Abstract
The study ascertained intellectual capital efficiency and cashflow performance in Nigeria. The
objective of the study was to investigate whether human capital efficiency has a significant effect
on cashflow performance of listed deposit money banks in Nigeria. The study used secondary
data where the purposive sampling technique was used to select a sample size of twelve (12) listed
deposit money banks for the study. Ordinary Least Squares (OLS) regression analysis was used
in this study and the findings revealed that human capital efficiency has a significant effect on
cashflow from financing activities of listed deposit money banks in Nigeria. The study concluded
that firms seek to optimize their workforce through comprehensive human capital development
programs not only to achieve business goals but more importantly, to support the long-term
survival and sustainability of the organization. Finally, it was recommended that adequate
structures should be put in place to develop human capital as well as expose them to contemporary
techniques to ease the discharge of their official duties.