Accounting‚ Banking & Finance Delta State University‚ Asaba Campus. Delta State Nigeria. & Akujuobi‚ L.E (Ph.D) Department of Financial Management Technology (FMT) School of Management Technology Federal University of Technology‚ Owerri (FUTO) PMB 1526 Owerri‚ Imo State‚ Nigeria ABSTRACT This paper attempts to examine whether or not one of the preconditions for a successful inflation – targeting framework is present in Nigeria and Ghana. That is‚ the paper wants to find out whether or not a stable and
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Public Private Partnership (PPP or simply P3) - Nigeria’s New Paradigm for infrastructure Development By Bob M. Achanya President‚ Kogi PPP Forum Cooperative‚ North Central Nigeria. Introduction Public private partnership (PPP) has recently gained prominence as a term to describe a business relationship in which public and private resources are blended to achieve a goal or set of goals judged to be of mutual benefit both to the private entity and to the public. According to the UNECE (2008)
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in a rented apartment while she is carrying that bag o.” The truth is‚ this is now the norm in the entertainment industry. People try so hard to live the glamorous life‚ thus struggling on a daily basis to maintain the high life. Entertainers in Nigeria today now want to live like our American counterparts who obviously earn more money and have a better structured system where they are paid royalties. A system where credit facilities are available‚ such that you can drive a $100‚000 car without having
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REGULATIONS OF FINANCIAL REPORTING IN NIGERIA INTRODUCTION Regulation of accounting information is aimed at ensuring that users of financial statements receive a minimum amount of information that will enable them take meaningful decisions regarding their interest in a reporting entity. The bodies responsible for these regulations are often statutory agencies such as the Financial Reporting Council‚ Securities and Exchange Commission and the
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BANKING IN NIGERIA-1 Nigerians‚ like many other Africans are generally known as their brother’s keepers in view of the extended family system. But when truly analyzed‚ there is a possibility that this may not be so? Perhaps a hypothetical deep may reveal that not up to 10% of Nigerians would invest in ventures or people that would yield them nothing in return and here I mean‚ “Returns in the short run or in the immediate”. The returns may be financial‚ emotional‚ spiritual‚ relational or social. But fact
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risk of Nigeria. In this regard we have identified their culture‚ people‚ economy‚ investment‚ opportunity‚ some key problems like Corruption‚ bureaucracy‚ piracy‚ Counterfeit‚ Criminal activities and fraud‚ legal safeguards etc. This paper also intends to show the regulatory framework issue‚ micro economic and macroeconomic issue to give a detailed picture of the Nigerian business Risk. But there are also upside risks especially to inflation‚ which could create challenges for Nigeria given emerging
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Compare & Contrast Report on Guatemala and Nigeria – Teams 3 & 4 Section 1 – Introduction The following report is a compare and contrast of the viability for starting a business in either Guatemala or Nigeria. It will also include some details on the overall business climate of both countries and other geographic‚ social‚ and economic factors. Factors that we will discuss include standards of living‚ education‚ overall economy‚ infrastructure‚ communication‚ transportation‚ geographic‚ climate
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POPULATION GROWTH The absence of virtually any reliable current demographic data has not prevented national and international bodies from generating estimates and projections of population and population growth in Nigeria. The World Bank estimate of Nigeria’s 1990 population was 119 million‚ with an estimated annual growth rate of 3.3 percent. Although other sources differed on the exact figure‚ virtually all sources agreed that the annual rate of population growth in the country had increased from
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Throes of Floods‚ in: The Guardian‚ Thursday‚ October 8‚ pp: 9. Durotoye‚ B.‚ 1999. Human Occupation of Hazard Areas in Nigeria‚ in: Oshuntokun‚ A. (ed.) Environmental Problems of Nigeria. Lagos: Friedrich Ebert Foundation. Edward-Adebiyi‚ R.‚ 1997. The Story of Ogunpa‚ in: The Guardian‚ Saturday‚ May 17‚ pp: 5. Folorunsho‚ R. and L. Awosika‚ 2001. Flood Mitigation in Lagos‚ Nigeria Through Wise Management of Solid Waste: a case of Ikoyi and Victoria Islands; Nigerian‚ Paper presented at the UNESCO-CSI
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colonies (Metz 17). Due to the involvement of European nations in the slave trade‚ it caught the attention of other empires – in this case the British – who then became interested in the region and led expeditions to the area. The British entered Nigeria in the 1800s with hopes of military rule‚ trade power‚ and missionary influence (Metz 15). They also came in search of higher luxuries: gold; around this time the area was rumored to have many gold deposits and was known as the “Gold Coast”. Throughout
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