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The Role of Social Network in Family Business Diversification: Evidence from South Eastern Nigeria

Aim/Purpose: This study seeks to investigate if participation in business association’s programs through the traditional and new media platforms influences family businesses in South Eastern Nigeria to diversify into similar or different businesses. Background: Before the advances in information and communication technology, businesses were carried on via the traditional media. The application of these advances has changed the way business communications and transactions are conducted globally in both family and non-family businesses. Businesses are adapting to today’s turbulent environment by opening similar or different businesses in the same or different locations that are hinged on the traditional and new media platforms. Nigerians are largely involved in social network through the traditional (face-to-face contact) and new media (e.g., Facebook, WhatsApp, Twitter, YouTube and Instagram). Moreover, in spite of the commonplaceness of family businesses in Nigeria, these businesses still experience weak diversification, bankruptcy and loss of socio-emotional wealth. Consequent upon the foregoing, this paper specifically investigates if involvement in social network via the traditional media (i.e., participation in business association’s meetings, workshops, seminars) and the new media (i.e., participation in the business association’s interactive sessions on trending business issues through the association’s online social platform like WhatsApp, Twitter), influence family businesses in South Eastern Nigeria to diversify into similar or different businesses. Methodology: The study adopted a qualitative methodology. The qualitative data were generated via interview involving 30 purposively selected businesses from South Eastern Nigeria. This comprises 15 family businesses each that have respectively adopted related and unrelated diversification strategies. Two respondents (i.e., the business owner and a top level manager) each were drawn from the selected businesses. In all, 60 respondents were interviewed. Since the unit of analysis is the family business, the interview transcriptions from all the respondents were subjected to thematic content analysis on the basis of the family businesses. Contribution: Active involvement and participation in all the meetings, discussions, workshops and seminars of the social network via the traditional and new media platforms facilitates the adoption of related or unrelated diversification in family businesses. Moreover, the adoption of similar social network platforms like WhatsApp and Twitter in all the relationships among and between employees and managers, and the transactions of the businesses is one of the key factors for achieving successful related or unrelated diversification in family businesses. Findings: In spite of the risky nature of the business environment, the adoption of related diversification strategies is significantly influenced by resources such as business consultancy services garnered through the traditional and new media platforms of the social network. Also, family businesses that are actively involved in a social network where the actors interact through the traditional and new media are influenced by the resources acquired to consider adopting unrelated diversification. These resources include: better understanding of the nature of business challenges, environments and experiences; and different lines of businesses. Thus, the traditional and new media platforms are complementary in their roles. Recommendations for Practitioners: Family business owner-managers could use the findings to develop related or unrelated strategies for diversifying into existing or new markets. This can be through the localization of manufacturing plant, improvement of product packaging, sitting of sales outlet closer to the consumers, introduction of lower prices for products/services, introduction of new and better ways of service delivery, or development of more compelling promotion strategies. Recommendation for Researchers: As a veritable guide, this study could guide future researchers in the formulation of their objectives, selection of instrument for data collection and respondents, and adoption of method of data analysis. Impact on Society: Successful diversification suggests the establishment of new or more businesses. Consequently, these new or more family businesses are expected to translate to more employment opportunities and by extension reduction in unemployment and poverty rates in the society. Future Research: Further studies should be carried out to enhance the development of family businesses, contribute to the existing literature and ensure the generalization of the findings.




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Knowledge Sharing Process and Innovation Success: Evidence from Public Organisations in Southern Nigeria

Aim/Purpose: This study investigates the relationship between knowledge sharing process and innovation success with specific emphasis on tacit knowledge. Based on the literature review, we hypothesised that knowledge donating and collecting have a positive relationship with innovation success. Methodology: The hypotheses were empirically tested using the partial least square path modelling with data collected from twelve state-owned public organisations operating in Southern Nigeria. Contribution: The research made distinct empirical contributions to the burgeoning literature on knowledge sharing and innovation from the public sector and developing country context. Findings: Knowledge donating and collecting contribute to innovation success positively and significantly. Knowledge donating effect on innovation success was found to be more significantly positive than the effect of knowledge collecting on innovation success. Recommendations for Practitioners: Public organisations should promote a supportive culture to spur innovation through the frequent share of experiences, information and skills among the various knowledge actors. Public managers should convey the importance of knowledge sharing and its value to knowledge users in clear terms and attend to creating conditions or contexts that encourage people to share knowledge freely and willingly with others. It is apt to improve organisational commitment and support for knowledge sharing activities such as mentorship programs, workshops, conferences, seminars and other related training and development programs in order to provide opportunities for employees to develop innovation competencies from the transfer of tacit knowledge developed over time from experience. To optimise innovation outcomes from knowledge sharing practices, knowledge sharing should be in tandem with the industry or global best practices. Future Research: Future studies should add interviews to provide depth in terms of insights and substance to the questionnaire, and may extend to public organisation with different ownership structure.




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Social Media Use and Its Effect on Knowledge Sharing: Evidence from Public Organisations in Delta State, Nigeria

Aim/Purpose: This study investigates social media use and its effect on knowledge sharing. Based on the review of related literature, we hypothesised that social media use has a significant effect on outward and inward knowledge sharing. Background: While the notion of social media use in work organisations has been progressively developed, empirical studies linking social media to the context of knowledge sharing have only begun to emerge. Even so, literature on social media use and its impact on public organisation is still tentative and remains a developing area. Methodology: The partial least square method was utilised in testing of hypotheses with data collected from 103 employees, who by virtue of their position and job function(s) interface with the public for the purpose of sharing knowledge via the social media space. Contribution: The study made contributions to the social knowledge management literature in two ways. First, the study developed a research model that links social media use to the two distinct dimensions of knowledge sharing. Second, the study provides a quantitative approach, where statistical techniques were applied to validate the social media use and knowledge sharing link. Findings: Statistically, the public organisations utilise social media partly for knowledge sharing, with its effect being significant on outward knowledge sharing and insignificant on inward knowledge sharing. This indicates that social media were deployed mainly for information dissemination “outward knowledge sharing” and not for stakeholders’ feedback and interaction “inward knowledge sharing”. Recommendations for Practitioners: Public organisations should develop a policy framework and guidelines for social media use to encourage the full use of this technology to inform and interact with stakeholders. It is important for this policy document to adopt best practices regarding interactive spaces so that both knowledge sharing dimensions manifest themselves in social media communications. Second, it is necessary to carry out staff training for the professional use of this technology for knowledge sharing. Recommendation for Researchers: Future studies should extend to more populations in different contexts to validate findings Impact on Society: This paper intends to influence practices adopted by organisations in the public sector to improve the knowledge sharing dimensions via the social media space. Future Research: Future studies may extend to public organisations in other geographical locations around Nigeria. It will be useful for studies to provide an international perspective by sampling public organisations from different countries or by comparing and contrasting the findings of other studies, specifically those from other countries. A longitudinal study should be encouraged to detect advancement or development with regards to the subject matter over a period of time.




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Performance Expectancy, Effort Expectancy, and Facilitating Conditions as Factors Influencing Smart Phones Use for Mobile Learning by Postgraduate Students of the University of Ibadan, Nigeria

Aim/Purpose: This study examines the influence of Performance Expectancy (PE), Effort Expectancy (EE), and Facilitating Conditions (FC) on the use of smart phones for mobile learning by postgraduate students in University of Ibadan, Nigeria. Background: Due to the low level of mobile learning adoption by students in Nigeria, three base constructs of the Unified Theory of Acceptance and Use of Technology (UTAUT) model were used as factors to determine smart phone use for mobile learning by the postgraduate students in the University of Ibadan. Methodology: The study adopted a descriptive survey research design of the correlational type, the two-stage random sampling technique was used to select a sample size of 217 respondents, and a questionnaire was used to collect data. Descriptive statistics (frequency counts, percentages, mean, and standard deviation), test of norm, and inferential statistics (correlation and regression analysis) were used to analyze the data collected. Contribution: The study empirically validated the UTAUT model as a model useful in predicting smart phone use for mobile learning by postgraduate students in developing countries. Findings: The study revealed that a significant number of postgraduate students used their smart phones for mobile learning on a weekly basis. Findings also revealed a moderate level of Performance Expectancy (???? =16.97), Effort Expectancy (???? =12.57) and Facilitating Conditions (???? =15.39) towards the use of smart phones for mobile learning. Results showed a significant positive relationship between all the independent variables and use of smart phones for mobile learning (PE, r=.527*; EE, r=.724*; and FCs, r=.514*). Out of the independent variables, PE was the strongest predictor of smart phone use for mobile learning (β =.189). Recommendations for Practitioners: Librarians in the university library should organize periodic workshops for postgraduate students in order to expose them to the various ways of using their smart phones to access electronic databases. Recommendation for Researchers: There is a need for extensive studies on the factors influencing mobile technologies adoption and use in learning in developing countries. Impact on Society: Nowadays, mobile learning is increasingly being adopted over conventional learning systems due to its numerous benefits. Thus, this study provides an insight into the issues influencing the use of smart phones for mobile learning by postgraduate students from developing countries. Future Research: This study utilized the base constructs of the UTAUT model to determine smart phone use for mobile learning by postgraduate students in a Nigerian university. Subsequent research should focus on other theories to ascertain factors influencing Information Technology adoption and usage by students in developing countries.




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Perception of professionals on factors influencing skilled labor shortages in the Nigerian construction industry

The construction industry in Nigeria plays a pivotal role in economic growth, yet it faces a critical challenge: a shortage of skilled labor. This study aims to identify the key factors influencing skilled labor availability in Nigerias construction sector and propose actionable solutions. Through an extensive literature review and distribution of questionnaires to construction professionals...




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Vulnerabilities, support systems and child domestic work in South-West Nigeria.

Children's Geographies; 12/01/2021
(AN 153655051); ISSN: 14733285
Academic Search Premier





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Fulani herdsmen kidnap Christians in attack on villages in Nigeria

Fulani herdsmen kidnapped four Christians in an attack on villages in north-central Nigeria.




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Radical Fulani herdsmen slaughter Christians in Nigeria, clergy kidnapped

Fulani herdsmen killed six Christians on Friday and Saturday in Benue state, Nigeria, after slaughtering 15 Christians in a nearby village two days earlier, sources said.




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Africhange secures IMTO licence to streamline remittance to Nigeria

Africhange has announced that its Nigerian branch, Currenzo,...




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DOL awards $5M to help fight workplace discrimination, harassment; empower working women in Nigeria, Liberia

The project will focus on empowering women workers, communities and institutions and increasing their capacity to prevent and address discrimination, violence and harassment against women in the workplace. 




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Youth Converts Foundation Partners With Afrigrants Foundation With Support From Meta To Bring The Third Edition Of Danish Football Development Initiative (DFDI) On 24th-25th November 2022 in Nigeria

Youth Converts Foundation is a Nigerian based Non-Governmental Organization that is dedicated to using the power of sport for social development. Through DFDI, it is leveraging the love of soccer to build the capacity of the Nigerian youth.




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The GTTAC Counterterrorism Brief: Focus on Nigeria

This brief focused on Nigeria's sources of violence and conflict and contains analysis, data, and statics compiled by the Global Terrorism Trends and Analsysis Center (GTTAC).





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Does conflict-driven internal displacement influence demand for agricultural inputs? Evidence from Nigeria

Does conflict-driven internal displacement influence demand for agricultural inputs? Evidence from Nigeria

Examining the effectiveness of vouchers and marketing information.

The post Does conflict-driven internal displacement influence demand for agricultural inputs? Evidence from Nigeria appeared first on IFPRI.




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Pivotal: Confronting hunger and poverty in Nigeria (Africa Independence Television)

Pivotal: Confronting hunger and poverty in Nigeria (Africa Independence Television)

Nigeria’s current economic crisis continues to attract media attention. On 26 June 2024 Africa Independence Television (AIT) hosted a panel discussion on the television program “Pivotal” focused on confronting hunger and poverty. The panel, moderated by Nabila Usman, included Kwaw Andam, Country Program Leader, IFPRI-Nigeria, Andrew Mamudu, Country Director, Action Aid, and Abdullahi Mohammad, Associate, […]

The post Pivotal: Confronting hunger and poverty in Nigeria (Africa Independence Television) appeared first on IFPRI.





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Nigeria Fiber Optic Products Supplier

Fiber optic Nigeria is a leading supplier of cables and fiber transceiver modules.




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Nigeria: Nigerians and Social Media Usage

[This Day] The advent of social media has been no doubt life transforming and life defining for many people around the globe. Nigerians are no exceptions.




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Nigeria: CJN Calls for Improved Strategies, Innovation to Protect Telecoms Consumers' Data

[This Day] Worried about the continuous misuse of personal data of telecoms consumers, which has exposed them to increased risk of identity theft, coupled with the frequent hacking of customers' online banking app, leading to loss of huge sums of money, the Chief Justice of Nigeria (CJN) who doubles as Chairman, Board of Governors, National Judicial Institute, Justice Kudirat Kekere-Ekun, has stressed the need for improved strategies and innovation that will protect consumers' data, as well as online transactions.




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Nigeria: Concerns Rise Over 'Borrow-Me-Credit' Service in Nigerian Telecom Sector

[This Day] The Association of Telecom Entrepreneurs, representing Nigeria's airtime distribution sector, has raised concerns over what it describes as excessive costs and a troubling lack of transparency surrounding the "borrow-me-credit" schemes offered by some telecom operators.




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Nigeria: Nigerians Use 336 Gigabytes Per Second - Report

[Vanguard] The Nigerian Communications Commission (NCC) has announced a significant surge in daily data usage, with a 39% increase from last year, averaging 336 gigabytes per second.




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Nigeria: Meet the Women Reshaping Nigeria's Digital Health Sector

[Nigeria Health Watch] Despite ongoing efforts to empower more African women to join the technology sector, and some promising recent signs of a surge of female-led businesses, the digital health sector in Nigeria, like the digital health sector globally, is still largely dominated by men.




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Nigeria: Mobile Spectrum - Gwandu Seeks Unity Among African Countries

[Leadership] Former executive vice chairman/CEO of the Nigerian Communications Commission (NCC), Dr. Bashir Gwandu has called on African representatives to the ITU's World Radiocommunications Conference 2027 (WRC-27) to stand united in securing spectrum allocations critical for mobile connectivity in rural areas.




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Nigeria: WRC-27 - Gwandu Seeks Unity Among African Countries to Secure Vital Mobile Spectrum

[Daily Trust] A former Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Dr. Bashir Gwandu, has called on African representatives to the ITU's World Radiocommunications Conference 2027 (WRC-27) to stand united in securing spectrum allocations critical for mobile connectivity in rural areas.




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West Africa: Nigeria Advocates Robust Data Protection

[Daily Trust] The federal government has stressed the importance of robust personal data protection to prevent cybercrimes and foster trust.




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Nigeria: Nitel Building - Nigeria's Tallest Property of Decades

[Daily Trust] The Nigerian Telecommunications (NITEL) now Nigeria's External Communications Operations (NEM) House stands as the tallest building nationwide.




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Nigeria: TIA 2024 Celebrates Innovation, Recognises Tech Experts

[This Day] Tech Innovation Awards (TIA 2024), at the weekend in Lagos, celebrated technology innovation and resilience that transformed Nigeria's tech space, while recognising technology experts and organisations that have worked towards Nigeria's digital transformation.




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Nigeria: NCS - Nitma Awards Will Create Tech Innovation, Boost Economy

[This Day] Emma Okonji




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Nigeria: Nigerian Travellers Elated As Neos Begins Lagos-Milan Flight

[This Day] The long awaited flight between Nigeria and Italy has become a reality as Italian flag carrier, Neos Airline has announced commencement of direct flight service between Lagos and Milan end of October.




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Nigeria/Libya: How Super Eagles Reacted to Harrowing Libyan Airport Experience

[Premium Times] This isn't the first time Nigeria has faced difficulties in Libya. In 2018, the team was held for four hours due to documentation issues.




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Nigeria: Transcorp Hotels Records 67 Percent Revenue Growth, Profit Up By 192 Percent in Q3

[Daily Trust] Transcorp Hotels Plc, the hospitality subsidiary of Transcorp Group, has announced its Q3 results for 2024.




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Nigeria: Transcorp Hotels Reports 67 Percent in Revenue Growth to N48.49bn

[This Day] Transcorp Hotels Plc, yesterday on the Nigerian Exchange Limited (NGX) announced its third quarter (Q3) ended September 2024 unaudited result and accounts with a strong performance from top to bottom.




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Nigeria: IMF Wants Nigeria to Focus More On Increasing Tax Revenue

[Vanguard] The International Monetary Fund (IMF) has asked the Nigerian government to put in place a more efficient tax collection system in order to broaden its revenue base.




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Nigeria: Flight Disruption - NCAA Introduces Additional Protection for Air Passengers

[Leadership] In addition to the Consumer Protection Portal (CPP), recently unveiled to address issues and agitations arising from flight delays and cancellations, the Nigeria Civil Aviation Authority (NCAA), has again, introduced another layer of protection for air travel consumers.




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Nigeria: Shell Will Continue to Power Progress On Energy Security in Nigeria - Okunbor

[This Day] Shell will continue to power progress in the drive for energy security in Nigeria through its businesses in the Upstream, Midstream and Downstream and Renewables sectors, Country Chair, Shell Companies in Nigeria and Managing Director, The Shell Petroleum Development Company of Nigeria Ltd (SPDC,) Osagie Okunbor said yesterday in Lagos.




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Nigeria: How Dr Nnamene Built One of Nigeria's Most Successful Business Conglomerate

[This Day] Fact have emerged on how one of Nigeria's billionaire's and business mogul, Dr Innocent Nnamene rose from a humble beginning to build one of the most successful business empires in Nigeria.




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Nigeria: Property Taxes Can Help Nigeria, Others Develop - IMF

[This Day] The International Monetary Fund (IMF) has highlighted property taxes as a crucial but underutilised revenue source for Nigeria and other low-income countries aiming to achieve sustainable growth.




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Nigeria: Nigeria Grows Crude Oil Output By Over 1 Million Barrels in October

[This Day] *IPMAN says it expects to agree petrol price with Dangote refinery in 48 hours*Crude nears two-week low as OPEC cuts demand view




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Nigeria: We'll Support Nigeria's Economic Reforms, Saudi Crown Prince, Salman, Tells Tinubu

[This Day] Crown Prince and Prime Minister of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz Al Saud, has assured President Bola Tinubu that his country would support Nigeria's economic reforms.




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Nigeria: Hardest Economic Days Behind Us, Tinubu Assures Nigerians

[Leadership] President Bola Tinubu on Tuesday declared a new chapter in Edo State's history with the triumph of democratic values as Senator Monday Okpebholo and Dennis Idahosa were sworn in as governor and deputy governor, respectively.




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Nigeria: Epileptic Power Supply in North May Last Longer

[Leadership] The quest to resolve the power crisis in Northern Nigeria appears increasingly bleak as new revelations have surfaced regarding the mismanagement and neglect that have plunged the region into prolonged darkness.




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Nigeria: COP29 - Global Warming Is Over, Global Boiling Begins, Antonio Guterees Warns

[Vanguard] The United Nations, UN, Secretary-General, António Guterres, has warned about the dire need for climate action and increased funding to support vulnerable nations, stressing that "the era of global warming has ended; the era of global boiling has arrived".




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Nigeria: Channel Funds to Industrialisation, Not Palliatives, Anglican Primate Tells Govt

[Premium Times] The cleric commended the government for ensuring that the scope of intervention of TETFund expanded from building infrastructure to carrying out research programmes.




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Nigeria: Tinubu Returns From Saudi Arabia

[Premium Times] The president arrived at the Nnamdi Azikiwe International Airport, Abuja at about 8. 00 p.m. and was welcomed by members of his administration.




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Nigeria: We've Stopped Importing Refined Petroleum - NNPC GCEO Kyari

[Vanguard] The Nigerian National Petroleum Company (NNPC) Limited has ceased importing refined petroleum products, according to Mele Kyari, the group chief executive officer (GCEO) of NNPC.




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Nigeria: Blue-Chip Companies' Opex Tops N5.1tn On Inflation, Regulatory Charges, Naira Devaluation

[This Day] On the back of galloping inflation, regulating expenses, and devaluation of the local currency, a total of 23 leading companies on the Nigeria Exchange Limited (NGX), reported a whooping N5.1 trillion operating expenses in the half year (H1) ended June 2024.





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Nigeria: Stakeholders Task FG, States On Fake Agro-Chemicals in Markets

[Leadership] Cocoa Farmers Association of Nigeria (CFAN), has challenged the National Task Force (NTF), states, the federal government and stakeholders in the cocoa value chain to intensify efforts in flushing out fake and adulterated agro-chemicals from the market to increase the production of cocoa in the country.




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Nigeria: Stock Market Drops By N448.4bn On Investors' Profit -Taking in Bua Cement, 27 Others

[This Day] The stock market segment of the Nigerian Exchange Limited (NGX) kicked off the new week on a negative note, dropping by N448.41 billion over investors' profit-taking in BUA Cement Plc and 27 others listed companies.