About RIK Journals
‘RIK Journals’ are international journals intended for professionals and researchers in all fields of Science, Technology, Arts, Management, Engineering, Humanities, Social Science, Education, etc. RIK Journals are...
Read MoreRIK Citation
| All | Since 2015 | |
|---|---|---|
| Citation | 2400 | 1030 |
| h-index | 962 | 911 |
| i-index | 423 | 261 |
Online Submission
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ISSN
| 2350-4213 | |
| Online | 2350-425X |
6 Issues Per Year (Bi-Monthly)
| Title: Influence Of Eco-Design And Green Training On Stakeholder Satisfaction In The Oil And Gas Sector In Rivers State, Nigeria. Author: Achara, Miriam (MBA, M.Sc.) & Asiegbu Ikechukwu F. (Ph.D) Abstract: This study examines the interplay between green t This study examines the interplay between green training and eco- design on stakeholder satisfaction within the oil and gas sector in Rivers State, Nigeria. The research seeks to establish whether green training initiatives and eco-design strategies significantly contribute to stakeholder satisfaction, given the environmental and regulatory challenges faced by the sector. A structured questionnaire was used to collect data from 48 senior management staff across 11 major oil and gas firms in Rivers State. A combination of convenience and purposive sampling ensured that respondents had the requisite expertise and insights into corporate environmental strategies. The study employed a seven-point Likert-type scale to measure stakeholder satisfaction, eco- design, and green training. Confirmatory factor analysis (CFA) was performed to validate the constructs, and regression analysis was conducted using SPSS to determine the relationships between the variables. The results indicate that green training and eco-design positively influence stakeholder satisfaction. The study recommends that oil and gas firms in Rivers State that intend to strengthen stakeholder satisfaction should prioritize green training initiatives for their employees and integrate eco-design principles into product and service offerings. Keywords: Eco-design, Green Training, Oil and Gas Sector, Stakeholder Satisfaction, , Sustainability.... more |
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| Title: Analysis Of The Effect Of Recurrent Expenditure On Economic Development In Nigeria Author: Oladutire Elijah Oladeji & Igbasan Emmanuel Duyile Abstract: The study investigated the effect of recurrent ex The study investigated the effect of recurrent expenditure on economic development of Nigeria from 1981 to 2022. It utilised time series data of recurrent Expenditure (RECUR) while Per Capital Income (PCIN) was used as a measure of economic development. The data were obtained from Central Bank of Nigeria (CBN) Statistical Bulletin and World Bank development indicator. Specifically, in testing the time series properties of the variables in the model, the study adopted a univariate regression analysis using conventional Dickey Fuller Unit Root Tests to ascertain whether each of these variables has unit root (non-stationary) or does not have unit root (stationary series). The ARDL Error Correction Regression were performed and the result revealed that recurrent expenditure has positive but insignificant effect on economic development (P value = 0.5324). Based on the empirical findings the study concluded that government allocation of fund to recurrent spending is positive but insignificant in making the economic development. This can be attributed to the consumption value of recurrent expenditure. This study recommended that recurrent expenditure should be maintained since it can’t be equal to zero. However, more spending should be channeled to investment spending like infrastructure, technological advancement and improvement of human capital which stimulate economic development. Also, it is recommended that allocation of funds should be directed toward high impact projects that contribute significantly to economic development and reduce the inefficiencies and mismanagement of fund. Keywords: Economic development, recurrent expenditure, inflation rate, per capital income, population growth.... more |
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| Title: Oil Sector Trade And Industrial Growth In Nigeria (1981-2022) Author: Dr. Ugochukwu Pascal Agba & Nshirim Ebonne Zitaflorence Abstract: The study examined the impact of oil sector trade The study examined the impact of oil sector trade and industrial growth in Nigeria from 1981 to 2023. The study adopted a secondary data analysis collected from the Central Bank of Nigeria (CBN) statistical bulletin 2023. To test for the sationarity of the data, Augmented Dicky-fuller (ADF) unit test were conducted. Due to the mixed order of sationarity in Autoregressive Distributive Lag (ARDL) estimate to analyze the short run relationship between the explanatory variables and the dependent variable. From the ARDL short-run estimate, these finding were made. Oil export trade were revealed to have negative and significant impact on industrial growth in Nigeria, Oil import trade were revealed to have a positive and insignificant impact on industrial output growth in Nigeria, exchange rate were shown to have a negative and insignificant relationship to industrial output growth in Nigeria and Balance of payment were revealed to have a negative and insignificant relationship to industrial output growth in Nigeria within the study period. The adjusted R2 showed that the model is a good fit. The F-statistics revealed that the explanatory variables jointly drive the dependent variable. The Durbin-Watson statistics shows that there is no presence of autocorrelation in the model.... more |
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| Title: Bank Advances And Financial Performance Of Listed Manufacturing Firms: The Nigeria Experience Author: Okpolosa Matthew Onyebuchi, PhD., Oporo Grant Iboh & Williamson Ihuoma E. Abstract: This paper establishes the relationship between b This paper establishes the relationship between bank advances and financial performance of listed manufacturing firms the Nigeria experience. The study specifically investigated the relationship between loan and return on asset of listed manufacturing firms in Nigeria, and the relationship between loan and net profit margin of listed manufacturing firms in Nigeria. The study employed expost facto research design. The study population consisted of 42 manufacturing firms, with a sample size of 20 selected manufacturing firms using purposive/judgmental non probalististic sampling technique, between 2015 and 2020. Data for the study was sourced from annual report of the listed firms. Data was analysed using multiple regression analysis. Findings revealed that bank loans have insignificant relationship with return on assets and net profit margin of the listed manufacturing firms studied. The study concluded that the relationship between the variables of bank advances and that of financial performance is not significant, though; bank advances play an essential function in manufacturing sector capital requirement for investment. The study however, recommended that advancement of loan to the manufacturing sector should be enhanced for the improvement of the sector. Keywords Bank Advances, Return on Assets, Net Profit Margin, Financial Performance, Manufacturing Firms.... more |
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| Title: United Nations And The Managing Of Conflict In Ukraine Author: Dr. Obari Alale Osaro & Oji Nyimenuate Ngofa Abstract: The situation in Ukraine has been a matter of con The situation in Ukraine has been a matter of concern to the international community since February 2014 due to its ranking as one of the worst humanitarian conflict in Europe in recent times. This research work, aimed at examining the role of the United Nations in managing the conflict in Ukraine. The author analysed those strategies employed by the United Nations to manage the Ukraine conflict and the effects of these strategies. Attempt were also made to determine the factors or challenges faced by the United Nations during the Ukraine conflict. This research work assumes that the strategies employed by the United Nations did not facilitate conflict management in Ukraine. The theory of idealism was employed as the theoretical framework. The idealist theory clearly defines the responsibilities and functions of the United Nations. Using this theory, the researcher was able to investigate and reveal the nature and causes of the Ukraine conflict, and also recommended strategies that would help manage the conflict. Methodologically, this research work adopted the descriptive research design and a secondary source of data was used. The findings confirmed that the UN conflict management strategies in Ukraine failed to manage the Ukraine conflict. Also, the arbitrary abuse of veto power and privileges by the Permanent members of the Security Council was one of the major reasons for the failure of the UN in Ukraine. Keywords: Conflict, United Nations, idealism, veto, security council... more |
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| Title: Liquidity Metrics As Predictors Of Share Price Movements In Nigeria Author: Sinebe, Michael T.; Jeroh, Edirin, FCA & Ebiaghan, Frank.O. Abstract: This study investigated the predictive power of l This study investigated the predictive power of liquidity metrics (current ratio, quick ratio, and operating cash flow ratio) on share price movements in Nigeria, using market capitalization (MC) as a control variable. Secondary data from 50 non-financial firms listed in Nigeria between 2015 and 2024 were analyzed using the panel regression technique. The results reveal that current ratio, quick ratio, and operating cashflow ratio exhibit limited explanatory power in predicting share price performance, as their relationships with share price were statistically insignificant. However, MC demonstrated a marginal positive relationship with share price, suggesting that larger firms tend to perform better in the stock market. These findings underscore the importance of financial indices in influencing share price, while highlighting the limited role of liquidity metrics in financial markets, potentially due to market inefficiencies. The study recommends that firms enhance market capitalization through strategic initiatives, including mergers and acquisitions, and maintain robust liquidity management practices to ensure stability. Additionally, policy makers are urged to improve market efficiency by promoting transparent financial reporting and mandating disclosures that facilitate informed investment decisions. This study contributes to the discourse on financial ratios and share price dynamics in emerging markets, offering insights for managers, investors, and regulators.... more |