INTRODUCTION Various classifications have been made on Foreign Direct Investment (FDI). For instance, FDI has been described as investment made so as to acquire a lasting management interest (for example, 10 percent of voting stock) and at least 10 percent of equity shares in an enterprise operating in another country other than that of the investor’s country (Mwillima, 2003). Policy makers believe that FDI produces positive effects on host economies. Some of these benefits are in the ...
ABSTRACT The objective of the study is to examine empirically the impact of financial intermediation on the real sector of the Nigerian economy with the aim of determining the impact of financial intermediation on the real sector growth. Both theoretical and econometric analysis are used in this study to examine the impact of financial intermediation on the real sector growth; using real GDP growth rate as the dependent variable and credits to private sector (CPS), average manufacturing capac...
ABSTRACT The study examines the effect of customer satisfaction strategy on customer retention in First Bank. Out of the total population of 138, 70 persons were selected as the sample size. To determine the sample size the simple random sampling technique was used. Questionnaire design by the researcher in five likert scale constitute the research instrument. The mean scores was used to analyze data. The analysis indicates that First bank Nigerian plc customer retention program are design ...
ABSTRACT This study examined the corporate governance and its impact on the management of MTN Mobile Communication Nigeria Limited Kaduna main branch. Research questions guided the study. A survey method was used for this study. The population consisted of all the entire telecommunication industry in Nigeria out of which MTN Mobile Communication Plc Kaduna with a total population of twenty five (25) persons was selected as the sample size of the study. A questionnaire developed by the researc...
ABSTRACT The study assessed the Problem of Petroleum Product Distribution in Nigeria. As such, the research questions that guided this study are: What are the constraints militating against Nigeria’s state owned refineries and petrochemical plants as well as affiliated regulatory agencies in Petroleum product distribution? What are the problems associated with the distribution of petroleum product in the downstream sector? 120 respondents were selected using the random sampling techniq...
ABSTRACT The purpose of this project is to evaluation of the performance of the Nigerian stock exchange (NSE) in Nigeria and to the over all financial development of the economy. It would be noted that the success of an industry of firm depends largely on the capital recourses available to the industry and this will also be reflected in the development of the economy. It has been noted that with the cost importance of the capital market a lot has been achieved by the nation. It can be noted t...
INTRODUCTION The history of production management is very similar to that of general management. It dates as far back as ancient times when man first organized to hunt and later farm, trade and build. The Egyptians for example, must have practiced some form of activity co-ordination in the construction of their famous pyramids. The project must have had managers who had to contend with such operations management questions as the job design. There are some indications in the early Greek civi...
ABSTRACT When the economic fortune of the organization of petroleum exporting countries (OPEC) nations suffered a tragic experience due to the sudden fall of the oil price in the eighties and nineties, the economy system of its members became a source of concerned as the survival of their organs was greatly threaten. Due to the sudden fall of the oil prices, several developing nations, therefore, evolved strategies that will pull them out of the economic being one of the country affected wa...
ABSTRACT This research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade openness and output growth in Nigeria. Using time-series data over the period 1970-2007, we show that output growth of the Nigeria economy is a function of two sets of shocks; (i) external shocks (openness and real exchange rate) and (ii) internal shocks (real interest rate and unemployment rate). A non-monotonic and an ANCOVA economet...
ABSTRACTVarious studies have reflected the relationship between the increase of money supply and the level of inflation. Generally, this is reflected by the continued rise of prices of the various products. A situation ensues where excess amounts of money tend to be chasing too few goods. In this perspective, this study tested on whether monetary policy is an effective tool in the combating of inflation. The data utilized was derived from Nigeria’s economic situations over a range of years....
TABLE OF CONTENTS CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY 1.2 STATEMENT OF PROBLEM 1.3 OBJECTIVES OF THE STUDY 1.4 RESEARCH QUESTIONS 1.5 SIGNIFICANCE OF THE STUDY 1.6 SCOPE AND LIMITATION OF THE STUDY 1.7 HISTORICAL BACKGROUND OF NIGERIAN BANKS 1.8 DEFINITION OF TERMS REFERENCES CHAPTER TWO 2.0 LITERATURE REVIEW 2.1 THEORETICAL FRAMEWORK: 2.1.1 Linking Banking and Economic Development 2.2 HISTORY OF NIGERIAN BAN...
ABSTRACT It could be affirmative said that the index for measuring any growing economy’s technological advancement is the extent to which its industries both the large and small scale has been growing over time. It’s a fact that none of these industries can grow without the required financial assistance from financial institution. Industrialist had in recent times subscribed to discriminate behavior of the Nigeria commercial banks towards granting of finance as one of the reaso...
TABLE OF CONTENTS CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF STUDY 1.2 STATEMENT OF THE PROBLEM 1.3 OBJECTIVES OF THE STUDY 1.4 STATEMENT OF THE HYPOTHESIS 1.5 SIGNIFICANCE OF THE STUDY 1.6 LIMITATION OF THE STUDY CHAPTER TWO LITERATURE REVIEW 2.0 THEORITICAL LITERATURE 2.1 HISTORICAL BACKGROUND 2.2 COMMERCIAL BANKING IN NIGERIA 2.3 EMPIRICAL LITERATURE CHAPTER THREE 3.1 RESEARCH METHODOLOGY 3.2 MODEL SPECIFICATION 3.3 ESTIMATION PROCEDURE 3.4 TECHNIQUES FOR EVALUATI...
ABSTRACT The study is made up of two independent models, Gross Domestic Product (GDP) and Investment respectively. The independent variables Oil export, Non-oil export, Real exchange rate and Inflation rate were modeled to capture their effect on GDP and Investment respectively. The study employed Log Linear Model. Following the empirical findings in this study, we observed that, Non-oil export have not contributed a lot to economic growth in Nigeria but other indicators exert enough pressur...
ABSTRACT The main purpose of this research work is to investigate the problem of government budget implementation in developing countries using Nigeria as a case study. (1986-2006). To analyse this, an econometric method of multiple regression model was adopted, data were collected through the secondary source based on the hypothesis formulated for this study. From the result of the work, i found that anticipated impact of government budget implementation were raising the standard of living,...