http://peoplesdailyng.com/changing-nigerians-identity-diaspora/ http://olorisupergal.com/nigeria-rich-country-poor-people-by-gbenga-ogunbiyi/#.UpH2I9Lik8o Nigeria is a member of both the Commonwealth of Nations‚ and the African Union. LANGUAGE There are hundreds of languages spoken in Nigeria. The official language of Nigeria‚English The languages spoken in Nigeria are said to be 521. The official language is English while the major ones that are spoken are Hausa‚ Igbo‚ Yoruba and
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Long term finance for corporate and government: The capital market is the market for securities‚ where companies and governments can raise long term funds. Selling stock and selling bonds are two ways to generate capital and long term funds. It provides a new avenue to corporate and government to raise funds for long term. Helps to bridge investment – savings gap: Capital market expand the investment options available in the country‚ which attracts portfolio investments from abroad. Domestic savings
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NIGERIA INTRODUCTION Hello‚ my name is Mesoma Ejeh and I’ll be talking about Nigeria. Off all the feautures of Nigeria that acronym missed a very important one.It’s my home.Probably 98% of this class knows little to nothing about Nigeria so I will cover our foods and drinks‚our people and culture‚our fashion and its impact to the world and Nigeria’s location‚season‚weather and cilmate. For Starters Nigeria is in west Africa.North of Nigeria would be Niger‚ south‚ the Atlantic Ocean and the
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the stock market SERE-EJEMBI‚ (2008). Around the world stock market indicators started falling. The capital market‚ vis-à-vis the stock market‚ is a channel through which national economies receive foreign capital flows that make their tendency towards the global economy easy visible. Developments in the market thus become a reflect ion of global financial development. The level of responsiveness‚ however‚ depends on the level of development‚ exposure and insulation of the domestic market from the
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Prospect theory Prospect theory was developed by Daniel Kahneman and Amos Tversky in 1979 as a psychologically realistic alternative to expected utility theory. It allows one to describe how people make choices in situations where they have to decide between alternatives that involve risk‚ e.g. in financial decisions. Starting from empirical evidence‚ the theory describes how individuals evaluate potential losses and gains. In the original formulation the term prospect referred to a lottery.
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Answer to Question 1: Efficient Market Hypothesis was firstly brought forward by E. Fama in 1960s. Its main believing is in that security prices fully reflect all available information in an efficient market‚ which allows investors to earn no above average risk-adjusted return (Fama‚ 1965). Although some technical studies and opportunistic investors have stretched hard in searching for proofs to challenge the efficient market hypothesis‚ and to prove above average returns could be gained by predicting
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Oyetade P Oluwatoyese CHAPTER ONE 1.0 INTRODUCTION The role of the Nigerian Capital Market in raising or mobilising medium to long term funds for both micro and macro development sub-sectors have been commendable in recent times. The main institutions in the capital market include – the Securities and Exchange Commission (SEC)‚ which is the apex body and serves as the regulatory authority of the market; the Nigerian Stock Exchange (NSE); the Issuing Houses; and the Stock Firms. Stressful development
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NIGERIA The Federal Republic of Nigeria comprises thirty six states and its Federal Capital Territory is Abuja. Nigeria is located in West Africa and shares land borders with the Republic of Benin in the west‚ Chad and Cameroon in the east‚ and Niger in the north. Its coast in the south lies on the Gulf of Guinea on the Atlantic Ocean. The Flag The flag of Nigeria consists of three equal sized vertical stripes - the right and left stripe are green; and the middle stripe is white. The Nigerian
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neoliberal policies implemented by the capitalist class system which wishes to privatize and deregulate different markets in order to continue to prosper. Yet‚ this is not the same as the Nigerian State has ownership over everything. The Nigerian military government and its elite ruling class have come together to create a powerful force that has exploited people‚ land‚ labor‚ resources and markets. The class structure created by the Nigerian governmental system is the fundamental cause of their peoples’
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Summary of the learning points (ranked by importance to you) Today’s class discussed the mental accounting for money management. 1. Prospect theory. The theory can be represented by a value function‚ as shown below. The value function starts from a reference point‚ and is normally concave for gains‚ and convex for losses. It is also steeper for losses than for gains. The theory intends to explain why people behave irrationally when making choices. 2. Framing effect. It refers
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