Download or read book Facilitating Economic Growth in Nigeria written by Hope Ogunmwonyi and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Socio economic Development in Nigeria written by Gesiye S. Angaye and published by . This book was released on 1995 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essential Economics of Growth and Development in Nigeria written by I. O. Imide and published by . This book was released on 2004 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effects of Financial Sector Reforms on Economic Growth The Case of Nigeria written by Angel Okonkwo and published by GRIN Verlag. This book was released on 2021-10-18 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2019 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 4.60, , course: Banking and Finance, language: English, abstract: The objectives of this study includes to examine the effects of banking sector reforms on bank performance, savings, investments, developments of the Nigerian Banking System and Economic Growth. The banking sector is without no doubt a very essential part of the economy of a nation and any reforms carried out in it extend to other parts of the economy representing a transformational moment for the economy and its people. So it remains a nationwide challenge that the Nigerian banking sector and it’s reforms haven’t been able to significantly support the long-term financial needs of the real sector or facilitate the growth of the Nigerian economy The Augmented Dickey-Fuller (ADF) Test and The Phillip-Perron Test were used to test for stationarity of the variables, while the Johansen co-integration test was employed to indicate the existence of a long-run relationship among Gross Domestic Product—which acted as the Economic Growth proxy, Commercial Bank’s Capital, Commercial Bank’s Credit, and Number of Commercial Bank Branches which acted as the other variables. Secondary data was sourced from Commercial Bank Statistics, Central Bank Of Nigeria Bulletins, Nigeria Bureau Of Statistics, Statistical Bulletins for the period of 1998-2017. Conclusively, there was a positive and significant relationship betweenEconomic Growth and Banking Sector Reforms in the long run, but a negative relationship between Economic Growth and Financial Sector Reforms in the short-run. It was recommended that the government should ensure political and macroeconomic stability as the activities in all other sectors are affected by them, and that people are enlightened on the benefits of banking sector reforms so that they don’t take opposing actions against the goal of reforms.
Download or read book Infrastructure Investment The Pathway for Sustainable and Economic Transformation in Nigeria written by Michael Mitchell Omoruyi Ehizuelen and published by GRIN Verlag. This book was released on 2013-10-09 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Essay from the year 2013 in the subject Economics - Case Scenarios, , language: English, abstract: This work X-rays the multidimensional relationship that occurs between infrastructure and economic development, evidence from Nigeria. The work develops an intuitive theory with a framework which examines this relationship by recognizing various channels through which infrastructure possibly affects development: as a factor of production, as a complementary significant factor of production, a stimulus to factor buildup, a stimulus to aggregate demand and an instrument to industrial policy. A framework is developed for evaluating and analyzing the theory of this relationship, which explores the implications of diverse definitions and measures of infrastructure on economic development. Empirical literature is then evaluated against this framework.
Download or read book Nigerian Economy written by Milton A. Iyoha and published by . This book was released on 2002 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Nigerian Economy and Current Economic Reforms written by Augustus N. Gbosi and published by . This book was released on 2007 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Development in Nigeria written by Victor P. Diejomaoh and published by . This book was released on 1965 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Ineffectiveness of the Nigerian Capital Market in Fulfilling Its Expected Role in Economic Growth and Development in Nigeria written by Adewale Adegoke Alawiye-Adams and published by . This book was released on 2013 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several concerted efforts have been made towards understanding the relationship between capital market and the economic growth in Nigeria. The capital market of every economy is setup for the attainment of specific objectives, some of which includes facilitating economic growth and stability, sourcing of the much needed capita for economic development, amongst others. This paper was carried out with the intention to investigate the controversial issue of the continuous lingering ineffectiveness, inefficiency and under performance of the Nigerian capital market in providing the much expected support for the growth and development of the Nigerian economy particularly as it concerns the real sectors. Data was collected and analyzed using Chi Square analysis, tables from secondary data sources and graphical illustrations were employed in the analysis. The result of the study shows that the Nigerian capital market has not been efficient enough to impact on the country's economic growth. The limited contribution of the market to the development of the industrial sector, as a result of the absence of stimulating encouragement and liberality of the cost mechanism required for listing on both the primary and secondary markets, were highly inhibitive, ineffective and restrictive to firms that would have come to be listed on the capital market, especially small and medium scale enterprises. On the strength of these evidences, this paper recommends that government should introduce more tax incentives to motivate and encourage investors in organizations listed on the stock exchange, and indeed more capital and tax relieves for new startups and newly enlisted small and medium scale industries. Finally, listing on the exchange should be made more easier and cheaper for companies that want to be listed to attain a given level of capitalization on the secondary market particularly targeted at micro, small and medium scale industrial enterprises.
Download or read book The Nigerian Economy at the Crossroads written by John E. Udo Ndebbio and published by . This book was released on 1991 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exploring Institutional Capacity of the State to Facilitate Economic Development in Nigeria written by Dominic Ayegba Okoliko and published by . This book was released on 2014 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Achieving Developmental Goals Through Impact Investing in Nigeria written by Deborah Chinonso Kalu and published by . This book was released on 2018 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United Nations adopted a 2030 agenda in 2015 comprising the sustainable development goals designed to replace the erstwhile Millennium Development Goals. According to the UN, the aim of these SDGs is to end poverty, protect the planet and ensure prosperity for all. However, achievement of the SDGs would require huge financial commitment and global collaboration. Development entails an all-inclusive approach to economic, social and political stability.In a 2016 Human Development Report issued by the UNDP, Nigeria is ranked among countries with low human development. The Human Development Index is measured through three dimensions: long and healthy life, access to knowledge and decent standard of living. Also, Nigeria's economy slipped into recession in 2016 largely due to adverse economic shocks, inconsistent economic policies and the national security challenges. The country has slowly recovered from the recession in 2017 but fundamental developmental challenges such as poverty, inequality, unemployment remains high in the country. Private investments are a key policy priority to drive economic diversification and facilitate economic growth in the country. Beyond economic growth, there is also the need to adopt development strategies that would that would not only increase inflow of investments but also address these social needs. Impact investment is a form of innovative financing which involves providing funds for socially beneficial goals asides from the typical business aim of financial return. It is a viable means of facilitating societal development goals and ensuring grass root development.The focus of this paper is to highlight the nature, scope and benefits of impact investment as a tool for development financing and consider the main challenges to creating a successful environment for impact investing in Nigeria.
Download or read book Study on Skills Development for the Informal Sector of the Nigerian Economy written by Nigerian Institute of Social and Economic Research and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The problems of employment have become a central global concern in recent times. This makes nearly all the governments and development partners to be fully engaged in finding a lasting solution to the problems. In the past, development planning efforts were concentrated on the development of a modern industrial sector. It was believed that this would serve the domestic market and facilitate the absorption of redundant or surplus workers in the urban economy. It was also the belief that rapid economic growth and development would be achieved. The study is structured into five chapters. While chapter one looks at the background to the study, the terms of reference and the structure of the report, chapter two focuses on copious relevant literature on skills development bringing out the conceptual definitions, theoretical and empirical issues in the informal sector of the economy. Chapter three presents the methodology of how training providers as well as the beneficiaries of the programs were surveyed in the study. Chapter four gives the inventory of the programs for the informal sector skills development and a detailed analysis of five most important non- state-run programs in the country. Chapter five forms the conclusions and recommendations of the work.
Download or read book Financial Sector Performance and Economic Growth Vis A Vis Development in Nigeria written by Celestine Sunday Ogonna Okaro and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The study was undertaken with the objective of examining the causal relationship between financial sector performance and economic development vis-a-vis growth of Nigeria. The variables used were GDP, Human Development Index (HDI), which represents the dependent variables for the two models. For the independent variables, Credit to the Private Sector (CPS) which represents the credit activity of the financial sector; Interest Rate Spread (IRS) which represents the efficiency, competition and concentration of the financial sector; Market Turnover Ratio (TR) which represents the liquidity of the financial sector; Other variables that influence economic growth and development were introduced Inflation (INF) and Total Government Expenditure (GE). Moreover, the study period covers 1996 to 2016 and the data collected within the period was analysed using ADF Test and Granger Causality Test. The results showed that IRS causes economic growth which conforms to the supply leading hypothesis theory; but GDP causes financial sector performance through the Credit to Private Sector (CPS), which means the more the economy grows financial sector performance through its credit allocation function increases. This conforms to the demand following hypothesis theory. However, the overall financial sector performance couldn't facilitate effective economic growth vis-à-vis economic development in Nigeria. Thus, regulatory bodies of the financial sector should set or implement monetary policy program that would be favourable for the efficient operations of financial institutions.
Download or read book Knowledge Productivity and Innovation in Nigeria written by Ismail Radwan and published by World Bank Publications. This book was released on 2010-03-09 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has a bold national vision of becoming one of the world s top 20 economies by 2020. However, despite being the 8th most populous country in the world, it ranks 41st in terms of GDP and 161st in terms of GDP per capita. Nigeria has long depended on oil for its exports and government revenues. This dependence has led to rent seeking and a reluctance to examine potential avenues for economic diversification. The authors of 'Knowledge, Productivity, and Innovation in Nigeria' believe that the goal of becoming a top-twenty economy can only be achieved if Nigeria makes the transition to a new economy rooted in the 21st century that harnesses the power of knowledge and avoids a static oil-based growth strategy. Knowledge has always been central to development, but new technologies have made it globally accessible. Countries such as the Republic of South Korea, India, and the United States that have exploited new technologies and know-how have pushed their innovation and productivity frontiers. Countries that have failed to do so risk remaining mired in poverty. In order to achieve Vision 2020, Nigeria must move beyond the stop-start patterns of oil-based development that have characterized it since independence. It must create a stable and prosperous economy based on a critical mass of knowledge workers. Knowledge, Productivity, and Innovation in Nigeria examines how Nigeria can prepare for this century and where its leaders can focus to achieve their vision, presenting the experiences of other countries from which Nigeria can learn.
Download or read book Local Economic and Employment Development LEED Culture and Local Development written by OECD and published by OECD Publishing. This book was released on 2005-04-21 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication highlights the impact of culture on local economies and the methodological issues related to its identification.
Download or read book Mobilizing Science Based Enterprises for Energy Water and Medicines in Nigeria written by National Research Council and published by National Academies Press. This book was released on 2007-12-13 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developed in collaboration with the Nigerian Academy of Science, this report explores the ways in which science-based private enterprises can be created and encouraged in Nigeria and other developing countries to provide products and services that government is unable to supply in a timely and sustainable manner. Focusing on three critical challenges to health and developmentâ€"safe water, electrical lighting, and malaria therapyâ€"the report identifies a sample technology to address each of these challenges with potential for commercialization in Nigeria and Africa, and uses that sample technology to identify opportunities and barriers to creating the science-based enterprises in Nigeria.
