by the residents of Maiduguri because of its strong opposition to Western education‚ which it sees as corrupting Muslims. Mohammed Yusuf established a religious complex that included a mosque and a school in 2002. Many poor families from across Nigeria and from neighboring countries enrolled their children in the school‚ which also served as a recruiting center for jihadis to fight the Nigerian State. In 2004 it moved to Kanamma‚ Yobe State‚ where it set up a base called "Afghanistan"‚ used to
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THREE YEARS OF GSM REVOLUTION IN NIGERIA By Ernest C. Ndukwe‚ Executive Vice Chairman‚ Nigerian Communications Commission (NCC) INTRODUCTION ♦ Telecommunications is acknowledged as one of the most important infrastructures essential to the socio-economic well-being of any nation. ♦ The globalisation of world economy has further amplified the importance of telecommunications to the economy. ♦ The Telecommunication Sector is one of the fastest-growing sectors‚ and in terms of capitalization
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risk of Nigeria. In this regard we have identified their culture‚ people‚ economy‚ investment‚ opportunity‚ some key problems like Corruption‚ bureaucracy‚ piracy‚ Counterfeit‚ Criminal activities and fraud‚ legal safeguards etc. This paper also intends to show the regulatory framework issue‚ micro economic and macroeconomic issue to give a detailed picture of the Nigerian business Risk. But there are also upside risks especially to inflation‚ which could create challenges for Nigeria given emerging
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layers presents a significant challenge for the development of education management information systems in Nigeria and‚ in common with other developing countries‚ there are issues of capacity and commitment. Structures and responsibilities for EMIS are complex‚ reflecting historical developments and more recent imperatives. Education Management Information System: A Short Case Study of Nigeria October 2006 WORKING PAPER NO. 5‚ 2006 About infoDev’s working papers series: These short papers represent
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when oil prices jumped to almost $40/bbl‚ the Since the oil prices collapse in the early 1980s‚ Nigeria experienced rapid external debt built-up and dwindling foreign exchange reserves: public and publicly guaranteed external debt increased from $4.3 billion to $11.2 billion‚ while foreign exchange reserves were almost exhausted‚ from $10 billion to $1.23 billion‚ all between 1981 and 1983. Nigeria had to borrow heavily from commercial sources‚
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The main historical fraud in the movie is the title of the record label. The real record label is Chess Records‚ not Cadillac Records. The name Cadillac Records comes from the owner of the record label‚ Leonard Chess buying all of his musicians Cadillacs once the label becomes
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perpetrate the fraud. Basically‚ she initiated‚ signed vouchers and disburse vendors’ payments. She also let the accounting department about the opening and closure of accounts. Furthermore‚ she had the bank account from the company and used for personal expenses. If the necessary internal controls would have been in place this fraud would have been avoid. She had the opportunity to commit fraud. There are many ways that his fraud can be detected. The audit team can ask the bank for statements
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NAME: NDUKA MARY C. COURSE: ENTREPRENEURSHIP MATRIC NO:126072034 History of Entrepreneurship in Nigeria Tradition is an inherited pattern of thought or action. It refers to a specific practice of long standing. It is also an established custom or tradition – a custom that for a long time has been an important feature of some cultural … group‚ tribe‚ ethnic group‚ society‚ nation etc. Traditional means: when a practice consists of a method or procedure and this is derived from tradition. This
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Jerome Kerviel - Genius of Fraud Background: Imagine growing up in a working class European family that is getting by but is by no means rick. You ’ve done well in undergraduate college and are on the verge of graduating with a Masters in Finance from a reputable university but didn ’t do much to differentiate yourself while there. After grad school‚ you receive an offer for a middle office position at a large investment bank who guaranteed there ’s room to grow into a trading position‚ you
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Bank have the following characteristics which distinguish them from most other commercial enterprises: 1. Security: They have custody of large volumes of monetary items‚ including cash and negotiable instruments‚ whose physical security has to be ensured. This applies to both the storage and the transfer of monetary item and makes banks vulnerable to misappropriation and fraud. They‚ therefore‚ need to establish formal operating procedures‚ well-define limits for individual discretion and rigorous
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