investigate the relationship between oil tax revenue, non-oil tax revenue, excess crude account revenues, and government recurrent expenditures. The findings reveal that non-oil tax revenue is the sole significant predictor of recurrent expenditures. Contrary to expectations, oil tax revenue and excess crude account revenues showed no significant effects on recurrent expenditures, highlighting a disconnection between Nigeria's oil wealth and operational spending patterns. The study concludes that Nigeria's recurrent expenditure financing increasingly depends on diversified, non-oil revenue sources rather than volatile petroleum revenues. It is recommended among others that government should improve the revenue diversification efforts to achieve more effective and efficient influence of the non-oil tax revenue on the government expenditures.

The significance of professional forensic accountants in both the public and private sectors cannot be overemphasized, particularly in the fight against financial misconduct. This study examines the role of forensic accounting as a strategic tool for detecting and preventing fraud in public sector organizations, with specific reference to selected ministries in Kano State, Nigeria. To achieve this objective, data were collected through the administration of 385 structured questionnaires distributed across three key ministries. Out of these, 355 questionnaires were duly completed and returned, representing a high response rate. The collected data were analyzed using descriptive statistical tools, including tables and percentages, to present a clear overview of the respondents' views. Additionally, hypotheses formulated for the study were tested using the Chi-Square (χ²) statistical method to determine the significance of the relationships between variables. The findings of the study reveal that the implementation of forensic accounting significantly contributes to the reduction of fraud cases in the selected ministries. Moreover, there is substantial support within these ministries for the adoption of forensic accounting practices, highlighting a growing awareness of its benefits in promoting transparency and accountability in public financial management. Based on these findings, the study recommends that ministries in Kano State should fully integrate forensic accounting into their financial systems. This includes the adoption of modern accounting and auditing software, continuous training and capacity building for accounting personnel, and strict compliance with professional accounting and auditing standards. These measures are essential to enhance the effectiveness of fraud detection and prevention mechanisms within the public sector.

This study assesses the impact of corporate governance on the dividend policy of listed deposit money banks in Nigeria. The decision by the Board of Directors to pay dividends from a firm's earnings is of significant interest to management, shareholders, and researchers due to its perceived impact on firm value. The Nigerian banking sector, like other financial institutions globally, experiences financial scandals, making adherence to good corporate governance crucial for business survival and increasing shareholder value. This study utilized secondary data obtained from the annual reports and accounts of six selected Nigerian banks, analyzing the data using panel regression analyses. The findings indicate that board size, board independence, and board meetings positively affect dividend policy, while the audit committee has a negative effect. Specifically, only board independence and audit committee size were found to be statistically significant determinants of dividend ratio, with board independence showing a positive relationship and audit committee size exhibiting a negative relationship. Board size and board meeting frequency were found to be statistically insignificant. The model explains approximately 21.5% of the variation in dividend ratio. The study recommends increasing audit committee membership and the number of independent directors on the board of banks to enhance dividend policy. This aligns with the agency theory, which suggests that good corporate governance protects stakeholder interests and separates ownership from management.

This study examines the extent to which audit committee characteristics affect the quality of financial reporting of listed industrial goods firms in Nigeria. The study adopted correlational research design with audit committee characteristics as independent variable proxy by audit committee size, audit committee independence, audit committee financial expertise, audit committee meetings and audit committee gender diversity while financial reporting quality is the dependent variable measured by discretionary accrual. The population of the study is 13 listed industrial goods companies out of which 11 companies were purposively sampled for the study. The study used secondary data extracted from the published annual reports and accounts of listed non-financial companies in Nigeria. The study covered period of ten (10) years from 2014 to 2023. Multiple regression model was employed for data analysis with aids of STATA-17 version. The study revealed that audit committee independence and audit committee meetings have positive and significant effect on the financial reporting quality of listed industrial goods companies in Nigeria. Whereas, audit committee size and audit committee gender diversity have insignificant effect on the financial reporting quality in the listed industrial goods firms in Nigeria. Therefore, the study recommended that, the management of industrial goods companies in Nigeria should engage more independent members to the audit committees to ensure objectivity and transparency to improve the quality of financial reporting.

The study examined the effect of corporate governance mechanisms on financial reporting timeliness of listed insurance companies in Nigeria. The study employed expost facto research design with the population consisting of twenty-five (25) listed insurance companies utilizing panel data covering 11 years’ period ranging from 2014-2024. Annual reports used were obtained from Nigerian Stock Exchange (NSE) website. Panel corrected standard error regression analysis was used to test for the selected determinants (board size, board independence, audit committee and directors shareholding) of financial reporting timeliness. The result of the study shows that board independence had an insignificant effect on financial reporting timeliness. The study concluded that board independence, audit committee diligence, audit firm type and director shareholding significantly reduce delay associated with financial reporting of listed insurance companies in Nigeria. It is recommended that insurance firms should increase the number of independent non-executive directors on the board, Improve audit selection, encourage director’s interests in shareholdings and also perform more due diligence in selecting their external auditor.

Reduction in the number of Deposit Money Banks in Nigeria and the declining financial performance in the banking sector has called for an in-depth review of its governance mechanism, this study examines the moderating effect of audit quality on the relationship between board size, board independence and financial performance of listed deposit money banks in Nigeria from 2014 to 2023. The study aims to evaluate how audit quality influences the effect of board characteristics on financial performance, focusing on board size and independence. Using an ex-post facto research design, secondary data were sourced from the audited annual reports of 14 listed Deposit Money Banks in Nigeria, analyzed through panel regression techniques. The findings revealed that while board size positively affects financial performance, its significance diminishes when audit quality is introduced as a moderator. Board independence consistently exhibits a significant positive effect on financial performance. Audit quality significantly enhances financial performance directly and moderates the relationship with board independence but not with board size. This study concludes that board independence and high-quality audits are essential for improved financial performance, while the benefits of larger boards are context-dependent. This study recommends maintaining board size at minimum of 5 members, prioritizing independent directors and engaging top-tier auditors to enhance financial performance.

A company's financial structure is determined by its financing choices, and poor financing choices can result in poor financial performance hence, business failure. This study, therefore, investigates the relationship between capital structure and financial performance. The population of the study was thirteen (13) listed deposit money banks in Nigeria. The purposeful sampling method was adopted to select eleven (11) listed Banks as the sample for the study. The study employed quasi experimental research design with secondary panel data from the financial statements for the period 2013-2022. Dynamic panel-data estimation, one-step GMM was employed to test the hypothesis with the aid of STATA 14. The study found that both long-term debt to equity ratio and short-term debt to equity ratio have positive and significant relationship with financial performance (ROE). Also, long-term debt-to-asset ratio has a positive but not significant relationship with performance, and total debt to equity has a negative but significant relationship with performance (ROE). The paper concludes that Modigliani and Miller (1958) theory should be revisited, as evidence from this study proves contrary to this popular theory that says financial mix is irrelevant. The paper therefore recommends that managers of listed deposit money banks in Nigeria should be cognizant of this fundamental fact about finance mix and strive to maintain an optimum mix for better performance.