This study assesses the impact of higher education on worker productivity and salary in Kaduna State. The study administers a total of 100 closed ended questionnaire based on Likert five-scale to employers of workers in the State who while in the employment of their organisations pursued...

This paper attempts to empirically assess the impact of bank consolidation on equity financing of SMEs in Nigeria. Using secondary data extracted from the Deposit Money Banks (DMBs)' aggregated data on profitability and Small and Medium Enterprises Equity Investment Scheme (SMEEIS) disbursement...

This paper empirically examines the effect of capitalisation on the lending activities of banks in Nigeria using logarithmic transformed Central Bank of Nigeria's aggregated data on capital base and loans and advances of the entire Deposit Money Banks (DMBs) over the period of 1998 to 2008. The...

The trend of collapse and continual closure of business by Small and Medium Enterprises (SMEs) in Nigeria due largely to financial constraint has raised the important question of whether or not bank consolidation really impacts on the sector. Using an aggregated data for all the Deposit Money...

Governments of many developed and developing countries have designed and implemented various financial reforms to enable the sector play the role of efficient financial intermediation, thereby helping to bolster economic growth and development. This paper surveys past and present literature on...

The institutions of Zakah and Waqf are among the several instruments instituted by Islam to alleviate poverty and enhance welfare in the society. The main objective of this paper is to analytically discuss the efficacy of Zakah and Waqf institutions in the effort to combat poverty. The paper is...

In recent years, microfinance has emerged as an important instrument to help a large number of “unbankable” members of society, as a tool to help reduce poverty and encourage economic growth in neglected parts of the world. In order to achieve this, the Microfinance Policy, Regulatory and...

This paper explores the economic benefits of Islamic banking in Nigeria and the challenges of introducing it into conventional financial system in view of the arguments and counter arguments about the relevance and economic viability of Islamic banking on the one hand, and on the other hand, its...