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INTRODUCTION There is no doubt to the fact that technology has come a long way developing and modification to suit the period. Banking industries are one of the sectors in the Nigerian Financial market that have benefitted tremendously from technology application, and it also made banking operations so much easier, faster and more reliable facilities. Through technology is expensive, the cost element are only at the beginning that is during ...

BACKGROUND TO THE STUDY In our economy today we are privileged to make use of the advanced world countries’ products having risen from improved or advanced technologies of the world. We even eat their type of food, wear their type of cloth, drive in their kind of cars etc. without having to do all these in their country. Also we enjoy the best of products from neighboring countries without having ...

ABSTRACT This study was embarked upon with a view to determining the impact of interest rate on other selected macroeconomic variables in Nigeria. Data were sourced from CBN Abuja and NBS. Data were analyzed using the ordinary least square regression (OLS). Results indicate that: Interest rate is inversely related investment and also negatively related with GDP. On the basis of the above stated findings some policy recommendations were made.(1)Government should ...

Abstract This study examined and analyzed the impact of human capital development on economic growth in Nigeria, using time series data of 32 years spanning 1980 to 2012, data utilized for the study were extracted from secondary sources i.e. journals and publications, CBN and NBS. The Ordinary Least Square Regression technique was used to estimate the parameters of the model. Empirical results show that human capital development, in line with ...

CHAPTER ONE INTRODUCTION 1.1 Background Of The Study The Nigeria labour market in recent years has experienced problems such as strikes, unemployment and reduction in productivity. Labour conflict is a phenomenon that most often takes the form of strikes or, as in the public sector in the united states the arbitration procedures. In the United states arbitration is frequently used in the public sector when strikes are forbidden. The arbitrators ...

ABSTRACT This research work is on the impact of The Nigerian Securities Exchange Market and the Nigerian Economy. The main objective of this study is to empirically examine the impact of Nigerian Securities Exchange Market and the Nigerian Economy: A Test of the Adaptive Expectation Hypothesis. This research work made use of secondary data which were obtained from the Central bank of Nigeria Statistical Bulletin (2015). The data were collected for a period ...

ABSTRACT The study examined the impact of monetary policy in stabilizing the Nigeria economy. In the model specified inflation is the regress while cash research requirement, liquidity ratio, money supply, minimum rediscount rate, interest rate are the regressors. The government employs a deliberate manipulation of cost and availability of credit and money to achieve this economic objective. The CBN being the sole regulatory body combines measures designed to regulate the ...

ABSTRACT The study examined the impact of money supply on economic growth in Nigeria. In the model specified, real gross domestic product (real GDP) is the regress while broad money supply, real exchange rate, and real interest rate are the regressors. Data was collected from CBN statistical Bulletin for the period 1981 – 2010. The statistical techniques used for the analysis is the ordinary least square techniques with the aid ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY The financial system of any financial company provide the catalyst through financial intermediation for productive activities to ensure economic growth and development Olowo (2008). The Nigerian financial sector is undoubtedly the most important in the political economic system because it provides the necessary lubricant that keeps the wheel of the economy turning and it is an engine for economic growth. The sector ...

ABSTRACT This research work is on the impact of small and medium scale enterprises on economic growth in Nigeria. The main objective of this study is to empirically examine the impact of small and medium scale enterprises on economic growth in Nigeria. This research work made use of secondary data which were obtained from the Central bank of Nigeria Statistical Bulletin (2012). The data were collected for a period of thirty one years ...

CHAPTER ONE INTRODUCTION 1.1 Background Of The Study The transportation system in Nigeria is being seen as the means towards attainment of growth and development of the Nigeria economy. To attain such growth, an efficient function forms has to be laid. In every aspect of man’s activities, transportation has come to play a vital role, which ranks it among the most important determinants of any success in such human activities. ...

ABSTRACT This study was carried out on unemployment and security challenges in Africa. Nigeria as a country gained her independence on October 1st 1960 and after a temporary civilian government and a long reign of military power, which experienced a series of coup d’état it was restored to a democratic federation in 1999. A country with a population of over 168 million and rich in both human and natural resources ...

ABSTRACT The term unemployment can be defined as an economics condition marked by the fact that individual actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economics conditions and other circumstances. This is mostly seen in graduate of various institutions of learning especially in under developed nations like Nigeria. The study was designed to investigate the ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY The concept of poverty and material deprivation is a critical one in contemporary social discussions. Social Sciences’ literature is replete with attempt by Economists and other Social Scientists to conceptualize the phenomenon. Poverty has economic, social and political ramifications. The poor are materially deprived, socially alienated and politically excommunicated. Basically, Poverty has been conceptualized in the following ways:  a. Lack of access to ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Inflation is an inevitable property of any economy in the world. It influences every country, negatively as well as positively, whether it is developed or developing country as well. Anyanwu (2011) stated that inflation is an important factor leading to social and economic instability and disorder. It is one of the most largely observed and tested economic variables both theoretically and empirically. ...

ABSTRACT This research work tries to investigate the role of microfinance bank on agricultural development in Nigeria using Nigeria as a case study. Using ordinary least square method, data collected were secondary data and the durbin-watson t-statistics were used in the regression analysis. The study shows that Microfinance bank loans have a positive impact on agricultural development in Nigeria. Based on these findings some recommendations were made, interest rate should ...

ABSTRACT This study attempts to investigate the Role of the Stock Market in the Growth of the Nigerian Economy spanning through 1980 – 2010. The broad objective of this work is to ascertain the role of the stock market in output growth in Nigeria using Market Capitalization as a proxy for the stock market taking cognizance of some intervening variables. This was evaluated using OLS Method. It was observed that ...

Abstract The research examines the impact of corruption in oil and gas industry as implication for economic growth. survey research method was adopted for this study. The finding of the study is that the level of corruption in Nigeria has significant impact on economy growth. The implication of this finding is that economy cannot grow fast without zero tolerance in corruption. The study concluded that despite efforts of ICPC and ...

CHAPTER ONE INTRODUCTION 1.1  Background of the Study Globalization, the increasing integration among nations has accelerated over the past half a century, driven largely by the remarkable expansion in international trade and extra ordinary advances in information and communication technologies (Ojeka, 2004). Globalization is not a simple phenomenon neither is it a uniform process rather, it is a process that is complex and multifaceted. The process has undoubtedly led to ...

CHAPTER ONE 1.1 BACKGROUND OF THE STUDY By the time Nigeria became politically independent in October 1960,agriculture was the dominant sector of the economy, contributing about 70% of the Gross Domestic Product (GDP) employing about the same percentage of working population and accounting for about 90% of foreign exchange earnings and the federal government revenue (CBN, 2005). The early period of post-independence up until the mid-1970’s saw a rapid growth ...