IDEAS home Printed from https://ideas.repec.org/a/taf/rajsxx/v6y2014i1p31-37.html
   My bibliography  Save this article

The impact of information technology on bank profitability in Nigeria

Author

Listed:
  • Wilson U Ani
  • Cosmas O Odo
  • Ezeudu Ikenna

Abstract

This paper examines the impact of information technology on bank profitability. Using a sample comprising one-quarter of the banks in Nigeria currently quoted on the Nigerian Stock Exchange, regression results were in conflict with a priori expectations, which indicated that information technology spending in the study period had no significant impact on future operating performance. The results remained robust irrespective of alternative measures of profitability. This surprising outcome, among other things, is likely connected with the fact that investment in information technology is now a common denominator for all banks and that the data set is from a sub-Saharan African country where investment in information technology by banks is not yet at its prime level. However, what the results show is that information technology investment is inevitable for banking institutions to enable them to continue to operate efficiently in the current competitive banking industry.

Suggested Citation

  • Wilson U Ani & Cosmas O Odo & Ezeudu Ikenna, 2014. "The impact of information technology on bank profitability in Nigeria," African Journal of Science, Technology, Innovation and Development, Taylor & Francis Journals, vol. 6(1), pages 31-37, January.
    • Handle: RePEc:taf:rajsxx:v:6:y:2014:i:1:p:31-37
    DOI: 10.1080/20421338.2014.895485
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20421338.2014.895485
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/20421338.2014.895485?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Obasa, Rotimi Sunday Mr. & Gurowa, S. U, 2023. "Effect of Information and Communication Technology on Financial Performance of Deposit Money Bank in Nigeria," Thesis Commons c7x45, Center for Open Science.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rajsxx:v:6:y:2014:i:1:p:31-37. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rajs .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.