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CHAPTER ONE Introduction Background of the Study Exchange rate is the price of one country’s currency expressed in terms of some other currency. It determines the relative prices of domestic and foreign goods, as well as the strength of external sector participation in the international trade. Exchange rate regime and interest rate remain important issues of discourse in the International finance as well as in developing nations, with more economies ...

CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF STUDY Cash management is essential to every business that desires to meet up with its short-term financial obligations. Akinsulire (2003) asserts that the success of any business venture is predicated on how the management has planned and controlled its cash flows. According to Olowe (2008), cash management is concerned with the efficient management of cash so as to achieve an optimum level of ...

CHAPTER ONE INTRODUCTION 1.1      Background of the study Human capital development is human centered because its major concern is on human empowerment which would lead to active participation. According to OECD (2001), human capital is concerned with knowledge, skills competitiveness and attributes embedded in an individual that facilitates the creation of personal, social, education and economic wellbeing. In order to achieve positive economic growth in Nigeria, human capital development should be ...

CHAPTER ONE INTRODUCTION 1.1      Background of the study Most of the world renowned companies and organizations started as a small scale business with skills and efforts they grew up to the conglomerated and multinational companies of today. Small scale business occupies a unique position in the economy of any nature and they are the bedrock of any economic development. They constitute of the cornerstone of any competitive economy and by far ...

ABSTRACT This research examined the impact of commercial bank credit for agricultural production in Nigeria using macroeconomic variables (of commercial bank credit and agricultural products). The overall objective of the study is to examine to what extent the credits of commercial banks had supported agricultural production Nigeria. The specific objectives are: (i) to determine the impact of trade credit banks on agricultural production in Nigeria, and (i) to determine the ...

ABSTRACT This study aims to analyze through the econometric methodology of the effects of monetary policy in the Nigerian economy. To achieve the above objective, the growth in production was chosen as the dependent variable, while the real exchange rate, real interest rates and inflation has been chosen as the independent variable. The ordinary least square was used in the regression estimate. According to the empirical results, we realized that ...

CHAPTER ONE Manufacturing is the ability to produce goods with labor, materials and inputs produced by others. Simple forms of production have characterized all organized societies, but the application of steam power for production in Britain in the late eighteenth and nineteenth centuries significantly increased production capacity, and since first industrial revolution, economic progress has in many peoples minds was associated with the ability to produce and trade in manufactured ...

CHAPTER ONE 1.0 BACKGROUND OF STUDY Prolonged economic recession caused by the collapse of world oil market from the early 1980s and the concomitant fall in foreign exchange earnings have affected the growth and economic development in Nigeria. Other problems of the economy include excessive dependence on imports for consumer and capital goods, dysfunctional social and economic infrastructure, unprecedented drop in capacity utilization rates in the industry and neglect of ...

CHAPTER ONE 1.1 BACKGROUND OF STUDY The stock market is supposed to play an important role in the economy in that it mobilizes domestic resources and channeling them towards productive investments. However, to fulfill this role, it must have a significant relationship with the economy. The stock market development in Nigeria, as in other developing countries has been driven by the government. Long before the creation of the stock market ...

ABSTRACT The purpose of this paper is to empirically investigate the effect which capital structure choice has on performance of petroleum companies in Nigeria as one of the energy or transition economies. I investigated the relationship between return on equity (ROE), return on assets (ROA), and the earnings per share (EPS) and the capital structure for a sample of 4 petroleum companies from the Nigeria Stock Exchange from 2003 to ...

CHAPTER ONE     INTRODUCTION   Background to the study A realization in today’s economy world is that government cannot single-handedly ensure the development of a country. Development is seen as a direct function of the various function in the economy particularly private sector, international community and other micro and macro constituents. Noticeable in today’s economy are the activities of small and medium scale enterprises which are described as the fourth realm ...

CHAPTER ONE  INTRODUCTION 1.1    BACKGROUND OF STUDY This study of human capital development is very important issue in every organization which focuses on growth, viability and survival of any organization. Whether private or public, manufacturing or non-manufacturing is effective acquisition, utilization and maintenance of the organization’s human resources. The human resource is so critical to organization survival such that it has judging by today’s complex business environment, been acclaimed as ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY Hashimu and Ango (2012) opined While CSR as a concept and its practice in the West was developed as early as in the 1950s, the concept of CSR is a relatively new phenomenon in Nigeria (Uadiale & Fagbemi, 2012; Helg, 2007). Formalized CSR in Nigeria can be traced back to the CSR practices in the oil and gas multinationals. The CSR activities ...

ABSTRACT Many economists developed and developing have come to realize the value of small scale industries, they are seen to be characterized by Dynamism Witty innovation, efficiency and their small size allows faster decision making process. This study seeks to find out the effect of small industries on Nigerian economy, the specific objectives are to ascertain the relationship between the product of small scale industries and the Gross Domestic Product ...

CHAPTER ONE 1.1 BACKGROUND OF STUDY ... 1.2 STATEMENT OF PROBLEM One of the functions of the Central Securities Clearing System is certificate dematerialization but most investors are not aware of the operations of the CSCS nor of the facility as they prefer to keep the paper certificate. From January 1, 2009, investors shares were being lodged directly online with the CSCS. Prior to this new directive, the following problems ...

CHAPTER ONE 1.1     OVERVIEW One of the major functions of any government especially developing countries such as Nigeria is the provision of infrastructural services and social amenities such as hospitals, schools, good roads, electricity, pipe borne water, security of life and properties and to also ensure a rise in the per capital income, the Gross Domestic Product (GDP) and poverty alleviation to mention a few as stated by Soyode and ...

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, regional inequalities and rural- urban migration, slow growth rate, inefficiency of public inequalities, low qualities of social ...

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF STUDY Small and medium enterprises in Nigeria can be defined according to asset base and number of staff employed. The criteria are an asset base between N5 million and N500 million, and a staff strength between 20 and 300 employees. The development of Small and Medium Enterprises (SMEs) via effective financing options have stem debate and growing interest among researchers, policy makers and entrepreneurs, ...

CHAPTER ONE 1.0     INTRODUCTION         1.1   BACKGROUND OF THE STUDY The federal government in 1991 set up a study group to look into and give recommendation of the administration and reform of indirect taxation. This was as a result of the inadequate revenue yield from non-oil taxes in Nigeria and the overdependence of the government on oil revenue. This group was to review the indirect taxation system in Nigeria, study the ...

ABSTRACT Many economists developed and developing have come to realize the value of small scale industries, they are seen to be characterized by Dynamism Witty innovation, efficiency and their small size allows faster decision making process. This study seeks to find out the effect of small industries on Nigerian economy, the specific objectives are to ascertain the relationship between the product of small scale industries and the Gross Domestic Product ...