AFRICAN JOURNAL OF ACCOUNTING, FINANCE & MARKETING

The broad objective of the study is to examine the relationship between mandatory audit rotation and audit quality of firms in Nigeria. The study made use of secondary data collected from randomly selected 50 companies out of the total 151 companies for a period of 5 years. The data collected were analysed using the Ordinary Least Square technique. The results from the regression revealed that audit fees had a positive and statistically significant relationship with audit quality in Nigeria. That means audit fees were found to be a strong factor that influences audit quality in Nigeria. It was also found that audit firm size had a positive but statistically insignificant relationship with audit quality and finally audit tenure had a negative and statistically insignificant relationship with audit quality. The findings showed that the number of years the auditor audits for a company has no influence on audit quality. The study  therefore recommends that policy makers should consider implementing flexible regulatory frameworks that allows a balance between mandatory audit rotation and the potential risks associated with abrupt changes in audit engagements.

Despite numerous reforms and steps taken by the Central Bank of Nigeria (CBN) to manage the financial sector, financial instability persists among the regulated deposit money banks, mainly due to capital inadequacy. This study examines how diversification affects the financial stability of 15 selected national and international deposit money banks in Nigeria from 2009 to 2024. Diversification was measured by income, asset, and fund diversification, while the capital adequacy ratio (CAR) represented financial stability. The study adopted an ex post facto research design alongside a fixed-effects panel regression analysis in STATA 16.0. The results reveal that both income and fund diversification have a positive and significant impact on CAR, whereas asset diversification exerts a positive but insignificant effect. Board size and Bank size, used as control variables, also have a significant positive influence on financial stability. The study concluded that effective diversification strategies can improve bank stability. It recommended that banks should focus on increasing income-generating activities, adopt innovative asset allocation strategies, and expand funding sources to strengthen capital adequacy and long-term resilience.

This study investigates the relationship between risk governance and firm value of listed deposit money banks in Nigeria with a focus on audit committee risk, technology risk, and board committee risk as key components of environmental reporting. The purpose of this research is to address the gap in literature concerning the relationship between risk governance practices and firm value within the Nigerian banking sector, where the majority of research on company value focus on international financial reporting standards (IFRS), corporate governance (CG), and the audit committee without giving enough thought to risk governance in Nigeria. This Study aims to assess the relationship between risk governance and firm value of listed deposit money banks in Nigeria. The study adopts an ex post facto research design, utilizing panel data from 22 manufacturing firms listed on the Nigerian Exchange Group over the period 2013–2022. Secondary data were obtained from the firms' annual reports and financial statement, The research focuses on three critical aspects of risk governance: audit committee risk, technology risk, and board committee risk, with firm value measured by Tobin's Q, Market capitalization is included as a control variable. The findings  indicate that technology risk has a significant positive impact on firm value suggesting that banks with better ICT governance experience higher market value. Conversely, board committee risk exhibits a significant negative effect on firm value,indicating that an increase in risk committee meetings could be perceived negatively by the marketAudit committee risk, however, did not show a statistically significant effect on firm value implying that variations in audit committee governance do not meaningfully influence the financial performance of Nigerian banks. The study contributes to the understanding of risk governance in emerging markets, specifically within Nigeria’s banking sector,

The study examined the use of management accounting techniques as a veritable tool for organisational decision making. The success of businesses hinges on the quality of decisions made. The accounting system stands out as a primary contributor to management accounting. Management accounting techniques play a crucial role in enhancing organizational decision-making by facilitating routine operational decisions, guiding strategic choices, and reporting operational outcomes to the management. Thriving in a globalized environment entails facing intense business competition. To endure and attain objectives, businesses must adeptly handle costs. Management accounting techniques play a vital role in facilitating informed decision-making by furnishing valuable information. The key lies in comprehending these techniques, embracing them, and deploying them judiciously at the opportune moment and in the appropriate context.

The broad objective of the study was to examine the effect of customer relationship marketing on marketing performance of new generation banks in Port-Harcourt, Rivers State Nigeria. The specific objectives are to: ascertain the effect of trust on customer retention in the selected banks; examine the effect of commitment on customer retention in the selected banks, and to determine the effect of regular communication on customer retention of the selected banks. The research design for this cross- sectional study was survey research design. The population of the study comprised both staff and customers of the selected banks in Port-Harcourt, Rivers State. The sample proportion method was used in determining the sample size of 323 for the study. Data gotten from the field were majorly presented in tables for quick and easy understanding. These data were further analyzed using simple regression model with the help of SPSS version 25.0. Findings revealed that trust exerts significant effect on customer retention of new generation banks in Port Harcourt, Rivers State. Commitment was found to exert significant effect on customer retention of new generation banks in Port Harcourt, Rivers State. Similarly, regular communication exerts significant and positive effect on customer retention of new generation banks in Port Harcourt, Rivers State. The study concluded that customer relationship marketing affects banks performance. Based on the findings of the study, we recommended that Banks in Rivers State need to greatly improve on their practice of Customer  Relationship Marketing in order to deliver customer satisfaction in all levels most especially in this era of high competition. The banks’ strategic policies and core values should be focused on the elements of Customer Relationship Marketing, rather than on the policy that would yield no result.