EBONG GROUP MANAGING DIRECTOR/CHIEF EXECUTIVE UNION BANK OF NIGERIA PLC ABSTRACT Against the backdrop of the role of banks as financial intermediaries and their function as the engine of growth of the economy‚ this paper examines the extent to which the banking industry has helped to stimulate economic activities in Nigeria and what the prognosis looks like in the post-consolidation era. The paper notes that the banking industry in Nigeria witnessed a remarkable growth in terms of deposit base‚ number
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THE GROWTH OF ADR IN NIGERIA By Enenche Eleojo 1. INTRODUCTION As human beings‚ we are caught up daily in a complex web of social and commercial interactions. For as long as these interactions continue‚ interests are bound to clash. When interests clash or are in completion with the interest of others then we can say a dispute has arisen. For as long as humans exist there will be disputes. What makes the difference is how the disputes are resolved. Instinctively‚ once a dispute arises
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References: Nyong‚ M. O. (1998) Fiscal Federation‚ Revenue Allocation Formula and Economic Development in Nigeria. Nigeria Financial Review‚ Vol. 7‚ No. 3‚ pp.33-54. Nyong‚ Michael (2003) “Fiscal Federalism‚ Revenue Allocation Formula and Economic Development in Nigeria”‚ in Ekpo‚ Akpan H. and Ubok-Udom‚ Enamidem (ed.) (2003) Issues in Fiscal Federalism and Revenue Allocation in Nigeria‚ Uyo: University of Uyo‚ pp.407-445. Obi‚ C. (1998) The Impact of Oil and Nigeria’s Revenue Allocation System:
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The importance of providing students with physical education classes. COM 156 April 10‚ 2011 Student athletes should be required to take physical education classes like the rest of the school. The very important values that students learn through physical education classes are something that sports cannot teach. If schools do consider an exemption‚ they must decide what to include in their exemption status. The main role of a student is to learn during his time at school is to learn. Students
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Climate Change in Nigeria Climate change has always occurred in different Nigeria; however the effects have become more noticeable recently over the years. The effects have affected the daily lives of many for better or worse. A peer reviewed research done by an unknown source‚ which was accepted by the Journal of Geography and Regional had concluded that the average temperature of Nigeria has increased by 1.7°C in the period of 1901-2005. The increase has however been higher in semi-arid areas
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CURBING CYBERCRIME IN NIGERIA. Seven years ago‚ back in my secondary school‚ we were invited for an annual debate: internet has done more harm than good‚ argue for or against‚ I wondered how in the world our rivals were going to yank purpose at this theme‚ this one sided coin. It was improbable and we were the only victors I could see. There was hardly any blemish to the internet; it was the best thing you can imagine. Bringing the world to the very doorstep of everyone amidst a host of all
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ECON1101 Essay: Petrol subsidies in Nigeria Nigeria‚ an oil-abundant nation‚ produces two million of barrels of crude oil a day‚ though despite this‚ it relies solely on importation to sustain its refined-fuel needs. This is because its four refineries fail to function effectively and continue to operate beneath capacity. Governmental mismanagement and political corruption are some of the reasons why Nigeria’s refineries remain in this state. The Nigerian government therefore implemented subsidies
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INTRODUCTION Crime and punishment are two concepts that are vital to the harmony and peaceful co-existence of a state. The goal of every society is that every inhabitant should pursue his interest and aspirations without fear or hindrance from another co-inhabitant. In securing this‚ every community of man has always put in place rules and norms that regulate the interaction of the inhabitants. Certain conducts in the society that threatens the societal goals are collectively frowned at. Such
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Nigeria: The Unstable Democracy 1999 marked Nigeria’s return to democratic rule. However Nigeria is not a stable democracy. Nigerians are still waiting to see the aspects of a democracy that many stable democracies see today; social welfare programs‚ justice‚ and equal access to resources and power. Corruption in the government‚ lack of human rights‚ increased civil discord‚ and the absence of electoral reform keep Nigeria from becoming a stable democratic country. The oil boom in the late 1970s
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DYNAMICS OF CONSTITUTIONAL DEVELOPMENT IN NIGERIA‚ 1914-1999 Abstract: This article examines the intractable problem of constitutional engineering in Nigeria. It is asserted that the drafting of constitutions is a recurring decimal in Nigeria’s chequered political history. Right from the colonial period‚ Nigerians were barely involved in the art of constitution making while the British colonial overlords employed constitution making to consolidate their imperial strategies. Post colonial Nigerian
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