insulation of the domestic market from the vagaries of the international. In the case of the Nigerian stock market‚ following initial relative insulation‚ the speed of contagion and response was comparatively slower. However‚ the effects began to manifest in the first quarter of 2008. All market indicators commenced a downward spiral. Negative market growth ensued. The mono cultural dependency of the Nigerian economy contributes to the exposure of the economy to global financial crises According
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development of Bangladesh. Foreign exchange department of commercial banks facilitates the import and export of a country and thus develops the international trade. National Bank Limited established as the first private sector bank fully owned Bangladeshi entrepreneurs‚ NBL has been flourishing as the largest private sector bank with the passage of time after facing many stress and strain. Foreign exchange department of this bank is well renowned. The report was made on the basis of primary and secondary
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corporate companies with a lot of power‚ and instead of using that power for good they manipulate innocent people and cause them suffering. Ford gathers a group of criminals uses their skills to make those companies suffer in return. In the episode the Nigerian Job Victor Duben acts as though‚ he has been stolen from; when in fact he was the one that wanted to steal‚ what he pretends what was stolen from him. When‚ Nathan Ford and his new crew found out that Victor did not pay them for the job they had
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Performance of Mutual Funds Case study of SBI & HDFC Bank Mrs.Gazal Aggarwal** Mrs Meenu Kaur* Introduction The last three decades of 20th Century witnessed the emergence of a number of issues that spared debates and discussion among economist. Financial sector is the major area of macro economy that has received renewed focus in recent years; the banking sector has been the cynosure of academia. The traditional face of banking is also undergoing a change from that of a mere intermediator
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AUDITING EXPECTATION GAP: NIGERIAN PERSPECTIVE Abstract The audit expectation gap is critical to the auditing profession because the greater the unfulfilled expectation from the public‚ the lower the credibility earning potential and prestige associated with the work of auditors. The study examined the level and nature of expectation gap (performance gap) between auditors and users of financial statements. It sought to establish whether audit expectation gap exists in Nigeria and the perception
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significant rigging in places. This stranglehold is fast being diluted. The first effort of developing a viable progressive alternative government was in the 1964 elections with the formation two political groupings (formative two party system) Nigerian National Alliance (NNA) and the United Grand Progressive Alliance (UGPA) which failed miserable to win the election due to partial boycott‚ widespread rigging and clandestine manoeuvrings of the incumbency. Such as the imposition of State of emergency
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THE CHARACTERISTICS OF SUCCESFUL NIGERIAN WOMEN ENTREPRENEURS BY DR. S. L. ADEYEMI DEPARTMENT OF BUSINESS ADMINISTRATION UNIVERSITY OF ILORIN‚ ILORIN Abstract The ami of the study is to describe the characteristics of Nigerian Women Entrepreneurs who have been successful in their business ventures. This paper attempts to understand who these successful women are and what are their trademarks for success. A questionnaire survey was employed for this study. Result are drawn from 75 respondents who
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Sunnah. Naturally‚ it remains a deep cry in their hearts to fashion and design their economic lives in accordance with the precepts of Islam. The establishment of Islami Bank Bangladesh Limited on March 13‚ 1983‚ is the true reflection of this inner urge of its people‚ which started functioning with effect from March 30‚ 1983. This Bank is the first of its kind in Southeast Asia. It is committed to conduct all banking and investment activities on the basis of interest-free profit-loss sharing system
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Poor Reading Culture among Nigerians The way of life of a nation is influenced by the percentage of its citizen who are literate. Cuba‚ for example‚ is adjacent to the US and has the highest rate of literacy in the world. This is among the reasons why Cuba has a vibrant economy despite decades of diplomatic conflicts with the strongest nation in the world (Henry‚ 2004). Tracy (2008) asserts that being a former British colony‚ Nigeria’s literacy culture ought to be as standardized as that
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collect‚ manipulate‚ and disseminate data and information and provide a feedback mechanism to meet an objective. 2. What consists of raw facts‚ such as an employee number? a. bytes b. data c. information d. knowledge Knowing the potential impact of information systems and having the ability to put this knowledge to work can result in a successful personal career‚ organizations that reach their goals‚ and a society with a higher quality of life. 3. A(n) ______________ consists of hardware
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