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Author(s):
Editor in Chief.
Page No :
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Cover Pages – International Journal of Entrepreneurship and Business Innovation (Volume 8, Issue 2)
Abstract
Cover Pages – International Journal of Entrepreneurship and Business Innovation (Volume 8, Issue 2)
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Author(s):
Aami Abdullahi Muhammed, Sule Magaji, Yahaya Ismail.
Page No : 1-22
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Examining the Challenges Hindering the Performance of Women Entrepreneurs in Kogi State.
Abstract
This study explores the challenges impeding the performance of women entrepreneurs in Kogi State, Nigeria. Utilizing a survey research design and in-depth interviews, the study examines the socio-demographic characteristics of women entrepreneurs, their entrepreneurial awareness, and the factors affecting their business performance. The findings indicate that many women entrepreneurs in Kogi State encounter significant obstacles, including limited access to finance, inadequate infrastructure, sociocultural constraints, and a lack of training and education. These barriers adversely affect their business growth and sustainability. To mitigate these challenges, the study recommends targeted interventions such as financial literacy programs, improved access to credit facilities, infrastructure development, and capacity-building initiatives. Empowering women entrepreneurs will enable Kogi State to unlock their potential and contribute to economic growth and social development.
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Author(s):
Ezekiel Oyinmiebi Azonuche, Kayode Joshua Temitope, Joseph Okuboarere, Ajayi Oluwaseun Chidera (Ph.D.).
Page No : 23-29
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Effect of Deposit Money Bank Lending on the Growth of the Private Sector in Nigeria.
Abstract
This study seeks to investigate the Effect Of Deposit Money Bank Lending On The Growth Of The Private Sector In Nigeria, Using time series data from 1995 to 2020, to achieve this objective, the study applied both descriptive statistics and regression analysis. Descriptive statistics shows that the series are normally distributed. In other to check the short run impact of the variables the study used ordinary least square model with the aids of E-views econometrics package to test the impact among the variables. It was found out that deposit money banks' lending has a positive but not significant impact on manufacturing sector gross domestic product in Nigeria.. Again, it was found out that there is positive and significant impact between total bank deposit and manufacturing sector gross domestic product in Nigeria. The coefficient of determination R2 as 0.967008 implying that the explanatory variables jointly explained over 96.7% of the total variation in the dependent variable (MGDP). Whereas, the remaining are explained in other variables not included in the model. Meanwhile the Adjusted R2 also confirms that the model has a goodness of fit. The study therefore recommends that the monetary authority (CBN) should focus on initiating and implementing policies that will regulate banks' lending rates so as to forestall unnecessarily high rates that will deter investors.
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Author(s):
Jackson Malunda.
Page No : 30-35
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Digital Lending in Zambia: The Case Study for Regulation.
Abstract
This article explores the growth of digital lending in Zambia, its benefits, and the challenges posed by the lack of regulation. The research highlights consumer protection risks, data privacy issues, and high-interest rates associated with digital loans. Utilizing data from surveys and interviews, this study proposes a regulatory framework to enhance financial inclusion while mitigating risks. Key recommendations include interest rate caps, standardized loan disclosures, and stronger debt collection regulations.
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Author(s):
Peter Luwi Kambing’a, Lubinda Haabazoka.
Page No : 36-55
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The Effects of Digitalization on Operational Performance of Commercial Banks in Zambia.
Abstract
This study examined the effects of digitalization on the operational performance of commercial banks in Zambia, focusing on key performance indicators such as cost efficiency, profitability, and service delivery. The primary objective was to analyze how digital banking technologies—such as mobile banking, internet banking, and automated payment systems—impacted operational performance in the banking sector. The study's specific objectives included evaluating the correlation between digitalization and operational performance, studying the relationship between these variables, and assessing the effects of macroeconomic control factors. A quantitative research design was employed, utilizing secondary monthly time-series data from 2018 to 2023, with 72 observations collected from the Bank of Zambia and the Zambia Statistics Agency. Data analysis was conducted using Pearson’s correlation analysis and multiple regression analysis to determine the relationship between digitalization, macroeconomic factors, and operational performance. Key regression analysis findings indicated a strong positive and statistically significant relationship between digitalization and operational performance (coefficient for digitalization = 3.004). In contrast, GDP growth exhibited a negative relationship (coefficient = -1.344), while inflation and non-performing loans had statistically insignificant effects. The model explained 49.8% of the variation in operational performance. The study concluded that digitalization had significantly improved the efficiency and customer service of Zambian banks, helping them mitigate the adverse effects of economic downturns. The study's implications emphasized the importance of continued investment in digital banking technologies, cybersecurity, and digital literacy programs. Recommendations for commercial banks include enhancing digital infrastructure and expanding digital banking accessibility in underserved areas. Policymakers were encouraged to support digital innovation while ensuring consumer protection. Future research should explore the long-term effects of digitalization and emerging technologies such as AI and blockchain in the banking sector.
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Author(s):
Ifeanyichukwu Nnamdi Nnaji.
Page No : 56-58
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The Impact of Monetary Policy on Nigeria’s Economic Growth: A Time Series Analysis (1995-2015).
Abstract
This study investigates the impact of monetary policy on Nigeria's economic growth over the period 1995-2015. Using time series data sourced from the Central Bank of Nigeria, the study applies multiple regression analysis to examine the relationship between real GDP (as the proxy for economic growth) and key monetary policy variables: broad money supply (M2), exchange rate (EXR), and liquidity ratio (LR). Findings reveal that broad money supply and exchange rate significantly influence economic growth, while the liquidity ratio does not exhibit a meaningful impact. Based on these results, the study recommends that the Central Bank of Nigeria continue to fine-tune monetary instruments to create an enabling environment for both domestic and foreign investment, thereby stimulating sustainable economic growth.
Keywords: Monetary Policy, Economic Growth, Nigeria, Broad Money Supply, Exchange Rate, Liquidity Ratio
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Author(s):
Egbetade Ihedinma Sarah, Onyeizugbe Chinedu Uzochukwu (Prof.).
Page No : 59-72
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The Relationship Between Innovative Skills and Market Dynamics of Micro, Small and Medium Enterprises (MSMEs) in Anambra State.
Abstract
Many Micro, Small, and Medium Enterprises (MSMEs) in Anambra State face challenges in responding effectively to changing market conditions, largely due to inadequate innovative skills among their owners and managers, which hampers growth and competitiveness. The study investigates the relationship that exists between innovative skill and market dynamics of MSMEs in Anambra State. A quantitative research design was utilised, with primary data collected through structured questionnaires and interviews administered to 331 purposively selected MSME owners and managers. Descriptive statistics were employed to analyse respondents' demographic data, and hypotheses were evaluated using simple regression analysis in SPSS version 27. The findings revealed that innovative skills has a significant positive relation on market dynamics of micro, small and medium enterprises in Anambra State. It is recommended that government agencies, business development service providers, and stakeholders in the MSME sector organize regular innovation training programs and workshops to enhance the innovative capabilities of MSME owners and managers, thereby improving their adaptability to market changes and increasing overall business performance.
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Author(s):
Egbetade Ihedinma Sarah, Onyeizugbe Chinedu Uzochukwu (Prof.).
Page No : 73-87
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The Relationship Between Digital Analytics and Business Survival of Micro, Small and Medium Enterprises (MSMEs) in Anambra State.
Abstract
Despite the growing relevance of digital technologies, many MSMEs in Anambra State still struggle to leverage digital analytics effectively for sustained business survival and competitiveness. Based on this, the study examines the extent of the relationship that exists between digital analytics and business survival of micro, small and medium enterprises (MSMEs) in Anambra State. A quantitative research design was employed, using primary data collected via structured questionnaires and interviews administered to 331 purposively selected MSME owners and managers. Descriptive statistics were used to analyze respondents’ demographic data, while hypotheses were tested using simple regression analysis through SPSS version 27. The findings revealed that digital analytics has a positive relationship on business survival Anambra State. Based on the findings, it is recommended that MSME owners and managers in Anambra State should invest in digital analytics training and tools to enhance data-driven decision-making, improve operational efficiency, and ensure long-term business survival in an increasingly competitive digital economy.
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Author(s):
Ebere Sampson Wagbara (Ph.D.), Ovutor Woke Jubilant.
Page No : 88-96
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Evaluation of Community-Based Educational Resources for Improving Undergraduate Students’ Motivation in Business Education: A Case Study of Faculty of Education, Rivers State University, Nigeria.
Abstract
This study evaluated community-based educational resources for improving undergraduate students’ motivation in business education: A case study of faculty of education, Rivers State University, Nigeria. Using a descriptive survey research design, the study examined the practicalities, challenges, and areas for motivating undergraduate business education students. Seventy-four (74) final year students in the department of Business Education, Rivers State University made up the population for the study. To guarantee equitable representation and to realize total precision, the entire population was studied as total enumeration without sampling. The instrument used for data collection was a validated structured closed-ended 4-point rating scale questionnaire titled: Community Educational Resources for Improving Undergraduate Business Education Students’ Motivation Questionnaire (CERIUBESMQ). The instrument was validated by expert judgment of three lecturers in measurement and evaluation in the department of guidance and counselling all in Ignatius Ajuru University of Education, Port Harcourt. The experts assessed the instrument in terms of content, suitability of language and appropriateness. 74 copies of the well-filled questionnaires were retrieved and used for data analysis. Mean and standard deviation were used for data analysis; while t-test was used to test the null hypotheses at 0.5 level. Findings revealed that teachers promote students’ motivation through invitation of experts in markets and factories. It was recommended that University administration should endeavour to make the teaching of Business education practical oriented through the utilization of material resources in the community. This act would change the wrong perceptions about business education among students.
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Author(s):
Chidinma Dokubo (Ph.D.).
Page No : 97-109
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Equity and Access in Co-Operative Management Enterprises among Farmers’ Co-Operators in Ikwerre and Emohua Local Government Areas, Rivers State, Nigeria.
Abstract
This study investigated the relevance of equity and access in co-operative management enterprise among farmers’ co-operators in Ikwerre and Emohua Local Government Areas of Rivers State, Nigeria. The study was directed by three research objectives and three research questions about the importance of managerial skills including planning, coordination, and decision-making in promoting social justice, inclusivity, and accessibility to support services in cooperatives. The research found that inclusive planning ensures equitable resource distribution and role assignment, while effective decision-making improves participation, empowers members, fosters collaboration, and resolves conflicts. Data were collected from farmers' cooperatives in Ikwerre and Emohua Local Government Areas through a descriptive survey using a questionnaire as the instrument. In order to guarantee prompt access to critical agricultural and technical support services and greatly increase farm production, coordination in particular was proven to be important. According to the study's findings, managerial abilities are essential for fostering fairness, guaranteeing sustainable growth, and fortifying cooperative organisations. Strengthening participative decision-making procedures, increasing planning transparency, coordinating support services better, offering continual managerial training, encouraging cooperation with outside stakeholders, and putting monitoring and assessment systems in place are just a few of the recommendations. These tactics will guarantee the long-term viability of the farmers' cooperatives in the area by fostering more inclusive, equitable, and efficient cooperative management.
