CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY ’ Africa as noted by Chaplan (1966:376), “is an important strategic arena in contemporary world politics”. Osuntokun (1999:19) argues further “being the most populous black country in the world, Nigeria is being compelled to shoulder willingly and unwillingly the leadership of the black… Continue Reading
In every part of the world, financial reports form the basis of communicating the activities and performance of business entities to owners and outsiders. But it is rather unfortunate that most of these financial reports do not meet the need of users as a result of different accounting bodies with varying standards and codes. Most reports… Continue Reading
CHAPTER ONE INTRODUCTION Background of the study In many markets, firms compete over time by expending resources with the purpose of reducing their costs. Sometimes, the cost reducing investments operate directly on costs. In many instances, they take the form of developing new products that deliver what customers need more cheaply. Therefore,… Continue Reading
CHAPTER ONE INTRODUCTION Background of the study The Workplace is an environment for upgrading, improving and reforming the traits related to emotional intelligence competencies such as perception and control of emotions. Emotional intelligence is an important forecaster of key organizational outcomes including job satisfaction, organizational… Continue Reading
This study examines the role of personal income tax on the economic growth of Nigeria. the objective of the study was to determine how tax income affects economic growth in Nigeria. To achieve this objective, relevant secondary data from the period of 2000-2012 on personal income tax were collected from the Central Bank of Nigeria (CBN)… Continue Reading
The purpose of the study is to determine the effect of stock market capitalization and financial openness in Nigerian economy. The descriptive research design was adopted in this study. Data were collected from secondary sources within the year 2000 – 2013, the sampling technique used was probability sampling techniques and, the… Continue Reading
This study examined the impact of pension fund management on the economic growth of Nigeria. To achieve this research objective, relevant data were sourced from National Pension Fund (PENCOM) and National Bureau of Statistics (NBS) for the period spanning from 2009-2013. The study adopted Multivariate Linear Regression Analysis.… Continue Reading
CHAPTER ONE 1.1 Background of The Study The financial organization is considerably one of the largest industries in Nigeria providing employment for an estimated twenty two thousand people nationwide and generating 9% of the annual GDP of the country. Nigeria is considered to be one of the fastest growing telecommunication nations in Africa,… Continue Reading
This study examine the impact of interest rate on housing finance in Nigeria. The objective of the study is to determine how interest rate has contributed to housing financing in Nigeria. The focus was on deposit money banks in Nigeria. Secondary data … Continue Reading
CHAPTER ONE INTRODUCTION 1.1 AN OVERVIEW OF THE STUDY The insufficiency of fund for capital investment is a known common factor in every economy especially in developing countries of the world. In developing countries like Nigeria, the low level of capital investment manifests in high unemployment rate, low productivity and a corresponding… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 OVERVIEW OF THE STUDY The Nigeria economy as we all know is characterized by a number of socio- economic problems. These problems include: import dependence, dependence on a single economic sector, weak industrial base, a low level of agriculture production, a weak private sector, dependence on foreign loan,… Continue Reading
CHAPTER ONE 1.0 INTRODUCTION: 1.1 OVERVIEW : One of the major functions of any government especially developing countries such as Nigeria is the provision of infrastructural services such as electricity, pipe-borne water, hospitals, schools, good roads and as well as ensure a rise in per capital income, poverty alleviation,… Continue Reading
Abstract The main objective of the study is to empirically evaluate the critical roles of small businesses in economic growth and poverty alleviation in Nigeria. The researcher issued questionnaire to the respondent, and data extracted from the questionnaire was adequately analyzed us a positive… Continue Reading
This study examines the determinants of savings in Nigeria between 1980 -2007, which will enable us to proffer solution for the improvement of savings in the economy, since it is an important component of the economic development of any country. On the basis of available data, the study is of the view that savings output in Nigeria… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The term leverage is used to represent the proportionate relationship between debt and equity (Pandey, 2010). The concept used to study the effect of various mix of debt and equity on the shareholders return and the risk in the capital structure of a firm is known as leverage (Bhanu,… Continue Reading
CHAPTER ONE INTRODUCTION BACKGROUND OF STUDY The Nigeria economy has experienced so many declines lately due to high level of fraudulent activities in both the public and the state sector of Nigeria. The federal government of Nigeria has put in so much effort to resolve the effect of fraud on the economy of Nigeria; this was led to the… Continue Reading
CHAPTER ONE INTRODUCTION BACKGROUND OF STUDY The Nigeria economy has experienced so many declines lately due to high level of fraudulent activities in both the public and the state sector of Nigeria. The federal government of Nigeria has put in so much effort to resolve the effect of fraud on the economy of Nigeria; this was led to the… Continue Reading
CHAPTER ONE INTODUCTION 1.1 BACKGROUND OF STUDY The Treasury Single Account (TSA) policy came into being by the federal government of Nigeria to minimize or completely block all financial leakages in other to promote transparency and to reduce the level of mismanagement of government’s revenue, the essence of treasury single account is majorly… Continue Reading
CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF STUDY The rate at which frudulent activities is going on in the country these days is becoming unbearable; the federal government of Nigeria and the CBN have being on their toes to resolve the issue of frauds and to boost financial security in most of the Nigerian banking industry; because all these… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Most developing nations define industrialization as a central objective of their economic policy they see; industrialization goes with agricultural progress as an integral part of growth and structural change. Some economist and analysts are of the view that industrialization plays a major role… Continue Reading
A BSTRACT Today, millions of people in the world are without food especially in the developing world which has been of great concern as stipulated in the United Nations millennium development goal 1, sub-targets A, B and C to fight hunger, povertyand starvation across the world and ensure environmental sustainability(UNCSD, Aug, 2011) .This study… Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In developed and developing countries there are wide range of taxes and levies that affect individuals and companies, citizens and foreigners, manufacturers and marketers, workers and pensioners . In Nigeria taxes range from petroleum profits taxation to tenement rate imposition, and taxes are… Continue Reading
The global economic crisis, which erupted with the meltdown of the United States subprime mortgage market in 2007, has been described as the severest since the Great Depression. The crisis was subsequently spread from the United States to other economies, both in developed and developing countries. In the case of Nigeria, the emergent… Continue Reading
HAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY It would be observed that, despite the presumed developments in the Nigerian economy, the country is still largely being regarded as a developing country (Onyema, 2006). More so, its industrial growth is not quite impressive. Before the emergence of formal microfinance institutions, informal… Continue Reading
C HAPTER ONE 1.0 INTRODUCTION As the International Monetary Fund, IMF observed, the extent and severity of the crisis that began with the bursting of the housing bubble in the United States in August 2007 reflects the confluence of myriad of factors some of which are familiar from previous crises, while others are new. As in previous times of… Continue Reading