EFFECT OF COVID-19 ON THE FINANCIAL PERFORMANCE OF SMEs IN NIGERIA
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
Small and Medium Scale Enterprises (SMEs) are undeniably playing a significant role in the economic development of many countries globally. This role performed by the SMEs has been distracted by the global pandemic COVID-19 (Coronavirus). The pandemic brought about lockdown, movement restrictions, market closure, social distancing, etc. Thus, these restrictions and controls of the movement have particularly affected small and medium enterprises (SMEs) in Nigeria. This study aims to examine the effect of the coronavirus pandemic on the financial performance small and medium scale business in Yobe State, Nigeria. The study adopted a survey research design. Data were obtained through a questionnaire administered to 278 SMEs in Keffi Nasarawa State. The data were analyzed using descriptive and regression analysis using SPSS. The findings of the study indicate owners/managers of SMEs that participated in the study rated the variables of COVID-19 (lockdown, movement restriction, market closure, and social distancing) on a high level. The result further revealed that all the variables in the study correlate with SME's performance. Interestingly, the findings indicate three variables have a significant positive effect on SME's performance, the highest among is the market closure, followed by movement restriction and lockdown accordingly. While social distancing shows no significant effect on SME's performance. Therefore, it is recommended that proactive plans should be put in place for SMEs in anticipation of events such as COVID-19 that can hurt businesses. Finally, future research should consider other related variables that have not been considered in this study.
Related Project Materials
EFFECT OF TEACHERS STRIKE ON ACADEMIC PERFORMANCE OF STUDENTS IN SELECTED SECONDARY SCHOOL
Background Of The Study
This project attempts to examine the effect of strike on the academic performan...
ISOLATION AND CHARACTERASATION OF ANTIMICROBIAL PRODUCING BACTERIA ASSOCIATED WITH THE SOIL
Background of study
Antibiotic resistance has recently emerged as a significant and alarming problem in the medical community. It is a re...
EVALUATION OF THE ROLE OF AESTHETICS IN THE PRODUCTION OF AUNthisWEEK
ABSTRACT
This research aims to understand the role of aesthetics in the production of electronic newsletters. In this study, AUN’s...
STUDENTS PERCEPTION OF BIOLOGY LEARNING ENVIRONMENT ON THEIR ACADEMIC ACHIEVEMENT IN SENIOR SECONDARY SCHOOLS
ABSTRACT
The study investigated the perception of student on biology learning environment on sen...
EFFECT OF PERIODIC TESTING ON STUDENT ACADEMIC ACHIEVEMENT IN STUDYING ECONOMICS IN SENIOR SECONDARY SCHOOLS
ABSTRACT
The study was undertaken to investigate the effects of Periodic Testing on academic achievement of senior...
MANAGEMENT FACTORS INFLUENCING ACADEMIC PERFORMANCE OF STUDENTS IN PRIVATE SECONDARY SCHOOLS IN PORT HARCOURT LOCAL GOVERNMENT AREA IN RIVERS STATE NIGERIA
BACKGROUND TO THE STUDY
There is a growing body of literature from researchers and educationists which have made a...
THE EFFECT OF TEAM BUILDING ON EMPLOYEES PRODUCTIVITY IN NIGERIA
Abstract
This study focused on the analysis of The Effect Of Team Building On Employees Productivity In...
THE EFFECT OF SOCIOECONOMIC BACKGROUND ON ACADEMIC PERFORMANCE OF SECONDARY SCHOOL BIOLOGY STUDENT: A CASE STUDY OF ENUGU NORTH LOCAL GOVERNMENT AREA
Abstract
This study determined the effect of socio-Economics background on Academic performance of Secondary school Biol...
IMPACT OF OFFICE TECHNOLOGY ON SECRETARIAL PROFESSION
ABSTRACT
This study was carried out to examine the impact of information technology on the secretarial profession....
AN ASSESSMENT OF PRE-PRIMARY SCHOOL EDUCATION ON PRIMARY SCHOOL PUPILS’ PERFORMANCE
Background to the Study.
Early childhood education is largely a post-colonial development. The semblanc...
