3901. LOCAL PRODUCTION AND IT IMPACT IN NIGERIA ECONOMY

Background of the study: The structure of the Nigerian economy is typical of an underdeveloped country. Over half of the gross domestic product (GDP) is accounted for by the primary sector with agriculture continuing to play an important role. The oil and gas sector, in particular, continues to be a major driver of the economy, accounting for over 95 per cent of export earnings and about 85 per cent of government revenue between 2011 and 2012. The sector contributed 14.8 and...

3902. LOAN SYNDICATION: A SOURCE OF BUSINESS FINANCING IN NIGERIA

ABSTRACT: This study was carried out to examine loan syndication: a source of business financing in Nigeria with special reference to GTBank and Access Bank. Specifically, the study aims to  examine the general terms of the various issue involved in Loan syndication,  find out whether Loan syndication is really a new approach to or another Loan syndication can help in industrial development of the country and  examine the extent of penetra...

3903. LIQUIDITY PROBLEMS IN COMMERCIAL BANKS

​​​​​​Background of the study: Banking operation which can be traced back to the early colonial period has helped in economy growth and development of a country. In Nigeria, the existence of commercial banking started with the establishment of African Banking Corporation in 1892. The purpose of this was to distribute British currency in Lagos and other areas or district. In 1894, the British bank for West Africa was formed which took over the functions of the African Banking...

3904. LIQUIDITY MANAGEMENT IN BANKS: A STUDY OF SELECTED COMMERCIAL BANKS IN NIGERIA (2000-2009)

Background of the study: The whole concept of banking is built upon confidence in the liquidity of the bank. Liquidity management is critical in the banking operations. Customers place their deposits with a bank, confident that they can withdraw the deposit when they wish. If the ability of the bank to pay out on demand is questioned, all its business may be lost overnight. Generally speaking, liquidity refers broadly to the ability to trade instruments quick...

3905. KWAME NKRUMAHS CONSCIENCISM: A PHILOSOPHICAL ANALYSIS

BACKGROUND OF THE STUDY: According to African statesmen, the whites even after granting independence to the colonies they were governing left as a parting gift to the Africans the concept of neo-colonialism. Neo-colonialism is a situation whereby the black man feels inferior to the Europeans and derives psychological satisfaction only by associating with them. Even till today, traces of neo-colonialism are still visible. The African never values any product that is of African...

3906. THE ROLE OF REMITTANCES IN THE FINANCIAL DEVELOPMENT OF NIGERIA (1978-2018)

Background of the study: Remittances refer to monetary transfers made by individuals residing in foreign nations to their family and acquaintances in their countries of origin. They represent a significant contributor to the financial development inside a specific country. Remittances refer to monetary transfers made by individuals residing abroad to their home countries. Remittances in numerous economically disadvantaged nations are quantified in billions of dollars, occasionally consti...

3907. THE EFFECT OF HUMAN RESOURCE PLANNING ON ORGANIZATIONS PERFORMANCE IN ACCESS BANK

The contemporary corporate landscape is characterised by a high level of competitiveness, wherein the ability to survive and maintain long-term viability has become increasingly elusive for numerous organisations. The genesis of this competition can be attributed to the exponential expansion of technology and the overwhelming abundance of information accessible to contemporary corporate organisations. According to Makinde (2014), the implementation of this has resulted in an enhancement in th...

3908. AN EXAMINATION OF INTERNAL CONTROL SYSTEM AND BANK FRAUD PREVENTION IN NIGERIA BANKING INDUSTRY

Background of the study: The significance of internal control in Nigerian banks cannot be overstated. It is now considered a crucial aspect of organisational strength. This is primarily because a well-functioning control system is essential for maintaining an efficient accounting system. The importance of internal control systems in organisations, particularly banks, cannot be underestimated. This is because the banking sector plays a critical role in the economic develo...

3909. INFLUENCE OF SCHOOL ENVIRONMENT ON THE ACADEMIC PERFORMANCE OF SECONDARY SCHOOL STUDENTS IN LAGOS STATE

Background of the Study: The various components of the school environment, such as classrooms, libraries, technical workshops, laboratories, teacher quality, school management, teaching methods, and peers, have been identified as factors that can influence students' academic achievement (Ajayi, 2001 and Oluchukwu, 2000). Therefore, it is crucial to thoroughly examine and effectively oversee the school environment in order to improve students' academic...

3910. AN APPRAISAL OF THE IMPACT OF INFLATION ON NIGERIA ECONOMIC ACTIVITIES

BACKGROUND: Inflation can be defined as the persistent or continuous increase in the general price level Mr. Thoney Croft former chancellor of the exchequer (minister of finance)  focuses   defined inflation “too much money chasing few goods” for about three decades now, inflation is a hydro-head problem that is so difficult to eliminate in Nigeria. Infact it has been a topic  of major debate among economist in N...

3911. IMPACT OF SOCIAL MEDIA ON STUDENTS’ ACADEMIC PERFORMANCE AMONG SENIOR SECONDARY SCHOOL STUDENTS

Background of the study: The age in which teachers were considered as repositories of information has become obsolete. The rapid pace of global progress can be attributed to the continuous advancements in technology. Significantly, technology encompasses the domains of information and communication, which may be characterised as the manipulation and manipulation of various forms of information (including texts, photos, graphs, and instructions) through the utilisation of electronic and commun...

3912. THE ROLE OF INTERNAL AUDIT AS A MANAGEMENT TOOL FOR ENHANCING ORGANIZATIONAL FINANCIAL PERFORMANCE

BACKGROUND OF THE STUDY: The selection of the research topic indicates the researcher's intention to investigate the efficiency and effectiveness of internal audits in various corporate organisations, including banks, manufacturing companies, and government parastatals. Through the findings of this study, the researcher aims to contribute to the development of established policies and procedures, ultimately enhancing the integrity and dependability o...

3913. IMPACT OF THE MONEY MARKET IN THE GROWTH OF NIGERIA IN ECONOMY

BACKGROUND OF THE STUDY: The financial system of any financial company provide the catalyst through financial intermediation for productive activities to ensure economic growth and development Olowo (2008).

The Nigerian financial sector is undoubtedly the most important in the political economic system because it provides the necessary lubricant that keeps the wheel of the economy turning and it is an engine for economic growth. The sector provides fund for investme...

3914. IMPEDIMENTS IN ADOPTING INTERNATIONAL FINANCIAL REPORTING STANDARD IN NIGERIA

ABSTRACT: This study was carried out to examine impediments in adopting international financial reporting standard in Nigeria with special reference to Federal Pay Office, Benin and Office of the Auditor-General for the Federation, Benin City.  Specifically, the study aimed to find out the impediments in adopting (IFRS) International Financial Reporting Standards in Nigeria. The study employed the survey descriptive research design. A total of 77 responses were validated f...

3915. IMPACT OF QUANTITATIVE TOOLS OF MONETARY POLICY ON THE PERFORMANCE OF DEPOSIT OF COMMERCIAL BANKS IN NIGERIA

ABSTRACT: This study focused on examining the effects of quantitative policy instruments on the deposit performance of commercial banks in Nigeria, namely First Bank of Nigeria Plc and First Inland Bank Plc. In order to guide the trajectory of the economy, government authorities utilise several economic policies, including monetary policy. Banks serve as the intermediary institutions through which the government executes monetary policy,...

3916. INVENTORY MANAGEMENT AND CONTROL IN A MANUFACTURING ORGANIZATION

Abstract: Efficient and effective inventory control and management play a crucial role in the sustainability and success of any organisation. Inventory is a term that refers to a collection of idle resources that hold economic value. These resources can be classed in several ways. Production inventories refer to the assortment of raw materials, parts, and components that are utilised in the manufacturing process of a company's products. Maintenance, repair, and opera...

3917. INSURANCE INDUSTRY AND RISK MANAGEMENT IN NIGERIA

OVERVIEW OF THE STUDY: The uncertainty which doubt the future is a significant that normally bring in the element of risk in any business arrangement. The existence of risk in any concern simply means that certain loss must arise if the risky event happens. A contract of insurance broadly happens. A contract of insurance, broadly speaking is a contract in which one party called the insurer agrees to pay a given sum of money upon the happening of a particular event insured aga...

3918. INFLUENCE OF CLASSROOM SIZE ON ACADEMIC PERFORMANCE OF SECONDARY SCHOOL STUDENTS IN NIGERIA

Abstract: This research was performed to examine the influence of class room size on academic performance of secondary school students in Nigeria since classroom congestion and low utilization rate of classrooms are common features of secondary schools in Nigeria which have negative impact on both secondary school teacher productivity, student learning input and secondary school student academic performance that at the end influences the reputation of a school.

3919. THE IMPACT OF UNEMPLOYMENT ON ECONOMIC GROWTH IN NIGERIA (1970-2010)

Abstract: Unemployment is a phrase used in economics to describe a scenario in which individuals who are actively seeking employment are unable to secure job opportunities. The measure of unemployment is commonly represented as a proportion, denoted as a percentage, relative to the entirety of the labour force that is now available for employment. The rate of unemployment exhibits fluctuations in response to economic situations and many contextual factors. This phenomeno...

3920. IMPACT OF MOTHER TONGUE ON STUDENTS PERFORMANCE IN ENGLISH LANGUAGE

The background of the study: The significance of acquiring skill in the English language as a foundation for achieving competence in other academic areas cannot be overstated. The acquisition of knowledge holds significant importance in the realms of education, economy, and national growth within a country.

The significance of English language as a subject in educational institutions mostly stems from its practical relevance within the broader Nigerian culture. English serves as the...

3921. IMPACT OF MACRO ECONOMICS VARIABLES ON FIRMS’ PERFORMANCE IN NIGERIA

ABSTRACT: Nigeria  has experienced vibrant activity relating to the acquisition of local firms by Private enterprises (PE) and the size of PE transactions. Some notable PE firms are well known and are listed on the NSE. PE as its name suggests, is very reclusive, private and confidential in nature; and the exact information about financial deals are difficult to ascertain. The research objective was to establish the effect of macroeconomic variables...

3922. IMPACT OF INTEREST RATE CHANGES ON EFFECTIVE PRICING OF BANK CREDIT IN NIGERIA

Background of the Study: Operators in the banking system argue that the pegging lending rate at the present level by the Central Bank of Nigeria (CBN) is not realistic as it is not market determined especially urban considered against the cost of deposits (term deposits and saving account) as the rate of inflation, financial and business risks.

However, it is argued that the Central Bank of Nigeria (C.B.N) sometimes reacts to the face of persistence of excess bank r...

3923. IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON BANKING SECTOR

Abstract: The banking industry of the 21st century operates in a complex and competitive environment characterized by ever-changing economic and financial environment with information and communication technology (ICT) at the center of this change. As Information Technology is vital in banking operations today, it becomes imperative for banks to realize its impact on operational performance in order to justify capital investments. The objective of this work was to examine how...

3924. IMPACT OF INDUSTRIAL TRAINING ON BANKING FINANCE STUDENT

Background of the study: As a result of Increasing School Leavers Unemployment in the 1970s the Nigerian Government introduced the new National Policy on Education in 1981. A major provision of the policy was the Introduction of the training of Banking and Finance Studies of Junior Secondary School (JSS) Level with emphasis on total acquisition of practical skills valve and knowledge that would enable Individuals live meaningfully in the society.
One of the reason for...

3925. IMPACT OF FRAUDS AND FORGERIES ON THE NIGERIAN BANKING INDUSTRY

ABSTRACT: This study examines the impact of frauds and forgeries on the banking industry in Nigeria. One of the major characteristics a bank must possess is that its customers must be able to have unflinching and undoubted confidence in the banking the banking system, but due to the act of fraud and forgeries, this confidence has been reduced to the barest level, this does not affect the banking sector alone, but the long-term effect in on economy as goo...