Bank lending and industrial sectors financial performance in Nigeria (case study of Dangote Cement Plc) Department:Banking and Finance By: godwin01 Project ID: 8021 Rating: (5.0) votes: 1 Price:₦3000 Get the Complete MaterialAbstractBank Lending is a crucial aspect of the industrial growth of an economy as it helps industrial firms carry out capital-intensive projects to remain operational and stay competitive in their respective markets. The nature of these loans may be short-term or long-term. This study set out to obtain a relationship between how long-term and short-term loans from banks and other financial institutions may boost the net revenue (EBITDA) of industrial firms in Nigeria. Using Dangote Cement Plc as a test sample, a linear regression model was adopted to compute the correlation coefficients and p-values of the independent variables: Total Current Liabilities (TCL) and the Total Non-Current Liabilities on the EBITDA of the organization. The results from the analysis showed that the TCL positively contributes to the EBITDA of DCP with a correlation coefficient of 0.504 and a p-value of 0.001. On the other hand, the TNCL, negatively connects with the EBITDA with a coefficient. of - 0.001 and a p-value of 0.998. Also, the model’s ability to classify new data by an R-squared value of 92% showed a promising response of the independent variables on the dependent variable. Finally, based on the results, it can be concluded that whereas non-current liabilities have no direct or positive impact on a manufacturing company's net earnings (EBITDA), current liabilities such as short-term loans, dividends, accounts payable, notes payable, and income tax owed, contribute to the growth of industrial firms. . ...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)