Multinational Research Society Publisher

MRS Journal of Accounting and Business Management

Issue-8 (August), Volume-2 2025

1. Impact of Inflation on Food Prices and Household Food Security in Nige...
2

Stephen Agire Katuka* ,Sule Ma...
Sustainable Development Centre University of Abuja
1-5
https://doi.org/10.5281/zenodo.16753719

This study investigates the relationship between inflation and food prices in Nigeria, specifically examining how these factors influence food security across various socio-economic groups. Using a mixed-methods approach, the research combines statistical analysis of inflationary trends, food price fluctuations, and household food security data from both rural and urban Nigerian populations. The findings indicate that inflation has a significant positive correlation with food prices, thereby exacerbating food insecurity, especially among low-income households. The paper discusses policy interventions that can mitigate inflationary effects, enhance food security, and reduce the vulnerability of marginalized groups.

2. Nexus between Agricultural Output and Sustainable Development in Niger...
1

Ruth Amanta Ephraim*, Sule Mag...
Sustainable Development Centre University of Abuja
6-11
https://doi.org/10.5281/zenodo.16753773

This study explores the role of agricultural output in fostering sustainable development in Nigeria, examining the interplay between agriculture, economic growth, food security, and environmental sustainability. The research employs both qualitative and quantitative methods to investigate the challenges and opportunities within the agricultural sector, using data from credible sources like the Central Bank of Nigeria and National Bureau of Statistics. Findings suggest that while agriculture remains pivotal in poverty reduction, food security, and employment, it faces numerous challenges, including inadequate infrastructure, climate change effects, and policy inefficiencies. The study proposes solutions such as climate-smart agriculture, improved rural infrastructure, and institutional reforms to enhance agricultural productivity and resilience.

3. IMPACT OF HUMAN CAPITAL DEVELOPMENT ON POVERTY LEVEL IN NIGERIA
0

Joy Katuka Nnaba-Agire* , Ibra...
Sustainable Development Centre University of Abuja
12-17
https://doi.org/10.5281/zenodo.16757456

This research investigates the influence of human capital development on poverty levels in Nigeria, employing multiple regression analysis as its methodological approach. The results of the study reveal that the regression analysis demonstrates a significant relationship between human capital development quantified by literacy rates and government spending on education and health and poverty levels. Furthermore, the unemployment rate exhibits a positive coefficient, suggesting that an increase in unemployment correlates with heightened poverty levels, which is consistent with anticipated outcomes. Consequently, the study advises that the government should enhance the quality of service delivery and infrastructure in public educational institutions and healthcare facilities, particularly in rural regions. It also recommends the expansion of adult literacy initiatives, the promotion of free and compulsory basic education, the strengthening of Technical and Vocational Education and Training (TVET) programs to provide citizens with marketable skills, and the support of micro, small, and medium enterprises (MSMEs) through improved access to financing and training. Additionally, the government is urged to allocate a minimum of 15–20% of the national budget to education and 10–15% to health, in accordance with international standards set by UNESCO and WHO.

4. Quality Management Excellence in the Era of Industry 4.0 (Quality 4.0)...
1

Attia Hussien Gomaa
Sustainable Development Centre University of Abuja
18-40
https://doi.org/10.5281/zenodo.16787620

Quality Management Excellence represents a continuous commitment to surpassing customer expectations through systematic improvement, standardization, and effective leadership. In the digital era, Quality 4.0 builds upon these foundations by integrating advanced Industry 4.0 technologies—such as artificial intelligence, the Internet of Things, cloud computing, and real-time analytics—into quality systems, fostering intelligent, agile, and data-driven decision-making. This study presents a comprehensive review of the Quality 4.0 paradigm, exploring its conceptual foundations, enabling technologies, practical applications, and implementation challenges. A gap analysis highlights key limitations in traditional quality practices, including fragmented digital infrastructures, underutilized data, limited adaptability, and inadequate human–machine collaboration. To address these challenges, a strategic Quality 4.0 framework is proposed, combining classical quality principles with digital tools and Lean Six Sigma methodologies to drive continuous improvement, enhance customer value, and optimize performance within interconnected environments. The framework defines strategic objectives and key performance indicators to support implementation, monitor progress, and enable continuous refinement, while also addressing critical enablers such as system integration, workforce development, data governance, and cybersecurity. Ultimately, the study positions Quality 4.0 as a transformative subset of Industry 4.0, shifting quality management from a reactive mindset to a proactive, predictive, and sustainable digital excellence, and outlines future research directions to support its sustainable advancement.

5. EFFECT OF BOARD STRUCTURE ON THE FINANCIAL PERFORMANCE OF LISTED INSUR...
1

Ajayi, Ayodele Oshuks*, Succes...
Department of Accounting, Faculty of Management Sciences, Veritas University, Abuja
41-50
https://doi.org/10.5281/zenodo.16925557

Despite ongoing regulatory efforts to enhance corporate governance in Nigeria, the financial performance of listed insurance firms remains inconsistent, raising questions about the effectiveness of board structures in ensuring accountability and strategic oversight. This study investigates the impact of board independence and gender diversity on the financial performance of listed insurance firms in Nigeria, using agency theory as its theoretical framework. Employing an ex-post facto design, the study analyses panel data from 2013 to 2023, sourced from audited financial statements of firms listed on the Nigerian Exchange Group. Financial performance is measured by net profit margin (NPM), with board independence (number of independent non-executive directors) and board gender diversity (number of female directors) as explanatory variables. Panel regression analysis reveals that board independence has a positive and statistically significant effect on NPM (p < 0.01), underscoring the importance of independent oversight in enhancing firm profitability. Conversely, board gender diversity shows a negative but statistically insignificant relationship with NPM (p > 0.05), suggesting that female representation has not yet yielded measurable financial benefits in this context, potentially due to cultural barriers and tokenism. The model explains only 5.2% of the variation in profitability, indicating that other factors significantly influence financial outcomes. The study concludes that strengthening the functional autonomy of independent directors is critical for improving financial performance, while targeted interventions are needed to enhance the influence of female directors. Recommendations include stricter enforcement of governance codes to ensure true independence, alongside leadership development programs to empower female directors for meaningful participation in board decision-making.





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