https://ijeponline.org/index.php/journal/issue/feed 2026-09-30T00:00:00+00:00 Editor-In-Chief editor@ijeponline.org Open Journal Systems SCOPUS.COM https://ijeponline.org/index.php/journal/article/view/1377 2026-08-04T22:03:31+00:00 Nnanyelugo Onyedikachi Eze nnanyelukachy@gmail.com Robinson Onuora Ugwoke robinson.ugwoke@unn.edu.ng Obioma Vivian Ugwoke obioma.ugwoke@unn.edu.ng David Chidi Ozor chizorhimself@yahoo.com Amara Priscilia Ozoji amara.okoye@unn.edu.ng

<p>This study investigates whether digital channels and internet banking are associated with the financial performance of deposit money banks (DMBs) in Nigeria. Over the last decade, the rollout of automated teller machines (ATMs), point-of-sale (POS) infrastructure, and web-based banking platforms has reshaped how Nigerian banks deliver services and interact with customers, prompting sustained interest in whether this infrastructure translates into stronger profitability. Drawing on secondary data for the period 2009 to 2024, obtained from the Central Bank of Nigeria (CBN), the Nigeria Inter-Bank Settlement System (NIBSS), and the annual reports of sampled banks, the study applies multiple regression analysis to examine how digital channel deployment and internet banking usage relate to two profitability indicators: return on assets (ROA) and return on equity (ROE). The results show that digital channels and internet banking are each positively and significantly associated with bank profitability. This suggests that expanding digital infrastructure and deepening online banking adoption go hand in hand with stronger profitability, greater operational efficiency, and improved competitive positioning. The study concludes that well-managed digital infrastructure is a meaningful contributor to operational efficiency and recommends that Nigerian banks sustain investment in digital transformation.</p>

2026-09-03T00:00:00+00:00 Copyright (c) 2026 Nnanyelugo Onyedikachi Eze, Robinson Onuora Ugwoke, Obioma Vivian Ugwoke, David Chidi Ozor, Amara Priscilia Ozoji