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ABSTRACT This study examined the impact of selected monetary policy instruments on credit to private sector in Nigeria.Regulatory policy is a very essential element in achieving desired objectives such as promoting economic growth, achieving full employment level, reduction in the level of  inflation,  maintenance  of  healthy  balance  of  payment,  sustenance  of  growth  in  the economy, increase in industrialization and economic  stability.Bank  Industry  Performance serving as the dependent variable and is ...

ABSTRACT Most economic rationales for granting special incentives for attracting FDI are based on the belief that FDI bridges the “idea gap” between the rich and the poor nations in addition to the generation of technological transfers and spillovers. Empirical Literature however finds controversial, the effect of FDI on productivity growth. This study is an investigation into the impact of FDI on the Nigerian economy. Using secondary data obtained from ...

ABSTRACT The objective of this study is to examine the  impact of  global financial crisis on the Nigerian Capital Market particular to stockbrokers and investors on Nigerian Stock Exchange, Lagos  Branch.  The data for  the  study were collected through primary and secondary sources of data namely: Textbooks, Journals, Internet, past works relating to the study and questionnaire. The data were analyzed and presented using tables; simple percentage and the hypothesis ...

Abstract This research empirically tested the weak-form efficient market hypothesis of the Nigerian Stock Exchange (NSE) by hypothesizing normality of the return distribution series, random walk assumption and efficiency across time. Monthly all share indices of the NSE were examined for normal distribution and random walk from January 1993  to  December 2007,  as  well  as  two sub-periods of January 1993 to December 1999 and January 2000 to December 2007. Our ...

ABSTRACT The controversy over the optimal capital structure question focuses on the effect of the addition of non-equity financing on the quality of the firm's earnings and on the rate at which the earnings are capitalized. Theory posits that capital structure of a firm affects its shareholders‘ return and risk, and consequently, the market value of shares, hence its significance in corporate financing decisions. This study therefore empirically examines the ...

ABSTRACT This research work aims at determining the role of information and communication technology in detecting fraud in the Nigerian banking system. The banking institution which has integrity and trust as its hallmark has been exposed to various forms of fraud and various means employed in defrauding banks. Fraud derails the society’s integrity and value among the committee of nations and in effect, affects the level of trust. The banking ...

ABSTRACT This  study  was  carried  out  to  examine  the  impact  of banking lending on industrial development in Nigeria. The objectives of the study was to examine the impact of bank lending  on  industrial  development  in  Nigeria  and  to examine the relationship between bank lending and employment in the industrial sector. The method used in gathering data for this study was from publication of the Central Bank of Nigeria and the ...

ABSTRACT This project evaluates the level of capital adequacy of three Nigeria commercial banks including the Union Bank of Nigeria Plc, First Bank of Nigeria Plc and Oceanic Bank International Plc from year 2003 to 2007. It delves into the theoretical framework of capital adequacy by reviewing development in the international capital standards (the Basel I and Basel II accords) for banks, their controversies and prospects in line with effective ...

ABSTRACT The economic situation in Nigeria have lead to shift in emphasis on non- oil export as a way of boosting foreign exchange earnings as well as the diversification of  the  Nigeria economy. This  have become important because of the deficiency in foreign exchange caused by fluctuations in oil prices and the Niger Delta issues which have led to drop in government revenue.   Unfortunately, Merchant banks whose primary role is ...

ABSTRACT Since the Dutch Tulip Mania of the 1630s, cycles of bubbles and bursts in stock markets have become commonplace across the world, hence, this has gained a reasonable  academic  attention.  However  answers  as  to   what  causes  a particular market  crash remains context-specific  and  in most cases,  weakly related to the overall question of what causes stock market crash and how it can be prevented. Consequently, the question of what ...

ABTRACT Deposit  Money  Banks  are  the  backbone  of  the  economy  of  any  country. They   are   the   institutions   specifically   designed   to   further   the   capital formation  process  through  the  attraction  of  deposits  and  the  extension  of credit  (     Dhanuskodi,   Thangavelu,   Venkatachalam   &   Sudalaimuthn, 2007).  Despite  these  important  roles,  deposit  money banks  are exposed  to financial risks among many other risks. Financial risks reflect possibility of loss  associated  with  liquidity,  capital  adequacy,  credit, ...

ABSTRACT The aim of this study was to determine the effect of corporate performance on stock prices of quoted Nigerian banks. The ex-post facto research design was adopted. This enabled the researcher make use of secondary data to determine the effect of  earnings per share, dividend per share, return on equity and price earnings ratio on share prices of Nigerian banks. The following performance indicators: earnings per share, dividend per ...

ABSTRACT The study sought to examine the impact of external debt stock on investment and economic growth in ECOWAS Countries. The specific objectives of the study were to: (i) determine the effect of external debt stock on  public investment in ECOWAS countries, (ii) examine the effect of external debt stock on economic growth in ECOWAS countries, (iii) evaluate the effect of external debt service on public investment in ECOWAS countries,(iv) ...

ABSTRACT The CBN in  its search for a more robust, stronger and stable banking system, reeled out a 13  point reform agenda in  July 6,  2004 direct among other things, that operators in the banking sub-sector should raise their capital base to N25 billion with full compliance by December 31, 2005. Although the minimum capitalization  segment  of  the  bank  consolidation  exercise  has  since  been achieved,  In the light of the ...

Abstract Nigeria’s external debt, including its size, structure, source, type, and composition. The work analyzes the indexes for measuring the debt burden and examines alternative debt scenarios. It distinguishes between the internal and external factors influencing external debt accumulation,  identifies  the changes in  the international environment necessary to alleviate the debt burden, and examines the relationship between export performance  and  the  debt  burden.  After  reviewing  the structure  of the Nigerian ...

ABSTRACT The  importance  of  taxation  as  a  policy  in  a  growing  economy  like Nigeria  cannot  underestimate.  It  has  become  one  of  the  popular positions of professional economists that tax revenue of any given government / nation contributes to the checks and healthy management of  its  national  governance  economically  and   improves  communal services.  This  project  has  taken  a  through  researched  process  to highlight the fact that tax generally facilitates resource and ...

ABSTRACT The study sought to examine the determinants of financial structure of Nigeria quoted firms during the period spanning 1999 – 2014. The 15- year period accommodated several time periods and data points. The study adopted ex-post facto research design. The research work also adopted two theoretical frameworks: Pecking Order and Static Trade – off theories captured in a panel regression model. A sample of 24 firms was  selected  based ...

ABSTRACT This research set out to analyze the needs and preference of Nigerian employees with a view to determining how they can be effectively motivated to perform optimally at work for the overall benefit of their organizations and themselves. Various motivation theories including Abraham Maslow’s Hierarchy of needs, Hertzberg’s Hygiene theory and Alderfer’s  famous  ERG  theory  of  motivation  were  reviewed.  The population  of the study comprised  of the entire staff ...

ABSTRACT Micro  Finance is a living idea and Nigeria and the rest of the world cannot do without Micro finance and SMEs in their bid to improving the living conditions of citizens  and  the  alleviation of  poverty  around  the world.  The  objectives  of  this research are, to; examine the impact of MFBs loans and advances on the net profit of SMEs, examine the impact of loans and advances on shareholders’ ...

ABSTRACT This study examined the impact of dividend yield on stock prices of Nigerian banks; the impact of earnings yield on stock prices of Nigeria banks and the impact of payout ratio on stock prices of Nigeria banks. The study adopted the ex-post-facto research design and panel data covering 5-year period 2006-2010 were collated from annual reports of banks and the Nigeria Stock Exchange daily official list. The Ordinary Least ...