Background of the study: The structure of the Nigerian economy is typical of an underdeveloped country. Over half of the gross domestic product (GDP) is accounted for by the primary sector with agriculture continuing to play an important role. The oil and gas sector, in particular, continues to be a major driver of the economy, accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between 2011 and 2012. The sector contributed 14.8 and...

Background of the study​​​​​​​: The Entrepreneurship practices exist in most countries of the world, including Nigeria. In Nigeria the development of entrepreneurship has gone a long way to achieve industrialization and economic development. Management scholars agree that although management theory and practices have universal applications, the individual and groups with which it must interact, and the external environment differs in some way. It is acknowledged by management...

ABSTRACT: The main focus of this study was to a critically investigate women entrepreneurs and the factors affecting their performance in Nigeria using women entrepreneurs in Edo State as a case study. The objective of the study seeks to find out the factors affecting the performance of women entrepreneurs in Edo state. It analyzed the effect of women entrepreneurs on the growth of Edo state economy and Nigeria at large and to examine the ways of em...

ABSTRACT: The purpose of this study was to investigate the various obstacles encountered by small and medium-sized enterprises (SMEs) in Nigeria. The study utilised a survey-based descriptive research design. The population of this study consists of 15 selected small and medium-sized enterprises (SMEs) located in Lagos State. A total of 300 responses were collected from these SMEs and were subsequently confirmed through the survey. Based on the collected and...

ABSTRACT: The study examined the accounting information system and the growth of small and medium scale enterprises (a study of SME’s in Lagos metropolis). Two theories were used in the study to have a wide scope in the research, namely; the Contingency Theory and the Design of Accounting Information System and the Technology Acceptance model (TAM).The sample of the study comprised ten SME’s in Lagos State, five from the island and five from...

ABSTRACT: The focus of this study is to examine small-scale enterprise and growth of the society  using Abak local government in Akwaibom State  as case study. The research adopted a descriptive survey design was employed to assess the opinions of the respondents. A total of 150 participant were selected from 15 sampled small businesses in Abak.  Well structured questionnaire was issued to the 150 respondent of which total of 141 responses were retrie...

Background to the Study: Human economic development will greatly contribute to the promotion of people' interest and aspiration inside the country through well-planned education and training activities (Egwu, 2009). Technical and vocational education and training (TVET), through assisting individuals in obtaining meaningful work, can have a significant influence on economic growth, full employment, and social inclusion. TVET programs are skill-based progr...

ABSTRACT: The focus of this research “An Evaluation of the Impact of NAPEP on Entrepreneurship development in Nigeria” was to access the impact of entrepreneurship activities in Nigeria, a case study of Imo State. The programme was designed by the government to cater for unemployed youth and jobless person all over the country. To arrive at my conclusion, I administered a questionnaire with some primary and secondary data on different categor...

BACKGROUND OF THE STUDY: Generally speaking, small and medium-sized businesses (also known as SMEs) are considered to be the main power of every nation's economic progress, and they are also recognized as justified methods that promote development internationally. Small and medium-sized businesses (SMEs) need a significant amount of human labor despite their low capital requirements. They have the potential to empower individuals to become self-sufficient...

Background of the study: Transforming enormous ideas into economic opportunities is the decisive issue of entrepreneurship. History shows that economic progress has been significantly advanced by pragmatic people who are entrepreneurial and innovative, able to exploit opportunities and willing to take risks. The role of entrepreneurship and an entrepreneurial culture in economic and social development has often been underestimated. Over the years, however, it has become incre...

ABSTRACT: In the realm of commerce, it is an incontrovertible truth that no enterprise can emerge triumphant if its merchandise bears an uncanny resemblance to the offerings of its competitors. It is imperative for companies to diligently pursue the attainment of pertinent positioning and differentiation strategies. In order to effectively establish a brand, it is imperative for a company and its product or service to embody a unique and profound concept within the consciousn...

ABSTRACT: This project was conducted to look properly unto the conflict management in organization, its causes and resolution. The aim of this project is to help management to overcome the problems which was stated properly in the introduction aspect as well as the historical aspect of he project. The whole literature books concerning the management to conflict in organization were also reviewed thoroughly, which will also help in the resolutio...

Background to the study: The pursuit of economic development has been a major goal of many developing nations of the world. Developing countries are confronted with several problems such as high rate of poverty and unemployment which have continued to hinder the attainment of socio-economic development. For any nation to attain development, industrialization, gainful and meaningful employment are important indices used as a measurement of economic develo...

BACKGROUND OF THE STUDY: Social media are interactive technologies that enable people to create and share content, thoughts, job interests, and other modes of expression across virtual communities and networks.Users either use web-based applications on their desktops and notebooks to access social media sites, or they download services that provide social media capabilities on their mobile devices (e.g., smartphones and tablets). When users communicate with t...

ABSTRACT: Nigeria, like other developing countries, has continued to grapple with the menace of poverty despite several economic policies and programmes implemented by various governments. This study was therefore undertaken to assess the impact of small and medium enterprises financing on poverty reduction in Nigeria from 1991 to 2010. Using ordinary least square (OLS) analytical technique, data from the central bank of Nigeria (CBN) statistical bulletin wer...

Background of the study: There have been a consistent agreement in the body of extant literatures (Daasi, 2012; Nelson & nelson, 2010; Gboski, Joshua & Stephen, 2007) that small and medium scale enterprises have the tendency to improve the economy of any nation through job creation and increased flow of finance to the economy calls for policy formulation and implementation that will enhance its growth and performance. However, the recent introduction of cashless polic...

Background to the Study: The legislative device known as cabotage is used to restrict access to or reserve marine or aviation trade within the territorial jurisdiction of a country for the capacity of the local companies. Following calls by prominent maritime specialists and operators on the need for government to make concerned effort towards harnessing the indigenous maritime capacity and utilizing the abundant opportunities in the sector for the benefit of the Nigerian peo...

INTRODUCTION: Robert H. Heywood, Bruce and Graham 1997, started that capital is the money used by expensive piece of heavy equipment such as bulldozer a sawmill or a tractor-trailer. According to Abner 1990, capital is the most important of all the factors of production (Czegledi, Fonger, & Reich, 2015).   He noted that the more a country uses her capital, the higher the rate of industrialization and therefore, the rate of development, to h...

CHAPTER ONE

INTRODUCTION

Background Of The Study: Apparently, the global financial system is embracing the present technological transformation from physical cash to practically virtual currencies. The birth of digital currencies has been ushered in by this wave. According to Charles (2018), digital currency is a digital representation of either virtual currency (non-...

CHAPTER ONE

INTRODUCTION

Background of the study: The The dynamic role of Small and Medium Enterprises (SMEs) in developing countries as engines through which the growth objectives of developing countries can be achieved has long been recognized and stated in the literature. The advantages claimed for Small and Medium Enterprises (SMEs) are various, including: the encouragement of entrepreneurship (Olorunshola, 2003); the...

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY: Writing a business plan in a business world of the 21st century is a desirable undertaking that should be planned in terms task and timeline. If the venture as already been lunched, or an actual start-up based on the feasibility analysis of that venture. The writing of a business plan must now be sand-witched in all the day...

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY: Communication consists of all the processes by which information is transmitted and received. The subject matter may include facts, intentions, attitudes etc. and the chief purpose of communication is to make the receiver to understand what is in the mind of the sender. Therefore, communication is incomplete unles...

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY: Small and Medium Enterprises (SMEs) are the backbone of the contemporary economic development due to the significant role they play in the sustainability of the world economic development (Carter and Tamayo, 2017; Wattana pruttipaisan, 2002). SMEs account for more than 90 percent of businesses, contribute to more than 50 pe...

CHAPTER ONE

INTRODUCTION

Background of the study: According to Bruton et al (2013), there has been a growing interest in finding a long-term solution to poverty alleviation in developing countries, and in entrepreneurship, which is considered an important and strategic tool for economic growth in many countries by encouraging innovation, creativity, and job creation, and a...

CHAPTER ONE

INTRODUCTION

BACKGROUND TO THE STUDY: Since the inception of human being, no human being come into existence fully developed with all the necessary faculties and systems that enhance adaptation. Rather, people come into existence and experience several phases of development. One of the phases of such development is the adolescent phase. According to  Weite...

CHAPTER ONE INTRODUCTION

A look around us will reveal that that our economy consists of people whose material needs and wants are satisfied by numerous business organizaiton especially in the manufacturing sector we can comfortably count on the roster of business organizations both locally and internationally famous such as lever brothers Plc Nigeria bottling company (NBC) Plc...

CHAPTER ONE

INTRODUCTION

BACKGROUND OF STUDY: Small and medium enterprises in Nigeria can be defined according to asset base and number of staff employed. The criteria are an asset base between N5 million and N500 million, and a staff strength between 20 and 300 employees.
The development of Small and Medium Enterprises (SMEs) via effective financing options ha...

CHAPTER ONE

INTRODUCTION

Background Of Study: Nigeria is bedeviled by a myriad of problems which, despite her oil wealth, inhibit her development and even threaten her continued existence as a sovereign state. Nigeria’s socio-political and economic circumstances give the significant indication that many of her problems stem from an origin of artificial colonial const...

CHAPTER ONE

INTRODUCTION

BACKGROUND OF THE STUDY: The intrapreneur is that individual under the employment of an entrepreneur who takes an initiative into a new project of developing a new product or service within the larger organization of the entrepreneur. The intrapreneur possesses the characteristics of an entrepreneur but operates within the firm of the entrepreneur...

CHAPTER ONE

INTRODUCTION

Background To The Study: Microfinance constitute the facilitation  of financial services to meet  the needs of low income individuals  such as micro-entrepreneurs, through  the provision of small loans (microloans), small savings deposits (micro-savings), micro-insurance and enhancing simple payments services required by micro-e...

CHAPTER ONE

INTRODUCTION

Background of the study: Small scale industry orientation is part and parcel of Nigeria. Evidence abound in our respective communities of what successes our great grand parents made of their respective trading concerns, yam barns, iron smelting, farming, cottage industries and the likes. So the secret behind their success of a self reliant strategy...

CHAPTER ONE

INTRODUCTION

Background of the study: Many impoverished individuals in emerging nations face declining living conditions and unemployment as a result of economic downturns. This has been exacerbated by the fact that the formal economy has been steadily losing jobs while many people have been laid off (Abraham, 2003; DTI, 2004). As a result, hundreds of new job...

ABSTRACT

As seller are making efforts to understand the buying behavior of consumers, which will help their business make more profit, increase market share and improve consumers shopping experience, the study of the personal factor influence is important. The research seek to study the personal factor influence on consumer buying behavior in Nigeria which comprised of three sub- factors; Age, Occupation, Economic status as the independent variable which when satisfied would lead to...

ABSTRACT

The purpose of this research is to explore the factors that influence Nigerian online consumer purchase behavior. After a detailed relevant literature and theoretical framework on factors influencing Nigerian online consumer purchase behavior, researcher framed a well-structured questionnaire for collecting required information from a sample of 300 Nigerian customers out of which 217 valid responses received. The collected data were summarized, coded, and controlled by usin...

Background to the Study

Entrepreneurship deals with the process of recognizing a business opportunity, operating and maintaining that business. However, people engage in it without acquiring much skills and competences that will enable them to effectively operate businesses and also enhance their success in whatever walk of life (Salome, Osita & Marcel, 2012). The greatest of human endowments are intelligence and entrepreneurship (Ottih, 2000). Entrepreneurship is an exciting fi...

THE ROLE OF JAPA IN NIGERIA'S BRAIN DRAIN: A CASE STUDY OF THE IT AND TECH SECTORS.

Chapter One: Introduction

Background of the Study

The Japa phenomenon, denoting the large-scale migration of Nigerians seeking better opportunities abroad, has a pronounced impact on Nigeria's brain drain, particularly within the IT and tech sectors. Brain drain, characterized by the emigration of highly skilled individuals, has been a lon...

Background to the Study

One of the major challenges facing Nigerian societies in this contemporary era is unemployment. It has grown at alarming rate with attendant negative impact on the economy. The rate of unemployment as estimated by Nkechi, Emeh and Okechukwu (2012) stood at 50 percent of employable population in Nigeria. It is alarming and calls for concerted efforts from government and all well-meaning Nigerians to fight the menace. Accordingly, Akpan (2012) stated that Niger...

THE ECONOMIC IMPACT OF ELECTRICITY VANDALISM ON SMALL AND MEDIUM ENTERPRISES IN KADUNA STATE

Chapter One: Introduction

1.1 Background of the Study

Electricity plays a critical role in the operation and success of small and medium enterprises (SMEs), which are essential drivers of economic growth, job creation, and innovation in Nigeria. In Kaduna State, like many other regions in the country, SMEs often rely on a consistent and r...