BUSINESS VALUATION METHODS There are a number of different methods used to value business in today’s market place, depending upon the size, profitability and nature of the business being valued. Ultimately, valuations attempt to valve the future maintainable profits of an enterprise. Generally the market accepts the latest year’s profit as a basis for valuing small t o medium sized businesses, whereas for large businesses, the average of the last two or three years profit together with ...
ABSTRACT Over the years mismanagement of public funds and improper standards for financial accountability has been a reoccurring decimal in various parts of the world Africa and Nigeria inclusive. It was against this backdrop that Nigeria adopted international financial reporting standard (IFRS) in January, 2012 after several years of negotiations. This study therefore examined the extent to which adoption of international financial reporting standards (IFRS) can enhance financial reporti...
ABSTRACT Shelter, it is said, ranks second in the hierarchy of human needs, being most important after food. Nigeria, most populous country in Africa, and eighth most populous in the world (2009 estimate by the United Nations Department of Economic and Social Affairs – Population Division) faces a serious housing challenge. Available statistics show that 87% of the total household population in Nigeria lives in rented apartments. In Lagos, in particular, 60% of residents are tenants and ho...
ABSTRACT This proposal is purely based on corporate governance and Bank failure in Nigeria and to see if a significant relationship exists between corporate governance and Banks failure. Corporate governance, as a concept, can be viewed from at least two perspectives. The narrow view is concerned with the structures within a corporate entity or enterprise receives its basic orientation and direction. The broad perspective is regarded as being the heart of both a market economy and a democr...
INTRODUCTION Federal Character Principle was the product of Gowon Administration when after the Civil War when it was believed that Igbos occupied major ministries. But that should not border any body because Igbos did not occupy every ministry before the war. Remark that Tafawa Balewa was in Power and Ahmadu Bello made sure that Hausa-Fulani held the Nigerian Military even without formal education. So, where is Federal Character Principle in the Nigerian Military? Hausa should not monopolize...
A student research submitted in my 3rd year. Talks about my personal observation on land disputes.
CHAPTER ONE INTRODUCTION In some sense, we can say that insurance appears simultaneously with the appearance of human society. We know of two types of economies in human societies: natural or non-monetary economies (using barter and trade with no centralized nor standardized set of financial instruments) and more modern monetary economies (with markets, currency, financial instruments and so on). The former is more primitive and the insurance in such economies entails agreements of mutual ...
INTRODUCTION To address the pitfalls and many of the challenges associated with the Land Use Act of 1978, it has been argued that the country needs a ‘Land Adjudication Act’ (LAA) that would allow rights to be adjudicated and the parcel to be defined under the surveyors’ law. Lynn Holstein, a land administration specialist in a paper titled ‘Land Reform in Nigeria: Some Lessons from International Experience in Systematic Adjudication and Registration’ at a dialogue on legitimizing S...
INTRODUCTION Capital budgeting is the planning of long-term corporate financial projects relating to investments funded through and affecting the firm's capital structure. Management must allocate the firm's limited resources between competing opportunities (projects), which is one of the main focuses of capital budgeting. Secondly, Capital budgeting is also concerned with the setting of criteria about which projects should receive investment funding to increase the value of the firm, and w...
INTRODUCTION The functionalist perspective, also called functionalism, is one of the major theoretical perspectives in sociology. It has its origins in the works of Emile Durkheim, who was especially interested in how social order is possible or how society remains relatively stable. Functionalism interprets each part of society in terms of how it contributes to the stability of the whole society. Society is more than the sum of its parts; rather, each part of society is functional for the s...
PREFACE The world they say is a global village. The reason for this assertion can be remotely and immediately traced to the perennial discussion of globalisation and of course internationalisation. These concepts entail oneness and uniformity in the dealing of societal, political and economic issues. Critically speaking, no nation can fare well without a co-interaction with other nations. This seems to make globalisation and internationalisation inevitable. It is against this backdrop that th...
ABSTRACT This paper examines the dynamic relationship between inflation and exchange rate volatility in Nigeria for the period 1970 to 2010 using Johansen Cointegration Technique. GARCH and ARCH (1,1) technique was employed to analyse the Volatility in Exchange Rate, and it was observed that the Exchange Rate was volatile over the study period. Augmented Dickey-Fuller was employed to determine the order of integration, and it was observed that the variables exhibited stochastic trend. Johanse...
What is gender? Gender is the range of physical, biological, mental and behavioral characteristics pertaining to, and differentiating between, masculinity and femininity. Depending on the context, the term may refer to biological sex (i.e. the state of being male, female or intersex), sex-based social structures (including gender roles and other social roles), or gender identity. Sexologist John Money introduced the terminological distinction between biological sex and gender as a role in...
ABSTRACT This term paper is written to give an insight into the effect of TAXATION in Nigeria Prospects for Reform. In realization of this purpose which was to examine the effect of taxation in Nigeria prospects for reform, the term paper provides clearly a complete coverage of the study. Chapter one dealt with the introduction of the subject matter. Chapter two examines the general principles of Taxation in Nigeria prospects for reform. While chapter three is the summary and recommendation o...