International records / OpenAlex research

Microfinance activities and entrepreneurship development in Nigeria

This study examines the impact of microfinance activities on entrepreneurship development in Nigeria over the period 2000–2025, focusing on microfinance loans (MFL), microfinance savings (MFSAV), and microfinance-related investments (MFINV) as independent variables, with the SME-GDP entrepreneurship index (SMEGDP) as the dependent variable. Data sourced from the Central Bank of Nigeria Statistical Bulletin and World Development Indicators were analysed using the Autoregressive Distributed Lag (ARDL) bounds testing approach, chosen for its suitability in handling mixed-order integrated series a…