THE COLLAPSE OF UNIVERSAL BANKING SYSTEM IN NIGERIA: AN ASSESSMENT OF THE INTRODUCTION OF SPECIALZED BANKING AND HOLDING COMPANY SYSTEM. BY AIMINHIEFE OSAGIE BENEDICT Osazemogie@yahoo.co.uk‚ 08055819143 BEING AN M.Sc. (ACCOUNTING AND FINANCE) SEMINAR PAPER‚ DEPARTMENT OF ACCOUNTING‚ FACULTY OF MANAGEMENT SCIENCES‚ BENUE STATE UNIVERSITY‚ MAKURDI. Abstract The Central Bank of Nigeria (CBN) recently reviewed the universal banking system in favour of separate banking licenses
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Climate Change in Nigeria Climate change has always occurred in different Nigeria; however the effects have become more noticeable recently over the years. The effects have affected the daily lives of many for better or worse. A peer reviewed research done by an unknown source‚ which was accepted by the Journal of Geography and Regional had concluded that the average temperature of Nigeria has increased by 1.7°C in the period of 1901-2005. The increase has however been higher in semi-arid areas
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The belief system of the people influences the way they think‚ feel and see things in relations to people of other religions. Unfortunately‚ Nigeria is a country that is continuously weighed-down by religious burdens. Sustainable religious-peace across Nigeria have been aborted times without number due to the recurrent cases of religious conflicts. As this religious conflict lingers and rears its ugly head in different parts of the country‚ it continues to direct and influence the perception of the
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eventually drawn into Livent’s fraudulent schemes by its principal architects‚ including Maria Messina‚ the company’s chief financial officer (CFO). Messina‚ a former partner with Deloitte & Touche’s Canadian affiliate‚ had previously served as Livent’s audit engagement partner. The fraud unraveled following Livent’s takeover by an investment group led by Hollywood mogul Michael Ovitz. The new management team installed by Ovitz soon found that “massive‚ systematic irregularities” permeated the company’s
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CHAPTER ONE 1.1 INTRODUCTION The British colonialists started the Nigeria public service‚ which later developed in the modern of the British civil service with its doctrine. The design of the civil service was not to work for the Interest of Nigeria and its people but to serve the British colonial interest. It was difficult after independent for the service to evolve good plans for the development of the country. A civil service whose characteristics continued with Max Webber’s ideal type of bureaucracy
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| | |Early history of Nigeria | |Early Nigerian history relates to the period of history in Nigeria prior to the common era. Recent archaeological | | |research has shown[who?] that people were already living in Nigeria (specifically the Iwo-Eleru) as early as 11‚000 | | |BC and perhaps earlier at Ugwuelle-Uturu (Okigwe) in south-eastern Nigeria.[1] Microlithic and ceramic industries |F| |were
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ECON1101 Essay: Petrol subsidies in Nigeria Nigeria‚ an oil-abundant nation‚ produces two million of barrels of crude oil a day‚ though despite this‚ it relies solely on importation to sustain its refined-fuel needs. This is because its four refineries fail to function effectively and continue to operate beneath capacity. Governmental mismanagement and political corruption are some of the reasons why Nigeria’s refineries remain in this state. The Nigerian government therefore implemented subsidies
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Managerial Auditing Journal Emerald Article: Audit evidence: the US standards and landmark cases Rocco R. Vanasco‚ Clifford R. Skousen‚ Richard L. Jenson Article information: To cite this document: Rocco R. Vanasco‚ Clifford R. Skousen‚ Richard L. Jenson‚ (2001)‚"Audit evidence: the US standards and landmark cases"‚ Managerial Auditing Journal‚ Vol. 16 Iss: 4 pp. 207 - 214 Permanent link to this document: http://dx.doi.org/10.1108/02686900110389151 Downloaded on: 30-04-2012 References: This
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The Ongoing Concussion Crisis and the N.F.L’s Head‚ Neck‚ and Spine Committee Almost all of America has seen or heard of the popular sport Football. Football stands on the objective to get the ball across to the opponent’s goal. As a way to protect the opposing team from scoring‚ the players can tackle the opposing team. Tackling an opponent can lead to many serious injuries injuries‚ including concussions. Concussions consist of forceful collisions against the head and can lead to chronic traumatic
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Igbinedion University Okada Eighth Convocation Lecture By Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production
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