Electronic Retail Payment Systems: User Acceptability and Payment Problems in Nigeria 1.1 Introduction The world has witnessed an upsurge of electronic payment instruments meant to facilitate trade and simplify payments. (Abor‚ 2004) Before the introduction of electronic payment into the Nigerian banking system‚ all customers had to walk into the actual bank to do transaction of all kinds. Customers had to queue up and spend more hours to talk to a teller to make their transactions. (Abor‚ 2004)
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University The Adventure to Democracy In the midst of the prevalence of democratic transitions‚ a number of developing countries are seeking to achieve the successful consolidation of civil order in modern days. Among those participants‚ Mexico and Nigeria has been spotlighted for the completely contrastive endings at the end of their long-adventures towards democratization since their independence; Mexico‚ from its independence‚ has maintained the political stability despite the authoritarian single-party
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a corporation and a partnership. The LLC operating agreement is a document that dictates how the LLC will function. The amount of time it takes to create the operating agreement depends on the specifics of the LLC. Other names: Don’t confuse this document with the articles of organization‚ which may also be known as the certificate of organization or certificate of formation‚ depending on the state you live in. Who should use this form? The LLC operating agreement provides a detailed breakdown of
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Since 1974 the Bank has committed $1.2 billion for Agricultural Development Projects (ADPs) to increase farm production and welfare among smallholders in Nigeria. OED reviewed five ADPs and a supporting Agricultural Technical Assistance Project (ATAP)‚ all implemented between 1979 and 1990. Only two of the six projects had satisfactory outcomes. In general‚ rainfed agricultural production was far below projections. Macroeconomic conditions‚ some national policies‚ and particular design and implementation
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the legal concept of gender equality is entrenched in the 1948 universal declaration of Human Rights. It was also stated again in the 1979 United Nations Convention on the elimination of all forms of discrimination against women. In a society like Nigeria‚ which is a largely patriarchal society‚ women tend to be comfortable to certain close-ended function in the society. It has also been confirmed that though men and women are supposed to be complementary partners in society ’s overall progress‚ women
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EFFECT OF FOREIGN AID IN KENYA 1. Introduction Foreign aid is usually associated with official development assistance‚ which in turn is a subset of the official development finance‚ and normally targeted to the poorest countries (World Bank‚ 1998). Foreign aid represents an important source of finance in most countries in sub-Saharan Africa (SSA)‚ where it supplements low savings‚ narrow export earnings and thin tax bases. In recent years the donor community has become more stringent about fiscal
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What were the strengths and weaknesses of the Fed’s operating procedures that were used after October 6‚ 1979? In 1979‚ two factors impacted inflation. The oil shock resulted in prices spiraling out of control. With higher production costs‚ the companies have to maintain profits margins by increasing prices to consumers (inflation). In addition‚ the weakness of the US dollar aggravated inflationary pressures as well. The weak dollars results in rising of the price of imports and reducing the price
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Foreign aid is the transfer of goods‚ capital or services from one country to another directly or indirectly through international organizations such as the World Bank‚ the United Nations Children’s Fund‚ and many others. It is meant to offer some benefits or help to the recipient country and it comes in several forms for example; military‚ emergency humanitarian or economic aid. It is aimed at providing help in terms of crisis or disaster. This essay will discuss the concept of foreign aid.
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of foreign exchange is getting increasingly complex and intensely competitive. However‚ in the backdrop of phenomenal growth of Bangladesh’s external sector‚ foreign exchange business provides a challenge as well as an excellent opportunity to accelerate the growth of bank’s own business This research paper is done on the foreign exchange department of Prime Bank ltd. It tries to capture nearly the entire range of activities typically performed in the foreign exchange department of the bank and
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CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The rising profile of poverty in Nigeria is assuming a worrisome dimension as empirical studies have shown that Africa and Nigeria in particular has witnessed monumental increase in the level of poverty. Available records from the Federal Office of Statistics (1996)‚ shows that about 71% of Nigerian households are considered poor‚ which reveals that poverty has been massive‚ pervasive and engulfs a large proportion of the Nigerian
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