This study examined the role played by foreign direct investment and business environment on economic growth. The sample contained 39 Sub-Saharan African countries divided into two groups, 21 low incomes and 18 middle incomes from 1992 to 2012. The findings of pooled mean group estimator (PMG) revealed that the impact of foreign direct investment on economic growth was negative and statistically significant in low income and middle income countries. This result implies that more foreign direct i... read more

A major challenge in to the Nigerian economy is the development of successful domestic enterprises that provide its people with needed products and thus contributes significantly in economic development of the country. Nigeria has a geographical importance in Africa through the potential of growth and development, the abundant and everlasting natural resource, diversified culture and trade unity with other African countries, American, European, and Asian countries, that gives her an edge to floa... read more

Until the early 70’s, the mainstay of Nigeria economy was agriculture. Then the country was famed for her proficiency in the production of groundnuts hence the Kano groundnut pyramids, oil palm and the faster part of cocoa in the western part of the country.The discovery of oil in the country in commercial quantities brought about radical changes in the economy of the nation. All other sectors seemed to have gone into oblivion and indeed were abandoned thereby making the country to be totally ... read more

The relationship between government expenditure and economic growth has continued series of debate among scholars. Keynes (1936) argues that the solution to economic depression is to induce the firms to invest through some combination of reduction in interest rates and government capital investment including infrastructure. This claim that increasing government expenditure promotes economic growth is not supported by all scholars. A number of prominent authors especially of the neoclassical sch... read more

All over the world the public service as a matter of experience has been know for it’s capacity to create wealth. Consequently, public enterprises have usually been perceived as drain pipes for government budget. Thus creating budgetary strains and avoidable burden on economy. It become a national policy, imperative therefore to disengage the public sector from those area where the private sector has the comparative advantage to perform, while letting the state concern. Security and the enabli... read more

Nigeria is a growing economy and following this ideology, the government can’t meet the need of every citizen and parastatal because of our population and inadequacy that came with the war, many lost properties business family etc. and the government lost stability and that price we are still paying till date. Following this challenge various individuals decided they must move on with life and how did they achieve that, they had to trade and this trade gradually matured into small business ... read more

Historically, trade has acted as an important engine of growth for countries at different stages of development, not only by contributing to a more efficient allocation of resources within countries, but also by transmitting growth from one part of the world to another. Over the past several decades, the economies of the world have become increasingly linked, through expanded trade. International trade has often played a central role in the historical experience of the developing world. Because... read more

Taxation worldwide constitutes a major source of revenue to the government for the funding of their capital and recurrent expenditures. Taxation is defined as compulsory levy imposed directly or indirectly by the government of a state against the income, profit and wealth of the individual partnership and corporate entities for the purpose of providing social amenities to the people. For example, reduction in taxable person (or household) income by the amount paid as interest on home mortgage... read more

Tax is a compulsory levy, which a government imposes on the income of eligible citizen in a state of which the government makes no direct benefit on the taxpayer. Revenue means the money government receives from tax. In this situation, tax evasion is a strong weapon, which fight against the revenue generation in our country. As we know that tax evasion is the deliberate attempt of a taxpayer not to pay tax while avoidance is refers to attempt of a taxpayer to reduce his tax liability in order... read more

Reserves are the main asset of the exploration and production (E&P) industry. Every E&P firm aims at maximizing its total profit in the long run, hence the industry aims at enhancing ultimate recovery of a field, cost efficiently. However, most of the hydrocarbons in place are not recovered; about 35% of hydrocarbons in place are recovered leaving behind the remaining 65%. The need to improve recovery from the huge amount of remaining hydrocarbons in place around the world requires sound reservo... read more

Breast cancer is the most common diagnosed cancer in women globally and the second most common cancer in the world. Its attacks on women is reported to be three times higher in developed parts of the world than in less developed parts, but the death toll is greater in less developed regions. It is however a cancer that originates from breast tissue; hence it is regarded as a cancer of the glandular tissue of the breast. Though the disease is confirmed to be found both in male an... read more

National income is the sum of the money value of all the commodities and services produced in a country within a particular period of time usually one year. The question of how an economy grows could come to mind at this juncture. It the amount of goods and services produced by an economy increases. If it does not increase yearly, it is not growing, even if it is growing, the rate of growth may not be uniform among years. Therefore it may not be possible to determine the conditio... read more

The financial sector is central to any economy of the world, and the ripples of the sector’s downturn are usually felt in all other sectors of the economy. Lin, Sun, and Jiang (2009) hinted that the structure of the financial sector reveals the nature of the productive activities in such economy. It is therefore not surprising that Nigeria like most developing economies, has adopted various forms of policy and institutional reforms since independence to ensure that the sector remains in good h... read more

Before the emergence of modern banking system, banking operation was manually done which lead to a slowdown in settlement of transactions. This manual system involves posting transactions from one ledger to another which human handles. Figures or counting of money which should be done through computers or electronic machine were computed and counted manually which were not 100% accurate thereby resulting to human errors. Most bank then use only one computer in carrying out transactions which ame... read more

There is the global recognition of the importance of expectations in the conduct of monetary policy, which can be attributed to the growth of financial markets, and the fact that economic fundamentals are driven, by expectations of the market agents. In an ever changing economic and financial environment, the CBN would require all the information it can get to respond to these changes in accordance with its policy objectives. Some of such information can be sourced from the bond market.

Nigeria Government joined other countries of the world in emphasizing the establishment of small-scale enterprises which is characterized by small scale industries which size would not all for elaborates administrative structure to play observation role in economic development. Consequently, those roles are feel only little due to insufficient capital, lack of vital business information, lack of education and technology, deteriorating and incompatible controls etc. The problem in the study ther... read more

Small scale enterprises constitute the fabric of national economy (Onuaha, 1998: 1). The Nigerian economy has been in a process of almost transition both economically as regards the economy. Obi (1998:4) start from primitive to modern and form a mixed economy to a market driven one. In all these stages, he noted Small Scale businesses and entrepreneurs are known to have taken active part while government plays the actual regulatory and facilitating rules. Many studies have indicated that the ... read more

The topic of this research paper sociology and entrepreneurship, contribution and challenges to the socioeconomic development of Nigeria has been effectively researched. The study involved the random sampling of three (3) indigenous contractors involved in the importation of computer for the Nigeria market. Data was obtained from the administrated questionnaire and personal interviews of the sampled entrepreneurs. The research has established clearly that there exist certain problem affecting th... read more

Prior to the second republic of Nigeria an average Nigerian earned less than five hundred naira. The cost of living was at the lowest to the extent that most workers lived below their remuneration and able to save from the little disposable income without much ado. It is worthy to note that, starting from the late 1970’s the general price level had skyrocketed beyond reasonable, imaginable and frightening degree. The Nigeria populace could not afford what used to be the minimum standard of li... read more

Infrastructure is very significant to a country’s developmental prospect, the adequacy of infrastructure may determine a country’s success of failure in diversifying production, coping with population growth, reducing poverty, improving welfare of citizens (Mobolaji & Wale 2012). One of The major roles of any government particularly in developing countries such as Nigeria is the provision of infrastructural services like effective roads, power supply, telecommunication, good education, healt... read more