This study was conducted to investigate the impact of deficit financing on socio-economic activities in Nigeria. To achieve this objective research questions were raised, hypotheses were formulated and relevant literatures were reviewed. In gathering the necessary data for this study, various...

This study was conducted to examine the impact of oil and gas production on the socio-economic development of the Niger-Delta Region of Nigeria with due consideration to the role of oil industry operators and the government. To achieve the above objective, research questions were raised,...

Nigeria regulates her financial reporting just like other nations of the world. There exists various regulatory authorities and regulatory framework. Despite the existence of these bodies, the country still experience corporate failures in the banking and other sectors of the economy. In...

The Capital Market is the engine of growth in modern economies. A right legal and regulatory framework under a free economy with free enterprise is the spring board for development of this market which is the long term end of the financial market. The absence of a Capital Market will hamper...

Indeed the burden of the external debt is the cankerworm that has bedeviled not only African counties but the third world counties as a whole. In this paper, the authors carefully "x-rayed" the scenario and arrived at a conclusion that with pragmatic and sustained economic reform, Nigeria will...

This paper titled "The Critical Appraisal of the Performance of Revenue Sharing Formula Towards a Sustainable Fiscal Federalism in Nigeria from 1970 to Date", is thoroughly addressed, made compressive and simplified. It is sub divided into the introduction, problem identification, statement of...

Profit is the balancing figure of sales over costs and of primary concern to management in a business enterprise. The volume of sales never remains constant. It fluctuates up trend and down trend and income also goes up trend and downtrend with fluctuations in volume. Profit is the result of...

With the nationalization In 1972 and 1977 of foreign interest investments in other enterprises, the government has over the years been the major player in the Nigerian economy with unarguably the highest individual holding in terms of quantum of investments. As a result of the extent of...

An issue of concern which the Nigeria government must study and know its various ramifications is that of debt. Government should borrow for reasons of economic compulsion or for furthering economic and social development and not for the sake of borrowing. Nigeria, like most Third-World...

Accounting is an old profession. Records of transactions have been prepared for centuries. Then accounting was not a profession but a mere record-keeping. Today, accounting is a profession and accounting activities are more challenging than ever before. Accountants have an obligation to the...