The economic development of any nation is closely related tot he behaviour of individuals living in that country as regards how much to save and how much to consume from their earned income. From the national accounting point of view savings equals investment. It is also true that for a country where the inhabitants make a consistent effort to save a part of their disposable personal income, such a country will be economically viable that is ignoring the uncontrollable variables such as poli... read more

A study of this sort is necessary owing to certain serious problem confronting the economy of Nigeria. It has been evident that since the Nigerian Civil War ended in the year 1970. The problem of money supply and its effect on the area of unemployment have been an economic problem that is disturbing the economic growth and Development of the country. This problem has been of great concern to every Nigerian and the government of the country. Unemployment is generally an economic, social and... read more

Every country in the world aim at achieving economic growth and development. This is only possible if a country has adequate sources. In developing countries especially those in sub-saharan Africa. The resources to finance the optimal level of economic growth and development are in short supply. Inflation, economic growth and interest rate concepts that are central and interrelated in Macro economic. A proper understanding of these concepts is therefore very necessary in order to ... read more

The history of banking in Nigeria dates back to pre-independence period, the establishment of banks was motivated by the urge on the part of government to inculcate banking culture in the people and the desire of the people themselves to find the means of making financial intermediation easy, In the recent time between 1999 – 2004, a lot of techniques are used by bankers to facilitate customers services and customers satisfaction which has led to the introduction of the new products develop... read more

Insurance has been defined as an economic device where by risk of people and economic enterprises are transformed from in individual to a group in the process the individual pay’s a fee know as the premium to the group for the assumption of risk in the evidence of the contract of risk assumption, the group issues document known as the insurance policy. To the individual the total of the fee paid to the group by the policy holder constitutions the fund or pools from which losses of individual m... read more

Confidence is the pillar or pivot around which banking revolves. Hence lack of confidence by depositor in the stability of a bank can lead to serious problem for such a bank. Official concern for the stability of bank failure may result is server monitory contractions and dislocation of the real economy. Therefore this given rise to the supervision regulation of banks in order to improve the performance of the banking industry. The government considers an affective system of matter of m... read more

The function of the state government in recent times include the provision of amenities infrastructures which are capital intensive in nature over the years most state government especially in the developing countries have been carrying out such functions with finds from external sources as loans, grants and development assistance or aids. These sources have often been complemented with domestic resources as statutory allocations from the federation accounts, internally, generated finds and dom... read more

The term Local government has been defined by many scholars with different view as regards its development. W.A. Robinson (2000) states that ‘Local government’ involves the conception of territorial non-sovereign community processing the legal right and the necessary organization to regulate right of its own affairs. This I turn presupposed the control, Vis-à-vis participation in state affairs. According to U.N. Akpan (1999), out of various possible conceptions of the local l... read more

Liquidity is crucial to the on-going viability of any bank as liquidity can have dramatic and rapid effects on even well capitalized banks. When a crisis develops in a bank as a result of other problems such as deterioration in asset quality, the time available to the bank to address the problem will be determined by the liquidity therefore, the measurement and management of liquidity are amongst the most activities of banks.

This chapter is mainly concerned with the efforts at expanding the economic base of the rural area which are always backwards because of scarcity of and restrictive access to loanable funds. In solving the problem, previous government in their economic policies have lied on development banking and rural branch banking of orthodox banks. The word Community Banking is defined as a self sustaining financial institution owned by a community or a group of communities. Unlike commercial banks, c... read more

Over the years the federal government was saddled with the problem of the debt owned depositors by failed banks. This the government our this as a big problem because more banks are licensed and this means more liability for the federal government. The government after looking critically at the problem decided to established an organization called NDIC (Nigeria deposit insurance corporation) to take full charges of depositors funds in collaboration with central bank of Nigeria (CB... read more

The researcher is interested in the union Bank which was formerly know as Barclay’s bank was a product of the post independence indignation process in Nigeria as part of the abortive banking boom and crash the late 1940s and early so, 1959 saw the biggest country was of coursed triggered off by the establishment of CBN and the era of the free bank period. This period saw the establishment of the Barclay’s bank domination with others. Although many later fails such as the industrial and co... 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 dif... read more

In the early 70’s there was an economic from in Nigeria and manufacturing industries inspite of widespread misapplica and diversion of resources still returned handsome profits. Companies expanded and prospered as a result and effective management became insignificant. However, in the early 80’s, Nigeria started witnessing an austere economic condition due to global oil fall in price. Business environment became so complex that most manufacturing industries and other sectors of the eco... read more

Some years ago, Nigerian economy was faced with the problems of circulation of money. He major problems that affected the economy were price instability unemployment balance of payment which hindered the economic growth. As time went on, he government decided to establish a policy which was know as “monetary policy” which will be used to control the economy by monetary authorities to check the volume of money quantity availability cost and direction money and credit in the economy as a ... read more

Reports of banks adjudged financially distressed in the 1990s revealed that ownership category was one of the major variables that could be used to explain the degree of bank failures. Ownership structure, asset quality and quality of management are critical in determining bank soundness. In the 1990s, ineffective management was one of the major reasons for bank failures, especially those owned by private promoters and by state governments. Most of them were characterized by inept management and... read more

According to Paget (1998), a renowned banker he defined banks as “a corporation or person (or persons) who accepts money on current account, pays cheques on such account in demand and collects cheques for customers.” Banks are financial institutions that are charged with the responsibility of funds intimidation. They act as a go-between the simples funds sources and deficit fund services. They equally act as “a dealer in capital or more properly a dealer in money as we defin... read more

It has already been stated that money is a common denomination in which the rate relative value of goods and services can be expressed. Throughout history any community which form itself into a nation for the purpose of self-government immediately introduce its own distinctive unit of account –monetary unit of account (Legal tender) In the words or (Obaseki 1991:15) “ in the international reaches no legal tender exists value must be measured, accounts kept and p... read more

Financial reporting is principally concerned with the communication of financial Information relating directly or indirectly or indirectly to an enterprises resource, Obligations, earnings e.t.c. The principal reporting medium is normally financial statement financial statements are important measure of communicating for useful purpose. The usage of scare economic resources by an enterprise. As such, they need to contain all relevant information to be realized, and be reality unde... read more

As everybody has own aim to acquire income and show how he or she has income over the other, the emergency of tax began to arose as a way whereby some part of the individual, companies and co-operate organization an taxed an little portion refrained to the cost of the stages. Thus by the process of taxing or cutting some be of income form an individual, companies or co-operate organization, the remaining are t he accused to know how individual is Although in Nigeria, the origin of tax can ... read more