in Nigeria “Nigeria’s oil production reached 2.1 million barrels per day in 2010.” Nigeria is currently the sixth largest crude oil producer and it is the top oil producer in Africa. Similar to Bougainville Island‚ Nigeria is being exploited by many western countries and their multinational corporations because of their rich natural resource. Oil wasn’t the first thing that was exploited in Nigeria; in 1471 Portuguese traders landed near the Niger Delta‚ the southern tip of Nigeria‚ and
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The economy of Nigeria is a middle income‚ mixed economy emerging market with well-developed financial‚ legal‚ communications‚ transport‚ and entertainment sectors. It is ranked 31st in the world in terms of GDP (PPP) as of 2009‚ and its emergent‚ though currently underperforming manufacturing sector is the second-largest on the continent‚ producing a large proportion of goods and services for the West African region. Previously hindered by years of mismanagement‚ economic reforms of the past
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currency to finance their operation and hence its stock price. Therefore an appreciation of the local currency‚ for example‚ makes exporting goods unattractive and leads to a decrease in foreign demand and hence revenue for the firms and its values would fall which definitely affect stock price and return.
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POLYTECHNICS IN NIGERIA (Scroll down for the list of polytechnics) Polytechnics play a vital role in the educational‚ scientific and technological progress of Nigeria. They are established to train and produce the technical manpower necessary for the execution of the Nation’s development plans‚ goals and strategies. This is a role which they have effectively played since the establishment of the first polytechnic‚ Yaba College of Technology‚ in 1947. The 72 existing and growing polytechnics
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Chapter III Commercial Law I. General Definitions a. Commercial Law→ It designates the whole body of laws & regulations applicable to relations between persons engaged in commerce‚ business or commercial professions. b. Commerce→ The word “Commerce” means the exchange of goods‚ products or property of any kind. It includes: sale‚ purchase‚ exchange of merchandises. c. Internal and International Commerce→ Internal: it is the commerce carried on between individuals or corporations within the same
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RESEARCH ARTICLE ISSN 09764259 Application of Simulation Technique in Queuing Model for ATM Facility 1 2 Vasumathi.A ‚ Dhanavanthan P 1 Assistant Professor‚ VIT Business School‚ VIT University‚ Chennai. 2 Professor and Head‚ Department of Statistics‚ Pondicherry University‚ Pondicherry avasumathi@vit.ac.in ABSTRACT ATM is an automatic teller machine which is used to save the cost and reachability of a bank by satisfying customer needs. Customers can withdraw and deposit money without any paper
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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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Nigeria Essay Located in West Africa‚ Nigeria is the most populous country in Africa and the seventh most populous worldwide. Thanks to its natural resources‚ especially oil‚ its economy is among the fastest growing in the world. From 1901 until its independence in 1960‚ Nigeria was a British colony. Great Britain decided to grant Nigeria its independence because after World War II Nigeria’s economy was very poor. Comprised of over 250 ethnic groups‚ as well as a population that is split religiously
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Discussion of Essay XV‚ “Banks‚ Bookkeeping‚ and the Rise of Commercial Capitalism‚” in Sprezzatura by Richard Jackson Essay XV of Sprezzatura provides a clear and concise description of the development and rise of banking‚ accounting‚ and capitalistic practices. The author‚ Richard Jackson‚ begins the short essay with a brief history of the Vivaldi brothers’ voyage to the West Indies in 1291. The remainder of the essay is organized chronologically and spans from the late 11th century--when Genoa
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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
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