as cheques‚ wire transfers‚ debit and credit cards‚ online transactions‚ and mobile banking. The advantages of a cashless society are enormous; from regulating‚ controlling‚ and securing the financial system of any economy. The Central Bank of Nigeria‚ led by its Governor Sanusi Lamido Sanusi‚ has put forward a policy requiring that all cash withdrawals and deposits be set at a daily limit of a maximum of N150‚ 000 while pegging that of corporate entities at N l‚ 000‚000‚ with penalty fees of N100
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advantages referred to as ‘Information and Communication Technology (ICT). Combination of technologies have brought rapid changes in some areas‚ predominantly in knowledge management‚ covering aspects of knowledge creation‚ processing‚ storage‚ sharing‚ dissemination‚ collaboration and human resource development‚ in the level of education and training as well as work output and productivity. To overcome the lag in adoption of ICT in the country‚ the Government of Cambodia has committed to the development
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Electoral college is a process that is set up by our founding fathers in the constitution; it is a “compromise between election of the President by a vote in Congress and election of the President by a popular vote of qualified citizens” (U.S Electoral College). Electoral college is an example of indirect democracy; therefore‚ we do not choose our president directly. Thus‚ electoral college is not democratic. Electoral college is a group of people appointed by each state‚ who formally elect the
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ABSTRACT: No doubt education is the bedrock of development of any country or nation. But unfortunately Education in Nigeria is bisected with myriads of problems. The aim of the study is to identify and provide solutions to the problems that are mitigating about the success in the education sector of the country. For meaningful development to take place in the educational sector; the government need to re-address the issue of multiple system of education‚ diversification in the education system
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Youth Unemployment in Nigeria INTRODUCTION Nigeria is the most populous country in Africa and the eighth most populous country in the world with a population of 154‚ 729‚000 citizens. Our nominal GDP is $207. 116 billion and we have a nominal per capita income of $1‚ 4011. Nigeria also has the second largest economy in Africa. If I may ask‚ is this country not blessed? Yet‚ it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government and
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Research Journal of Finance and Accounting ISSN 2222-1697 (Paper) ISSN 2222-2847 (Online) Vol 3‚ No 10‚ 2012 www.iiste.org International Financial Reporting Standard (IFRS): Benefits‚ Obstacles And Intrigues For Implementation In Nigeria *IKPEFAN‚ OCHEI AILEMEN Ph.D (Banking &Finance)‚ ACA‚ACIB Department of Banking & Finance‚ Covenant University‚ Ota‚ Ogun State E-mail: ochei_ikpefan@yahoo.co.uk; Tel:234- 08053013418 **AKANDE‚ A.O B.Sc (Business Administration)‚ MBA; Department of
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Electronic Retail Payment Systems: User Acceptability and Payment Problems in Nigeria 1.1 Introduction The world has witnessed an upsurge of electronic payment instruments meant to facilitate trade and simplify payments. (Abor‚ 2004) Before the introduction of electronic payment into the Nigerian banking system‚ all customers had to walk into the actual bank to do transaction of all kinds. Customers had to queue up and spend more hours to talk to a teller to make their transactions. (Abor‚ 2004)
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Brittany Dunn English 101 (120) M. Leone 8 September 2013 The Process of a Process English is a subject every student is this county is required to take. What comes hand in hand with English? Essays (majority of peoples’ worst nightmare when entering the course) come hand in hand with English. Now depending on the teacher (professor) a “Process Analysis” otherwise known as a “How To” paper is just one of the necessary dissertations for the year. Have you ever wished for someone to just give
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Comparison of Development in Communication of ICT The decades of 60s and 70s saw dynamic world-wide growth of electronic media which produced so-called “information technology”. The idea using mass media grew out from the belief that media has and extraordinary power to change the human behavior. Many communication experts began to advocate the use of mass media for accelerating the transfer of technology and information. The role of media is now changed to more developed and modern way of conveying
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The Electoral College consists of 538 electors who ultimately select which presidential candidate will become president. The president has multiple responsibilities and requirements. Therefore‚ he/she must be elected with something effective. The Electoral College is a system that is favored by some‚ but disliked by some as well. I think the Electoral College is a great concept and no changes should be made to it. One argument in favor of the Electoral College I found most convincing was that it
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