Without a doubt, the global financial system is embracing the current technological transformation from physical currency to practically virtual currencies. In recent years, rapid technological innovation and new business models have led in a slew of novel retail payment methods. These deve...
Changing technology, economic advancement, and the desire to effectively fulfill the functions of money have all spurred monetary changes throughout history. These developments point to substantial changes in the retail payment environment, including a drop in cash usage. Digital money was born a...
BACKGROUND TO THE STUDY
The sum of the money worth of all the commodities and services produced in a country during a specific time period, generally a year, is referred to as national income. At this point, the topic of how an economy expands may sprin...
BACKGROUND OF THE STUDY
In comparison, the majority of Small Scale Businesses (SSBs) are registered as sole proprietorships, which makes the registration process much simpler and easier than other types of company registration. Small businesses now outn...
Background to the study
The material or inventory management function is one of the most relevant roles in most businesses in terms of its importance and integration into the broader organizational architecture. Despite growing recognition of the import...
Background of the study
Connection to the financial system is very important to different economies in the world. Digital currencies have attracted strong interest in recent years and have the potential to become widely adopted for use in making payment...
Background of the study
Changing technology, economic advancement, and the desire to effectively fulfill the functions of money have all spurred monetary changes throughout history. These developments point to substantial changes in the retail payment e...
Background of the study
Without a doubt, the global financial system is embracing the current technological transformation from physical currency to practically virtual currencies. In recent years, rapid technological innovation and new business models...
Background of the study
Many millions, if not billion of people will be able to use a range of convenient, accessible, and dependable financial instruments for the first time in the not-too-distant future, regardless of their proximity to tradition...
Background of the study
Inflation is a term used to describe the rate at which the price of goods and services rises over time. Inflation impacts not only the cost of life – items like transportation, power, and food – but also interest rate...
Background of the study
The promotion of cashless policies has become a driving factor for global economies to investigate currency digitalization as it fast tracks online transactions. Various uses of e-transaction, includin...
Background of the study
Banks are a vital part of every economy. It is the driving force behind society and economic progress. The importance of banking services to any economy's growth and development cannot be overstated. Prior to the introduction...
Background of the study
The availability and equality of opportunities to receive financial services are characterized as financial inclusion. It's a method for individuals and organizations to obtain relevant, inexpensive, and timely financial good...
Background of the study
A bank is a financial organization that collects deposits and puts those deposits into lending activities, either directly or through capital markets (Uremadu, S. 2012). Customers with capital shortages are linked to customers wi...
Background of the study
The notion of electronic banking was born as a result of technological improvement in the banking system. Customers no longer need to visit a physical financial institution to complete a transaction; instead, they can do it from...
BACKGROUND OF THE STUDY
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 (Jude, 2017).
The question of how an economy grows could c...
Nigeria is the most populous country in Africa with a 2011population of 162.5 million.It possesses28percentof Africanprovenoil reserves, second after Libya, and it is the top producer of African crude oil, producing 24percentof 2010 Africanoil production equaling2.4 million barrelsper day(bpd)(UN...
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...
EXCERPT FROM THE STUDY
Naira valuation in Nigeria has been principally influenced by external shocks resulting from the vagaries of world price of agricultural commodities and oil price...
BACKGROUND OF THE STUDY
The recent evolution of technology for financial transactions poses interesting questions for policy makers and financial institutions regarding the suitability of current institutional arrangements and availability of instruments to guarantee fi...
BACKGROUND OF THE STUDY
Economies are confronted with one problem or the other, and governments are constantly locked in effort and actions to alleviate them from the economic point of view, there is the gap between the potential Gross Domestic Product...
Background of the study
The practice of hospitality involves extending a kind greeting to visitors as well as complete strangers. According to Bleigh (2022), hospitality may be described as the generous and kind welcoming of guests, visitors, or strangers through...
BACKGROUND OF THE STUDY
Since the conclusion of the civil war, the Nigerian economy has been very volatile. Following the conversion of the Nigerian Pound to Naira in 1973, fixed exchange rates were established for both the Pound sterling and the US Dollar at £0....
BACKGROUND OF THE STUDY
Beginning in the early 1970s, the government of Nigeria steadily increased its influence over the private sector, promoting investment in important sectors and shielding newborn industrial companies from overseas competiti...
Abstract
The study investigated the effect of depreciation of naira on Nigeria economy, causes effect and remedy using time series analysis and annual data from 1990 - 2009. The regression analysis model were used to capture both the long-run and short-run dynamics of t...
ABSTRACT
This study was carried out on the causes and possible solutions to the persistent depreciation of Naira. To achieve this significant research objectives were formulated. The survey design was adopted and the simple random sampling techniq...
BACKGROUND OF THE STUDY
Since the beginning of corporate form of business entity in Nigeria, the banking sector has been playing important role in promoting economic growth and development by way of providing liquidity and capital in form of loans to firms and private i...
Abstract
This study empirically investigates the impact of exchange rate on the Nigeria External sector (the balance of payments position) using the Ordinary Least Square (OLS) method of estimation for data covering the period between 1970 and 2012...
ABSTRACT
The central bank of Nigerian (C.B.N) started full-scale operation on 1st July 1959, and since its inception like most of the central bank the world over, performs certain national and international functions one of which is the management of foreign debt. So this project examin...
ABSTRACT
The Nigerian corporate income tax system provides investment incentives that vary across asset types. Do corporations investment choices respond to these differences and if so by how much? This research analyzes the effect of corporate income tax on investment...
ABSTRACT
With the rapid development in Computer Technology, most organization have embraced the use of computer resources in its activities to enable them achieve its set down objectives. Electronic data processing is a wonderful tool which is used extensively in financ...
ABSTRACT
The major aim of this research work is to know the effects of exchange rate fluctuation on imported goods in Nigeria. It is also aimed at ascertaining the level of relationship between the depreciation value of Naira and the pricing of imported goods in Nigeria...
STATEMENT OF THE PROBLEM
As more payment systems have been introduced, pundits have been predicting the emergence of a ‘cash less society’. Today, we still pay with cash and checks, but several other payment instruments, such as credit and debit cards, are w...
INTRODUCTION
Change over switch is a device used to switch off a power supply and subsequently switch on another power source. Basically it is aimed at switching on a more convenient power supply to the load. Since it switches on power to the load precaution has to be t...
ABSTRACT
There is a strong relationship between exchange rate movements and the Balance of Payments (BoP). In Sierra Leone, exchange rate depreciated steadily from 1.05 Leone (Le) to 1.00 United States dollar (US$) in 1980 through Le151.45/US$1 in 1990, Le2,092/US$1 in 2000 to Le3,978.0...
ABSTRACT
Despite the fact that in Nigeria Monetary Policy (Interest rate policy) has been a policy tool for managing the exchange rate, Nigeria has continued to witness depreciating value of its domestic currency in recent times. This cannot be disconnected to the fact that the monetary...
ABSTRACT
Poverty and income inequality are huge development challenges in Nigeria. Over half of the population are living below the poverty line, which is further accentuated by highly skewed incomes. While it is widely held that the poor are more vulnerable to economic shocks, empirica...
BACKGROUND OF THE STUDY
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, inflatio...
Background Of Study
The current economic crisis that has hit the Nigerian nation has been so severe that the government's many social services, such as education, have been negatively impacted. School administrators have attracted public attention t...
Background of Study
Commercial banks play a significant role in the economic development of nations through the financial services they provide. Their intermediation role can be said to be a catalyst for economic growth (Kolapo, Ayeni and Oke, 2012). Lending is no doubt...