AbstractNigerian universities face economic and funding challenges, resulting in infrastructural deficits, low rankings, and limited human capital development despite administrative autonomy. Studies on economic literacy and organizational behaviour in educational contexts remains underexplored, particularly in developing countries like Nigeria, where studies predominantly focus on non-educational sectors and emphasize financial literacy, a subset of economic literacy. This study investigates the mediating role of risk factor management in the relationship between economic literacy and university performance in Southwestern Nigeria. It measures the levels of economic literacy, risk factor management, and university performance while analyzing the impact of economic literacy on both risk factor management and university performance. Additionally, it assesses the effect of risk factor management on university performance and their mediating role in the relationship between economic literacy and .....