ELECTRONIC BANKING AND PERFORMANCE OF BANKING SECTOR IN NIGERIA
Electronic banking has become an important issue in gaining a competitive advantage while maintaining and growing overall effectiveness of banking sector. Despite the importance of electronic banking, the banking sector has continued to face challenges, such as long queues in certain banking halls,...
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| Format: | Article |
| Language: | English |
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Department of Accounting and Finance, Federal University Gusau
2025-01-01
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| Series: | Gusau Journal of Accounting and Finance |
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| Online Access: | https://journals.gujaf.com.ng/index.php/gujaf/article/view/317 |
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| _version_ | 1823857073489707008 |
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| author | Kayode David KOLAWOLE |
| author_facet | Kayode David KOLAWOLE |
| author_sort | Kayode David KOLAWOLE |
| collection | DOAJ |
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Electronic banking has become an important issue in gaining a competitive advantage while maintaining and growing overall effectiveness of banking sector. Despite the importance of electronic banking, the banking sector has continued to face challenges, such as long queues in certain banking halls, excessive cash handling by customers, and frequent network failures. Hence this research examined electronic banking and performance of banking sector in Nigeria. The financial reports of the chosen Nigerian deposit-taking banks provided the secondary data used in this investigation. The acquired data was analyzed using static panel data regression. With a coefficient value of 0.0080 and at the 5% significant level, the regression analysis's findings showed that online banking has a major impact on Nigerian deposit money banks' net interest revenue. The study's findings also showed that, at the 5% significant level, automated teller machines have an effect on the net interest revenue of deposit money institutions in Nigeria, with a coefficient value of 0.0063. With a coefficient value of 0.0056 and at the 5% significant level, the study also showed that mobile banking significantly affects the net interest revenue of deposit-taking institutions in Nigeria. The research concludes that Nigerian deposit money banks' performance is greatly impacted by electronic banking. The study recommends that in order for banks to truly gain from electronic banking, more customer orientation should be undertaken to raise awareness and encourage users to use the services.
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| format | Article |
| id | doaj-art-90b19274f3f642e2b3c486343ef2d4b0 |
| institution | Kabale University |
| issn | 2756-665X 2756-6897 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Department of Accounting and Finance, Federal University Gusau |
| record_format | Article |
| series | Gusau Journal of Accounting and Finance |
| spelling | doaj-art-90b19274f3f642e2b3c486343ef2d4b02025-02-12T01:06:37ZengDepartment of Accounting and Finance, Federal University GusauGusau Journal of Accounting and Finance2756-665X2756-68972025-01-015210.57233/gujaf.v5i2.13ELECTRONIC BANKING AND PERFORMANCE OF BANKING SECTOR IN NIGERIAKayode David KOLAWOLE 0Faculty of Economic and Financial Sciences Walter Sisulu University, Mthatha, Private Bag X1, UNITRA, 5117, South Africa Electronic banking has become an important issue in gaining a competitive advantage while maintaining and growing overall effectiveness of banking sector. Despite the importance of electronic banking, the banking sector has continued to face challenges, such as long queues in certain banking halls, excessive cash handling by customers, and frequent network failures. Hence this research examined electronic banking and performance of banking sector in Nigeria. The financial reports of the chosen Nigerian deposit-taking banks provided the secondary data used in this investigation. The acquired data was analyzed using static panel data regression. With a coefficient value of 0.0080 and at the 5% significant level, the regression analysis's findings showed that online banking has a major impact on Nigerian deposit money banks' net interest revenue. The study's findings also showed that, at the 5% significant level, automated teller machines have an effect on the net interest revenue of deposit money institutions in Nigeria, with a coefficient value of 0.0063. With a coefficient value of 0.0056 and at the 5% significant level, the study also showed that mobile banking significantly affects the net interest revenue of deposit-taking institutions in Nigeria. The research concludes that Nigerian deposit money banks' performance is greatly impacted by electronic banking. The study recommends that in order for banks to truly gain from electronic banking, more customer orientation should be undertaken to raise awareness and encourage users to use the services. https://journals.gujaf.com.ng/index.php/gujaf/article/view/317Electronic BankingPerformanceDeposit Money Banks |
| spellingShingle | Kayode David KOLAWOLE ELECTRONIC BANKING AND PERFORMANCE OF BANKING SECTOR IN NIGERIA Gusau Journal of Accounting and Finance Electronic Banking Performance Deposit Money Banks |
| title | ELECTRONIC BANKING AND PERFORMANCE OF BANKING SECTOR IN NIGERIA |
| title_full | ELECTRONIC BANKING AND PERFORMANCE OF BANKING SECTOR IN NIGERIA |
| title_fullStr | ELECTRONIC BANKING AND PERFORMANCE OF BANKING SECTOR IN NIGERIA |
| title_full_unstemmed | ELECTRONIC BANKING AND PERFORMANCE OF BANKING SECTOR IN NIGERIA |
| title_short | ELECTRONIC BANKING AND PERFORMANCE OF BANKING SECTOR IN NIGERIA |
| title_sort | electronic banking and performance of banking sector in nigeria |
| topic | Electronic Banking Performance Deposit Money Banks |
| url | https://journals.gujaf.com.ng/index.php/gujaf/article/view/317 |
| work_keys_str_mv | AT kayodedavidkolawole electronicbankingandperformanceofbankingsectorinnigeria |