Naira Exchange Rate Depreciation and Domestic Inflation in Nigeria

NAIRA EXCHANGE RATE DEPRECIATION AND DOMESTIC INFLATION IN NIGERIA

The position of a country’s currency in the international market relies on a number of factors including the quality of goods and services produced internally, the state of economy, the competitiveness and volume of export.  In free market economy exchange rate of a currency is determined by the forces of demand and supply.  It is also partially determined by foreign  reserves. [Read more…]

Nature of Banking Services in Nigeria

NATURE OF BANKING SERVICES IN NIGERIA

It is noteworthy that very few people have given attention to the problem of how to boost the extent of banking services nature.  It is surprising why this aspect of banking has suffered such neglect despite the contributions it could make to the growth of the economy.  The contributions of the few that have tried are not as elaborate as we have it in this work. [Read more…]

Problems and Prospects of Pension Administration in Nigerian Public Sector

PROBLEMS AND PROSPECTS OF PENSION ADMINISTRATION IN NIGERIAN PUBLIC SECTOR

The importance or role of effective administration of gratuity and pensions as argued and discussed by various authors and scholars both within and outside the country cannot but provide to both the academicians and practicing administrators with the conceptual and analytical point of interest. [Read more…]

The Importance of Inventory Management as a Tool for Cost Reduction in Manufacturing Companies

THE IMPORTANCE OF INVENTORY MANAGEMENT AS A TOOL FOR COST REDUCTION IN MANUFACTURING COMPANIES. (A CASE STUDY OF NIGERIAN BREWERIES, PLC 9TH MILE CORNER)

The economic boom of the last two decades or so appear to have given way to a slight form of depression globally especially in the third world and some developing countries. Some developing country such as Singapore, Malaysia, Thailand, Indonesia, and generally the Asian Tigers are doing fine though and are economically very important. Back home here is Nigeria the situation is that of depression and absolute poverty, high inflation very low purchasing power resulting from very low Gross national product per capital income, and al these have led to disappearing interest in luxury goods especially. [Read more…]

Importance Of Communication in a Business Organization

IMPORTANCE OF COMMUNICATION IN A BUSINESS ORGANIZATION

The history of communication in business organization in Nigeria had a very humble beginning intricately interwoven with the social history of the country. In the olden days, people lived in fear because of the tribal wars, the lave trade and the menace of dangerous animals. It was therefore, necessary to summon the people in terms of danger when there was a threat to life and property. [Read more…]