EXECUTIVE SUMMARY Commercial banks occupy a dominant place in the money market. They‚ as a matter of fact‚ form the largest component in the banking structure of any country. They are the oldest‚ largest and fastest growing financial institutions in India. They are profit making institutions‚ dealing in money and credit. Commercial banks play a major role in the growth and development of the country due to the modern organization and functioning‚ huge funds and wide network all over the country
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1. Perform a STEEP analysis to understand the general environment facing Citibank. How will Citibank be affected by external factors? In particular what is the affect of the internet on the banking industry and Citibank? a. Social & Demographic: - Commercial cards enabled customers to receive consolidated spend data for all countries within Asia. - Clients can benefit from in consistency in products‚ delivery‚ and services. - Only balanced card issuers are able to deliver local-currency
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until 2011‚ reaching an all time high of 23.90 per cent in December 2011. The NBS measures unemployment rate by the number of people actively looking for a job as a percentage of the labour force. In its Economic Report on Nigeria released in May this year‚ the World Bank noted that “Nigeria’s annual growth rates that average over seven per cent in official data during the last decade place the nation among the fastest growing economies in the world noting that the growth has been concentrated
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The Daubert Challenge or Standard is simply when an opposing counsel questions the opposing side expert’s testimony. The admissibility and validity of an expert’s testimony is challenged during a hearing where said expert is brought before a judge. The expert or counsel who is relying on said expert is required to prove that his or her reasoning and methodology is both scientifically valid and applicable to the case in question. The Daubert Standard allows the court to be the gatekeeper for the court
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Abstract Rural development of the grassroots has been the concern of every responsible and responsive political system. This is because development and participation have continued to elude people of the grassroots. Development remains insignificant if it does not positively affect the lives of those in the periphery of decision making arrangement. The Nigerian state therefore created local government as the third tier of government whose objective is to ensure effective‚ measurable and efficient
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CURBING CYBERCRIME IN NIGERIA. Seven years ago‚ back in my secondary school‚ we were invited for an annual debate: internet has done more harm than good‚ argue for or against‚ I wondered how in the world our rivals were going to yank purpose at this theme‚ this one sided coin. It was improbable and we were the only victors I could see. There was hardly any blemish to the internet; it was the best thing you can imagine. Bringing the world to the very doorstep of everyone amidst a host of all
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Business Communication Report on The Organizational Structure and its challenges Prepared by: ( Nishwa Saeed ) ACKNOWLEDGMENT First of all‚ thanks to ALLAH for giving us the courage to complete this task in time. Even we as a team faced a lot of difficulties to complete this task‚ our group still manage to complete it. Then thanks to my communication teacher‚ for being such a good guider for us‚ and by giving us this opportunity to fulfill our task. We also want to thank to one of
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THE IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON PROFITABILITY IN THE NIGERIA BANKING INDUSTRY: FOCUS ON SOME SELECTED BANKS BY AKOMBO TERSEER SIMON BSU/MS/MBA/09/3150 A SEMINAR PAPER PRESENTED TO THE DEPARTMENT OF BUSINESS MANAGEMENT‚ BENUE STATE UNIVERSITY‚ MAKURDI AUGUST‚ 2011 Abstract Commercial banks—assaulted by the pressures of globalization‚ competition from non-banking financial institutions‚ and volatile market dynamics—are constantly seeking new ways to add value to
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Ade Ojo was born on June 14‚ 1934 at Ilara-Mokin in Ondo State‚ South West of Nigeria. He studied Business Administration at the University of Nigeria‚ Nsukka (UNN) and graduated in June‚ 1965. He has worked with some multinational companies including C.F.A.O.‚ the then British Petroleum (BP) now African Petroleum Plc. Today he is the proud owner of ELIZADE NIGERIA LIMITED with several subsidiaries including Toyota Nigeria Limited‚ Oodua Creations Limited‚ Crown and Gold Shipping Company Limited among
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CORPORATE AFFAIRS COMMISSION RESEARCH UNIT Date : 2nd Quarter‚ 2009 From : Agriculture Desk Subject : Boosting Agricultural Productivity in Nigeria. Introduction: Agricultural sector was the mainstay of the Nigerian economy before independence‚ 75% of the Nigerian workforce was engaged in agriculture and immediately after it‚ until the oil boom of the 1970s. In the 1970s‚ agriculture provided the needed food for the population as well as serving as a major foreign exchange earner
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