ABSTRACTThe non-cash transaction (Cashless) policy of the Central Bank of Nigeria (CBN) was designed to provide mobile payment services, break down the traditional barriers hindering financial inclusion of millions of Nigerians and bring low-cost, secure and convenient financial services to urban, semi-urban and rural areas across the country. It has, however, become an albatross to some elites, the poor, uneducated and traders. The non-cash transaction policy of the Central Bank of Nigeria ...
PROPOSAL In an ordinary parlance, deficit financing can be seen as a budgetary situation whereby the expenditure of the government exceeds its revenue, accumulated through tax. This budgetary system is undertaken by many developing countries of the world as a means of achieving some macro-economics objectives. In conventional settings, deficit financing is seen as a policy strategy which is mostly undertaken to address macro-economic quagmires like depression and low output. On the ot...
ABSTRACT Currently, economists seem to agree that high rates of inflation cause “problems,†not just for some individuals, but for aggregate economic performance. However, much less agreement exists about the precise relationship between inflation and economic performance, and the mechanism by which inflation affects economic activity. Motivated by these questions, this research first examines the relationship between inflation and economic performance in Nigeria by using da...
ABSTRACTThis study examined the impact of human capital development on the Economic Growth of Nigeria for the period of 1980 – 2015. The study adopted time series econometrics analysis and descriptive statistics to determine the impact of human capital development on Nigeria’s economic growth as well as the long-run relationship between human capital development and economic growth in Nigeria. For purposes of clarity, models were specified as (RGDP) dependent variable, (HCD) and (GFCF) as...
ABSTRACT This study contributed to the debate on the relationship between military expenditure and economic growth in less-developed economies by investigating the trend; causal relationship and the effect of military expenditure on economic growth in five selected sub-Sahara African Countries namely:- Angola, Cameroon, Kenya, Nigeria and South-Africa; for the period 1986 to 2014. The study employed the Error Correction Mechanism (ECM) using time se...
ABSTRACT: The research on welfare implication of determinants affecting aggregate consumption expenditure was conducted by taking Rwanda as an area of study, period 1995- 2015. The researcher’s main purpose was to evaluate the impact of gross domestic product, lending interest rate, inflation rate and exchange rate on consumption expenditure in economy. To achieve the desired objectives, the researcher analyzed how independent variables of the Gross consumption expenditure (GDP, Lending Int...
The study set out to investigate the effect of welding and fabrication business on the poverty status of welders in Makurdilocal government area. The study adopted a simple random sampling techniqueselect 60 respondents. Data was collected through a structured questionnaireand was analyzed in frequency tables and percentages and a logistic regressionmodel was used for test of hypothesis. The findings also shows that majority ofthe welders performed between 6 to 15 jobs monthly. The study also...
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 impact of unemployment...
CHAPTER ONE INTRODUCTION 1.1Background of the Study Following the fluctuation of the naira in 1986, a policy induced by the structural adjustment programme (SAP), the subject of exchange rate fluctuation has become a topical issue in Nigeria. This is because it is the goal of every economy to have a stable rate of exchange with its trading partners. In Nigeria, this goal was not reached in spite of the fact that the country embarked on devaluation to promote export and stabilize the rate of e...
ABSTRACT This study presents the impact of some selected non-oil export on the growth and development of Nigeria. Times series data gotten from Central Bank of Nigeria (CBN) statistical bulletin spanning between 1986 and 2013 were adopted.Gross Domestic Product (GDP) is used as proxies for growth and development of Nigeria, while non-oil export revenue (NONX) is used as proxies for non-oil export. Ordinary least square method (OLS) econometric technique through the application of E-views soft...
ABSTRACT This work provides empirical evidence on the effect pension reforms have on the Nigerian capital market. Using data spanning 2004-2014 and a five variable model, market capitalization was regressed on total pension assets, number of workers registered on pension scheme, GDP per capita, and turnover ratio. Total pension assets and number of workers registered on pension scheme were employed as proxies for pension reform. Results from the Ordinary Least Square (OLS) estimation as well ...
ABSTRACTThe fact that developing countries are highly dependent on external sources for growth and development, trade in this view is then recognized as a vital catalyst in their development process. The study examines the impact of foreign trade on economic growth in Nigeria between 1980-2010, by looking at the review of Nigeria’s trade policy. The main objectives of this study is to analyse the contributions of export and import trade to the Nigeria’s economic growth, by analyzing...
ABSTRACT this research work seek to evaluate unemployment and inflation in nigeria from 1986-2011. Undoubtedly, parts of the macroeconomic goals which the government strives to achieve are the maintenance of stable domestic price level and full-employment. Macroeconomic performance is judged by three broad measures- unemployment rate, inflation rate, and the growth rate of output, The problem of inflation in Nigeria was brought about by the oil glut in 1981, which resulted into balance of p...
ABSTRACT The research purpose is to evaluate economic impact of marketing communication mix on the Nigerian telecommunication industry” a study of mtn Nigeria in imo state Economic impact of marketing communication mix on telecommunication industry cannot be over emphasized. At the heart of management lies a fundamental requirement of being able to communicate. The way buyers respond to sales or the introduction of a ...
CHAPTER ONE1.0 INTRODUCTION1.1Background Of The Study 1.2Statement of the Problem 1.3Objectives of the Study 1.4Hypothesis Of The Study1.5Significance of the Study 1.6Scope of the Study CHAPTER TWO2.0 THEORETICAL FRAMEWORK2.1 Classical Theory Of International Trade 2.2. Conceptual framework 2.2.1 Meaning of Trade Barriers.2.2.2 Some Trade Barrier to Internal Trade 2.2.3 Barrier to International Trade2.2.4 Tools Used for Trade Protection 2.2.5 Argu...