The purpose of this paper is to establish the difference in organizational justice perceptions and effects organizational justice dimensions on turnover intentions of workers in university teaching hospitals. The study adopted analytic descriptive survey design with quantitative methodology. Data were collected from university teaching hospitals in Nigeria through distribution and retrieval of 503 copies of questionnaire which was designed on a 5- point Likert scale response continuum of strongly agree to strongly disagree with corresponding weights from 5 to 1. Data were analysed with one way analysis of variance, Duncan post hoc test and multiple regression analysis. The findings of this study demonstrated that there was a significant difference in organizational justice perception among junior, senior and management staff in teaching hospitals; there was a significant difference in organizational justice perception among medical doctors, paramedics and supporting staff in teaching hospitals; distributive justice had non-significant positive effect on turnover intention among others. There is dearth of empirical literature in organizational justice and turnover intent in teaching hospitals in the Nigerian context. This research paper bridged the knowledge gaps, demonstrated policy inadequacies in the health sector and proffered possible way forward to mitigate the incidence of industrial unrest.

This study examines self-efficacy and subjective norms (moral obligation, empathy, and perceived social support) as moderators of the effect networking competence has on social entrepreneurial intentions. Using Nigeria as a study area, a survey was conducted on 541 budding entrepreneurs, which were students with a high entrepreneurial propensity. With the use of Andrew Hayes’s PROCESS macro, a simultaneous regression analysis was performed to establish the interaction effect of the selected moderators. The results show a positive main effect of networking competence on social entrepreneurial intentions, statistically significant interaction effects of empathy and perceived social support, no interaction effect of moral obligation, and a poor self-efficacy fit. This study extends theories of entrepreneurial intentions and the mediation (additive) models of Mair & Noboa, Krueger, and Hockerts. Suggestions are that other studies should be carried out using self-efficacy among actual early-level entrepreneurs, with a likelihood that results could explain what role self-efficacy could have in predicting social entrepreneurial intentions.

The goal of this study is to assess the industry effects of monetary policy transmission channels in Nigeria within the period 1981-2014. Techniques of analysis employed in the study are the Johansen cointegration and the error correction model (ECM). Our regression estimates reveal that the private sector credit, interest rate, and exchange rate channels have negative effects on real output growth, both in the long run and in the short run. The results further show that, relatively, the degrees of the established effects are higher in the long run than in the short run. We employed the Johansen cointegration approach to determine the nature of relationship that exists between our dependent variable and the independent variables. The results show that, in the Nigerian case, monetary policy transmission channels jointly have a long-run relationship with real output growth of the industrial sector, and disequilibrium in the system is corrected at the speed of 72.2% annually.

The Central Bank of Nigeria (CBN) launched the microfinance banking scheme on December 2005 as part of government strategies to achieve one of the cardinal agendas of the Millennium Development Goals (MDGs) of reducing extreme poverty by 2015. The microfinance banks (MFBs) were promoted to provide financial services to the economically active poor in the society and to create an environment of financial inclusion to boost the capacity of micro, small and medium enterprises that abound in our rural areas. The impact of the MFBs in rural development in Nigeria was empirically evaluated in this study using some performance indicators. These include growth in deposit mobilization, aggregate credit extension, loan per rural person (LPRP), total assets of MFBs, etc. The ordinary least square econometrics was used to generate the regression coefficients and other statistics. Data for the study were gathered from the Annual Report and Accounts published by the MFBs and collated and analyzed by the CBN in the Statistical Bulletins. The impetus for the study was largely derived from the renewed interest in microfinancing by the World Bank, International Development Institutions, the Nigerian Government and other International Development Partners. The results of the study show that MFBs have impacted positively on our rural economy. The regression coefficients for all the key factors analyzed in the research were positive though not statistically significant. This means that the full impact possibilities of these institutions as catalyst for rural development are yet to be realized. The findings also Article provide significant support to the rationale earlier canvassed by the CBN for the recent re-engineering of the various microfinance institutions in the country in order to improve their impact possibilities. The researchers noted that the recent re-engineering and retooling of the MFBs scheme is one step in the right direction and recommends that government should provide key infrastructures especially electricity and ensure stable macroeconomic environment to enable micro and other business enterprises to thrive in the country.

This study investigated the impact of succession management on small and medium enterprises’ (SMEs’) sustainability in Lagos, Nigeria. The study adopted a descriptive survey research method and its participants were selected from five SMEs across Lagos State, based on their number of years of operating, staff strength, and branch locations. The enterprises included Gnakk Enterprises, Dreamville School, Vitus Cosmetics, Osi Ventures, and Chijioke Frozen Foods. The Pearson product moment correlation coefficient was used to analyze the hypotheses, which revealed that succession management had a positive correlation (r = 0.934, p-value < 0.05) with corporate sustainability amongst SMEs in Lagos State, Nigeria. Hence, the study concluded that in respect of strategic recruitment, succession management attracts and assists to retain a high performing skilled labour force.