BANK The word “bank” is derived from the word “Bancus or Banque” that is bench. Jews‚ who were considered to be the early bankers‚ transacted their business on benches in the market. As early as 2000 BC Babylonians had developed a system of banks. In ancient Greece and Rome the practice of granting credit was widely prevalent/traces of credit by compensation and by transfer orders are found is Assyria‚ Phoenicia and Egypt before the system attained full development in Greece and Rome. The books
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Joint Africa Institute Seminar on the Role of Parliamentarians in Promoting Good Public Financial Management and Accountability in Africa Tunis‚ November 19-23‚ 2007 Public Financial Management and Corruption[1] Public Financial Management (PFM) ordinarily covers the management of government revenue‚ expenditure and cash. Corruption defined as the diversion of public resources for private use can affect any of these operations‚ at the level of the national and sub-national administrations. This
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ECONOMIES OF SCALE Economies of scale are an important aspect of efficiency in production .Economies of can henceforth be define as ‘the reduction in average costs of production‚ that occur as a firm increases in size’. As businesses grow and their outputs increases‚they commonly benefit from a reduction in average costs of production.Total costs will increase with the increase in output‚but the cost of producing each unit falls as output increases .The reduction
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[pic] [pic] Course code: F-201 Course title: Financial accounting -2 Submitted to: Tahmina Akter Lecturer Department of Finance University of Dhaka Submitted by: |Name | |
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The Medium is the Message There are many things that fill our heads other than our own thoughts in today’s society. Things like social networking sites keep people all over the world updated on the latest fashion trends and technology. While things like ad’s and billboards spread advertisements as far the eye can see. The media is everywhere‚ and it has a great influence on our lives. As said by Marshall McLuhan‚ “Our conventional response to all media‚ namely that is how they are used that counts
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its advantages and disadvantages to Nigeria. Introduction: Nigeria is a country located in West Africa; it has a population of about 160‚027‚000 (World Economic Fact Book 2010). Its main produce is oil and petroleum; the country is also a key producer of rice‚ cocoa and palm-oil in West Africa. (See Appendix 1).Nigeria belongs to a number of economic blocs
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summary of your understanding of the role of project management in today’s business environment. Project management is getting things done on time and under budget and also in scope; Project manager should know the scope very well and it is important to track the process as well. There are so many project management tools available for example Microsoft project server is the best example we can come up with. When the full project scope documented and finalized project managers should divide the scope
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The Nigerian Bank can now fit into the global definition of bank. Consolidation of the Nigerian Banking sector is one of many reforms of the Gen. Obasanjo ’s administration that Nigerians have to embrace happily. (Victor E‚ 2007) Prior to the reforms‚ the industry was highly fragmented‚ with many banks having very small and undiversified capitalisation. With a much higher capitalisation base‚ the Nigerian banking sector will be expected to play an important role in financing economic development
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UNIVERSITY OF NIGERIA SCHOOL OF ARTS AND SOCIAL SCIENCES COURSE CODE: ENG 454 COURSE TITLE: MULTI LINGUALISM COURSE GUIDE ENG 454 MULTI LINGUALISM Course Team Dr. Taiwo Abioye (Course Developer/Writer) – Covenant University Prof. Kunle Adeniran (Course Editor) – University of Ibadan Dr. I. Omolara Daniel (Programme Leader) – NOUN Mr. Theodore O. Iyere (Course Coordinator) – NOUN NATIONAL OPEN UNIVERSITY OF NIGERIA ENG 454 National Open University of Nigeria Headquarters
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Scales of Justice shows a police force where there is a culture of corruption. The parts of the TV program that we saw were made up of two parts‚ The Job‚ and the Game. The Job is about a new probationary officer named Webber‚ and how he is forced to accept the corruption that occurs in the force‚ and ends up getting fired. The Game takes corruption to a new level involving higher powers such as MP’s and non-uniformed officers. They both are good examples of how it is a culture for them. The
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