ABSTRACTThe main aim of this research work is to establish that all things being equal the loan will be safe, properly used and repaid on schedule. But this is gamble in the future. All things may not be equal and things may go wrong such that basis for optimism established and expected do not materialize. This is why the banker should not be left uncovered. The purpose of the research is to evaluate the extent to which commercial banks in Nigeria desire securities for loans in bank in...
ABSTRACT The importance of personal income tax to government, both as a revenue source and as a fiscal policy factor cannot be over emphasized.In order to achieve this objective, the project work was divided into five chapters, each chapter dealing with an aspect of the work and helps to highlight the rudiments which when collated, get the root of the investigation.Chapter one deals with the background of the study, statement of problem, purpose of the study, delimitation of the study, resear...
INTRODOUCTION The velalive insufficiency of fund for capital investment is a common factor in every economy especially in developing counties of the world. In developing counties like Nigeria; the low level of capital investment manifest in high unemployment rates; low productivity and corresponding low standard of living for greater majority of the population. Finding a solution to this problem of providing fund for capital investment has been a major pre-occupation of fina...
ABSTRACT Central banks are general known to be concerned with the maintenance of monetary stability. This task involves the regulation of money in circulation consistent with the absorphic capacity of the economy axiomatically, excessive growth in money supply rates to high rates of spending on domestic or foreign goods given that domestic supply of goods and services in essentially in elastic in the short run, excess liquidity is likely to result in substantial inflationary is like...
ABSTRACTPolitical stability in Nigeria has led to a marked improvement in the general operating environment in the country. Hence capital maintenance is looked into in the period of inflation as the only way out.The word inflation is not a new phenomenon; it has been experienced by most countries in the world at some stages in their history. Mere looking at this statement, ones mind will really run to developing countries; but it is history that the UNITED KINGDOM in 1974 when they could ...
ABSTRACT Capital budgeting involve basically the estimation of the cash flow, estimation of the expected cash return and application of evaluation techniques in making investment decision.This study looked into the extent to which the Nigerian breweries do carry out proper evaluation of capital project before making their investment decision as well as the extent in which other factors are consider in the decision process.The study wills assertion the extent to which capital budgeting evaluat...
CHAPTER ONEINTRODUCTION1.1 Background of study Union Bank of Nigeria plc is one of the first generation banks started to the colonial era. Formally known as Baraclays bank DCO (Dominion Colonial and Overseas) it was opened in1917. In compliance with the directive of the government in 1968, that all companies (Including Banks) must be incorporated locally in Nigeria in1969 and its name was consequently changed to Baraclays Banks o...
CHAPTER ONE1.1 INTRODUCTIONIn most developing countries including Nigeria, government participation in economic activity is usually significant. One of the ways through which government has intervened in Nigerian economy is through the establishment of public enterprises and statutory bodies operating services of an economic or social character on behalf of the government. Since the colonial era, especially after independence in 1960, Nigerian public enterprises have witnessed a stead...
ABSTRACTThe purpose of this study is to find out if actually there is an impact of taxation as aid to economic development and my study is based on the survey of Enugu State, using Oji River as a case study. This research also became necessary in order to bring to the proper understanding of the enquirer the best ways to solve such problems connected with the taxation especially: what is taxable, which system of tax is acceptable, the rate of tax evasion and avoidance and the assessment of ...
ABSTRACT This study deals with impact of loans and Advances in community bank: A case study of Okulu community Bank Ebugu. To Quicken this study four research and four hypothesis were formulated. Based on the a structure questionnaire was built to clict the needed data from respondent mean and standard deviation were used in analyzing four research questions, while to test was used the further test the hypothesis. Major findings includes: That the lending requirement for small sc...
ABSTRACTThis study is motivated by the fact that federal expenditure and money supply as a tool on the rate of unemployment. But to which extent, these instrument have contributed either to worsen the problem of unemployment or alleviate it.To investigate this problem, two hypotheses were formulated as follows.Ho: There is no relationship between money supply and unemployment.Hi: There is no relationship between federal expenditure and unemployme...
CHAPTER ONEINTRODUCTION 1.1 BACKGROUND OF THE STUDYThe management of financial resources in the pubic sector is the heart of government administration of financial manning and control in pubic sector. Financial control can then be seen as the process, which assures that financial resources are obtained economically, and used effectively and effectively in the accomplishment of descried galas.Thus of can be said to be an assurance process, which includes the process of decision –...
CHAPTER ONE1.0 INTRODUCTIONThe rigorous and strains of borrowing, especially in Nigeria and Africa in general are not doubt enormous. The fault is not that of the lenders (banks) alone as critics claim that the borrowing public are partly responsible for the frustrations. A large portion of the borrowing public are substantially under-educated (about borrowing with this regard, they approval heir prospective lenders unprepared and largely ignorant of the why’s and what’s of th...
CHAPTER ONE1.0 INTRODUCTIONAccounting is very essential in every profit makingorganization that has economic resource such as money, machinery and building, while it has bee called the language of business. It has serves as a language to provides financial information about non profit oriental businesses organization such as churches, government, charities, hospital, club etc. In addition once role or objectives in life as a manager. Politician, investor, student he wile find th...
CHAPTER ONE1.1 INTRODUCTIONRecently the government feeling the mismanagement of our parastatals has been the subject of debate. It felt that some of these parastatals are performing below expectation. Some incurred huge debt, which are being repaid and serviced by the government. The government is also worried that substantial part of it votes were used to support public enterprise whose provision of goods and services were often expensive, inefficient and subject to political...