Mr. ESEZOBOR, EMMANUEL AMIE

College : COLLEGE OF MANAGEMENT & SOCIAL SCIENCES

Department : ACCOUNTING AND FINANCE

Designation : SENIOR LECTURER

Email : eesezobor@sau.edu.ng

Phone Number : 2348033062799

   

Publication(s)

THE EFFECTS OF FINANCIAL INCLUSION AND ECONOMIC GROWTH IN NIGERIA

The objective of this study was to determine the role of financial inclusion in the economic growth in Nigeria. Data was sourced from the Statistical Bulletin of Central Bank of Nigeria (CBN) for the period 1981 to 2015 inclusive. Econometric Ordinary Least Square was deployed to empirically test the secondary data on subject where financial inclusion was proxied by money supply (M2) and credit to the private sector. The study found out that the real income per person did not respond significantly to financial inclusion measure with money supply but it did with credit to the private sector which significantly changed in the long-run and short-run dynamics. In the main, banks lend only to account holders hence more Nigerians must be attracted into bank accounts to enable them to benefit from credit for small and medium-scale enterprises. This is the sure way to mitigate the degree of poverty and the great divide in income inequality.

Keywords: financial inclusion, money supply, credit to private sector, poverty, monetary policies.

Emmanuel A. Esezobor


THE IMPACT OF ELECTRONIC PAYMENT METHODS ON THE FINANCIAL SYSTEM

This study became expedient to know the impact of electronic means of payment on the financial system with particular reference to Edo State. The four methods of electronic payments namely, ATM, Mobile Telephony, POS and Web Internet Transfer constitute the independent variables while the financial system, the dependent variable, is proxied by broad money, M2 in this study. Data were sourced primarily from Central Bank of Nigeria (CBN) and the National Bureau of Statistics on quarterly series for the period of 2009 to 2014 and Ordinary Least Square (OLS) used to analyze it. The study took the researcher round Edo State to see first-hand, the provision and patronage of the electronic methods. A significant relationship was found between electronic payment system and the financial system. Based on this contribution to learning, one of the main recommendations is that the Bankers Committee should endeavor to illuminate other means of electronic payment rather than ATM that appears presently over-patronized.

 

EMMANUEL AMIE ESEZOBOR


THE IMPACT OF EXPORT FINANCING IN NIGERIA (2005-2013)

This study addressed the impact of export financing in Nigeria for a selected period, 2005 to 2013. It is generally well-known that export proceeds provide the cushion for sustainable economic development because it is on this achievement that import bills are settled and a great deal of job opportunities and improved conditions of living are attained by the country’s citizenry. Given this background, there was need to determine the significance of export financing by banks generally including Nigeria Export/Import Bank (NEXIM). The study used the secondary statistics published by Central Bank of Nigeria in their Statistical Bulletin for 2013. The method adopted for analysis was Ordinary Least Square (OLS) because it is unbiased, straight forward and easy to understand in assessing linear consideration developed from time series data. At the end of the study, it was found that banks have not been forthcoming in financing exports. The average credit finance in the eight years under study was less than 1%; infact, 0.47%. Suffice it to say that the Nigerian economy has not been export-led. Central Bank of Nigeria (CBN) is advised to refocus its policies in boosting exports while putting an effective lid on imports especially on the high propensity to import anything into the country because Nigeria is a massive market where any imported good sells.

 

Keywords: exports, credits, finance, market.

Esezobor, Emmanuel Amie


THE EFFECTS OF RISK MANAGEMENT ON THE BANKING INDUSTRY IN NIGERIA (2000 -2014)

This study examines Risk Management from year 2000 to 2014 and deployed econometric models of Correlation Analysis of Variables and Ordinary Least Square Estimation to unravel the functionality between banks’ equity, loans and advances and deposit ratio, the ratio of non-performing loans and total deposits and liquidity with a view to determining in the main, if banks’ return on equity was impaired because management of risk assets had not been effective.This research found out that Loans and Advances share to Total Deposits does not have any influence on banks’ performances. This finding is based on the fact that gains from loaned funds gear banks’ performance. Non-Performing Loans (NPL) share in total loans affects banks’ returns on equity negatively and has a strong inverse significance on the banks’ performance. From this finding, banks’ performance response to NPL is elastic. Banks’ liquidity ratio exerts a positive effect on return on equity of the banking sector.The study recommends increased regulation especially in training and manpower development for employers in the banking and finance industry to be rest assured of the quality of knowledge, skill and attitude of the operatives in risk management.

Key words: risks, management, equity, deposits, advances, non-performing loans, liquidity.

 

 

Esezobor, Emmanuel A.


The Realities of Electronic Payment In Nigeria

Nigeria wants its financial system to operate like in the developed economies of the world so that come year 2020, it will be seen and recognized as one of the leading economies in the world.

To achieve this lofty target, the payment system was directed by fiat by the apex bank, Central Bank of Nigeria to be by electronic methods so that the system of paying cash for virtually every purchase will now give way to electronic payment. Lagos State was selected as a pilot study for five other states in the country to join 1st July, 2013.

There are far-reaching implications for a country with a mammoth population of 140 million people; the majority of whom are not aware of the new payment direction.

This research aimed therefore to find out how prepared and willing Nigerians are in embracing electronic payments system. I found out at the end of the study, that Nigerians were not impressed with the cashless policy and the attempt to introduce N5,000 cash note along with a repackaging of new coins to replace the existing lower denominations of cash in notes. Rather, they want policy makers and the government to address the grave insecurity to life and property in the land and provide stable electricity and water supply.

Key words: cashless, payments, electronic, internet, restructuring, currency.

Esezobor, Emmanuel Amie

www.maxwelllsci.com


The Eco: How Feasible is 2015

Abstract

The focus of this paper is to find out if the countries of the West African Monetary Zone (WAMZ) consisting of Gambia, Ghana, Nigeria, Sierra Leone and recently, Liberia (from 16th February, 2010) can achieve monetary integration for the dream currency, the “Eco” to be hoisted as the sole currency in the converging countries with effect from 1st January, 2015. The achievement of the Eco is crucial for the expected merging of the CFA Franc (the common currency of the Anglophone states in West and Central Africa apart from Guinea) with the Eco for the Eco to be the sole legal tender in the length and breadth of West Africa with effect from January, 2020. There are far reaching implications for this monumental currency policy which will be examined in this paper with a view to advising whether the project is a wild goose chase or for real with likelihood for success.

Esezobor, Emmanuel Amie

SAU Journal of Humanities, Vol. 1(1), 2012


The Eco: How Feasible is 2015

Abstract

The focus of this paper is to find out if the countries of the West African Monetary Zone (WAMZ) consisting of Gambia, Ghana, Nigeria, Sierra Leone and recently, Liberia (from 16th February, 2010) can achieve monetary integration for the dream currency, the “Eco” to be hoisted as the sole currency in the converging countries with effect from 1st January, 2015. The achievement of the Eco is crucial for the expected merging of the CFA Franc (the common currency of the Anglophone states in West and Central Africa apart from Guinea) with the Eco for the Eco to be the sole legal tender in the length and breadth of West Africa with effect from January, 2020. There are far reaching implications for this monumental currency policy which will be examined in this paper with a view to advising whether the project is a wild goose chase or for real with likelihood for success.

Esezobor, Emmanuel Amie

SAU Journal of Humanities, Vol. 1(1), 2012


The Global Financial Crises

No abstract in CIBN Journal then

Esezobor, Emmanuel Amie

The Nigerian Banker, Oct-Dec, 2008; 6-13


Single Currency in ECOWAS

Abstract

Come 1st December, 2009, the Eco, the name given to the proposed single currency in ECOWAS will be legal tender in the length and breadth of the countries of the West African Monetary Zone (WAMZ). The Eco will run side by side with the CFA Franc of the French-speaking countries (without Guinea and Muritania) otherwise called the UEMOA countries. It is expected that in the year 2020, the two common currencies would converge and assume the name Eco for the whole of ECOWAS.

Esezobor, Emmanuel Amie

The Nigerian Banker, April- June, 2008; 32-36


Mobilizing Grassroots Savings

CIBN Publications had no abstract then

Esezobor, Emmanuel Amie

The Nigerian Banker, Jan-March, 2003; 40-45


The Legal Framework for Loan Recovery in Nigeriaese

Seminar Paperes

Esezobor, Emmanuel Amie

Seminar Paper, 2010


Documentary Credits Other Means of Financing International Trade-Modes of Payment and Settlement

Seminar Paper

Esezobor, Emmanuel Amie

Seminar paper, 2008


Esan Language: Need to Promote It in Homes and Institutions of Learning

Conference Paper

Esezobor, Emmanuel Amie

Conference Paper, 2013