Since the dawn of time, man as an individual and in groups have gone in search of power. Power to change things and power to make things happen. Power, is referred to in this paper as electricity or electric power. Power is essential to the economic growth and development of nations. Its uses are directly correlated with healthy economic growthKaseke & Hosking, (2013). Nigeria is one of the most populous countries in the world especially in Africa, however, about 40% of the country is not connec... read more

Nigeria, like other developing countries, has continued to grapple with the menace of poverty despite several economic policies and programmes implemented by various governments. This study was therefore undertaken to assess the impact of small and medium enterprises financing on poverty reduction in Nigeria from 1991 to 2010. Using ordinary least square (OLS) analytical technique, data from the central bank of Nigeria (CBN) statistical bulletin were obtained. Findings revealed that there is a s... read more

In recent time, the fortune of small scale and medium scale Industries attracted the attention of government world-wide and thus has been the focus of general interest and research, especially in developing Countries due to the importance of small scale and medium scale Industries. Their importance cannot be over emphasized as they constitute a whole virile vehicle for the generation of vast production of outputs and job creation. They are also act as catalyst for restructuring and diversifying... read more

Following weeks of international tension and suspicion about Russian President Vladimir Putin's intentions toward Ukrainian President , Russian forces have invaded Ukraine from multiple angles (Poroshenko, 2022). Russia recently recognized the independence of the entire Donbas region in eastern Ukraine, implying at first that Russia's ambitions were limited to the independence of the eastern provinces Poroshenko, (2022). Russia, on the other hand, responded by deploying soldiers into Ukraine fro... read more

Development is a sine qua non for modern civilization. In a crusade and struggle to carryout development at all nooks and crannies of the society, the local government as the tier of government and nearest to the people is saddled with the responsibility of direct development of the people to a certain level. Development is highly associated with fund, much revenue is needed to plan, execute and maintain infrastructures and facilities at the local government level. The needed revenue generate... read more

Banking service when it was introduced into Nigeria economy it had bring development to the doorstep of every citizen which 70 to 80 percent of Nigerians lives depends in socio-economical livelihood since partly phase of the banking system had impacted in the country development. This phase of development have revolved between rural areas and the urban areas. Money is said to be a life wire of civilization in a country. This means that money needs to be properly managed and controlled in the ... read more

Auditors in the public sector have a lot of problems in Auditing Government Accounts. The researcher embarks on this study for the purpose of identifying these problems as well as the strategies for the minimization of those audit problems in the public sectors and government accounts, using Power Holding Company of Nigeria as a case study. He will also address such problems that may arise from the statement of the problems of this work. The researcher will make use of both primary and secondary... read more

The sensitivity of petroleum resource is clearly reflected in the fact that it has remained or continued to be the goose that lay a golden eggs for the Nigerian economy as well as the supreme foreign exchange earner contributing over 80% of government revenues and helps the development of Nigeria’s infrastructures and other industries (Anya 2002; Chukwu 2002; Gary and Karl 2003). However, due largely to the highly technical nature of exploration and production, the sector depends substantially... read more

This study was embarked upon by the researcher to ascertain the implication of the Treasury Single Account (TSA) on the Nigerian Banking Sector and the Nigerian economy as a whole. To achieve the set objective, data was sort both from primary and secondary sources. Questionnaire items were designed from the research questions to assist the researcher to draw meaningful conclusions. This study adopted the chi-squared as its instrument for data analysis. From the data gathered, both from the respo... read more

Welfare is a corporate attitude or commitment reflected in the expressed care for employees at all levels, underpinning their work and the environment in which it is performed (Cowling and Mailer, 1992). Specifically, Coventry and Barker (2009) assert that staff welfare includes providing social club and sports facilities as appropriate, supervising staff and works’ canteens, running sick clubs and savings schemes; dealing with superannuation, pension funds and leave grants, making loans on ha... read more

Performance appraisal is one of the basic tools that make workers to be very effective and active at work. A critical look out on this may bring about the need for motivation, allowances, development, training and good human relationship in an organization. Performance appraisal is defined as “a structural formal interview between subordinate and supervisor, that usually takes the form of periodic interview (annually or semi-annually), in which the work performance of the subordinate is exa... read more

Shipping has for a long time been recognized as one of the strong catalysts for socio-economic development. Back in 1776, Adams Smith noted that ’’A business working in a country town without links to the outside world can never achieve high levels of efficiency because its small market will limit the degree of specialization”. Because distances, it has since the ancient times been at the fore front of opening up of the world and thus a major driver in of the process of globalization. Ship... read more

Road Transportation is a necessary end right from early history. The mobility of people and materials especially in the present days become one of the greatest needs that have to be adequately satisfied on our society and economy at large. Transportation is referred to as the engine of the economy (Kunri 2005:79). This means that with out transportation management system, the entire economy will suffer stagnation. Transportation helps to bridge the gap between producers, suppliers and indust... read more

Nigeria, the most populous black nation situated in western Africa is popularly known for her dominant source of revenue; Crude oil. Thus, Nigeria became increasingly dependent on oil revenue, which in the last few decades has experienced fall in its price per barrel and production. With oil revenue as the main stay of the Nigerian economy, variation in oil prices are definitely of prime interest to economists in order to predict the effects of a drastic change- decrease in oil price, on the Nig... read more

An auditor of the evidence may describe an audit as an examination from which final revenue accounts and balance sheet of an organization have been prepared. In order to ascertain that they present a true and fair view of the summarized transaction for the period under review and of the financial state of the organization at the end date this enable the auditor to report their on. Therefore an auditor which is part of internal control assists all level of management of the Union bank of Niger... read more

Oil, a very versatile and flexible, non-reproductive, depleting, natural (hydrocarbon) is a fundamental input into modern economic activity, providing about 50% of the total energy demand in the world. (Anyanwu J.C. et al, 1997) Petroleum or crude oil is an oily, bituminous liquid consisting of a mixture of many substances, mainly the element of carbon and hydrogen known as hydrocarbons. It also contains very small amounts of non-hydrocarbon elements, chief amongst which are sulphur... read more

A financial institution can be defined as any institution which portfolios of assets consist largely of claims rather than inventory, plant and equipment. Financial institution serves as intermediaries in the financial markets. However, since emphasis will be placed in banking sector as a financial institution. It will be proper at this point to make known what the banking sector entails and its role in the development of Nigerian economy. The banking industry is of tremendous relevance to... read more

In every country, there exist a financial system that is responsible for the regulating the financial environment of the country, determine the types and amount of funds to be issued, cost of funds and the uses of these funds. The financial system plays fundamental role in the growth and development of an economy, particularly by serving as fulcrum for financial intermediation between the surplus and deficit units in the economy. It consists of financial intermediates, financial markets, finan... read more

Monetary policy plays a very crucial role in any economy, being the channel through which financial resources flow from one segment of the economy to the other. It, therefore, represents the major foundation of the modern market economy. Essentially, there are three pivotal roles for the monetary policy namely; the Monetary Policy role, the financial stability role and the overall economic role. Monetary policy in the current Nigeria context, encompasses actions of the central bank that affect t... read more

Banking in Nigeria has gone through very dramatic changes within this decade the industry has grown beyond optimistic expectations. Over the period, the number of banks expanded, the variety of banks increased, banking operation were substantially deregulated, competition increased and banks were forced to be more innovative and service oriented. Nigerian Agricultural, co-operative and Rural development bank (NACRDB) COME IN AS A Financial Institution which provides medium and long term credi... read more