The financial markets are types of markets designed for the creation and disposition of financial assets. There are two sections of the financial markets in Nigeria‚ namely: money market and capital market (Central Bank of Nigeria-CBN‚ 2004; 2007). A financial asset is created when one party in exchange for cash issues a receipt of acknowledgement which entitles the holder a claim of pecuniary nature against future interests of the issuer. Financial assets fall into three general categories namely:
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As I have seen in the movie‚ there is a greater risk in the global capital market. And in today’s economy is financing and financial integrated‚ the most controversial issue in international economics is the financial globalization. Trade liberalization is beneficial thus elimination of barriers to international trade in goods and services. In financial markets it includes the capital flows of different countries like Indonesia‚ Malaysia‚ South Korea‚ Brazil and Russia. The two main benefits of
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ECONOMY OF NIGERIA Nigeria is a middle income‚ mixed economy and emerging market‚ with expanding financial‚ service‚ communications‚ and entertainment sectors. It is ranked 30th in the world in terms of GDP (PPP) as of 2011‚ and its emergent‚ though currently underperforming manufacturing sector is the third-largest on the continent‚ producing a large proportion of goods and services for the West African region. Previously hindered by years of mismanagement‚ economic reforms of the past decade
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a. Nigeria oil is a main part of the countries’ source of income and comprises 95% of their total exports. The nation is the 8th largest oil producer and the fifth largest supplier to America. Even though oil is so profitable‚ over half of Nigeria’s population lives below the poverty line.The extraction and demand for oil makes the government reckless in their pursuit for money‚ making Nigerian government corrupt. The population living below the poverty line live on two dollars day. 2. What can
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ENTREPRENUERSHIP IN NIGERIA Entrepreneurial forces are relatively strong in this country‚ as the lack of jobs and a rise in poverty leave few other options for the Nigerian people. Although difficult due to a lack of resources‚ there are non-profit organizations such as the Fate Foundation in Nigeria that are dedicated to promote entrepreneurship. Apart from the information about Nigeria that is so widespread and often negative‚ there appears to be a recognition of the critical role and place of
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Nigerian Culture Today Globalization is something that has left not one place on this earth untouched. Everywhere‚ countries are constantly changing and adapting their cultures to become more industrialized and urbanized – more modern. Nigeria is one of those countries. Like most globalized countries‚ Nigeria has strayed far from the path of traditional culture‚ and adopted numerous new aspects of culture of a global nature. In Nigeria‚ though‚ globalization has occurred rather quickly.
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Advertising has created a great impact on the market Because due to advertising in different mode customer are aware Of the product and it also helps in creating a brand image in the Buyers minds so looking at the current situation in this competitive market A product has to be advertise and publish in the market so every buyer will Be aware of the product . The world has became so small and due to e- commerce Competition has also increase it’s also kind of promoting a product . Music
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Considering the effects of the Industrial Revolution is interesting and complex because there are myriad social issues to investigate when examining the impact that the this landmark era had upon American citizens. The effect of the Revolution‚ through making more efficient the production of manufactured goods‚ it helped to reduce the costs of commodities for consumers‚ thus allowing many items once considered luxuries to become attainable for vast segments of our population. With the price structure
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Subject: Detailed analysis report to determine the course of action for Larson Inc.’s Nigerian operations. This report provides information on the macroeconomic conditions prevailing in Nigeria apart from taking into consideration the report given by the CEO-Nigeria operations. With this the report attempts to evaluate the economic viability of the business in Nigeria in a long run. Executive Summary The Nigerian wing of Larson Inc. finds it hard to operate efficiently owing to the changing policies
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of legal rigmaroles in frustrating enforcement investors’ protection laws in Nigeria‚ compared with the American legal system‚ using AJAYI v SEC as reference. It concludes that (a) Nigerian courts should employ their power to sanction lawyers and litigants more proactively; (b) specialised courts’ powers‚ such as the Investment and Securities Tribunal (IST) must be enhanced to handle specific subject-matters in Nigeria; and (c) the rights of appeal to appellate courts may be curtailed/restricted
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