EBONG GROUP MANAGING DIRECTOR/CHIEF EXECUTIVE UNION BANK OF NIGERIA PLC ABSTRACT Against the backdrop of the role of banks as financial intermediaries and their function as the engine of growth of the economy‚ this paper examines the extent to which the banking industry has helped to stimulate economic activities in Nigeria and what the prognosis looks like in the post-consolidation era. The paper notes that the banking industry in Nigeria witnessed a remarkable growth in terms of deposit base‚ number
Premium Bank Economic growth Fractional-reserve banking
Chapter 2 Sources of Innovation SYNOPSIS OF CHAPTER In this chapter consideration is given to the role of creativity as the underlying process for the generation of novel and useful ideas. Individual creativity is considered to a function of intellectual abilities‚ knowledge‚ thinking styles‚ personality traits‚ intrinsic motivation and environment. Firm creativity is more than the sum of member creativity. Firm creativity is also a function of the organizational structure and the strategic
Premium Innovation Research Creativity
always look for different sources of finance that can help them maintain and develop the businesses. There are various sources of finance that the companies need to consider in particular cases. Each source has it own advantage and disadvantage and different source will be more advantage in different case. Sources of finance are divided into 2 main kinds depend on the length of the sources and the amount of money: Long term and short term sources I. Long term sources of finance: 1. Share
Premium Debt Venture capital Bank
Methods of Revenue Recognition 1. The Accrual Method of Revenue Recognition The most common revenue recognition system is based on the accrual method. Under this approach‚ if the revenue recognition rules presented in the last section have been met‚ then revenue may be recognized in full. In addition‚ expenses related to that revenue‚ even if supplier invoices have not yet been received should be recognized and matched against the revenue. The name of this method does not imply that the revenue
Premium Generally Accepted Accounting Principles Construction Project
Closed Source vs. Open Source Seacratz‚ Top POS/355 March 20th‚ 2013 Les Brown Closed Source vs. Open Source The following text will describe the differences between open sourced and closed source operating systems. An example of an open sourced operating system is Linux operating system. An operating system that uses closed source code is Windows 2000. In an Internet video‚ Santiago (2012) states that‚ Open source software or operating systems are systems that provide source code to the
Premium Source code Free software Operating system
majority of the people have been hijacked by a few powerful individual who now control land and land resources in collaboration with multinational companies. In most part of southern Nigeria‚ particularly the Niger Delta region‚ the administration of Landwas carried out under the customary tenure. At this point of time Nigeria was under military dictatorship.Following are a couple of the drawbacks of the Act: 1)Power of Governor to revoke rights of occupancy. The main fault of the Land Use Act
Premium Management Risk Contract
THE BASICS OF REVENUE MANAGEMENT IDeaS © 2005 Integrated Decisions and Systems‚ Inc. ID-MK-100102-v1-YMBasic The Basics of Revenue Management by IDeaS TABLE OF CONTENTS TABLE OF CONTENTS ..................................................................................................................2 WHAT IS REVENUE MANAGEMENT? ........................................................................................4 When Is Its Use Appropriate? ......................................
Premium Microeconomics Marketing Revenue
Algebra I Cost-Revenue Business Project This project is designed for you to demonstrate your understanding of systems of linear equations. Before starting‚ read the entire project outline and requirements. During this project you are to do the following: 1) Pair up with a partner and create a business that sells one commodity of your choice (points for creativity). 2) Create a Market Research Survey that will be used to survey 50 students to help you discover what potential customers are looking
Premium Variable cost Costs Fixed cost
Climate Change in Nigeria Climate change has always occurred in different Nigeria; however the effects have become more noticeable recently over the years. The effects have affected the daily lives of many for better or worse. A peer reviewed research done by an unknown source‚ which was accepted by the Journal of Geography and Regional had concluded that the average temperature of Nigeria has increased by 1.7°C in the period of 1901-2005. The increase has however been higher in semi-arid areas
Premium Weather Nigeria Lagos
University of Phoenix Material Reliable Sources Worksheet Locate two sources in the University Library on a topic of your choice. Provide the required information for both sources. Source 1 Author: Crupi‚Jeffrey Date: March 2004 Title: Weight Lifting Publication: Teaching Pre K-8 Write a 100- to 150-word response to each of the following questions: Is the source reliable? How do you know? This source is reliable; he is certified fitness specialist with a degree from Marymount
Premium Source