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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The Federal Republic of Nigeria‚ is a federal constitutional republic comprising 36 states and its Federal Capital Territory‚ Abuja. The country is located in West Africa. The name Nigeria was taken from the Niger River running through the country. Nigeria is roughly split half and half between Muslims in the North and Christians in the South; a very small minority practice traditional religion. The people of Nigeria have an extensive history. Archaeological evidence shows that human habitation
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TAXATION AND FISCAL REGULATIONS IN NIGERIA INTRODUCTION The Nigerian Tax System has undergone significant changes in recent times. The Tax Laws are being reviewed with the aim of repelling obsolete provisions and simplifying the main ones. Under current Nigerian law‚ taxation is enforced by the 3 tiers of Government‚ i.e. Federal‚ State‚ and Local Government with each having its sphere clearly spelt out in the Taxes and Levies (approved list for Collection) Decree‚ 1998. Of importance at this juncture
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3. The Revenue Cycle The revenue cycle is a set of four business activities: Sales order entry‚ shipping‚ billing and cash collections. To each of these activities there are related administrative organisational activities. It is all associated with providing the goods and services of a company to their customers and collecting the payments for these sales. Information about the revenue cycle activities also flows to the other accounting cycles which are: the expenditure cycle‚ the production
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Every privately owned company’s goal is to minimize their costs as much as possible. Museums‚ which are operated similar to private companies‚ have the same goal. In order to decide where to allocate their capital a museum must asses some essential questions such as what attracts visitors to their museum‚ what is the opportunity cost to allocating capital to one resource over another and how the museum can maximize the use of the funds spent. These questions depend on many external‚ constantly changing
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serious challenge to governments in Nigeria. Its effects‚ which include lack and deprivation in the basic necessities of life‚ are worrisome. Apart from inducing lack of certain capabilities‚ such as that of being able to participate with dignity in societal endeavours‚ poverty has earned recognition due to its damaging effects on the affairs of humanity at the local‚ national and international levels. Indeed‚ poverty is a snare. Among the committee of nations‚ Nigeria has been described as poor. Even
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Using EXCEL for Asset Allocation and Performing Market Efficiency Studies 1. Introduction There are several features in EXCEL that are very useful for asset allocation and performing market efficiency studies. These features used in conjunction with live or historical data allows one to apply the sophisticated techniques discussed in this class in practical situations. This write-up will introduce students to the various mathematical and statistical functions available in EXCEL and explain
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Stakeholders in Sustainable Business Transformation Charmaine Catroppa Thompson Rivers University Open Learning ADMM 460: Business and Society Assignment 3: Research Report on Issues Related to the Construction of the Three Gorges Dam and the Sustainable Development Initiatives of Royal Dutch Shell. Student #: 100098805 September 2008 TABLE OF CONTENTS Part A: Discussion Case on “Damming the Yangtze River” 3 Conflicting Social Costs 3 Conflicting
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Nigeria‚ a country in West Africa‚ was one of the leading producers of palm oil‚ cocoa‚ and groundnuts‚ that had the potential of becoming a powerful nation. However‚ in 1885‚ European powers‚ such as Portugal‚ France‚ Britain‚ Germany‚ Spain‚ Italy‚ and Belgium‚ gathered all together at the Berlin Conference‚ deciding on which African colony they were each going to take over. This was the beginning of New Imperialism. During the Scramble for Africa‚ many African regions were colonized by European
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Living in Canada vs. living in Nigeria Outline Paragraph 1: intro and thesis Thesis statement: There are a few similarities between Canada and Nigeria‚ but Nigeria differs from Canada in many ways. Paragraph 2: Topic sentence 1- the language and culture-collectivism and individualism Paragraph 3: Topic sentence 2- the wealth of both countries i.e. natural resources‚ agriculture (cash crops) Paragraph 3: Topic sentence 3- The government: - how well both of the countries manage their wealth and care
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