Download Tag: NIGERIA

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY In Nigeria the central bank which is at the apex of the banking apples a variety of policy measure and technique with which to control and regulate money and credit in other to attain the desire for necessary to sue the package of discussing the efficiency or other wise of general economic management strategies. Government policy statement clearly revered that inflation become a ...

CHAPTER ONE 1.1 INTRODUCTION Monetary polices in Nigeria and the United Kingdom, the central bank of Nigeria and the bank of England act as advisers to the government over monetary polices. The authorities take the final decision on the matters. In Germany, the contrast in the case because the German central, the bunds bank of Germany has a constitutional independency in setting the monetary polices. The central bank of Nigeria ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Unemployment is an issue that has generated debates from every nook and cranny of the world. Its impact was more, felt during the industrial revolution when the dimension of man power absorption changed towards the consideration of skill as a fundamental pre-requisite. However, over the years, government around the world have been concerned with how the unemployment question could be answered – ...

CHAPTER ONE INTRODUCTION 1.1   STATEMENT OF PROBLEM / OBJECTIVE OF STUDY The commercial banks provides their numerous customer across the county with the full range of commercial money market banking products (service) but not related to currents savings and deposit accounts. Loans and overdrafts provision of international money market banking services, export credits and financial  advisory services, farmer loan scheme, time deposit current account, statement savings scheme, house saving an loan ...

CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY Revenue allocation in a federal community like Nigeria, may be describe as an attempt by the central  government to reduce the inequalities among its different units, as regard to the financial  resources available in the country. Within the economy, there are several possible inequalities such as population, size, wealth, level of development etc. All these factors should be put into consideration to ensure rational allocation ...

CHAPTER ONE 1.0  INTRODUCTION The banking act of 1960 defined banking as business. The business of receiving monies from outside sources as deposits, irrespective of the payment of interest, and the granting of money loans and acceptance of credits or the purchase of bills and cheque and sales of securities for accounts of others. Bank may define as any person or corporation, that provides the minimum banking services and which is ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY Banking business started as far back as the seventeenth century. When the receipts issued by Goldsmiths to depositors were used as a means of exchange in commercial transaction. Because these receipts were accepted generally, they became transferable too. A bank is an institution where money and valuables are kept for safety purposes. Bank also lend money known as loan, pay out money ...

CHAPTER ONE INTRODUCTION 1.1   STATEMENT OF PROBLEM / OBJECTIVE OF STUDY The commercial banks provides their numerous customer across the county with the full range of commercial money market banking products (service) but not related to currents savings and deposit accounts. Loans and overdrafts provision of international money market banking services, export credits and financial  advisory services, farmer loan scheme, time deposit current account, statement savings scheme, house saving an loan ...

CHAPTER ONE INTRODUCTION Government, established bank for development purpose and the role played by banking industry in an economic development cannot be over emphasized Some banks are owned by government for example first bank of Nigeria union bank etc.some by the combination of government and individuals. However, banks in Nigeria and the other countries of the world are established to carry out the following functions. 1, To safeguard money and ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY In Nigeria, there are manufacturing firms that manage to manufacture on small-scale basis.  The manufacturing enterprises make such local consumable as garri pomade, detergents, sachet water, foot wears, garment, corn flour, cassava flour, and pastries including bread, cake, meat pie, fish roll, toast etc other relevant manufactured products include furniture items cement blocks and so on.  It has however been observed that the quantity ...

The Problems and Prospects of Small Scale Industries in Nigeria Economy This chapter examines relent literature and theory on the problems of financing small scale industries in Nigeria economy.Infact much work has been done on related dreams of this research work. Small-scale industries development has assumed a lending role in the rapid industrialization and development of different countries of the world. As a result of this lending role and importance ...

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY Banking started in Nigeria a of 1892 when the first commercial bank was introduced in the  country.  With the help of SAP, that is structural Adjustment programme and deregulation more commercial banks came to existence. Commercial banks has contributed immensely to privatization in our economy.  The word privatization refers to point of changing ownership   of government firms and parastetals into the hand of individuals some of the ...

CHAPTER ONE 1.0 INTRODUCTION  1.1 BACKGROUND TO THE STUDY Nigeria and indeed all developing nation are in dare need of any instrument of help to wriggle out of the quagmire of under development. The various concerns of respective regimes in these countries and primarily on the food, shelter, clothing and other essential needs that make life meaningful. These needs range from the lower centre of the three base food, shelter ...

CHAPTER ONE INTRODUCTION BACKGROUND TO STUDY When God created man, the lest man with divine injection as recorded in the holy file. Be fruitful and multiply and replenish the earth and subduing the word as a mega society and the rural areas as a micro society of the overall good of man economically, politically and socially and other. The British Government has declared a protectorate over areas claimed by the ...

ABSTRACT This research work was designed to determine the role of small and medium enterprise in the development of Nigeria economy. Some selected enterprises were used as a case study and questionnaires were administered in order to extract information on this project. The objectives of the study include to identify the roles of small and medium enterprises in the development of the Nigeria economy and to evaluate the problems the ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Abortion is the ending of pregnancy by removing a fetus or embryo before it can survive outside the uterus. An abortion which occurs spontaneously is also known as a miscarriage. An abortion may be caused purposely and is then called an induced abortion, or less frequently, "induced miscarriage". The word abortion is often used to mean only induced abortions. When allowed by ...

CHAPTER ONE INTRODUCTION Twenty five years is rather short in the history of an industry. In advance country of the world particularly united kingdom where the history of banking industry date have couple of strike taking. Merchant banks (Acceptance houses as they are best known in the U.K. and investment bank as they are known in America) are today common and prominent features of most economics of the world. These ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY Small and Medium Enterprises (SMEs) play a vital role in the development of national economy. Due to their importance and the crucial role they play in economic development and growth of the nation, much attention has been placed on financing of small and medium enterprises, since they are major contributors to the economy of Nigeria. These enterprises are drivers of the economy; ...

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY One of the prerequisites for the development of national economy according to Ajayi et al, 2006 is by encouraging a payment system that is secured, convenient, and affordable. The world today is moving away from paper payment system to electronic means, especially payment cards (Humphrey, 2014). In most countries, for instance, it is possible to pay for a snack through vending machine ...

ABSTRACT This stud sought to examine the due process compliance by the federal and state inspectorate of education in the North Central Zone of Nigeria. Five research questions and five null hypothesis (tested at p<05) guided the study. The design of the study was a descriptive survey. The sample was made up of 306 respondents comprising 116 inspectors of education and 190 school heads from the North Central Zone of ...