Fiscal policy has traditionally been related to the use of taxation and public expenditure to influence economic activities of a country. The implementation of fiscal policy is basically rooted in the budget of the government. The most vital aspect of a public budget is its use as an instrument to manage an economy (Omitogun & Ayinla, 2007). Fiscal policy is a deliberate action of government which entails the use of government spending, taxation and borrowing to control the pattern of economic a... read more

The role of the capital market in the revolutionisation of the economy cannot be over emphasize especially when one considers the high level of financial intermediation it conducts as regards its role in channeling funds in large amount from surplus areas to deficit areas. The capital market refers to the market trading in medium and long term financial instrument with maturities which exceeds one year. In other words, it is the market that enables government and companies to raise long term ... read more

The failure of the market to allocate resources efficiently provided a reason for considering other supplementary mechanisms for allocating resources directly, (e.g. public provision of goods and services) or for considering corrective devices that can interfere with the price mechanism so as to induce the market to function more effectively and efficiently in resource allocation. This has resulted in the intervention of government in the allocation of resources, through the provision of public ... read more

Nigeria, like most developing countries is an “Information poor” country. Most of Nigeria’s wealth and power comes from the control of physical assets-land, oil, iron steel, coal e.t.c But in the 21st century, this cannot continue to happen. The main source of value and competitive advantage in the new economy is human and intellectual capital. With a present population of about 150 million people, Nigeria in theory has the capacity to make a successful transition into a truly knowledge dr... read more

The introduction of electronic banking, online transactions and mobile banking in Nigeria has paved way for a new era of development where the use and demand for physical cash is gradually declining. These recent evolution of technology in the Nigerian financial institutions posses interesting questions for economist, financial institutions, business analyst and the government regarding the current economical status, logistics, and availability of instruments to guarantee economic growth and sta... read more

The researcher’s mind on the topic, "The impact of the Capital market on the Nigerian Economy with emphasis on the role of the Nigerian Stock Exchange" was captured when a similar topic was discussed at a seminar organized by the Bureau for Public Enterprise (BPE) to conscientize and sensitize Nigerian people to accept the privatization programme. The organizers sought to expose how highly underutilized the Nigerian Stock market is and what individuals and Corporations would gain in patr... read more

One of the indices for measuring the development of an economy is the size, maturity and safety of its banking industry. This is because the banking industry plays a very important role in the mobilization and utilization of investible resources (financial) in the economy. It acts as the intermediary units of the country through a process of “financial inter-mediation”. The absence of a market for which can greatly reduce the growth of economic activities; its business activities are catalys... read more

Research on effectiveness of monetary policy on economic variables in Nigerian economy has for long been of interest to economist and policy makers however, studies have been carried out on certain aspects of economic variables. These studied are meager and in any case, not covering the effectiveness of monetary policy of price stability in Nigeria, which now necessitated this research work. An issue which has occupied the minds of government for decades is the effectiveness of monetary polic... read more

For many years now a lot of manufacturing company does not know the important of stock methods and even when they know, it is not consciously handle or put in the care of professional. Infact, they belief that the stock control methods is not the ultimate things the organization desire this means the contribution on effective stock control can make to the success of an organization still not very widely appreciated and hence it is of great significant to reflect the impact and effectiv... read more

This study is basically under taken to take an objective view of the impact of international trade, initially with predominately a grain product, but presently dominate by petroleum products. Since the discovery of oil in commercial quantity at Oloibiri in the present day Delta State, Nigeria has been an important player in world affairs, economically and other wise, particularly being the 6th largest producer of crude oil in organization of petroleum exporting counties (OPEC). Unfortunately, th... read more

The word secretary is often used to mean anybody who can type and write shorthand. Ability to write shorthand or type does not make a person a secretary. There is more to being a secretary than more skills in shorthand and type writing. The origin of the secretary could be traced a hundred years ago, when young men and women started working in business offices as typist and shorthand writers coupled with the development, importance and significance of their position and duties in the office, som... read more

This study dwells on The Effect of Ratio Analysis in Investment Decision in First Bank Nigeria Plc. The study begins with Chapter One to Chapter Five. Data were collected through questionnaire distributed to the workers. Percentage analysis and chi-square (X²) statistics test were also employed in data analysis. The study reveals that the effectiveness of ratio analysis in business decision making determines the level of liquidity and profitability of business, also improves management decision... read more

The Nigeria Economy has been regarded as one of the fastest growing in Africa, and potentially the biggest in the continent, if thoroughly explored. The contribution of other sectors of the industry cannot be overemphasized, as the inclusion of the Private Media Houses cannot be underestimated. In the late 50s to 70ss, media outfits are controlled and owned by the government in power, with little contribution and inclusion of the private individual. The late business mogul, Moshood Abiola,... read more

The tendency of price to rise, and of the value of money to fall is known as inflation. One of the main objectives of any responsible government is to control the rate of inflation because of its undesirable effect on the economy. In most developed countries, the economic specter of the inter-war period was the demoralizing level of unemployment. The worry of unemployment has given way to a concern over inflation. Most economic policy may be seen as a continued fight to sustain increase and the ... read more

The accumulation of external debt is common phenomenon of the third world countries at the stage of economic development where the supply domestic savings is low, current account payment deficit are high and imports of capital are needed to augment domestic resources. Early 1970’s, the external debt of developing countries was relatively small and primarily an official phenomenon, the majority of creditors being Foreign Governments and International Financial Institutions such as ... read more

Right from time immemorial, a country’s exchange rate and balance of payment is usually regarded as the sum of indices by which a nation’s strength can be measured especially its economic strength. Paul (1996) defines balance of payments as an accounting record to all monetary transactions between a country and the rest of the world. These transactions include payments for the country’s exports and imports of goods, services and financial capital, as well as financial transfer. It summari... read more

The project on the effect of endsars protest on the growth and economy of nigeria. The project aimed at investigating the effect of endsars protest on the growth and economy of Nigeria, exploring the factors the promotes endsars protest, finding if endsars negatively influenced the growth of Nigeria and ascertaining the relationship between endsars protest and the growth of Nigeria.

Cocoa farming has really contributed to most of the agricultural sectors in Nigeria. As we all know; agriculture has done a lot in the time of old even when crude oil was not the major source of revenue in Nigeria. Agriculture has provided food for almost the entire population of Nigeria; is it employment? Farmers that operates on a larger scale tends to employ more labour. Cocoa farming is a very vital part of agriculture as it provide food for the entire population of Nigeria, raw material ... read more

One of the functions of the Central Securities Clearing System is certificate dematerialization but most investors are not aware of the operations of the CSCS nor of the facility as they prefer to keep the paper certificate. From January 1, 2009, investors shares were being lodged directly online with the CSCS. Prior to this new directive, the following problems were observed before the introduction of CSCS:- Cancellation and frequent issuance and re-issuance of share certificate when shares ... read more

The global financial system is no doubt embracing the current transition from physical currency to almost virtual currencies through the medium of technology. This wave has ushered in the birth of crypto currencies. Crypto-currency has been defined as a digital record-keeping device that uses balances to keep track of the obligations from trading and that is publicly known to all traders. Some of the forms of crypto currencies include Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ripple (XRP), ... read more