Increased emphasis was put on the development of equity markets. India also followed this path. Stock markets grew rapidly in India during the late 1980s and early 1990s. Capital markets have taken a prominent place in the developing countries financial system during the last decade. Given this backdrop‚ it is important to assess the impact of stock markets on a countrys economic development. One of the most obvious and direct effect of the stock market is on the corporate sector of a country
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CONTENTS Message of Chief Minister of Orissa Message of Minister‚ Women & Child Development Message from Asst. Country Director‚ CARE-INDIA Message from CGM‚ NABARD Regional Office‚ Bhubaneswar Message from CGM‚ SBI Local Head Office‚ Bhubaneswar Message from GM‚ SIDBI‚ Regional Office‚ Bhubaneswar Message from DGM‚ UCO Bank (SLBC)‚ Bhubaneswar Preface of Secretary WCD From the desk of Director‚ Mission Shakti List of Abbreviations Chapter – I : micro-Finance and Women’s
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INJUSTICE IN NIGERIA Over the years and growing up in the dusty sahara threatened landscape of Kaduna {in mid Nigeria}‚ I have often lamented the fate of prisoners who are stripped of their freedom of movement for specific periods of time {and in some glaring cases of inhumanity of man.. for unspecified and unspecific periods}. My young and then innocent mind concluded that depriving prisoners of their freedom as it presently obtains carries along with it a collateral dehumanization of the prisoners
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INSECURITY IN NIGERIA Underlying the quest for national security in Nigeria is the issue of political morality‚ which focuses on the question of defining the relationship between the state and the various groups in the society. Political morality properly construed seeks to establish and sustain the essential conditions for the smooth functioning of the state and society. It is in this light that we identify the problem of the moral basis of Nigeria’s security to be a vital imperative of national
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structure to banking in Nigeria is a relatively recent invention. Prior to 1952 there was no legislation governing the banking system in Nigeria. The British Bank of West Africa (BBWA) started operating in Nigeria by the year 1892. After the BBWA‚ Barclays Bank became the second expatriate bank to operate in Nigeria by the year 1917. The first indigenous bank‚ The Bank of Nigeria was founded in the year 1933 and also operated successfully. After the World War 11‚ British rule over Nigeria weakened with the
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Current Research Journal of Economic Theory 4(3): 53-66‚ 2012 ISSN:2042-485X © Maxwell Scientific Organization‚ 2012 Submitted: November 01‚ 2011 Accepted: November 25‚ 2011 Published: June 30‚ 2012 Foreign Direct Investment and Economic Growth in Nigeria: An Analysis of the Endogenous Effects Okon J. Umoh‚ 2Augustine O. Jacob and 1Chuku A. Chuku 1 Department of Economics‚ University of Uyo‚ Uyo‚ Nigeria 2 Heritage Polytechnic‚ Eket Akwa Ibom State‚ Nigeria Abstract: This research endeavour
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EXPLANATIONS OF THE ECONOMIC SUCCESS OF EAST ASIA NATIONS: Introduction The economic success of the East Asian countries has inspired many economists to study the background of their rapid growth. Interestingly‚ different economists interpret this success in entirely different ways. During the 1970s and an important part of the 1980s advocates of the neoclassical model argued that growth in East Asia was the result mainly of the market mechanism and the emphasis on export promotion in these
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COUNSELLING IN NIGERIA: AN OVERVIEW BY C.N. UGWUEGBULAM‚ Ph.D.‚ JP. ALVAN IKOKU COLLEGE OF EDUCATION‚ OWERRI – IMO STATE‚ NIGERIA AND CUUU KADURUMBA (Ph.D.) COLLEGE OF FOOD PROCESSING AND STORAGE TECHNOLOGY‚ MICHAEL OKPARA UNIVERSITY OF AGRICULTURE‚ UMUDIKE‚ ABIA STATE‚ NIGERIA HISTORICAL DEVELOPMENT OF GUIDANCE AND COUNSELLING IN NIGERIA Man from pre-historic times have been having challenges and solving them. Nigerians in the traditional set-up before the advent of formalized guidance and
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LEADERLESS NIGERIA Chris Bjorklund 434 Threat Analysis February 3‚ 2013 After witnessing one military leader replaced by another‚ the Nigerian people have elected their presidential administration since 1999. Although it is a remarkable achievement in Africa‚ the Nigerian leadership has significant challenges through the next decade. Ever since the emergence of the Nigerian democracy‚ thousands paid the ultimate price due to the polarization along religious and cultural ancestries. Thus
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Home | Instructors | Journals | Contact Us | | JOURNAL OF RESEARCH IN NATIONAL DEVELOPMENT VOLUME 5 NO 2‚ DECEMBER‚ 2007FISCAL POLICY AND NIGERIAN ECONOMIC GROWTHOmitogun Olawunmi and Ayinla‚ Tajudeen A. Department of Economics Olabisi Onabanjo University‚ Ago-Iwoye Abstract This paper has examined empirically the contribution of fiscal policy in the achievement of sustainable economic growth in Nigeria. Using the Solow growth model estimated with the use of Ordinary Least Square method
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