precisely January 2012, Nigeria was essentially a cash based economy. Then, the banks had to contend with high volume of transactions, which resulted in long queues at banking halls. The queues alone made banking difficult, to the extent that many Nigerians decided to remain unbanked. However, with the introduction of cashless policy, which signaled the adoption of electronic banking, through Automated Teller Machine (ATM), Point of sale (POS) and others, the Central Bank of Nigeria (CBN) intended to bring
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wheeler manufacturing company of the world. It is present in over 50 countries all over the globe. The company is dominantly present in Africa and Latin America with increasing market share every year. Although Bajaj already exporting their product in Nigeria, but we think that they should plan to establish a manufacturing plant in that country. Pro’s and Con’s of entering the market ➢ The two wheeler market runs on high economies of scale. So it is very essential to capture the
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on Nigeria’s economic development challenge, this paper reviews business economics, outlining the relationship with innovation and social entrepreneurship. It also presents a holistic framework for economic development covering the individual, firm and macro levels, and outlines the roles of stakeholders at each level, in fostering national development. It concludes by calling on all stakeholders to play their part in leveraging entrepreneurship and all aspects of business economics to unleash the
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A MARKETING CASE STUDY ON AXIS COMMUNICATIONS BY JOHN OLUGBENGA ADEGBOYE 08032004784 TABLE OF CONTENTS 1. INTRODUCTION……………………………………………………………………………………………………….3 2. SITUATION ANALYSIS………………………………………………………………………………………………..4 3.1 External Analysis.....................................................................................................4 3.2 Internal Analysis..........................................................................................
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ERADICATING POVERTY IN AFRICA Poverty is generally considered as the state of being poor: conditions of abject, extreme poverty, which has been on the increase in Africa, with particular reference to Northern Nigeria (with diseases like polio, measles and leprosy being pandemic and of course street begging on the increase). Aloku (1975) and Townsend (1962) refers to poverty as a lack of command over basic consumption needs, which means, in other words, that there is an inadequate level of consumption
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06.2008 Economic Development through Globalisation in Nigeria An analysis of Shell & the IMF Structural Adjustment Programs Sven Bokhari 820619-P291 Fabrizio Del Duca 791225-P114 Group number: 1983 Summary Date: Level: Authors: 2008/06/03 Master thesis in International Business and Entrepreneurship, 10p (15ECTS) Sven Bokhari Västerås Date of birth: 19820619 Fabrizio Del Duca Västerås Date of birth: 19791225 Title: Economic Development through globalisation in Nigeria. An analysis
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Monetary Policy in Nigeria The Impact of Monetary policy on Nigeria’s Economic Growth. Monetary Policy in Nigeria - Developing countries growth policies are better delivered as full packages since fiscal and monetary policies are inextricable, except in terms of the instruments and implementing authorities. However, monetary policy appears more potent in correcting short term macroeconomic maladjustments because of the frequency in applying and altering the policy tools, relative ease of
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1522-0222 Importance of Information and Communication Technologies (ICTs) in Making a Heathy Information Society: A Case Study of Ethiope East Local Government Area of Delta State, Nigeria Monday Obaidjevwe Ogbomo Esoswo Francisca Ogbomo Department of Library and Information Science Delta State University Abraka, Nigeria Introduction There is widespread research interest in information and communication technologies (ICTs). According to Crede & Mansell (1998), ICTs are crucially important for sustainable
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attempt to secure more power or access more resources. The opinion of this study is that conflict in Africa is synonymous with inequality . Using Nigeria and South Africa as case studies, it compares the management of ethnic conflicts in both countries and shows the difficulties in managing deep-rooted and complex conflicts. The governments of Nigeria and South Africa have taken bold constitutional steps to reduce tension, but the continuing ethnic and religious conflicts raise questions about the
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attributed to various factors including poverty, inadequate infrastructure, poor Internet penetration, high cost of energy, corruption and an unstable political system. However the trend seems to be changing since the mid 2000s. Economic index and a potential growth market Nigeria is an example of a developing economy that is embracing IT systems in organizations due to the rapidly growing trend of consumers utilizing the Internet. Internet usage has increased as a result of the increasing use of
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