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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 in the economic growth and development of… Continue Reading
This research work examines econometrically the impact of manufacturing sector on economic growth in Nigeria, from 1981 to 2010. It assesses the effect of manufacturing output (mangdp), investment (inv), government expenditure (govexp) and money supply (m2) on log of real gross domestic product (lrgdp). Appropriate multiple regression… Continue Reading
This study assess the impact of Foreign Direct Investment in Nigerian economic growth over the period of 1990-2011. Data from Central Bank of Nigeria (CBN) Statistical Bulletin was used. The Ordinary Least Square (OLS) technique was specified and used to examine the relationship between the variables which includes the Gross Domestic… Continue Reading
A major engine of economic growth and development of any nation is the stock market. It impacts positively on the economy by providing financial resources through its intermediation process for financing long term projects. These projects could be promoted by governments or private institutions. The analysis scope covered a period of… Continue Reading
The study investigated the impact of external debt on exchange rate dynamic in Nigeria for the period 1996-2014. Time series data on external debt stock and external debt service was used to capture external debt burden. The study set out to test for both a long run and causal relationship between external debt and exchange rate dynamic… Continue Reading
mso-fareast-font-family:'Times New Roman''>ABSTRACT mso-fareast-font-family:'Times New Roman''> color:#231F20'>This research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade liberalization and economic growth in Nigeria. Using time-series data over the… Continue Reading
INTRODUCTION The use of economic policy as tool for economic stabilization by governments of different economies of the world cannot be overemphasized. Some of these policy measures may have economic-wide effect (e.g. the budget and inflation) while others may have specific effects such as the consumption tax on consumer good (Killick, 1981 and… Continue Reading
INTRODUCTION Nigeria became a nation state in 1914 by the Act of Amalgamation of the Northern and Southern Protectorate by the British Colonial Administration. Before then there were separate cultural, ethic and linguistic groups span across both the Northern and Southern part of the land such as the Oyo, Benin, Nupe, Jukun, Kanem-Borun, Hausa… Continue Reading
INTRODUCTION 1.1BACKGROUND OF THE STUDY In Nigeria, the first and prime objective of any business in the private sector is to make profit but the uncertainty interest today’s economic environment. Threatens the survival of every business and makes sound liquidity and cash retention the vocal point for the management rather than the achievement… Continue Reading
INTRODUCTION It is universally acknowledged that the banking including play a catalytic role in t he process of economic growth and development. This acknowledgement is reinforced by contemporary conceptualism to the effect that banks are a veritable vehicle for mobilizing resources from su7plus units and tempting same to deficit unit.… Continue Reading
This research work, the developmental impact of rural banking in Nigeria, a case study of United Bank of Africa (UBA) PLC Agbani Road Branch, Enugu was carried out to measure to what extent the rural commercial banks have been able to involve the inhabitant of the rural areas in economic activities and how successful the bank are… Continue Reading
Nigeria has a long history of religious conflicts, some of the most virulent being those of the ‘Maitatsine’ (1980s) and ‘Boko Haram’ (July 2009). The latter matched the former in intensity, organization, and spread. Given the international attention to global terrorism, there is the likelihood that fundamentalist group receive… Continue Reading
This study is aimed at finding out the determinants of savings in a deregulated economy. The Nigerian experience (1980-2010). The following hypothesis was formulated to guide the study. Ho: Interest rate has no significant impact on national savings in deregulated economy of Nigeria. Ho: inflation rate has no significant impact on… Continue Reading
The inter-relationship between Returns on investment, asset size and manpower development of food-based entrepreneurial industries in Abia state is the most common profitability ratio calculating pattern for determining economic impact of manufacturing or productive industries to the national economy. Though there may exist other several… Continue Reading
The research work which is based on implications of budgetary control to industrialisation in Nigeria economic growth between 2012 and 1980 was embarked upon by the researcher to evaluate the position of the Nigerian economy from the perspective of industries with respect to budgeting and budgeting control. The researcher having known the… Continue Reading
External borrowing is a source through which many countries source revenue for development and economic growth of their countries. But this revenue can only help solve the problems of gross under – development when judiciously utilized. The burden of Nigeria’s external debt is more than the country can bear and the state of economic… Continue Reading
INTRODUCTION 1.1 Background to the Study The foreign exchange market intervention phenomenon is obviously not a recent development, quite a number of governments across the globe have intervened in foreign exchange markets. The essence has mostly been to try to dampen volatility and to slow or reverse currency movements. This is usually borne… Continue Reading
Nigeria is the largest oil exporting country in Africa and has a rapidly growing economy. The country follows a resource based growth strategy driven by the production and exporting of oil. With the volatility of global oil prices and of-ten volatile growth of Nigeria’s economy, this research is designed to examine the effect of… Continue Reading
Introduction In 1999, one of the worst post-colonial dictatorship regime in Africa comes to a end. Sani Abacha’s military ruling in Nigeria is overthrown and a transitional regime led by Olusegun Obasanjo is put into place. The country, touted in the 70’s as one of the potential success stories of Africa following the discovery of huge oil… Continue Reading
Despite various efforts of the successive Nigerian governments, virtually all indices of human development especially those of health and education are embarrassingly low. Their effort seem abortive. It is in the light of the above that this topic is very timely “An empirical analysis of the Impact of Human Capital Development on… Continue Reading
The impact of entrepreneurial development in any developing economy can never be over emphasized as result of the its exponential developmental capacity through small and medium scale businesses that are springing up in every nook and cranny of the country almost on daily basis. It is as a result of this that the subject matter “… Continue Reading
The challenges of measuring marketing strategy in relation to productivity has been inadequately address by previous researches and marketing text in Nigeria. Hence this study examines the effect of marketing strategy of First Bank. Out of the total population of first bank, Kaduna main branch with a staff strength of 135 persons… Continue Reading
The study examines the impact of bank consolidation on operational efficiency in First Bank Nigeria Plc Kaduna. Out of 125 staff, 100 were selected for the survey. Questionnaires constitute the main instrument for data collection. The mean scores was used to analyze data the research result indicates that: Consolidation improves services… Continue Reading
INTRODUCTION It is an undisputable fact that Nigeria of the pre-independence era was predominately small scale in its productions and marketing activities. Industrial revolution brought about a shift from the orthodox trade by barter to a more sophisticated marketing system where consumers satisfaction becomes the ultimate goal of the most… Continue Reading
The study examines the staff perception of marketing strategy of First Bank and zenith bank. Out of the total population of 235, 100 persons were selected as the sample size. To determine the sample size the simple random sampling technique was used. The survey method constitute the research design. Questionnaire design by the… Continue Reading