BANK OF INDUSTRY INTRODUCTION. The Bank of Industry was created by the Federal Executive Council in January 2002 with the sole purpose of promoting and encouraging small and medium scale industries in Nigeria by providing long term financing to the industrial sector of the Nigerian economy. It was formed by the amalgamation of three already existing development financial institutions comprising: The Nigerian Bank of Commerce and Industry (NBCI)‚ The Nigerian Industrial Development Bank (NIDB) and
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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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Inflation and Unemployment in Brazil In this section we will analyse Brazilian inflation and unemployment historical patterns in order to make prediction about their likely future behaviour in the short term; we will then see how this contributes to our investing decision. The country has experienced historically high levels of inflation‚ mainly due to a combination of large GDP growth (average of 10% during the 1960’s) and wrong policy measures such as the 1978 shift in nominal wage adjustment
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The Practice of Bilingualism in Nigeria: Factors That Encourage Bilingualism – Before‚ During and After the Colonial Era A Term Paper Submitted in Partial Fulfilment of the Requirements of the Course: ENG 503: Bilingualism and Multilingualism June 2010 By Emmanuel U. Dimike 2009026016F Dimike‚ 2 INTRODUCTION In the world today‚ the number of people who use more than one language is greater than the number of people who use only one language. This study focuses on these people with more than one language
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acceleration of its already high unemployment rate. South Africa currently has one of the highest unemployment rates internationally. This is the culmination of a long-term‚ yet steady‚ rise in unemployment that started as early as the 1970s (Seeking and Natrass 2006)‚ but which has rapidly accelerated in the post-apartheid period. South Africa as a developing country has faced a crisis of the high rate of unemployment in recent years. In the South African labour market‚ unemployment has remained a crucial
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Vadym Hetman Kyiv National Economic University Topic: The youth and unemployment problems Student of the 1st group Second year Vakulenko Iryna Kiev 2010 Youth is the time of life between childhood and adulthood (maturity). Definitions of the specific age range that constitutes youth vary
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country is facing today‚ the problem of unemployment is one of the most serious Unemployment is defined as condition of a person who is willing to work but unable to find a paying job. There are various factors that are responsible for unemployment i country. Unemployment can be due to seasonal layoff particularly in agricultural sector. It can be due to technological changes in an automated industry or due to lack of adequate skills by the workers. Unemployment can also be due to fluctuation in the
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Unemployed graduates have become a cause of concern in Malaysia. The findings of a Graduate Tracer Study in 2006 involving 132 900 graduates from institutions of higher learning all over Malaysia indicated that 30.7% of graduates remained unemployed six months after graduation‚ while 5.7% were still awaiting job placement (Tan‚ 2007). The Minister of Human Resources revealed that more female graduates in this country were unemployed because they lacked the relevant skills required in the labor market
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Modern Day Human Trafficking in Nigeria As an individual‚ imagine going through the motions of a typical day to then realize a women figure has now vanished. This woman figure who has now vanished carried out roles such as a mother‚ sister‚ daughter‚ friend‚ and cousin. Considering this is a blessing as your only imagining such bazaar as for the women in Nigeria this is their reality. In the article “Child‚ Bride‚ Mother: Nigeria” by Stephanie Sinclair provides adequate information to the readers
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Applied Econometrics and International Development. AEID.Vol. 5-2 (2005) MONETARY POLICY AND MACROECONOMIC INSTABILITY IN NIGERIA: A RATIONAL EXPECTATION APPROACH FERIDUN‚ Mete * FOLAWEWO‚ Abiodun OSINUBI‚ Tokunbo Abstract Generally‚ both fiscal and monetary policies seek at achieving relative macroeconomic stability. Based o countries’ experience on n the role of monetary policy in controlling economics instability‚ this study examines the efficacy of monetary policy in controlling
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