Right from the time, food, clothing and shelter have been the three most basic requirements of man, of all these three requirements food and clothing are the two, which influence man’s life more than housing in which they seek shelter, security, comfort and dignity. It is infact where man start and ends his daily activities. Housing is mainly the most important factor, which determine the nature and from of urban settlements and the quality of human existence is directly related to... read more

Granting that no country of the world can ever attain an expected level of economic development without a virile and highly productive manufacturing sector makes it imperative that Nigeria as a country must pursue policies aimed at stimulating a rapid growth capable of increasing the productivity of the manufacturing sector and thus, improve national economy. This very important sector transforms our numerous raw materials into marketable finished products that are required in our daily existenc... read more

Government, established bank for development purpose and the role played by banking industry in an economic development cannot be over emphasized Some banks are owned by government for example first bank of Nigeria union bank etc.some by the combination of government and individuals. However, banks in Nigeria and the other countries of the world are established to carry out the following functions. 1, To safeguard money and over valuables. 2, Mobilization of savings and other deposits. 3, E... read more

The burden of tax falls heaviest on those with smallest income earning (odoh, 1998). An accurate record of business transaction and income tax becomes difficult. Some tax collection and assessors are dishonest. There are cases of bribery and corruptions and also the cases of tax collections being prosecuted for misappropriations of funds collected from taxpayers. Sometimes tax collectors went into the remote villages to collect tax but the problem of transportation might increase the difficult... read more

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 the emphasis on Banking and Finance Studies is the ... read more

As man invented tools, weapons, clothing, shelter and language, the need for training because an essential ingredient in the match to civilization. Whether our ancestors stumbled upon, or invented these facets of civilization is of relatively little significance. What is more important is that man has the ability to pass on to others the knowledge and skill gained in mastering circumstances. This was done by deliberate examples, by signs and words. Through these devices, the development process ... read more

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 against to the other party called the insured ... read more

Government polices are used to pursue development objectives of government that bothers on meeting the welfare of the citizens, they could be socially, politically, economically, religious wise, environmentally population and so on. These policies are used to pursue these goals through the use of economic policy. They are open market operation (OMO), moral suasion, special deposit, credit control and discount rate. The banks are one of the financial institutions that formulate the policy objecti... read more

Granting of loans and advances of credit is one of the banks services of investment policies. Among the crucial growth process is the adequate supply of credit to the different economic units to carry on their activities efficiently and smoothly. There is therefore the need for transferring of funds from the surplus units to the deficit units of the economy. In this wise, commercial bank plays vital role in the allocation of financial resources of capital formation. There are many opportunities... read more

The insurance and banking industries, both of which are components of the Nigerian financial system, play very important role in the country. They jointly for the backbone of the economy without which all economic activities would come to a halt or collapse. There is no doubt that the insurance and banking industries contributed to economic growth and development but how and to what extent they do so is the prerogative of this study. In their joint roles as tools for economic development they co... read more

It is a well-known fact that for every economy to thrive, much emphasis needs to be placed on the existing profile of small scale businesses and the funding of the already existing ones. Aside its importance to the economy, it is a sound way of reducing unemployment in Nigeria. Every big business starts as a small business, and it started with an entrepreneur (small business), who at first, earns little or no profit. It was the new ideas of small scale business that brought most big business ... read more

It is very obvious that today in our society, housing is on of he basic needs of humanity it is essentially for this reason that housing has remained central to all national development effort of successive government in the country and the entire world over. Housing market remain one of the most dynamic and suitable areas of investment in property world demand for housing still remains due to some factors like high rate of urbanization and rural urban migration, the need to replace dilapidat... read more

The banking sector in an economy serves as a catalyst for growth and for development. Banks are able to perform this role through their crucial functions of financial intermediation, provision of an efficient payments system and facilitating the implementation of monetary policies. It is not surprising therefore, that governments the world over attempt to evolve an efficient banking system, not only for the promotion of efficient intermediation, but also for the protection of depositors, encoura... read more

In Nigeria, credit has been recognized as an essential tool for promoting growth and development in the country. About 70 percent of the population is engaged in informal sector or in agricultural production. The federal and state government of Nigeria has recognized that for sustainable growth and developments in Nigeria, the financial empowerment of both the urban and rural areas in the economy is very vital being the repository of both the predominantly poor in society and in particularly the... read more

Every business firm normally will like to know how it perform over a period of time this leading to a preparation of profit and loss statement. They also ask about their position at a particular point in time, which lead them to the preparation of budget. A budget can be seen as a document or financial document used to project future income and expenses. In budgeting there are types of budget prepared by the firms, such as capital budget, sales budget and cash budget and so on. The process of pr... read more

Fisher, et al (1996) noted that the system that an organization uses to reward employees can play an important role in the organization efforts to gain a competitive advantage and achieve its major objective. It is a known fact that an organization is what it pays, for the ways an organization pays its employees contains a philosophy about how they are motivated. Hence the need for every employer of labour to have a well worked out compensation system that is able to attract and keep ... read more

Fundamentally, management is the coordination of human effort that is art of accomplishment of goods by utilizing the effort of other people. The management process may be varied as the total management effort operating in a particular endeavor that include decision making, the application of selected techniques and producers and the motivation of individual and groups to accomplish specified objective. One of the most important approaches that have been developed for facilitating effective perf... read more

The history of micro financing can be traced back as long to the middle of the 1800s when the theorist by sander spooner was writing over the benefits from small credits to entrepreneurs and farmers as a way getting the people out of poverty. But it was at the end of world war II with Marshall plan the concept had an big impact. The today use of the expression micro financing has it roots in the 1970s when organizations, such as Grammeer Bank of Bangladesh with the micro finance pioneer Mohammad... read more

Effectively functioning financial markets like micro finance banks have fundamental roles to play in fostering development among small and medium scale enterprises in developing countries like Nigeria. Small and Medium Scale Enterprises are sub-sectors of the industrial sector which play crucial roles in industrial development (Ahmed, 2006). Following the adoption of Economic reformprogramme in Nigeria in 1981, there have been several decisions to switch from capital intensive and large scale in... read more

Business is like a bicycle, either you keep moving or you fall down. Over the century, man has been able to achieve many fear is the ability to like the whole world together invisible thread called Communication. Without communication, we utterly be isolated groups without the coordination we have today. In prehistoric times, communication was haphazard and primitive, with however the need for a better organized and developed system of communication became more and more crucial. In marketing, th... read more