The Role of Central Bank of Nigeria in Stabilizing Nigeria Economy

The Role of Central Bank of Nigeria in Stabilizing Nigeria Economy

The Role of Central Bank of Nigeria – A central bank is the organ of government that undertakes the major financial operations of the government and by it’s conduct of these operations and by other means, influences the behaviours of financial institutions so as to support the economic policy of the government.

In other words, Central Bank stands as the apex of the banking system and it has a very close association with both the government and the banking sector of the economy. [Read more…]

Financial Ratios as a Tool of Evaluating the Performance of Companies for Investment Decision

Financial Ratios as a Tool of Evaluating the Performance of Companies for Investment Decision

IMPORTANCE OF FINANCIAL RATIOS

          The benefits derived from the financial ratios cannot be over emphasized. Financial ratio means a ratio of monetary magnitudes obtained from a firms financial statements that reflects some aspects of the firms performance.

  1. Bernstain, sees financial ratio as a tool of financial analysis that exposes the latent problem, weakness or strength of business organization. He equally said the financial ratio when properly interpreted will show area requiring further investigation and enquiry. These ratios reveal conditions and trends that cannot be identified by an inspection of the individual components of the ratio.

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The Impact of Mergers and Acquisition in Nigerian Economy

The Impact of Mergers and Acquisition in Nigerian Economy

The impact of this is of great importance because it highlights the consequential success of failure (that is, profitability or otherwise) and the operating problems.  The great importance is that it has positive impact or importance and negative impact or importance.

2.1.1  THE POSITIVE IMPACT/EFFECT:

The impact of mergers and acquisition in Nigerian economy has economic value because it gives rise to three basic structural movement or expansions. [Read more…]

The Role of Money and Monetary Policies in the Economy

The Role of Money and Monetary Policies in the Economy

The role of money and monetary policies has been one of the offer debuted issues in development economics for long. Despite schunpeter’s  dramatization of money and credit as phenomenon of development the nature of momentary policy   remained ill-defined until reticently, for two reasons, for one thing monetary policy was relieved in a narrow perspective as  influencing aggregate demand in the regulation of interest rate credit availability and credit allocation for another, views on the  rode of money and monetary policy  was dominated  by then prevailing perception of the growth process himself,  and modern growth theory had not yet assigned a meaning full function to money. But Dr Robert moxiu looks at the role of money   from the perspective that it services several purpose in the society. [Read more…]

Impact of Pricing Policy on Profitability Level of an Organization

Impact of Pricing Policy on Profitability Level of an Organization

PRICING AND PRICING DECISION: OVERVIEW AND DEFINITION:  Many firms have no pricing problem why; becomes they produces products that are in competition with other similar products for which a market price already exist, customers will not pay more than the normal price. There by under this circumstance no price calculation is necessary. And any firm entering the market will simply charge the price the market directs it to accept. In most situations a firm is faced with the problem of pricing that is deciding on the appropriate price for its products and services. Thus, pricing decisions are considered as the most important decision that a manager has to make because it can make or mar the organization. [Read more…]