CBN ECONOMIC & FINANCIAL REVIEW‚ VOL. 37 N o 2 1-16 FISCAL DEFICITS AND INFLATION DYNAMICS IN NIGERIA: AN EMPIRICAL INVESTIGATION OF CAUSAL RELATIONSHIPS Emmanuel Ating Onwioduokit Government expenditure in Nigeria has consistently exceeded revenue for most o the years beginning from 1980. This paper investigates the causal relationship f between infation andfiscal deficit in Nigeria from 1970 to 19194. It was empirically confirmed that althoughfiscal dejkit causes inflation‚ there was nofeedback
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University zaria officials paid a courtesy visit to one of the prominent elder state man in African‚ Ambassador Maitama Sule; one time Nigeria Ambassador to the United Nations. He was part of the African Nationalist that founded the African Union. The visit was to give us insight on panacea to African contemporary issues. EXCERPT: The history of political development in Nigeria and African indeed is very interesting. With the problem now facing us‚ it is only appropriate we should look back there and see
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CHAPTER ONE INTRODUCTION 1. BACKGROUND OF THE STUDY The reforms in the financial system in Nigeria which heightened with the 1986 deregulation‚ affected the level of financial deepening of the country and the level relevance of the financial system to economic development. Nnanna and Dogo (1998) However‚ the rapid globalization of the financial markets since then and the increased level of integration of the Nigerian financial system to the global system have generated
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CHAPTER ONE INTRODUCTION 1:1 BACKGROUND TO THE STUDY The essence of any society is its ability to replenish the members‚ which constitute it and thus ‚enhance the continued existence of that society. The ability of any human settlement to retain its characteristics as a social group relies heavily on the replacement of old members of society with new ones. However‚ the replacement of old member of society with new young ones
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GLOBALIZATION CULTURE AND ARCHITECTURAL EDUCATION IN NIGERIA. By Dr Adedeji Daramola‚ Wole Alagbe‚ Bridgette Aduwo. e-mail: sadaramola2000@yahoo.com School of Architecture‚ Covenant University‚ Ota - Nigeria. Abstract: Globalization has exerted so much pressure on every aspect of the global economy. This pressure is fast affecting the economy of most underdeveloped and developing world. The precipitation of the World Trade Organization principles‚ which compelled participating nations
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Study on the Contribution of Multilingualism to Creativity Executive Summary Public Services Contract n° EACEA/2007/3995/2 16 July 2009 Europublic sca/cva Avenue Emile De Mot 8‚ box 4 1000 Brussels www.europublic.com The views expressed in this work are those of the contributors and do not necessarily reflect those of the European Commission. This study has been commissioned by the European Commission‚ Directorate General Education and Culture. ©European Commission Table of Contents:
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THE NEED FOR ENVIRONMENTAL EDUCATION IN SECONDARY EDUCATION LEVEL IN NIGERIA: Problems and Challenges International Masters Degree Thesis on Environmental Policy Year 2004 Made by: Agnes Chizor Ogueri Supervised by: Thomas G. Whiston Department of Environment‚ Technology and Social Studies Roskilde University‚ Denmark List of content GLOSSARY OF TERMS USED…………………………………ix ACKNOWLEDGEMENT…………………………………………xi ABTRACT…………………………………………………………..1 CHAPTER 1. INTRODUCTION……………………………………
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carried out by Sanusi Lamido Sanusi‚ governor of the Central Bank of Nigeria (CBN)‚ in the banking industry appear desirable. The CBN aims at ensuring the stability and soundness of Nigeria’s banking industry within the shortest possible time. However‚ the unintended negative effects of these present reforms of the banking sector on national economy are awful. The CBN Governor swept away chief executives of five commercial banks in Nigeria in one fell swoop. The decision took many Nigerians by surprise
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with the responsibility to fight corruption and other related offences in Nigeria. It was set up and empowered by the Corrupt Practices and Other Related Offences Act 2000.ICPC was inaugurated on the 29th of September 2000 with a Chairman and 12 Members. Section 3(14) of the Act ensures the independence of the Commission as not being subject to the direction or control of any person or authority. BACKGROUND Nigeria has been stigmatized by the international community as the second most corrupt
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MTN NIGERIA COMMUNICATIONS LIMITED Prior to 1999‚ which heralded the return of democracy to the Federal Republic of Nigeria‚ 30 companies had the Digital Mobile License (DML). None of these companies were fully operational as the lacked the technical and financial capability to operate the DML. Aside from the digital mobile licensee‚ the only active player who was more or less a monopoly was Nitel. The advent of democracy resulted in the appointment of a new regulator for the telecommunications
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