The Implication of Common Currency for West African Countries

THE IMPLICATION OF COMMON CURRENCY FOR WEST AFRICAN COUNTRIES

In the words of Oyewumi (2001), confrontational posture of the relentless onslaughts of global capitalism, unfavourable term of trade and a heavy debt burden, the economic plight of poorest members of the international community has been more desperate despite the countries means of achieving economic growth. By pooling their resources, they hoped to benefit from economic of scale, speed up development, and reduce external dependence. Nowhere is the need for regional integration more urgent than in Africa, the continuant at the bottom of the international economic pecking order.       [Read more…]

The Role of Financial Accountability in a Public Limited Company

THE ROLE OF FINANCIAL ACCOUNTABILITY IN A PUBLIC LIMITED COMPANY

The website 3rd international dictionary defines financial as relating to finance and financers or in good standing as to payment of dues. This same dictionary defines accountability as the quality or state of being accountable, liable or responsible, when these two words are put together as financial accountability, its meaning can therefore easily discerned to, according to Rosenberg, (1988) as the process of making top corporate leaders responsible for their actions, goals and so on, utilizing available objective measures. [Read more…]

The Role of Central Bank of Nigeria PLC in Agricultural Finance Development

THE ROLE OF CENTRAL BANK OF NIGERIA PLC IN AGRICULTURAL FINANCE DEVELOPMENT – PROBLEMS AND PROSPECTS

This research work in particular is very crucial one in any economy as it deals with policies of the bank at the apex of the banking system (the central Bank) and one of the most priority sector of Nigeria economy – the Agriculture sector.  As a result much ought to have been written on it by eminent school and schools of thought in the field of banking, finance, monetary economies and Agriculture, but only very few have dealt with the two aspect (CBN and Agriculture). [Read more…]

The Role of Financial Management in a Co-Operative Organization

THE ROLE OF FINANCIAL MANAGEMENT IN A CO-OPERATIVE ORGANIZATION

There have been great deals of research conducted in areas that are either directly in line with what the researcher is doing. Most of them exposed money questions than they were able to answer which consequently stimulate further researches like this. [Read more…]

The Role of Public Accounts in the Formation, Acquisition and Liquidation of a Company

THE ROLE OF PUBLIC ACCOUNTS IN THE FORMATION, ACQUISITION AND LIQUIDATION OF A COMPANY

The accountant and the business environment are inseparable. Accountants are the financial director of business. During period of economic boom the accountants is needed to record analysis and report financial performance of business. When the same business witnesses a turndown, when prospect of failure booms high the accountant in indispensable in the process of liquidation. So the accountant and his roles can be most meaningful defined when viewed from the prospective of finance and business. [Read more…]