ABSTRACTS This work is undertaken in response to the vexed question of mismanagement improper harnessing of revenue and ineffective control and accountability of local government finance in Nigeria. no doubt there has been a trend of mismanagement of the council revenues. This situation dove fails to the last millennium and has adversely affected grassroot development. It calls for a reversal of the friend for proper generation of revenues, for proper accountability of funds available to th...
INTRODUCTION BACKGROUND OF THE STUDY The actual study for establishment of a common currency for west African state (ECOWAS) and drafting of a programme of monetary and fiscal polices of members states was between 1985 and 1986 period (Arah, 2001: 29). In response to the study, the sub-region monetary co-operation programme involving short and long term measures were seen to be economic flight (Ogwuma 1998:3). The highest level of economic integration is the monetary union, which involves...
INTRODUCTION One of the major objectives of most business organisation is profitability. However, in financial management, it is generally believed that liquidity is more important than profitability. One of the reasons for this is that most organisations make profits, but do not possess enough or adequate liquid asset to off-set current obligations. Inability to make payment as t when due may definitely have serious consequences on the organisation. This situation may give rise to a loss o...
ABSTRACT Universal banking has been of controversial issue among practitioners and regulation of financial sub-sector of Nigeria economy. However most of these decisions have been flamed by lack of common understanding of what universal banking is and what its implication might be for the country’s financial and economic well being. The research attempt to redress that situation by presenting a well accepted understanding of the system. Secondly, discussing its applicability or lack...
ABSTRACT This study on the role of Central Bank in stabilizing a depressed economy was designed with the objectives of ascertaining if the Central Bank of Nigeria is achieving involved in the stabilization of Nigeria economy, to determine if Central bank of Nigeria has control measures over the management of money market and capital market to identify the role of central bank of Nigeria in the formation and implementation of the country and to recommend appropriate measures for improved qua...
ABSTRACT The development of accounting systems and the computerization of these systems in a small scale business environment is the main theme of this study. The researcher examined the issues involved by understanding the computerized accounting system of model computers company, Warri. Based on the analysis of data for this study it was discovered that an effective and efficient operating environment is function of a good accounting system other things being equal. Similarity it was di...
ABSTRACT The trust of this paper is the evaluation of the I.M.F loan policy on developing nations with Nigeria as a case study The paper begins by giving a brief stored perspective of fund. The structure, it’s operating procedure and its lending policies. The study also tries to know why the implementation of funds loan usually goes with adverse effect on the economy of the developing nations. It further tries to know whether the western countries are using the fund as an instrument for con...
ABSTRACT Effort is made to access the effect of formal accounting reporting on the management of a business financial accounting covers those activities related to the preparation of certain reports which are known as financial statements. These statement report the financial status of a firm at a particular time. The firms activities and resulting profit/losses during the most recent period and the flow of resources occurring within the firm during the same period. I draw my research from ...
ABSTRACT The Role of Central Bank of Nigeria in Agricultural Finance Development, Problems and Prospects The topic provide for conceptual frame work of the role played by the CBN in the development of Agricultural sector of the Nigeria economy as its primary purpose. Its secondary purpose is to assess the policies and program of CBN to the development of Agricultural Finance. Data was collected from both primary and secondary sources. In the primary source I interviewed some farmers, official...
ABSTRACT Banks are established to make profits. Are these profits made at me expense of the customers or is it as a result of the seminar provided by these banks. This study attempts to highlight those key factors that different banks managements will consider in their choice of branch locations and customers preferences for their choice of banks to serve them. This will enable banks to focus on the critical factor that affect market preferences. The study was done using survey research desig...
INTRODUCTION 1.1 BACKGROUND OF THE STUDY In the Nigerian Banking system considering the last decade the Commercial Banking to be precise had under gone a rapid expansion both in terms of the number of Institution and the scope of Financial services rendered. As bank licensing was liberalized so was the seed of instability sown in these banking system at the same time. As these expansion trend continuous, a sign of lacked vision among the investors and the directors motive of quick ret...
ABSTRACT This research project titled “Co-operative Thrift and Loan Society of Federal Ministry of Industry and Technology, Owerri, Imo state. The study was motivated by the necessity of requirement for the award of Higher National Diploma in Co-operative Economics and Management of Institute of Management and Technology (IMT), Enugu. It aimed at identifying the causes of the study of co-operative thrift and loan society in Owerri, Imo State. To solve the research problems both primary ...
INTRODUCTION 1.1BACKGROUND OF THE STUDY The term communication is as old as man himself. It is believed that as soon as a child is born into the world, he starts communicating by crying (Amadihe Ezugu: 1999, P.Z). it is a word, that so many people give different meaning to depending on how one looks at it. Meaning can include the equipment used in passing of information like telegram, telephone, television, radio etc. Communication is the process of transmitting and receiving of information. ...
INTRODUCTION 1.1BACKGROUND Just like water and air is important to the living human being for daily duties and a hitch-free survival, the importance of fuel to automobile cannot be over looked. A typical situation is in he 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 like the mixture of oil and salt as far as the economy forget growth as one of its goals. Fuel is used in a variety of ac...
INTRODUCTION DEFINITION OF INFLATION AND UNEMPLOYMENT ON THE ECONOMY According to Mr. C.C. S. Okeke an economist “Inflation is a continuous rise in prices of goods and services”. That is a situation of persistent increase in price of commodities without a proportionate increase in the supply of the commodities. When the expansion in the supply of money is greater than the expansion in the supply of commodities, the effects is inflationary. The implication of the inflationary period is the...