ABSTRACT This work, in trying to ascertain some of the major macroeconomic factors that would drive the nation’s economic growth, examined the causal relationship among all share index (ASI), nominal exchange rate, foreign direct investment, oil exports and GDP using quarterly data spanning from 1985Q1 to 2014Q4. In a bid to determine if... Continue Reading
ABSTRACT Most developing countries strive to attract foreign aid because of its anticipated efficacy in fostering economic development in recipient countries. This study examines the impact of foreign aid on savings in Nigeria, using a two step approach of Engle-Granger procedure in a co-integration analysis. The study uses time series on a... Continue Reading
ABSTRACT This study aimed at investigating regional differentials in Nigeria, and therefore achieved this through two objectives; First to determine the poverty levels of regions and then to ascertain the determinants of regional poverty. This study was motivated by the regional inequalities that exist in Nigeria, wherein one of the major... Continue Reading
Abstract This report is a socioeconomic study of multi-towns Water treatment system project in Afar Regional State. It is prepared by Bright Research Consultants outsourced from Beles engineering. The project proponent is Afar National Regional State Water and Energy Bureau. The project lies along the program target towns of Samara, Logia, Dubti,... Continue Reading
ABSTRACT This study is on a strong impression of effective management of resources in solving the unemployment problem in Nigeria. This researcher wants to know the impact of effective management of resources in Igbo-Eze south local government area, how they have carried its operations to bring this phenomenon to its best minimum. In order to... Continue Reading
ABSTRACT This research work is an attempt made to enforce the role played by planning and control to management efficiency and productivity. The incessant business and reluctant growth of some companies or enterprise can be linked to a deficiency in planning and control. In view of these, this topic is designed to guide managers in companies... Continue Reading
Abstract This study examined the role of financial institutions in agricultural development. A case study of Nigeria Agricultural Cooperative and Rural Development Bank, with a view to make useful suggestions and recommendations as way of enhancing the development of agricultural sector. The population for the study includes large and small... Continue Reading
INTRODUCTION The practice of banking and financing in Nigeria is culturally rooted and dates back several centuries ago. In the 1940s, the traditional financial institutions provide access to credit for rural and urban low- income earners. They are mainly of the Informal Self Help Groups (SHGS) or Rotating Savings and Credit Associations (ROSCAs)... Continue Reading
ABSTRACT The work was on the impact of Government Expenditure on Nigeria Growth (1981 – 2010) dealing with secondary data from the Central Bank of Nigeria (CBN) and the National Bureau of Statistics Regression Analysis with (OLS) technique was used. Our findings indicate that there is a positive correlation between Inflation, Money Supply,... Continue Reading
Abstract The major goals of macro-economic policy are: to achieve full employment in other words maintain a low and stable level of unemployment. To maintain a relative stable level of price payment position at a fixed stable exchange rate of growth. Practically, inflation which is a persistence increase in general price level is one of the... Continue Reading
ABSTRACT Value Added Tax (VAT) is a consumption tax on the value added to a product in the process of production. Like all other indirect taxes, it is a tax that targets the final consumer of goods and services. The main purpose of VAT in Nigeria is to increase government (state and Local) revenue from the non-oil sector thereby reducing the... Continue Reading
Abstract Undoubtedly, parts of the macroeconomic goals which the government strives to achieve are the maintenance of stable domestic price level and full-employment. Macroeconomic performance is judged by three broad measures- unemployment rate, inflation rate, and the growth rate of output (Ugwuanyi, 2004). Unemployment has been categorized as... Continue Reading
ABSTRACT This study was carried out to determine the effect of stock market on capital formation in Nigeria. The variables included in the model were, Gross Fixed Capital Formation, value of share traded, interest rate, inflation rate, commercial bank investment indicator, and Stock Market Capital. Data were sourced from CBN statistical bulletin... Continue Reading
Abstract By the time Nigeria became politically independent in October 1960,agriculture was the dominant sector of the economy, contributing about 70% of the Gross Domestic Product (GDP) employing about the same percentage of working population and accounting for about 90% of foreign exchange earnings and the federal government revenue (CBN,... Continue Reading
ABSTRACT This study attempts to investigate the Role of the Stock Market in the Growth of the Nigerian Economy spanning through 1980 – 2010. The broad objective of this work is to ascertain the role of the stock market in output growth in Nigeria using Market Capitalization as a proxy for the stock market taking cognizance of some intervening... Continue Reading
ABSTRACT The term ‘unemployment’ can be defined as an economic condition marked by the fact that individuals actively seeking for job remain unemployed. Unemployment is very common in under-developed nations like Nigeria and it affects graduates of various institutions of learning. The study was designed to investigate the impact of... Continue Reading
ABSTRACT What if the transportation section, stagnant, almost every section of any given economy will not perform well as expected. Te importance of transportation in developing or advanced economics cannot be over emphasized. Transport is one of the main sector that remains as the cornerstone of every nation for achieving growth and development... Continue Reading
ABSTRACT This work was done to analyze the impact of public spending on poverty eradication in Nigeria from (1980-2011). In this research work, multiple regression analysis was used and five variables were used in the empirical analysis. They are government expenditure on agriculture and water resources (AGWR), health (HTH) education (EDU)... Continue Reading
Abstract To be able to transform into an industrialized economy an underdeveloped economy has to privately and commercially develop. The importance of establishing public enterprises or corporations began during the 19th century with the British Telecom in 1884 under the telecommunication act and gained a worldwide support in Britain. Thereafter... Continue Reading
ABSTRACT So much effort has been made towards understanding the relationship between privatization and commercialization and the economic growth of Nigeria. Privatization and commercialization of pubic enterprises in every economy is introduced for the attainment of specific objectives which includes economic growth and stability. Data was... Continue Reading
ABSTRACT The petroleum sector is an indispensable body in Nigeria economy. It has remained the Nigerian biggest revenue earner. It still brings in more than 80% of the foreign exchange earned by the country. However, this resulted in the shortage of the quantities of petroleum products consumed locally in the country. Hence, the problem of... Continue Reading
ABSTRACT This research work was conducted to investigate the impact of the oil industry on the economic growth performance of Nigeria. In the process of the research, the ordinary least square (OLS) regression technique was employed. Considering the impact of time on changes in economic variables, the analysis was carried out using the simple... Continue Reading
ABSTRACT The earnest expectation of every economy over the year has been to attain the highest possible level of economic growth and development. This research work is on the ‘’Impact of Monetary Policy on Economic growth in Nigeria’’ between the period of thirty years (30) covered from 1980-2010. The Impact of monetary policy in an... Continue Reading
ABSTRACT This research work investigates the impact of minimum wage fluctuation on growth of Nigeria economy. Determinants of labour market in Nigeria arising from the economic transformation in recent years, and how public policy affects in particular labour market outcomes. The result has shown that increase in minimum wage increase by l unit (1... Continue Reading
ABSTRACT It is an undisputable fact that the contribution of microfinance to entrepreneurship activities is increasing being recognized as a primary engine of economic growth. (The Economist, May 18th 1996). By combining existing resources with innovative ideas, entrepreneurs add value through the commercialization of new products, the creation of... Continue Reading