ABSTRACT The main purpose of this study is to identify the problems and prospects of small and medium enterprise in Enugu East Senatorial Zone. To do this, data were collected from both primary and secondary sources. The main instrument of data collection was the questionnaire.The data were presented in tables as frequency, distribution in the data analysis, the techniques of percentages frequencies were used. The hypothesis were tested with z-test technique at 5% significance level. Having...
This paper presents a new model for pricing OTC derivatives subject to collateralization. It allows for collateral posting adhering to bankruptcy laws. As such, the model can back out the market price of a collateralized contract. This framework is very useful for valuing outstanding derivatives. Using a unique dataset, we find empirical evidence that credit risk alone is not overly important in determining credit-related spreads. Only accounting for both collateral arrangement and credit ris...
The Geographical location of Afghanistan and its role in the development of the region was approved by Afghanistan ministry of foreign affairs Diploamcy institute this paper provided important information about the geographical location of Afghanistan and its role in the development of the region. by Habibullah Azizi Expert in Aid Management directorate at the Ministry of finance
Loan defaults continue to be a major challenge that confronts financial institutions in developing countries and this impedes their potential role in sustainable development. Given the enormity of loan defaults, policymakers have devoted much attention to the phenomenon by implementing strategies and policies aimed at improving loan repayment to avert the situation. To complement the effort of policymakers, several empirical studies have also been conducted regarding loan repayment determinan...
ABSTRACT The study examined an empirical investigation of the impact of investment in human capital on economic growth in Nigeria, using time series data from 1980-2014. This paper employs descriptive analysis, trend analysis, causality tests, and the ordinary least square technique. Empirical findings however indicate that there exists a negative relationship between government expenditure on education and economic growth, but there exists a positive relationship between health expendi...
INTRODUCTION 1.1 Background of the studyAgriculture is the foundation and bedrock upon which the development of stable humancommunity has depended on throughout the whole universe such as rural and urbancommunities. It is concerned with the husbandry of crops and animals for food and otherpurpose. The study of the history of economics provides us ...
Abstract The paper examines the linkages between gender of household heads, education and household poverty in South East region of Nigeria between 2001 and 2017. Data analyzed were obtained from four national consumer expenditure surveys conducted in Nigeria in 2001, 2006, 2011 and 2017 by the Federal Office of Statistics. Adjustments were made for price differentials over time and across regions of the country. However, only aggregated data for households were available. Per capita exp...
A novel coronavirus (COVID-19) was identified in 2019 in Wuhan, China. This is a new coronavirus that has not been previously identified in humans. Corona virus disease, is an infectious disease that is caused by severe acute respiratory syndrome coronavirus. The COVID-19 outbreak has since spread to about 196 countries and territories in every continent. As the effects of Covid -19 are felt around the world the Real estate is being impacted in many different ways, depending on the region and...
Coronavirus was first discovered in December 2019 in Wuhan China as a Pneumonia of unknown cause. The virus spread very fast, with a number of cases and deaths in quite a short time. In January 30th 2020, the World Health Organization deemed it fit to declare the virus as a public health emergency hazard. It was named COVID-19 in February 2020. Coronavirus COVID-19 are a large family of viruses that can cause illness ranging from cold, sore throat, fever, headache etc. The viruses are zoonot...
The goal of this research is to examine the impact of oil price on inflation rates in South Africa and Nigeria- thereby comparing inflation nexus between oil rich and non-oil rich African nations. To accomplish this task the authors have utilized yearly oil price and inflation data from the period of 1987 – 2016 (source: World Bank), thus providing 30 data observations. An ARDL modeling approach has been deemed most appropriate in this analysis due to limited sample data. Our result reveale...
The discovery of large gas fields off the coasts of Israel, Cyprus and Egypt could have significant implications, not merely in addressing the countries 'energy needs, but also for geopolitical relations in the region and with Europe. Such results have already played a major role in the reconciliation agreement and established a new context in which talks can be restarted.
Abstract Changes in comparative advantage should reflect changes in factor endowment, but increasingly, changes in trade policies also affect a region’s trade performance. Based on the arguments in Balassa’s stages of comparative advantage thesis, this paper looks at the comparative cost advantage empirical evidence from Asia. Although the RCA measurement may not distinguish between the factor endowments effects from the trade policy effect, i argue that RCA measures provide indication ...
Studies have proven that volatilities in the rates of exchange and interest influence the performance of institutions and the values of their shares. This study investigates empirically the effect of exchange rate and interest rate volatilities on stock prices of f inancial institutions listed on the Ghana Stock Exchange using monthly data spanning the period January 2000 to October 2016. The generalized autoregressive conditional heteroskedastic (GARCH) model is employed for the analysis. Th...
Artificial intelligence (AI) is a relatively new threat to traditional labour market as it is known today. This paper examines the effect of Artificial intelligence use by firms on the Nigerian labour Market. The study obtains data from Workers from across Nigeria as sample, the survey was carried out using Google forms which removed transportation cost to different part of the Nation gathering 140 respondents. The study applied both quantitative analyses by tabular analysis and qualitative a...
Abstract This study test for the validity of Milton Friedman’s Quantity Theory of Money, using Nigeria Data. Variables tested against real money demand for Nigeria were real income, bonds, equities, stocks, wealth, and inflation rate. The study used annual time-series spanning 47 years, a sample period from 1970- 2016. Methodically, this study models a standard money demand function and employed the use of ADF - Fisher Chi-square and Phillips-Perron test statistic to test for the unit root,...