Alleviating Poverty in Nigeria By Anthony Maduagwu ( aka -Toniman ) The Nigerian government is once again embarking on another attempt to alleviate poverty. This present one looks like it is heading the same way the past ones headed and subsequently failed. Amongst the reasons why the past poverty alleviation attempts failed were - ( 1 ) the politics of personal rule - a distinctive type of political system in which the rivalries and
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Conversion ratio# of shares that can be exchanged for one convertible bond | Par value of bond/ conversion price | Conversion pricePrice per share that determine the number of share you will received | Par value of bond/conversion ratio | Conversion value – an indication of what a convertible issue would trade for if it were priced to sell on the basis of its stock value. | Conversion ratio x market price of stock | Conversion premium ( in $)It is difference between the market price of the
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* O C E / 2 6 2 9 0 * Data‚ Formulae and Relationships Booklet (Revised Version 2.1) GCE Advanced Level and Advanced Subsidiary Physics A Physics units G481‚ G482‚ G484‚ G485 Instructions to Exams Officer/Invigilator • Do not send this Data Sheet for marking; it should be retained in the centre or destroyed. These data‚ formulae and relationships are for the use of candidates following the Physics A specification. Clean copies of this booklet must be available in the examination room‚ and must
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NO. 4 • AUGUST 2002 A Review of IPO Activity‚ Pricing‚ and Allocations JAY R. RITTER and IVO WELCH* ABSTRACT We review the theory and evidence on IPO activity: why firms go public‚ why they reward first-day investors with considerable underpricing‚ and how IPOs perform in the long run. Our perspective is threefold: First‚ we believe that many IPO phenomena are not stationary. Second‚ we believe research into share allocation issues is the most promising area of research in IPOs at the moment
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Accounting Standards Board (FASB) have undertaken a joint revenue recognition project that clarifies the principles for recognizing revenue that can be applied consistently across various transactions‚ industries‚ and capital markets. This project will apply to all contracts with customers except leases‚ financial instruments and insurance contracts. The joint project will attempt to remove inconsistencies and weaknesses in existing revenue recognition standards by retrofitting‚ and thoroughly improving
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modern life‚ poverty reduction and economic growth of any nation. Yet‚ for the past three decades‚ inadequate of electricity has been a regular feature in Nigeria‚ a country with about 150 million people. The electricity industry‚ dominated by National Electric Power Authority (NEPA) and later succeeded by the Power Holding Company of Nigeria (PHCN) with complementation form the states-owned electricity utility‚ has been unable to provide and maintain acceptable minimum standard of service availability
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Introduction Before explaining the Formula One (“F1”) event in Singapore‚ this report will firstly highlights and explain the background/rationale/nature of the F1 as world’s most prestigious motor-sporting event along with the Moto GP. Funded and developed by world’s best car and automobile manufacturers‚ such as Mercedes-Benz‚ Ferrari‚ McLaren and many others‚ as well as supported by various corporate and investors (Red-Bull‚ Air Force India and others)‚ F1 has been emerged as the “show-offs
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Economics of Baseball: Revenue Sharing Major League Baseball is the highest level of professional baseball in the United States and Canada. The organization is comprised of a partnership between the National League‚ founded in 1876‚ and the American League‚ founded in 1901. There are currently 30 teams in Major League Baseball‚ 14 in the American League and 16 in the National League. "Since 1903‚ the best of both of these leagues have met in the World Series‚ with the winner of the best-of-7
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ULTRASONIC TESTING (UT) USEFUL FORMULAE 1. Velocity of Ultrasonic Waves in a medium (V) = f x l OR W here f = Number of cycles per second is called frequency. Measured in ‘Hertz’. Abbreviated as ‘Hz’. One Hertz is equivalent to One cycle per second l = Distance covered in one cycle is wavelength V= Velocity of Ultrasonic wave inside the medium in ‘mm/s’ 2. A coustic Impedance (Z) = V x r W here: Z= Acoustic Impedance r= D ensity V= Velocity 3. R eflection Coefficient
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"K-I-S-S" redirects here. For other uses‚ see Kiss (disambiguation). KISS is an acronym for "Keep it simple‚ stupid" as a design principle noted by the U.S. Navy in 1960.[1][2] The KISS principle states that most systems work best if they are kept simple rather than made complex; therefore simplicityshould be a key goal in design and unnecessary complexity should be avoided. The phrase has been associated with aircraft engineer Kelly Johnson (1910–1990).[3] The term "KISS principle" was in popular
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