THE ROLE OF THE STOCK EXCHANGE MARKET IN THE ECONOMY

Abstract: This study explores the critical role played by the Nigerian Stock Exchange Market (NSEM) in the economic development of Nigeria. Positioned as a central component of the capital market, the stock exchange is essential for mobilising long-term capital for investment and fostering financial growth. While the NSEM is designed to stimulate economic development through … Read more

Share this topic with your friends

COMMERCIAL BANKS LENDING PRACTICES AND THE INCIDENCE OF BAD DEBT IN NIGERIA

This paper critically examines the lending practices of commercial banks in Nigeria and their relationship with the rising incidence of bad debts. Bad debt, non-performing or irrecoverable loans, poses a significant threat to the financial stability of banks, often leading to weakened earnings and, in severe cases, institutional collapse. Through an analysis of secondary data … Read more

Share this topic with your friends

BREAK-EVEN THEORY AND ACCOUNTING AS A MANAGEMENT DECISION A TOOL(A CASE STUDY OF NIGERIAN HOECHST PLC)

CHAPTER ONE: INTRODUCTION: The success of a business is generally attributable in great measure of the ability of its management personal to cope with probable conditions of the future.  Short  range as well as long-term plans must be made accomplished through sound management evaluation.  However, many aids have been controlling and co-ordinating the function of … Read more

Share this topic with your friends

ANALYSIS OF BUSINESS OBJECTIVE AND THEIR ACCOMPLISHMENT THROUGH EFFECTIVE COST CONTROL (A CASE STUDY OF LAKE CONCRETE INDUSTRIES LIMITED, ENUGU STATE)

Abstract: This research investigates the analysis of business objectives and their achievement through effective cost control, with a focus on Lake Concrete Industries Limited, Enugu State. The study examines the challenges faced by the company, including shortages of raw materials, excessive demand, ineffective stock planning, and inefficient stock management. Utilizing a combination of questionnaires, interviews, … Read more

Share this topic with your friends

BALACING AND BURGETING CONTROL IN A MANUFACTRURING AND MARKETING ORGANIZATION (A CASE OF STUDY OF TOTAL NIGERIA LTD)

Abstract: This research examines the importance of budgeting and budgetary control in ensuring profitability within manufacturing and marketing organizations, using Total Nigeria Ltd as a case study. Budgeting is a critical tool for effective financial management, facilitating coordination, planning, and performance monitoring. The study investigates the role of budgeting in enhancing decision-making processes, ensuring resource … Read more

Share this topic with your friends

FRAUDULENT ACT IN THE BANKING INDUSTRY: CAUSES EFFECTS AND POSSIBLE REMEDIES

ABSTRACT: The analysis of secondary data revealed significant trends in bank fraud and forgery cases, including the involvement of staff and their impact on commercial and merchant banks. These findings underscore the persistent threat of fraudulent activities within the banking sector, even in highly regulated environments. To address these challenges, the study recommends rigorous employee … Read more

Share this topic with your friends

A CRITICAL ANALYSIS OF BUDGETARY CONTROL: ITS EFFECTIVENESS AND EFFICIENCY IN A NON PROFIT MAKING ORGANIZATION – (A CASE STUDY OF N.C.R.I BADEGGI)

CHAPTER ONE INTRODUCTION     The  essence of budgeting is to provide an essential element of control in an organization  in order to facilitate the achievement of set objectives .The control process is the fundamental   organization      link between the manager and the other people in an  organization   in  a non profit making organization output various with … Read more

Share this topic with your friends