Financial institutions are the organizations which perform the essential functions of channeling funds from those with surplus funds (suppliers of funds) to those with shortages of funds (user of funds).Financial institutions are active in today’s global markets include commercial banks‚ insurance companies credit unions‚ finance companies‚ savings and loan associations‚ saving banks‚ pension funds‚ mutual funds‚ and similar organization. Their fundamental role in the financial system is to serve
Premium Finance Bank Investment
iiste.org The Role of Capital Market on Economic Growth in Nigeria (19802008) Usman Owolabi Akeem‚ Phd Faculty of ManagementScience‚PMB4000‚ LAUTECH‚Ogbomoso‚Nigeria e-mail-labisky@yahoo.com‚ Tel:+2348036675099 Abstract The capital markets play important roles in the economy growth of the market. A well functioning market insures that both corporation and investors get or receive fair prices for their securities. It examine the impact of capital market on the Nigeria economy and also examine
Premium Stock exchange Financial markets Stock market
Interests in the study of economic growth and development have been on the increase especially since the middle of the present century. Economic growth results in the expansion of a country’s production possibility curve such that the potential output of the country is increased beyond the previous levels. Thus growth is often defined in terms of a sustained increase in the real per capita income of a country. Simon Kuznets in (Todaro‚ 1885)‚ defined a country’s economic growth as “a long term rise in the
Premium Economic growth Economics Economic development
International Technological University FINN 918 Financial Institutions Final Exam: Answers Textbook: Foundations of Financial Markets and Institutions‚ 4th Edition‚ Fabozzi‚ Modigliani‚ and Jones‚ Prentice Hall‚ 2010‚ | ISBN –13: 978-0-13613531-9 | ISBN –10: 0-13-613531-5 | 1. Indicate whether each of the following instruments trades in the money market or the capital market: a. General Motors Acceptance Corporation issues a financial instrument with four months to maturity. b
Premium Bond Mutual fund Hedge fund
Igbinedion University Okada Eighth Convocation Lecture By Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production
Premium Economy Economics Economic growth
propose a research topic and Justify it choice. Proposed Research Topic: The Role and Impact of Microfinance Institutions on Ghana’s Economy. Topic Area: The topic is on Microfinance and the Impact It has on Ghana’s Economy. Microfinance is often defined as financial services for poor and low-income clients offered by different types of service providers. Microfinance encompasses the provision of financial services and the management of small amounts of money through a range of
Premium Poverty Bank Microfinance
IMPORTANCE OF FINANCIAL INSTITUTION TO NIGERIA ECONOMY Nature and Role of Financial Institutions in the Economy 1. Nature of financial institutions Financial institutions are the organizations which perform the essential functions of channeling funds from those with surplus funds (suppliers of funds) to those with shortages of funds (user of funds).Financial institutions are active in today’s global markets include commercial banks‚ insurance companies credit unions‚ finance companies‚ savings
Premium Bank Financial services Investment
They conduct research‚ make investment recommendations‚ and conduct purchase and sale of securities. They reduce transaction and information costs: more efficient. Act as asset transformers: FI purchase financial claims issued by corporations and finance these purchases by selling financial claims to household investors. FIs are better at resolving the issues of information cost‚ price risk and liquidity risks FIs as delegated monitor and information provider Secondary claims are more liquid
Premium Insurance Balance sheet Asset
TAXATION AS AN INSTRUMENT OF ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA BY MOHAMMED NASIR MOHAMMED 08/02AC039 AUG‚ 2012 CERTIFICATION This research work has been read and approved as meeting the requirement for the award of Bachelor of Science (Hons.) degree in the Department of Accounting‚ College of Management sciences‚ Al-Hikmah University of Ilorin‚ Ilorin. …………………………… …………….. Mr. A.B Uthman
Premium Tax Taxation
OF RESEARCH Unregulated Financial Institutions and their impact on the Jamaican Economy. PROBLEM STATEMENT The Jamaican Society has been overrun by an unprecedented proliferation of unregulated financial institutions; what are the effects of these institutions on the Jamaican economy? PURPOSE OF STUDY The purpose of the study is to determine the effects of these institutions on the Jamaican economy/society (individuals‚ regulated banking institutions‚ government). The objective
Premium Investment Ponzi scheme Charles Ponzi