ABSTRACT This study is aimed at finding out the determinants of savings in a deregulated economy. The Nigerian experience (1980-2010). The following hypothesis was formulated to guide the study. Ho: Interest rate has no significant impact on national savings in deregulated economy of Nigeria. Ho: inflation rate has no significant impact on national savings in deregulated economy of Nigeria. Ho: Exchange rate has no significant impact on national savings in deregulated economy of Nigeria. ...
ABSTRACT The inter-relationship between Returns on investment, asset size and manpower development of food-based entrepreneurial industries in Abia state is the most common profitability ratio calculating pattern for determining economic impact of manufacturing or productive industries to the national economy. Though there may exist other several ways of determining this, but the most frequently used method is to divide net profit of the industries or companies under review by total assets t...
ABSTRACT The research work which is based on implications of budgetary control to industrialisation in Nigeria economic growth between 2012 and 1980 was embarked upon by the researcher to evaluate the position of the Nigerian economy from the perspective of industries with respect to budgeting and budgeting control. The researcher having known the term “Budgetary control” as a budgeting process cannot be accurately and comprehensively treated without the concept of “Budgeting” broade...
ABSTRACT External borrowing is a source through which many countries source revenue for development and economic growth of their countries. But this revenue can only help solve the problems of gross under – development when judiciously utilized. The burden of Nigeria’s external debt is more than the country can bear and the state of economic growth in the country is hampered due to debt crisis. The debt problem facing Nigeria is concerned on how to stop incurring more debts and device ...
INTRODUCTION 1.1 Background to the Study The foreign exchange market intervention phenomenon is obviously not a recent development, quite a number of governments across the globe have intervened in foreign exchange markets. The essence has mostly been to try to dampen volatility and to slow or reverse currency movements. This is usually borne out of concern that excessive short-term volatility and longer-term swings in exchange rates that "overshoot" values justified by fundamental condit...
Abstract Nigeria is the largest oil exporting country in Africa and has a rapidly growing economy. The country follows a resource based growth strategy driven by the production and exporting of oil. With the volatility of global oil prices and of-ten volatile growth of Nigeria’s economy, this research is designed to examine the effect of Nigeria’s oil dependency on economic growth. This research at-tempts to answer the question of if the volatility of global oil prices is directly linked ...
Introduction In 1999, one of the worst post-colonial dictatorship regime in Africa comes to a end. Sani Abacha’s military ruling in Nigeria is overthrown and a transitional regime led by Olusegun Obasanjo is put into place. The country, touted in the 70’s as one of the potential success stories of Africa following the discovery of huge oil reserves and the building of decent infrastructure in cities such as Lagos and Port Harcourt, is in ruins. Part of the challenge, second only to the ...
ABSTRACT Despite various efforts of the successive Nigerian governments, virtually all indices of human development especially those of health and education are embarrassingly low. Their effort seem abortive. It is in the light of the above that this topic is very timely “An empirical analysis of the Impact of Human Capital Development on Economic Growth of Nigeria from 1980 to 2011. The main objective of this study is to examine the nature of the relationship that exists between human ca...
ABSTRACT The impact of entrepreneurial development in any developing economy can never be over emphasized as result of the its exponential developmental capacity through small and medium scale businesses that are springing up in every nook and cranny of the country almost on daily basis. It is as a result of this that the subject matter “ entrepreneurial development “ would be treated from the perspective of small and medium scale enterprises in the country. The vibrancy noticed in ...
ABSTRACT The challenges of measuring marketing strategy in relation to productivity has been inadequately address by previous researches and marketing text in Nigeria. Hence this study examines the effect of marketing strategy of First Bank. Out of the total population of first bank, Kaduna main branch with a staff strength of 135 persons were selected as the sample size. The survey method constitute the research design. Questionnaire design by the researcher in five likert scale consti...
ABSTRACT The study examines the impact of bank consolidation on operational efficiency in First Bank Nigeria Plc Kaduna. Out of 125 staff, 100 were selected for the survey. Questionnaires constitute the main instrument for data collection. The mean scores was used to analyze data the research result indicates that: Consolidation improves services delivery and customer satisfaction through efficient operation as a result of good corporate governance mechanism. In spite of this positive effect ...
INTRODUCTION It is an undisputable fact that Nigeria of the pre-independence era was predominately small scale in its productions and marketing activities. Industrial revolution brought about a shift from the orthodox trade by barter to a more sophisticated marketing system where consumers satisfaction becomes the ultimate goal of the most businesses. Thus small scale business becomes the next option since they stood a better chance of offering a more personal relationship with customers as...
ABSTRACT The study examines the staff perception of marketing strategy of First Bank and zenith bank. Out of the total population of 235, 100 persons were selected as the sample size. To determine the sample size the simple random sampling technique was used. The survey method constitute the research design. 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 the marketing strat...
ABSTRACT Going down memory lane, one can remember that major developed and upcoming Nations in the world have in one way or the other diversified their economy in various aspects but majorly on Agriculture. History had it that Malaysia - largest oil palm producing country in the world took its first seedlings from Nigeria, improved upon it and made it a strong hold for economic advancement. Likewise China, Korea, Singapore and India who not only improved their agricultural background but al...
Abstract This research focuses on the impact of oil and non-oil exports on Nigeria’s economy from 1981 to 2012. Data on gross domestic product, oil export and non-oil export were used. The ordinary least square (OLS) was used to estimate the parameters. The research results from econometrics analysis revealed that oil and non-oil exports have significant impact on Nigeria’s economy. The unit root test was conducted using the Augmented Dickey- Fuller and Phillip Perron unit...