Economic Crisis in Nigeria. NIGERIA. (google)The evolution of Nigeria was from about 1849 until it attained independence in 1960. During this period a lot of events occurred‚ and is largely the story of the great impact of the British on the Nigerian people. The colonial authorities (British) sought to define‚ protect and realize their imperial interest in the portion of West Africa because of its endowment with natural resources‚ apparently this occurred about hundred years ago. The British was
Premium Economic growth Economics Gross domestic product
Science Determinants of Foreign Direct Investment in Nigeria: An Empirical Analysis Obida Gobna Wafureα Abu‚ NurudeenΩ Abstract: The role of foreign direct investment in the development of Nigerian economy cannot be over emphasized. Foreign direct investment provides capital for investment‚ it enhances job creation and managerial skills‚ and possibly technology transfer. This paper investigates the determinants of foreign direct investment in Nigeria. The error correction technique was employed to analyze
Premium Investment Macroeconomics Foreign direct investment
Agreement has been implemented ten years after it was signed and six years after Nigeria ceded the Bakassi Penisula to Cameroon : Going by the procedural rules of the International Court of Justice ‚ ICJ by October 10 this year Nigeria will lose its right to appeal against the judgment of the International Court of Justice‚ ICJ‚ which had in 2002‚ ceded the oil-rich Bakassi Peninsula in Cross River State‚ Southern Nigeria to the Republic of Cameroon. By the terms of the 2005 Green Tree Agreement
Premium Nigeria Law Human rights
DECADENCE IN NIGERIA It is of no doubt that moral decadence has completely replaced core moral values in present times. This ravaging phenomenon is the cause of some of the major problems Nigeria is facing as a Nation. A society where the youths do not think of how tomorrow would be better than today or how to invent new things to automate processes involved in our daily activities rather focusing on how to enrich themselves by any means and controlling enormous wealth at a tender age. Many
Premium President of Nigeria Nigeria
legislation and the regulations by Nigerian officias has become one of the major problems of Larson. The value of the company by the Securities and Exchange Committee has been extremely low and the sales collection and payment to suppler are delayed in Nigeria. All these factors affect the liquidity and cash flow and raise the total cost of the company. Maintaining the operation was also complicated by problems in staffing. Expatiate staff is very costly. Additionally‚ entry visas for those expatriate
Premium Management Corporation Skill
money from Federal Reserve banks. Why is this number so important? It is the way the Federal Reserve (the "Fed") attempts to control inflation. Inflation is caused by too much money chasing too few goods (or too much demand for too little supply)‚ which causes prices to increase. By influencing the amount of money available for purchasing goods‚ the Fed can control inflation. Other countries’ central banks do the same thing for the same reason. Basically‚ by increasing the federal funds rate‚ the Fed
Premium Inflation Central bank Federal Reserve System
Table of Contents I. II. III. INFLATION IV. V. MEANING VI. Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. The price of only one commodity rising but the price of other commodities falling or the increase in the price of a commodity during a day is not termed as inflation. VII. For example‚ let’s consider that there are only two commodities: bread‚ and paper money printed by the government. In a year when there is
Premium Inflation
Opemi Arueyingho Child Care Ms. Rae 2-28-2013 Adoption In Nigeria. I have chosen the country Nigeria to research on adoption‚ because Nigeria is the country where by my Parents and their ancestors are from. I have also seen a few adoptions take place‚ Few years ago I even volunteered at an Orphanage in Nigeria‚ it was a mind blowing experience‚ many kids called me their aunty anytime I came by. Remembering those moments made me want to know more about the little kids life and what process
Premium Adoption Orphanage Islam
NIGERIA AND THE BOMBER: THE GENESIS TO REVELATION Nigeria is a country in the West of Africa with an interesting population of over 160 million people. A British Colony‚ Nigeria was hitherto peaceful and seen as key to African development and interests. Such has been the opposite of the true state of the supposed Giant of Africa since gaining independence in 1960 and declaring a Republic in 1961. After years of Military Dictatorship and coups left the country under-developed for much of her early
Premium Nigeria Niger
Strategies for Resuscitating Foreign Exchange Market in a Depressed Economy (A Case Study in Nigeria) By Ijaiya Tahir Adeniyi B.sc (Hons) Econs From Lagos State University‚ Ojo‚ Lagos State‚ Nigeria CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Exchange rate arrangements in Nigeria have undergone significant changes over the past four decades (Alaba‚ 2003). It shifted from a fixed regime in the 1960s to a pegged arrangement between the 1970s and the mid-1980s‚ and finally‚ to the
Premium Foreign exchange market Currency Exchange rate