shareholders may increase to considerable extent. The term profitability refers to the ability of the business organization to maintain its profit year after year. The profitability of the organization will definitely contribute to the economic development of the nation by way of providing additional employment and tax revenue to government exchequer. Moreover‚ it will contribute the income of the investors by having a higher dividend and thereby improve the standard of living of the people. In
Premium Bank
Abstract Rural development of the grassroots has been the concern of every responsible and responsive political system. This is because development and participation have continued to elude people of the grassroots. Development remains insignificant if it does not positively affect the lives of those in the periphery of decision making arrangement. The Nigerian state therefore created local government as the third tier of government whose objective is to ensure effective‚ measurable and efficient
Premium Local government
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
Premium Inflation Monetary policy Macroeconomics
Strategic Management and Organisational Analysis TITLE OF RESEARCH PAPER: THE PETROLEUM PRODUCTS MARKETING INDUSTRY IN NIGERIA: WHAT ARE THE ISSUES? ABSTRACT: The process of getting petroleum products off refineries and getting them to the costumer has become one of the biggest industries in the energy sector‚ with so much economic implications. Interestingly‚ petroleum
Premium Petroleum
Law‚ Corporate Objective and Social Responsibility: The Nigerian Situation Background Information Corporate associations largely influence the lives of humans and economies of nations. Confederation of British Industry rightly notes that human ‘...lifestyle is determined by the activities and the style of businesses’. [1] These businesses are in turn largely determined by the activities and styles of companies.[2] Therefore‚ the impacts of businesses and their organisations on
Premium Corporation Developing country Corporate social responsibility
International Marketing Plan Report (Pizza Hut) (Target Market-Nigeria) Submitted to: Dr. Jawahitha Sarabdeen Subject: Marketing in a Global Economy (TBS982) Due date: 5th December 2013 Prepared by: Nithin Suresh 4465702 Noel Philip 4471350 Mohammed
Premium Pricing
CHAPTER THREE THE THREE ERAS OF TAXATION IN NIGERIA General Historical Overview of Taxation Taxes are as old as the history of organised human society. During the reign of the Pharaohs in Egypt tax collectors were called scribes and taxes were collected on various items including cooking oil.1 In the ancient Greek city of Athens‚ taxes were especially important in times of war. The tax imposed during times of war was known as eisphora and no one was exempted from this tax. After the war
Premium Nigeria Yoruba people Tax
I. Greek Mathematicians Thales of Miletus Birthdate: 624 B.C. Died: 547-546 B. C. Nationality: Greek Title: Regarded as “Father of Science” Contributions: * He is credited with the first use of deductive reasoning applied to geometry. * Discovery that a circle is bisected by its diameter‚ that the base angles of an isosceles triangle are equal and that vertical angles are equal. * Accredited with foundation of the Ionian school of Mathematics that was a centre of learning and research
Premium Mathematics Number theory Geometry
1596-8303. www.transcampus.org/journals. www.ajol.info/journals/jorind THE CHALLENGES OF ADOPTING INTERNATIONAL FINANCIAL REPORTING SYSTEM IN NIGERIA Anthony O. Garuba Department of Accounting and Finance‚ Western Delta University‚ Oghara‚ and Pat Donwa Department of Accounting‚ University of Benin‚ Benin City E-mail: anthonygaruba@yahoo.com Abstract Nigeria is going to adopt International Financial Reporting Standard (IFRS) from 1st January 2012. Globalization and Information and Communication Technology
Premium International Financial Reporting Standards Financial statements
Analysis of the challenges of religion and ethnicity on political stability in Nigeria’s fourth republic (1999-2011) INTRODUCTION Background to the Study Basically‚ Nigeria is a plural society and heterogeneous in virtually all the facet of life. The custom and tradition of Nigerians is so diverse to the extent that Nigeria as a country is now confronted with the problem of religion and ethnicity towards their political stability. The origin and history of ethnic conflict (societal wars and violence)
Premium Ethnicity Nation Ethnic group