Nigeria

The Contemporary Issues, Challenges and Technological gap in Entrepreneurship Education in Nigerian Higher Institutions (Published)

The study investigates the contemporary issues, challenges and technological gap in entrepreneurship education in Nigerian higher institutions. Entrepreneurship education has emphasis on economics and covers business disciplines like management, marketing and finance with links to psychology, sociology, and teacher education as well as business education. It prepares and builds persons to be responsible and enterprising individuals capable of deep entrepreneurial thinking that contribute to economic and sustainable development. It focuses on expertise that is needed and used to conceive and commercialise business opportunities. Nigeria especially in the face of the global economic crisis and its energy crisis requires graduates who will be job “creators” and not job “seekers”. This paper addresses contemporary issues, challenges, technological gap and strategies in the development of entrepreneurship education in Nigerian higher institutions. It therefore concluded that entrepreneurship is more than being smart. It is the ability of a person to collaborate with others and to act in the face of new opportunities. Recommendations were made that entrepreneurial teachings have to go beyond the traditional teachings in the classroom. This implies the need to involve students in experiential training. The government should set machinery in motion to provide an enabling environment for entrepreneurship education in Nigerian higher institutions.

Keywords: Entrepreneurship education, Nigeria, contemporary issues, technological gap

Workplace Stress and Nurses’ Performance of Public Hospitals in Federal Capital Territory, Nigeria (Published)

This study investigates the impact of workplace stress on nurses’ performance in public hospitals within Nigeria’s Federal Capital Territory. It identifies key stressors such as work overload, workplace relationships, role conflict, and role ambiguity, and highlights the need for effective management of these factors to enhance nurse productivity. Using Cooper and Palmer’s work stress model, the study links these stressors to employee performance and organizational consequences. A descriptive survey research design was adopted, with 311 nurses selected via proportionate stratified sampling from a population of 1071. Data was collected using a modified version of Rizzo’s structured questionnaire and analyzed with SPSS version 25. The findings revealed that work overload positively affects productivity (β=0.441, p<0.05), while role conflicts (β=-0.080, p<0.05) and role ambiguity (β=-0.0900, p<0.05) negatively affect performance. Positive workplace relationships were also found to enhance productivity (β =0.044, p<0.05). The study concludes that workplace stress significantly impacts nurses’ performance and recommends regular monitoring of workloads, fostering a positive work environment, and providing feedback opportunities to boost morale and motivation despite role conflicts. Leadership was examined as a moderating variable to gauge its influence on the stress-performance relationship.

Keywords: Federal Capital Territory, Nigeria, Public Hospitals, nurses’ performance, workplace stress

Cross-Cultural Training and the Performance of American Expatriates in Nigeria (Published)

Due to the increased level of international competition, expatriates must continue their cross-cultural training because international jobs are likely to require more frequent cross-border job shifts and assignments. Thus, this study looked into how American expatriates working in Nigeria are affected by cross-cultural training. The study’s specific goal was to investigate how language training and cultural sensitivity training affected American expatriates’ performance in Nigeria. Survey design was used in the study.  89 American expatriates from seven American companies in Nigeria contributed data for the study. A questionnaire was chosen as the main tool for collecting first-hand information. The multiple regression analysis t-values and p-values were used to analyze the impact of independent factors on the dependent variable. The test’s outcome demonstrated that cultural sensitivity and language instruction both have a major favorable impact on American expatriates’ performance in Nigeria. Given the stark differences in culture between Nigeria and the United States, this study suggests that cross-cultural training is a strong predictor of American expatriates’ performance in Nigeria. It is also recommended that this topic be tested in cultural contexts other than American and Nigerian in future studies.

 

Keywords: American expatriates, Nigeria, cultural sensitivity training, expatriates’ performance, language training

Employee Benefits and Employee Retention in Commercial Banks in Akwa Ibom State, Nigeria (Published)

This study investigated employee benefits and employee retention in commercial banks in Akwa Ibom State, Nigeria. The survey research design was adopted and this involved administration of copies of questionnaire on employees of case banks who served as respondents. The study’s population was 497 while the sample size was 384 determined using Cochran’s sample size determination formula. The sampling method employed in the study was random sampling.  The questionnaire was used in data collection. Data obtained in the study were analyzed using simple regression method. The outcome of this research showed that employee benefits (Beta =0.184, t=2.921, p<0.05) has a significant influence on employee retention in commercial banks in Akwa Ibom State. Employee benefits can determine employee retention in commercial banks in Akwa Ibom State.The study makes contribution in the area of employing employee benefits in retaining the services of high performing and experienced employees in banks. The limitation of this study is that only one state was considered in the survey

Keywords: Commercial Banks, Employee Retention, Nigeria, employee benefits

Factors Influencing Continuous Intention to Use Mobile Payment Platforms in Southeast, Nigeria (Published)

This study centers on the factors influencing the continuous intention to use mobile payment platforms in south-east, Nigeria. Although the extant literature is gorged with studies on mobile payment technology adoption behaviour, empirical investigations that examine the predictors of continuous use of mobile payment platforms in a typical developing economy with huge informalities is lacking and under-reported. The broad objective of this study is to empirically investigate the factors that influence the continuous use of mobile payment platforms in South-east, Nigeria. In order to achieve this objective, positivism was adopted as the research philosophy while the area of study comprised Enugu city, Awka, Umuahia, Abakaliki and Owerri. The study population comprised active users of mobile payment platforms. The sampling technique adopted was quota sampling and a sample size of 600 respondents was statistically determined using Bill Godden Formular. The research instrument was questionnaire; validity test of the instrument was done using face and content validity while the reliability test was conducted using Cronbach’s alpha coefficient. The hypothesized relationship was tested using Multiple Linear Regression. It was found out that effort expectancy, social influence, facilitating conditions, intrinsic motivation and prior experience were positively significant to continuous intention to use mobile payment platforms while performance expectancy and price value are not. It was concluded that when used for predicting continuous intention to use mobile payment platforms in the innovation marketing field, the unified theory of acceptance and use of technology should be extended to include variable such as prior experience. It was recommended that mobile payment service providers should design and develop incentives that will encourage frequent usage, they should use social media influencers among others.

Keywords: Developing Economy, Nigeria, continuous intention, mobile payment platforms, unified theory of acceptance and use of technology

Corporate Governance and Capital Structure of Listed Manufacturing Firms in Nigeria (Published)

The study examines the impact of corporate governance on capital structure of the quoted manufacturing firms in Nigeria. This study used secondary data methodology to obtained annual report and sample of 28 out of 68 listed manufacturing firms on the Nigeria stock exchange over a period of ten years 2013-2022. The findings revealed significant and positive relationship between corporate governance and financial leverage of listed manufacturing firms in Nigeria. Specifically, the board size coefficient is positive and statistically significant at the 0.01 level and shows a significant positive relationship between board size and financial leverage. The results further indicate a significantly positive relationship between CEO duality and leverage. The coefficient of dual in the model is positive (coef=0.402) and is significant (t=2.640) at the 0.01 level. However, board composition revealed a negative but significant relationship with financial leverage of the listed manufacturing firms in Nigeria. It is recommended that management of manufacturing companies in Nigeria should always display creativity that will ensure good corporate governance so as to significantly drive down the gearing level of their companies.

 

 

Keywords: Capital Structure, Corporate Governance, Firms, Manufacturing, Nigeria

Effect of Earnings Measurement on Stock Price of Consumer Goods Firms in Nigeria (Published)

The study evaluated the effect of earnings measurements on the share price of consumer goods firms in Nigeria. The objectives of the study were to ascertain the effect of earnings per share, dividend per share, return on asset on share price of consumer goods firms in Nigeria. The study adopted an ex-post-facto research design, covering the period between 2012 and 2021. Secondary data were extracted from the annual reports and accounts of the sampled consumer goods firms in Nigeria. A multiple regression technique was used for the data analysis. From the analysis of the study, it was revealed that earnings per share and dividend per share has a positive and significant effect on the share price of consumer goods firms in Nigeria. Return on assets has a positive and nonsignificant effect on the share price of consumer goods firms in Nigeria. This implies that that earnings per share and dividend per share are the major determinants of share price. It was recommended therefore that consumer goods firms in Nigeria should strive to increase their earnings per share by ensuring that high profits are maintained so that the demands for their share price will continue to increase, which in turn cause a significant rise in their share price. They should strive to increase their dividend per share by ensuring that high revenue and profits are maintained. They should also balance the trade-off between dividend payout and retained earnings so that the demands for their share price will continue to increase, which in turn cause a significant rise in their quotation price. They should strive to make consistent profit to ensure that the return on asset of these companies continued to increase significantly.

Keywords: Firms, Nigeria, consumer goods, earnings measurement, stock price

Effect of Intellectual Capital on Financial Performance of Listed Agricultural Firms in Nigeria (Published)

Policy redirection has been supported as the way out of the display development challenges confronting the nation. The objective of the paper is to survey the effect of macroeconomic stuns on the development of Nigeria economy. The theory appears the whether macroeconomic stuns have critical effect on the Nigeria financial development. This think about embraced Akaike Data Model (AIC) to decide the ideal slack combination for the ARDL. The slack combination with the slightest esteem of the chosen basis among the competing slack orders is considered the ideal slack. Discoveries uncovered the impacts of monetary arrangement factors on financial development of Nigeria are found to be noteworthy both within the long run and brief run particularly the center financial approach factors like government expenditure and government income conjointly affirmed the defenselessness of the Nigerian economy to outside stuns. The paper concludes that out of the two major financial arrangement factors, government income has more critical relationship with Nigerian financial development. The development rate of Nigeria is more connected to government income than expenditure. Suggestion appears that Nigerian government ought to input approaches that will upgrade nearby yield, this will diminish the helplessness of the economy to outside stuns.

 

Keywords: Economy, Growth, Nigeria, macroeconomic shocks

Impact of Macroeconomic Shocks on the Growth of Nigeria Economy (Published)

Policy redirection has been supported as the way out of the display development challenges confronting the nation. The objective of the paper is to survey the effect of macroeconomic stuns on the development of Nigeria economy. The theory appears the whether macroeconomic stuns have critical effect on the Nigeria financial development. This think about embraced Akaike Data Model (AIC) to decide the ideal slack combination for the ARDL. The slack combination with the slightest esteem of the chosen basis among the competing slack orders is considered the ideal slack. Discoveries uncovered the impacts of monetary arrangement factors on financial development of Nigeria are found to be noteworthy both within the long run and brief run particularly the center financial approach factors like government expenditure and government income conjointly affirmed the defenselessness of the Nigerian economy to outside stuns. The paper concludes that out of the two major financial arrangement factors, government income has more critical relationship with Nigerian financial development. The development rate of Nigeria is more connected to government income than expenditure. Suggestion appears that Nigerian government ought to input approaches that will upgrade nearby yield, this will diminish the helplessness of the economy to outside stuns.

Keywords: Economy, Growth, Nigeria, macroeconomic shocks

Digital Financial Services and Economic Growth of Nigeria: 2006 – 2021 (Published)

This study investigated digital financial services and economic growth of Nigeria from 2006 to 2021. The study specific objectives include investigation of the relationship between automated teller machine services and real gross domestic product; evaluation of the relationship between point of sales services and real gross domestic product; determination of the relationship between mobile banking services and real gross domestic product; and investigation of the relationship between web banking services and real gross domestic product from 2006 to 2021 in Nigeria. The study anchored on technology acceptance model (TAM) advanced by Davis (1989) and purposive sampling technique was adopted for the collection of quarterly secondary data from the Central Bank of Nigeria. The quarterly data collected were analysed using univariate, bivariate and multivariate analyses. The findings from the VECM indicated that automated teller machine services positively and insignificantly influence real gross domestic product in Nigeria; point of sales services positively and significantly influence on real gross domestic product in Nigeria; mobile banking services positively and insignificantly influences real gross domestic product in Nigeria; and web banking services positively and significantly influence on real gross domestic product in Nigeria. On the basis of the findings, the study concluded that digital financial services influence the economic growth of Nigeria. Hence, the study recommended amongst others that appropriate policies aimed at promoting and enhancing the availability and penetration of digital financial services should be implemented and made effective as this will increase real gross domestic product of the country.

Keywords: ATM, Nigeria, POS, economic growth, web banking