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Assessing the Impact of Digitalization on the Performance of Manufacturing Sector in Nigeria

Author

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  • Ikwuagwu Henry Chinedu

    (Department of Banking and Finance, Michael Okpara University of Agriculture, Umudike Abia State)

  • Saborogha Uchechi Boneri

    (Department of Banking and Finance, Ignatius Ajuru University of Education, Rumuolumeni Port Harcourt)

  • Kabir Adeniyi Yagboyaju

    (Nile University of Nigeria, Abuja)

Abstract

This study investigates the impact of digitalization on the performance of the manufacturing sector in Nigeria, focusing on key performance indicators such as revenue growth, operational efficiency, and profitability. Given the increasing role of digital technologies in global industrial competitiveness, this research evaluates how Nigerian manufacturers are leveraging digitalization to drive performance. The study adopts an ex-post facto research design, using secondary quantitative data from the audited financial reports of five publicly listed Nigerian manufacturing firms covering the period 2020 to 2024. Panel Least Squares regression was employed to analyze the data. Findings reveal that operational efficiency (OPEF) has a statistically significant and negative coefficient (β = -0.7650, p

Suggested Citation

  • Ikwuagwu Henry Chinedu & Saborogha Uchechi Boneri & Kabir Adeniyi Yagboyaju, 2025. "Assessing the Impact of Digitalization on the Performance of Manufacturing Sector in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(8), pages 2145-2153, August.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-8:p:2145-2153
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