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Engendering Economic Growth Through Efficient Debt Management In Nigeria: A Critique Of 1986-2012 Experiences - Iheanacho Eugene

Engendering Economic Growth Through Efficient Debt Management In Nigeria: A Critique Of 1986-2012 Experiences – Iheanacho Eugene

The act of borrowing creates debt. Debt, therefore, refers to the resources of money in use in an organization which is not contributed by its owners and does not in any other way belong to them (Udoka and Ogege, 2012). When a government borrows, the debts are a public debt. Debts are incurred by government through borrowing in the domestic and international markets to finance domestic…

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The Role Of Accountants And Auditors In Fighting Corruption In Today’s Ever Changing World – The Nigeria Experience - N. O. Dibia

The Role Of Accountants And Auditors In Fighting Corruption In Today’s Ever Changing World – The Nigeria Experience – N. O. Dibia

This paper on the Role of Accountants and Auditors in Fighting Corruption in today’s ever changing world – the Nigeria experience is structured into five sections namely, nature and meaning of corruption; corruption and the Nigeria experience; accountancy and the internal audit profession; responsibility of accountants and auditors.  In this paper, we focused on the role of both accountants and…

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The impact of gross fixed capital formation on Economic growth in Nigeria: A Parsimonious Error Correction Modelling - A. E. Agugua & O. Nathclinton Eke

The impact of gross fixed capital formation on Economic growth in Nigeria: A Parsimonious Error Correction Modelling – A. E. Agugua & O. Nathclinton Eke

The rate of growth in Nigerian economy cannot be fully analyzed without a closer look at the contribution of capital formation to Nigeria’s economic growth.  This is in the understanding that capital formation has been recognized as an important factor that determines the growth of Nigerian economy (Bakare, 2011).

Capital formation refers to the proportion of present income saved and invested…

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An Investigation of The Industrialization - Economic Growth Nexus In Nigeria - Ben M. Ogbonna

An Investigation of The Industrialization – Economic Growth Nexus In Nigeria – Ben M. Ogbonna

The pace of structural transformation as well as diversification of any economy hinges on the catalytic role of its industrialization processes.  As a deliberate and sustained application of appropriate technology, infrastructure, managerial expertise and combination of other vital resources, industrialization occupies a special place of pride in the growth and development efforts of nations of…

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Improving The Competitiveness of Nigerian Goods in The Ecowas Region: The Importance of Standardization and Quality Control - Prof. I. C. Okonkwo

Improving The Competitiveness of Nigerian Goods in The Ecowas Region: The Importance of Standardization and Quality Control – Prof. I. C. Okonkwo

While it is legitimate to look at trade from the point of view of the balance of payments, and to regard the balance of payment as a development problem that can be solved by new trade policies, the benefit from trade in traditional trade theory is not measured by the Foreign exchange earned but by the increase in the value of output and real income from domestic resources that trade permits.…

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RESTRATEGISING NIGERIA’S INDUSTRIALISATION AND INDUSTRIAL POLICY FOR ECONOMIC RECOVERY: LESSONS FROM SOUTH KOREA - Ben M. Ogbonna & Kalu E. Uma

RESTRATEGISING NIGERIA’S INDUSTRIALISATION AND INDUSTRIAL POLICY FOR ECONOMIC RECOVERY: LESSONS FROM SOUTH KOREA – Ben M. Ogbonna & Kalu E. Uma

Prior to Nigeria’s independence in 1960, industrialisation was not given much attention by the colonial masters as specific policy for such was not articulated. Liedholm (1970) posits that certain types of manufacturing activities (domestic textile milling and palm kernel processing industries among others) were not encouraged by the colonial government. Instead export of palm kernel was made…

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EXCHANGE RATE FLUCTUATIONS IN NIGERIA: ANY IMPACT ON THE ECONOMY? - Dr. Ben M. Ogbonna & Mr. Onyenze Ndubueze

EXCHANGE RATE FLUCTUATIONS IN NIGERIA: ANY IMPACT ON THE ECONOMY? – Dr. Ben M. Ogbonna & Mr. Onyenze Ndubueze

In all countries of the world, foreign exchange policy is an important policy instrument.

As a very important economic variable foreign exchange rate is used in determining the structural status of any open economy. It is a measure of the relative strength or worth of a domestic currency, as it influences mutual interdependence of countries. It fluctuates from time to time with far reaching…

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MILITATING THE DWINDLING INDUSTRIAL PRODUCTIVITY IN NIGERIA: THE EXCHANGE RATE MANAGEMENT OPTION

MILITATING THE DWINDLING INDUSTRIAL PRODUCTIVITY IN NIGERIA: THE EXCHANGE RATE MANAGEMENT OPTION

ABSTRACT

Enhancing the industrial productivity and hence, the economic growth rate of Nigeria have become very pertinent issues in the efforts of the country to attain the millennium development goals and vision 2020.

The role of the exchange rate management in this regard has been highlighted. This research work has identified low industrial productivity and economic growth rate to factors…

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GLOBAL FINANCIAL CRISIS AND RURAL HOUSEHOLD POVERTY: EXPERIENCE OF NDEM RURAL COMMUNITY IN NIGERIA

GLOBAL FINANCIAL CRISIS AND RURAL HOUSEHOLD POVERTY: EXPERIENCE OF NDEM RURAL COMMUNITY IN NIGERIA

ABSTRACT

Concerns on the negative impact of the global financial crisis on rural household poverty necessitated this study. Evidence shows that the rural households affected depend on remittances. This led to the choice of Edem Community in Nsukka of Enugu state of Nigeria as the study area. The 2009/2010 and 2011 Community Based Monitoring System surveys were adopted. Factor analysis and…

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ASSESSMENT OF THE RESPONSE OF PER CAPITA GROWTH TO REMITTANCE NET-FLOW IN NIGERIA

ASSESSMENT OF THE RESPONSE OF PER CAPITA GROWTH TO REMITTANCE NET-FLOW IN NIGERIA

ABSTRACT

This sets out to assess the response of per capita growth to remittance net-flow in Nigeria from 1980 to 2015. The study employed V AR impulse response methodology using the data from World Bank Remittance fact book, Central Bank of Nigeria statistical bulletin and the World Bank indicators. Result from the analysis showed that per capita growth respond most often positively to shocks…

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MONETARY POLICY TRANSMISSION MECHANISM IN NIGERIA: AN OVERVIEW

MONETARY POLICY TRANSMISSION MECHANISM IN NIGERIA: AN OVERVIEW

ABSTRACT

The paper highlighted monetary policy transmission mechanism in Nigeria focusing on empirical studies and happenings in the country that retarded the efficiency of the Central Bank of Nigeria over the years in the pursuant of effective transmission mechanism. The empirical reviews from studies show that interest rate, credit channels and exchange rate are among the channels of…

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THE APPRAISAL OF THE CAUSAL RELATIONSHIP BETWEEN SAVINGS AND INVESTMENTS IN NIGERIA

THE APPRAISAL OF THE CAUSAL RELATIONSHIP BETWEEN SAVINGS AND INVESTMENTS IN NIGERIA

ABSTRACT

The study investigated the causal relationship between domestic saving and investment in Nigeria from 1980-2012. Time series data was obtained from Central Bank of Nigeria Statistical Bulletin (2012). Augmented Dickey-Fuller test for stationarity was employed to ascertain the time series property. The outcome led to test for co-integration using Johansen test which showed long-run…

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Nigerian winger scores as Arsenal lost 3-2

Nigerian winger scores as Arsenal lost 3-2

Nigerian winger, Nathan Butler-Oyedeji on Saturday scored for Arsenal in their 3-2 defeat to Blackburn Rovers in an Under 18 Premier League Cup fixture.

Mazeed Ogungbo scored the first goal of the match for Arsenal after 21 minutes but goals from Horlock, Lonsdale and Zimba gave Blackburn Rovers a 3-1 lead.

However, Butler-Oyedeji pulled a goal back for the young Gunners in the first minute…

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Salah fires Liverpool to comeback win over Spurs

Salah fires Liverpool

Liverpool’s Egyptian midfielder Mohamed Salah celebrates after scoring a penalty during the English Premier League football match between Liverpool and Tottenham Hotspur at Anfield in Liverpool, north west England on October 27, 2019. (Photo by STRINGER / AFP) Mohamed Salah ensured Liverpool survived a major scare with the winner in a 2-1 win over Tottenham Hotspur that saw the Premier League…

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Man Utd Cruise Past Norwich Despite Missing Two Penalties

Man Utd Misses Two Penalties

Manchester United finally ended their dismal Premier League away record with an emphatic 3-1 win at Norwich despite missing two penalties on Sunday.

Scott McTominay fired United into a first-half lead before Marcus Rashford and Anthony Martial each netted –- and then both missed VAR-awarded penalties.

United not only halted an eight-month wait for an away league win, they did it with the…

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Is She The First To Get Pregnant For Davido? - Troll Attacks Chioma

Is She The First To Get Pregnant For Davido? – Troll Attacks Chioma

Davido’s fiancee, Chioma took to Instagram to share a throwback photo of herself a throwback photo of herself looking slimmer when she was 5 months old pregnant.

Davido’s third babymama, Chioma Avril Rowland

The chef also revealed she couldn’t eat anything during her first and second trimester.

The post, however, seemed to have irked a web user, @ukaigwekelechi who felt the mother of…

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BBNaija: Mercy Receives 4-Bedroom Duplex Gift

#BBNaija: Mercy Receives 4-Bedroom Duplex

Big Brother Naija winner, Mercy has just been gifted a four-bedroom duplex by billionaire couple, Ned and Ichechi Okonkwo.