The impact of e-banking on bank profits in the Nigerian banking industry
Okankwu Moses Welime, Nnamdi Ikechukwu Sunday
This study explored the impact of e-banking on bank profits in the Nigerian banking industry. The ex-post facto and correlational research designs were adopted. A sample of 21 banks took part in the study. Data were obtained from a variety of secondary sources which includes: Publications of the Nigerian Stock Exchange (NSE) Fact Books, Central Bank of Nigeria (CBN) statistical bulletin, the World Bank Development and growth Indicators (WDI) and the selected bank annual reports. The study was guided by one research question and one null hypothesis. The linear regression analysis was used for data analysis. The findings established a significant but inverse relationship between e-banking and bank profit. It was recommended among others that Nigerian banks should increase their investment in e-banking infrastructure and training the practitioners to reverse the existing trend.