| 1 |
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.
| 2 |
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.
| 3 |
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.
| 4 |
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.
