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Articles 1 - 13 of 13
Full-Text Articles in Social and Behavioral Sciences
Msme Sector: The New Paradigm For Nigeria's Economic Development, Adewale M. Mustapha
Msme Sector: The New Paradigm For Nigeria's Economic Development, Adewale M. Mustapha
Bullion
MSMEs play a major role in most economies, especially in developing countries. This paper examines the opportunity provided by FSS2020 to enhance development of the MSME sector in Nigeria. The paper begins by examining the concept of FSS2O2O strategy for the MSME sector with specific focus on the six (6) Strategic Objectives and three (3) Transformational Programs to drive the development of the sector. These strategic objectives and the respective initiatives have a high multiplier effect on the entire Nigeria financial system. The six objectives ore: Advocate and Work with the government to Drive SME development, 2. Promote Financial Reporting …
The Banking System, Manufacturing Sector And Sustainable Economic Development., Risikat S. Oladoyin Dauda
The Banking System, Manufacturing Sector And Sustainable Economic Development., Risikat S. Oladoyin Dauda
Bullion
The paper is structured into five sections. Section one presents the introduction, while section two presents conceptual and theoretical issues. Section three captures issues in Nigeria's manufacturing sector, Section four presents a brief overview on the performance and financial intermediation roles of Nigeria's banking industry vis-a-vis the manufacturing sector, Section five and six contains the challenges and prospect of promoting banking system intermediary services in the manufacturing sector for sustainable development and concludes the paper respectively.
Financial Soundness Indicators And Macroeconomic Variables: An Empirical Investigation Of The Dynamic Linkages, Baba N. Yaaba
Financial Soundness Indicators And Macroeconomic Variables: An Empirical Investigation Of The Dynamic Linkages, Baba N. Yaaba
Bullion
The Financial soundness indicators compiled for Nigeria within the context of IMFs Financial Sector Assessment Programme has been proven to be capable of pre-empting financial crisis. Analysts, however, considered it imperative to further explore the characteristics of the indicators, particularly their relationship with other macroeconomic variables to enhance the understanding of its dynamics so as to improve on its usefulness. This study, as a maiden attempt, applies Autoregressive Distributed Lag (ARDL) approach to investigate the dynamic linkages between the indicators and selected macroeconomic variables covering the period 2007 Q1 to 2015 Q4. The results indicate that macroeconomic events dictate the …
How Micro Small And Medium Enterprises (Msmes) Can Leverage On Central Bank Of Nigeria's Real Sector Initiatives, Paul Nduka Eluhaiwe
How Micro Small And Medium Enterprises (Msmes) Can Leverage On Central Bank Of Nigeria's Real Sector Initiatives, Paul Nduka Eluhaiwe
Bullion
This paper seeks to explore how MSMES can leverage on financing interventions of the CBN with a view to enabling them grow their businesses, employ more Nigerians and contribute to GDP.
Macroeconomic Stability And The Role Of Financial Institutions In Promoting Financial Inclusion In Nigeria, Mbutor O. Mbutor, Ibrahim A. Uba
Macroeconomic Stability And The Role Of Financial Institutions In Promoting Financial Inclusion In Nigeria, Mbutor O. Mbutor, Ibrahim A. Uba
Bullion
This article discusses the role of financial institutions in promoting financial inclusion in Nigeria as well as its macroeconomic stability. Positive growth of the economy is prerequisite for financial inclusion but the stability of the economy is sine qua non for economic growth. Therefore, the discussion of financial inclusion is best served when enclosed in the framework of the extent to which the economy is stable. The article further highlights financial inclusion and its related concepts and the role of financial institutions in promoting financial inclusion.
An Overview Of Financial Sector Reforms And Intermediation In Nigeria, George Okorie, Uche J. Uwaleke
An Overview Of Financial Sector Reforms And Intermediation In Nigeria, George Okorie, Uche J. Uwaleke
Bullion
Financial systems all over the world play very important roles in the development and growth of the economy. However, the effectiveness and efficiency of the system as well as its scope and capacity varies quite considerably among economies. This is partly because of the varied levels of ,development. More developed financial systems tend to be associated with the more developed economies. This paper advocates the speedy adoption of international financial reporting standard for all Nigerian banks (currently in the pipeline). This reform, while by no means a cure-all for problems of bank transparency, would nonetheless be a significant step forward, …
Electronic Banking In Nigeria: Problems And Prospects From The Consumer's Perspective, Agbada A.O
Electronic Banking In Nigeria: Problems And Prospects From The Consumer's Perspective, Agbada A.O
Bullion
This paper explores the adoption of electronic banking [e-banking] in Nigeria. It examines the problems and prospects of e-banking in Nigeria from the consumer's perspective. The research findings show that a number of problems ranging from human, operational and technical constraints hinder the maximum utilization of services provided through e-banking channels in Nigeria. However, the results from the study have also revealed that despite these problems, the rate of adoption of e-banking services in Nigeria is phenomenal as banks have recorded outstanding successes in some areas. Nigeria is a consuming nation and based on the experience from other sectors of …
Overview Of Currency Management In Nigeria., K. S. Adeyemi
Overview Of Currency Management In Nigeria., K. S. Adeyemi
Bullion
This paper seeks to highlight the issues in currency management, identify the challenges of currency management in Nigeria, and situate the currency management reforms of the Central Bank of Nigeria in proper context. The paper is structured into six sections. Following the introduction, the key dimensions of the currency management function is highlighted in section 2. Section 3 reviews the major currency episodes in Nigeria while section 4 examines the shortcomings of the existing currency arrangements. Nigeria's reform effort in currency management is discussed in Section 5 and the paper is concluded in section 6 by observing that: as inflation …
The Future Role Of Technology In Banking Development In Nigeria., Paul A. Ogwuma
The Future Role Of Technology In Banking Development In Nigeria., Paul A. Ogwuma
Bullion
This is an address by the Governor of the Central Bank of Nigeria which examines the evolving relationship between banking sector development and technology in Nigeria and highlight both the future role of banking technology and the challenges that lie ahead. The address also argues that the economy is not only driven by technological advances, but have also in turn spawned technological developments. Technology has been the hub of banking development since the last decade and will continue to be so, well into the 21st century. the main focus of the address is information technology in the integrated form of …
Agribusiness, The Environment And Sustainable Economic Growth In Nigeria., G. E. Ukpong Dr,, G. O. Evbuomwan, E. U. Ukeke, F. O. Afemo
Agribusiness, The Environment And Sustainable Economic Growth In Nigeria., G. E. Ukpong Dr,, G. O. Evbuomwan, E. U. Ukeke, F. O. Afemo
Bullion
The paper reviewed the performance of agribusiness in Nigeria in recent years and some major environmental problems which affected it, with a view to making some suggestions capable of fostering sustainable environment and growth of agribusiness in the interest of all economic agents.
Issues On Macro-Economic Management In Nigeria., Gianni Zanini
Issues On Macro-Economic Management In Nigeria., Gianni Zanini
Bullion
This paper examines the main source of inflationary pressures, and established the source of destabilization of the exchange and interest rates as the Budget deficit which has been increasing at an unsustainable pace since 1990. It also ascertain that stabilizing the economy will require a significant and sustained budget surplus with no additional domestic bank borrowing. It states that economy stabilization will also require a liberalization of foreign exchange and credit markets.
The State Of The Nigerian Economy And The Policy Options., A. Ahmed Alhaji
The State Of The Nigerian Economy And The Policy Options., A. Ahmed Alhaji
Bullion
The text of Speech delivered at the 1992 Annual Dinner of the Chartered Institute of Bankers of Nigeria at L'Hotel Eko Meridien, Victoria Island, Lagos, on 13th November, 1992.
The Need For Discount Houses In Nigeria., O S. Oduyemi
The Need For Discount Houses In Nigeria., O S. Oduyemi
Bullion
Given the rapid expansion of Nigerian economy and the growth in government activities, discount houses in Nigeria will not only have busy schedules but will also be lucrative. The paper discusses the antecedents for the establishment of discount houses in Nigeria as well as their functions. To facilitate the presentation, the paper is divided into three parts. Part I highlights the role of discount houses and their functions. Part II discuss the rationale for establishing discount houses in Nigeria. The paper ends in part III which contains a discussion on prospects of discount houses in Nigeria as well as a …