Download Tag: NIGERIAN ECONOMY

ABSTRACT The resultant impact of financial liberalization opened up the Nigerian economy to global financial markets, which has generated increasing apprehension in the economy and has exposed the fragility and vulnerability of the financial system. It is therefore imperative for the central Bank of Nigeria to introduce measures that will reduce the exposure and enhance the stability of small business in the nation’s financial system. A defensive measure that will ...

Abstract What if the air transportation section, stagnant, almost every section of any given economy will not perform well as expected. The importance of air transportation in developing or advanced economics cannot be over emphasized. Air transport is one of the main sector that remains as the cornerstone of every nation for achieving growth and development as well as gaining political and economic independence. The study shows the relationship between ...

Abstract This study was on Covid-19 and inflationary effects in Nigerian economy, the following objectives were made: To determine the relationship between COVID19 and inflation in Nigeria, to determine the relationship between COVID19 and unemployment and to find solution to inflation caused by COVID 19. These results suggest that policymakers may consider intensifying the implementation of public policies in response to the pandemic for preserving the stability of prices when ...

CHAPTER ONE INTRODUCTION BACKGROUNG OF STUDY The impact of financial sector which comprises of the capital and money market in an economy cannot be over emphasized. It plays a very vital role in the general performance of the economy. It also basically serves as a lubricant that keeps the wheels of the economy turning, as well as affects the political and socio-cultural system of the country. The financial market can ...

ABSTRACT           The Nigerian banking industry remains one of the most regulated in the economy, as it is one sector of the economy that helps stimulate economic growth and development. The industry has remained at the cutting edge so as to be able to meet up with both local and foreign standards. As a result, the adoption of a more stringent reform in 2004, which is now referred to as ...

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The money market consists of structures for obtaining or mobilizing short-term funds or exchanging financial assets representing short-term claims. The market trades on various instruments which essentially have short-dated maturities, usually one year. This market is an important aspect of the financial market in any economy usually a well functioning financial market gives liquidity to financial assets, in addition to the mobilization of ...

ABSTRACT This study is motivated primarily by the need to enhance capital accumulation from the stock market, being the long term end of the financial system. This study is an investigation of the impact of Nigeria stock exchange performance on the economic growth of Nigeria. To accomplish these objectives, an econometric methodology was adopted as a tool for testing the stated hypothesis. The ordinary least square was chosen as the ...

CHAPTER ONE INTRODUCTION 1.1 PROBLEM IDENTIFICATION AND PURPOSE OF THE STUDY The burden of tax falls heaviest on those with smallest income earning (odoh, 2014). An accurate record of business transaction and income tax becomes difficult. Some tax collection and assessors are dishonest. There are cases of bribery and corruptions and also the cases of tax collections being prosecuted for misappropriations of funds collected from taxpayers. Sometimes tax collectors went into the ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY The construction sector occupies a focal position in the economy of any nation because it is an important contributor to the process of development (Aje, 2008). In the conduct of economic activities, the construction sector is always used by government as the stimulus for the buoyancy of the economy (Akindoyemi, 2011). The construction industry is therefore a critical factor or variable of progress ...

CHAPTER ONE INTRODUCTION 1.1    Background of Study Investment expenditure in economic analysis is both a component of aggregate demand and an injection into the circular flow of national income.   It is a crucial variable on the supply side of the economy as it is the means by which changes in the real capital stock are brought about, thereby adding to country’s productive capacity. Investment is spending devoted to increasing or maintaining ...

CHAPTER ONE 1.1   GENERAL INTRODUCTION One of the important objectives of macroeconomic policy in has been the rapid economic growth of an economy. Economic growth is defined as “the process whereby the real per capita income of a country over a long period of time.” Economic growth is measured by the increase in the amount of goods and services produced in a country. A growing economy produces more goods ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The growth and stabilization of the Nigerian economy has not been stable over the years as a result, the country’s economy has witnesses so many shocks and disturbances both internally and externally over the decades. Internally, the unstable investment and consumption patterns as well as the improper implementation of public policies, changes in future expectations and the accelerator are some of the ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY The Central Bank of Nigeria is responsible for implementing monetary policy, regulating and supervising banks, and operating the payments system. With these responsibilities come the authority to raise and lower national interest rates in the banking industry. Interest rate movements help balance inflation and keep the economy stable. When the economy slows and inflation is high, the CBN raises interest rates to ...

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND TO THE STUDY Primarily, a stock market is the place where companies can raise money to make their businesses bigger and better. Companies raise money by selling shares or stocks to investors. At the same time, the stock market gives investors an opportunity to invest in these companies and benefit from any profit they can make. A stock market can also be called a capital ...

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND TO THE STUDY Primarily, a stock market is the place where companies can raise money to make their businesses bigger and better. Companies raise money by selling shares or stocks to investors. At the same time, the stock market gives investors an opportunity to invest in these companies and benefit from any profit they can make. A stock market can also be called a capital ...

CHAPTER ONE INTRODUCTION 1.1     GENERAL BACKGROUND TO THE SUBJECT MATTER           Just like water and air are important to the living human being for daily duties and hitch-free survival, the importance of fuel to automobile cannot be over looked. A typical situation is in the case halts because of the fact that there is shortage of fuel. The importance of fuel in this our developing and technically inclined economy is fast ...

CHAPTER ONE 1.1   INTRODUCTION Privatization is a relatively new word not until about a decade ago, it made on prominent feature in the politics and economy of many countries. It is defined as the process of changing the ownership of government companies to private ownership through the sale of the shares of such companies to individual who will manage the companies efficiently and profitably. Originally privatization was a feature of developed ...

ABSTRACT The study investigated the impact of Nigerian Stock Exchange on economic development in Nigeria. The descriptive survey design was used in the study. The target population comprised employees in the employment of financial institutions in Lagos metropolis. A sample of 200 senior management employees was randomly selected from ten financial institutions in the metropolis.  A 20-item self-developed questionnaire with Likert scale was used in the study. Pearson product moment correlation ...

CHAPTER ONE INTRODUCTION 1.0  BACKGROUND OF STUDY Failure as a word means to be unsuccessful in attempts at achieving any the objectives or aspirations. Another variance to the inability, refusal fault or weakness which prevent the achievement of any set objectives or aspiration. Both of these draw attention to the operative world” unsuccessful inability refusal fault and weakness “therefore bank failure is the inability of a bank to meet its ...

ABSTRACT This study takes a critical evaluation at the measurement and determinants of poverty in the Nigerian economy. Poverty concerns individual’s inability to cater adequately for the basic needs of food, clothing and shelter. It reflects inability to meet social and economic obligations; lack of gainful employment, skills, assets and self-esteem. It is anchored on limited access to social and economic infrastructures such as education, health, potable water and sanitation, ...