THE EFFECT OF GLOBALIZATION ON NIGERIA CULTURE - Nneka Oringamje Globalization refers to the increasingly global relationship of culture‚ people and economic activity. While culture on the other hand‚ is the recognition of good literature‚ enjoyment of good music‚ food and arts. According to Anthropologist Edward B. Taylor in his book‚ Primitive Culture‚ published in 1871. Taylor said that culture is "that complex whole which includes knowledge‚ belief‚ art‚ law‚ morals‚ custom‚ and any other
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Weltwirtschaftliches Archiv‚ 116‚ pp. 739-773 Akinlo‚ A.E. 2004. "Foreign direct investment and growth in Nigeria: An empirical investigation". Journal of Policy Modelling‚ 26: 627-39. Aliber‚ Robert Z. "The Multinational Enterprise in a Multiple Currency World." In The Multinational Enterprise‚ ed. John H. Dunning. London: Allen & Unwin‚ 1971. Aluko‚ S.A. (1961). "Financing economic development in Nigeria". The Nigerian Journal of Economic and Social Studies‚ 3(1): 39-67. Bengos‚ M. and B. Sanchez-Robles
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What’s the historical development of guidance and counselling in Nigeria? African nations are in a hurry to educate citizens in order to modernize and enhance their social‚ economic and political development. The concept of guidance and counseling‚ although relatively new in Africa has been embraced by most developing nations with enormous enthusiasm. This is because counseling is being regarded by most nations as an educational service through which efficient manpower for development can be attained
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Introduction Nigeria is the most populous country in Africa‚ accounting for about one-sixth of African population. 1 The largest ethnic group in the northern part‚ which is about two-thirds of the country‚ is the Hausa-Fulani‚ majority of who are Muslims. The Yoruba are the most numerous in the southwest. Over half of the people are Christians and about a quarter are Muslims‚ with the remainder following mostly African Traditional beliefs. 2 The predominantly Christian Igbo are the largest ethnic
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Abstract The aim of this short paper is targeted at broadening general understanding of the impact of accounting for goodwill in the Non-for-Profit environment based on its financial practicability and how a focus on the fair value of goodwill goes to the heart of the value of an Organization. Various amendments and new accounting rules; Enron and WorldCom misfortunes; Ponzi Schemes and other white collar financial frauds have brought about stricter governance and financial statement reporting responsibilities
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Nigeria is a developing country that is abundantly rich in many natural resources and as a result has a good number of multinational corporations ranging from oil companies‚ banks to consulting firms. Unfortunately‚ CSR is a concept that I personally believe the government has left to expectations‚ believing the multinational corporations would do what is ‘right’ by offering certain benefits to the society and the environment. As a result of this approach‚ Corporate and social responsibility has
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examples of accounting scandal. There’re some reason that cause those ethical issues arise which is due to the greedy mindset of accountant‚ tempted by money and take chance to fraud‚ Pressured by company’s executive and so on. When all these ethical problems arise‚ mean that accountants has lost their mind and make mistake or error in judgment that will produce harmful outcome to the public‚ company or investors. As all these ethical issues arise more and more frequently in the accounting field‚ there’re
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INTRODUCTION The 2008 economic crisis affected African nations in the developing world in a very similar way. Nigeria suffered a fall in oil prices ‚ reduction in exports and a downward trend in the stock market whilst South Africa suffered the same effects but rather than crude oil they suffered in the fall of commodity prices. Policies to stimulate the economy are different in terms of trade where Nigeria is more free trade and South Africa became more protectionist after the crisis. The Nigerian economy
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Financial accounting reports are prepared for the use of external parties such as shareholders and creditors‚ whereas managerial accounting reports are prepared for managers inside the organization. This contrast in basic orientation results in a number of major differences between financial and managerial accounting‚ even though both financial and managerial accounting often rely on the same underlying financial data. In addition to the to the differences in who the reports are prepared for
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VITAFOAM Vitafoam Nigeria Plc is Nigeria’s leading manufacturer of flexible‚ reconstituted and rigid foam products. It has the largest foam manufacturing and distribution network which facilitates just-in-time delivery of its products throughout Nigeria. Incorporated on 4th August‚ 1962 and listed on the floor of the Nigerian Stock Exchange in 1978. Vitafoam’s successful brands remain household names in the country. The company’s vision to be the Foam Manufacturer of first choice is being
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