...Opportunities FSDH Research January 2015 Economic and Financial Outlook: 2015-2019 1.0 Global Economic Growth: According to the World Economic Outlook (WEO) Update of the International Monetary Fund (IMF), January 2015 Edition, the global economic growth is forecast at 3.5% and 3.7%, for 2015 and 2016 respectively. The forecasts were reviewed downward by 0.3% The IMF forecasts a global economic growth of 3.5% and 3.7% for 2015 and 2016 respectively. relative to the October 2014 WEO. The revisions reflect a reassessment of prospects in China, Russia, the Euro-area, and Japan as well as the weaker activity in some major oil exporters because of the sharp drop in oil prices. The United States (U.S.) is the only major economy for which growth projections have been raised upward. The IMF added that the global growth will receive a boost from the lower oil prices. However, this boost is projected to be more than offset by the negative factors, including investment weakness as adjustment to diminished expectations about medium-term growth continues in many advanced and emerging market economies. The U.S. is expected to grow by 3.6% in 2015 and slow down to 3.3% in 2016, supported by domestic demand due to lower oil prices, more moderate fiscal adjustment, and The U.S. is expected to grow by 3.6% in 2015 and slow down to 3.3% in 2016. continued support from an accommodative monetary policy stance, despite the projected gradual increase in interest rates. The Euro-area is forecast...
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...China The first one is the economy. China's economy has been typically the best-performing economy or among the best-performing economies in the world since 1979 when reforms began, averaging about 7 percent growth. One note of concern, though, is that those conditions that allowed that 7 percent growth are not likely to be prevalent in the years to come, because for over 30 years, China has relied extensively on lower wage rates and export-driven growth. But wage rates have been bid up, as happens; the Chinese are victims of their own success, you could say. And secondly, the rest of the countries in the world are not going through high rates of growth, and they’re not going to be importing the way they had been historically. So, that formula isn’t going to be as successful going forward as it has been. China needs to shift away from an export-driven economy to more of a consumption model. It needs to be mindful about funding its state-owned enterprises, about subsidizing state-owned companies. It needs to lessen its reliance on low-end manufacturing and move up the value chain. By the way, these aren’t my observations; these are observations by Chinese leadership. If you follow any Chinese leader’s speech on China’s economic transformation, these are the points he’ll make. We would call that market rationalism or just normal evolution as a country rises to middle-income status. But there are also some countervailing impulses. There’s a strong streak of economic nationalism;...
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...Introduction Corporate social responsibility (CSR) in this era of globalization can be termed as an essential business cost for companies to achieve success in the long term. Hence to uphold the brand of CSR, corporations are not to neglect the environment that would tarnish their image. Royal Dutch Shell Plc is ranked seventh among the top global oil producing companies for year 2012 by Forbes (Christopher Helman 2012). Despite its prominent reputation and its claimed aim of achieving the worldwide energy demand in a responsible manner, it does negate the fact their business operations have impacted the environment of Nigeria. The pressing argument that will be discussed in this paper would be the interminable oil spills due to the defective facilities and insufficient checks of equipments which are identified as the one of the main sources of the environmental contamination by Shell in the Niger Delta, how these irresponsible activities have implicated the environment which leads to unfavourable circumstances for society and stakeholders such as institutional investors, and the efforts made by Shell to counteract the situation. Background of Oil Spills in Niger Delta Before Shell tapped on the Delta, the eastern area of Nigeria was resource wealthy. However what thought to be a profitable activity for the corporations as well as Nigerian people too turned out to be a severe environmental threat and has been evolving for a few decades since 1956. Shell did acknowledge...
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...Impact of Nigeria's Bilateral Investment Agreements in Oil and Gas on the Right to Health and the Right to a Healthy Environment: A Case Study of the Niger Delta” Full Name of Student (Your student registration number) A XXXXXXXXXXX DISSERTATION SUBMITTED IN PARTIAL FULFILMENT FOR THE REQUIREMENT OF DEGREE OF XXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXX UNIVERITY Declaration I hereby declare that research thesis is my original work and has never been used presented for any degree or diploma in any university or institution. Where material is obtained from published or unpublished works, this has been fully acknowledged by citation in the main text and inclusion in the list of references. Table of Contents Declaration 2 Table of Contents 3 CHAPTER ONE: INTRODUCTION 11 1.1 Background of the study 11 1.2 Statement of the Problem 27 1.2 Research Aims 29 1.3 Research Objectives 30 1.4 Research Questions 31 1.5 Justification of the Research 32 1.6 Research Methodology 42 1.6.2 Research design 45 1.6.2 Target population 45 1.6.3 Sampling 46 1.6.4 Data collection 46 1.6.5 Data presentation 46 1.7 Definition of terms 46 1.8.2 Environment 47 1.8.3 The right to health and the right to a healthy environment...
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...A State Intervention Approach to International Trade and the Right to Health in the Crude Oil and Natural Gas Sector of Nigeria Table of Contents A State Intervention Approach to International Trade and the Right to Health in the Crude Oil and Natural Gas Sector of Nigeria 1 Chapter 1 General Introduction 6 1.1. Background 6 1.1.1. Definitions 14 1.1.2. Trade Liberalization 14 1.1.3. International Trade Law 15 1.1.4. Right to Health 16 1.1.5. Human Right Laws 17 1.2. Research Questions 18 1.3. Justification of the Research 21 1.4. Research Objectives 30 1.5. Research Methodology 31 1.6. Research Structure 37 Chapter 2 Theoretical Framework and Literature Review 40 2.1. Introduction 40 2.2. International Trade Rules and Protection of People’s Right to Health 41 2.2.1. Sources of International Trade Rules 41 2.2.2. Trade Liberalization and the Protection of the Right to Health 44 2.3. Scope of the Right to Health 54 2.4. Brief Overview of State Intervention Theory 59 2.5. States Duty towards the Fulfilment of the Right to Health 65 2.6. Legislative and Institutional Regulations Protecting the Right to Health in Nigeria 73 2.6.1. The International Covenant on Economic Social and Cultural Rights (ICESCR) 1966 76 2.6.2. The African Charter on Human and People’s Rights (ACHPR) 78 2.6.3. The International Health Regulations, 2005 81 2.6.4. The Nigerian Constitution 82 2.7. Conclusion 83 Chapter...
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...1 INTRODUCTION Nigeria as a nation is a democratic country with over 170 million people. With a presidential system of government. It comprises of 36 states and 777 local government area. The connection between Nigeria and China dates as far back to 1971. At the same time when penning this thesis the president of Nigeria is in china to expand this relation. The Chinese Ambassador in Nigeria, once said sometime last year that China and Nigeria have longstanding relations that dates back as far as 45 years. Nigeria is China second biggest trade partner in engineering in Africa. It supposed that by the end of next year our relations of trade will be as high as $13 billion China is still to build a world renowned company like General Electric and Apple. The impression most of the foreign countries have of china is that their business men and entrepreneurs are out to gather wealth, rather than for business strategy, innovation and style of administration. But yet china has one of the most effective business management approach in the 21st century. The Chinese administration cannot be like the Japanese six sigma or invent new management technique, but offers more skills of business management than companies more occidental could offer. The Chinese businesses offer administration's common imperatives: responsiveness, improvisation and flexibility. These competencies supplies them a critical facet. The Chinese Companies have discovered to handle differently over the past 30...
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...second section is about the research methodology, the data analysis and presentation of results leading to limitations and recommendations and a conclusion. A qualitative research design has been used to do the research. These research methods have been used by every researcher in a way or other and quality data has been accumulated to help these researchers to prove their viewpoint either statistically (quantitative) or by subjective analysis of earlier researches or direct observations of the subjects (qualitatively). The data sources used for the literature review for this study are primarily the secondary sources particularly from books, journals, articles published in various scientific periodicals and / or newspapers along with the information gathered from the internet itself using its websites. The study manoeuvres at two levels: The content collected from the social media sites, online chats-and the comment i.e. the straight report of the first-hand by talking to the managers at the AGIP. The dependability of the data is high as the sample size is rather smaller. The report is in the form of a qualitative study where tructured interviews were taken in comfortable and respondent friendly atmosphere. Then...
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...Nigeria: Boko Haram’s insurgency Standard Note: Last updated: Author: Section SN06920 19 June 2014 Jon Lunn International Affairs and Defence Section In the northeast of Nigeria, an Islamist terrorist insurgency continues to rage. This insurgency is now regularly extending into other parts of the country. At the head of the insurgency is Boko Haram, which calls for the introduction of Sharia law and an Islamic state across the whole of Nigeria. There has been a state of emergency in the three northeastern states of Borno, Yobe and Adamawa since mid-2013. Human rights groups have reported serious abuses by Boko Haram but also by the notorious Nigerian security unit known as the Joint Task Force. The government has been predominantly committed to a security-based solution to the problem. In recent months, Boko Haram has further stepped up its violence. How to respond now dominates the domestic political scene in Nigeria. There were major bomb attacks in the capital, Abuja, in both April and May. Boko Haram has also captured international attention through its kidnapping on 14 April of about 270 schoolgirls in the small town of Chibok, Borno State (around 50 reportedly subsequently escaped). Well over 2000 people are estimated to have died in attacks by the group since the beginning of 2014. The Nigerian authorities have been heavily criticised both at home and abroad for their ineffective response to the crisis. Outrage in Western countries led governments rapidly to make offers...
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...International Journal of Social and Management Sciences Volume 2 Number 2 April 2009 ISSN 1504-8446 International Journal of Social and Management Sciences is a multidisciplinary peer-reviewed journal devoted to publishing research papers in all related fields of social and management sciences. Contents THE EFFECTS OF INQUIRY-BASED AND COMPETITIVE LEARNING STRATEGIES ON ACADEMIC PERFOMANCE OF SENIOR SECONDARY SCHOOL STUDENTS IN PHYSICS ................................................................................................ 4 PATIENTS’ PERCEPTIONS OF DEPRESSION ETIOLOGY AND TREATMENT EXPECTATIONS IN A NIGERIAN TERTIARY HOSPITAL .............. 12 PARENTAL CHILD-REARING STYLES, HOME STABILITY AND ACADEMIC PERFORMANCE OF STUDENTS IN SENIOR SECONDARY SCHOOL PHYSICS IN CROSS RIVER STATE OF NIGERIA ........................................................................35 MODEL JOB ANALYSIS AND DESCRIPTION FOR PUBLIC RELATIONS PRACTITIONERS IN KENYA..............................46 NOLLYWOOD, NEW COMMUNICATION TECHNOLOGIES AND INDIGENOUS CULTURES IN A GLOBALIZED WORLD: THE NIGERIAN DILEMMA ......................................................................................................................................... 62 2 This Page is deliberately left blank 3 THE EFFECTS OF INQUIRY-BASED AND COMPETITIVE LEARNING STRATEGIES ON ACADEMIC PERFOMANCE OF SENIOR SECONDARY SCHOOL STUDENTS IN PHYSICS AFOLABI, FOLASHADE DEPARTMENT OF TEACHER EDUCATION FACULTY OF EDUCATION...
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...nation currently undertakes certain reforms under a new reform minded administration. Prior to the present democratic rule, Nigeria's former military rulers failed to diversify the economy away from its overdependence on the capital-intensive oil sector, which provides 20% of GDP, 95% of foreign exchange earnings, and about 80% of budgetary revenues. The largely subsistence agricultural sector has failed to keep up with rapid population growth - Nigeria is Africa's most populous country - and the country, once a large net exporter of food, now must import food. Following the signing of an IMF stand-by agreement in August 2000, Nigeria received a debt-restructuring deal from the Paris Club and a $1 billion credit from the IMF, both contingent on economic reforms. Nigeria pulled out of its IMF program in April 2002, after failing to meet spending and exchange rate targets, making it ineligible for additional debt forgiveness from the Paris Club. In 2003, the government began deregulating fuel prices, announced the privatization of the country's four oil refineries, and instituted the National Economic Empowerment Development Strategy. In November 2005, Abuja (the federal capital territory) won Paris Club approval for a debt-relief deal that eliminated $18 billion of debt in exchange for $12 billion in payments - a total package worth $30 billion of Nigeria's total $37 billion external debt. The deal requires Nigeria to be subject to stringent IMF reviews. GDP rose strongly in 2007...
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...IGHOFOSE FELIX OGHENEROBOH 20FBNKRN1114 RESEARCH METHODOLOGY IMPACT OF DIVIDEND POLICY ON SHARE PRICE: A CROSS SECTIONAL STUDY OF COMMERCIAL BANK LISTED IN NIGERIAN STOCK EXCHANGE SUBMITTED TO PROF. NIRMALYA B BISWAS ABSTRACT Dividend decision is a vital financial decision any company must make a side from financing decision and investment decision. Ordinary shareholders who are the owners of the company by contributing the capital to run the business are entitled to get returns from the profit made by the company after all obligations or other interest had been met; the policy adopted by the company on how dividend should be paid, how much should be paid and the proportion of profit to be retained is known as dividend policy. Company’s major goal is wealth maximization of shareholders and this can be achieved either by paying returns which is called dividend or through share appreciation by reinvesting the retained profit in to profitable investment. Though a lot of research has been carried out on how dividend policy affect shareholders wealth less has been done on the impact of dividend policy adopted by the Commercial Banks in Nigeria on share price (Market price per shares) of the ordinary shareholders who invested in Banks shares. The aim and purpose of this research is to find out how dividend policy has impacted the MPS (Market price per shares) of an ordinary shareholder in Commercial Banks. This current study will carry out a cross sectional study on the...
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...dominated by a small amount of large firms that are able to shape the industry’s direction and price levels The media and communications industry encompasses a wide variety of establishments. The media segment includes motion picture/video producers who create movies, television shows, and other videos to sell to broadcasters; publishers who produce and distribute items such as books, newspapers, magazines, and CDs, excluding software; and television and radio broadcasters. Telecommunications is another segment of the industry. It includes both equipment from cables to telephones to services such as wireless carriers or cable providers. Telecommunications is what makes voice, data, and video communication possible, resulting in the information age. A new, quickly rising segment is the use of the internet for new media. New media includes online social networking, shopping, video, and gaming sites; as well as mobile media that can be accessed on some newer, electronic products. History: Different parts of the industry were born at different times. In 1876, Alexander Graham Bell invented the electrical speech machine, the first type of telecommunications device. Since then, revolutionary changes have made...
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...Accountability in Nigeria Chinelo Okekeocha A Practicum Paper Submitted in Partial Fulfillment of the Requirements for the Master of Public Administration Kennesaw State University May 2013 A Case Study of Corruption and Public Accountability in Nigeria Executive Summary In 2011, Nigeria was ranked 143th out of 182 countries surveyed by the Transparency International in its corruption perception index indicating the level of corruption in the country as compared to other countries. Although this came as an improvement from the previous years, it did not result from an improved system of governance, rather it was due to an increase in the number of countries that participated in the survey. Between 2010 and 2011, Nigeria’s rank actually decreased by 9 spots, showing an increase in corruption despite the efforts of the government to rid the nation of corruption. This survey shows a lack of accountability from public officials and a lax system of governance in the country. As a result corruptible acts are not...
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...EMERGING ECONOMIC AND POLITICAL CONFLICTS AS THREAT TO PROSPERITY Biyash Chakraborty MBA- International Business Email: chakraborty.biyash93@gmail.com University of Petroleum and Energy Studies, Dehradun. (Uttarakhand), INDIA __________________________________________________________________________ Abstract India’s rapid economic growth has made it the second fastest growing energy market in the world. Its domestic and international strategies has produced foreign policy differences with the United States that will require careful management on both sides. India’s basic approach to energy diplomacy has been to develop its supply potential and neutralize its potential competitors, principally China. India’s strategic interest in Iran as its energy partner and then the Iraq crisis are having a negative consequence on its economic prosperity, placing it on crossroads with the US. There is a divide between US and EU about the wisdom and desirability of imposing harsh economic sanctions on Russia. In any such confrontation, EU stands to lose much more than the US, though it can be argued that Russia will be the worst loser. In future, Russia may try to find new potential market for its gas and that could be India. So it is important for India to take its stand on Ukraine crisis carefully without tarnishing its relation with USA. India’s long-term prosperity hinges to some degree on a conflict free neighborhood; that an economically integrated region is in India’s...
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...Topic: MARKETING PLAN FOR CREATIVE DESIGN & CULTURAL FASHION IN NIGERIA Project: ESTABLISHMENT OF HIGH-END FASHION CENTRE FOR TRADITIONAL / CULTURAL ATTIRES FOR NIGERIAN PEOPLE (MALE & FEMALE / OLD & YOUNG) Prepared By IKPIMA, MFON EYIBIO Student ID: H00023735 MASTERS OF SCIENCE, INFORMATION SYSTEMS MANAGEMENT UNIVERSITY OF LIVERPOOL REVISION HISTORY | Revision | Description of Change | Author | Effective Date | Project 1 | Introduction & Table of Content | Mfon Ikpima | 22/03/2013 | Project 2 | Situation Analysis | Mfon Ikpima | 29/03/2013 | Project 3 | Strengths, Weaknesses, Opportunities, and Threat Analysis | Mfon Ikpima | 03/04/2013 | | Objectives & Issues | | | Project 4 | Product Strategy | Mfon Ikpima | 10/04/2013 | Project 5 | Marketing Strategy | Mfon Ikpima | 17/04/2013 | Project 6 | Distribution Strategy | Mfon Ikpima | 22/04/2013 | Project 7 | Action Programs | Mfon Ikpima | 28/04/2013 | ------------------------------------------------- Table of Content Page Revision History ………………………………………………………………. 1 Content Page ………………………………………………………………………. 2 1.0 Introduction ………………………………………………………………………. 4 2.0 Situation Analysis ……………………………………………………………… 5 (a) Market Description ……………………………………………………... 5 i. Segment 1: Geographic ...…………………………………………... 5 - 6 1. Description ……………………………………………………... 6 2. Expected % of Sales …………………………………………….. 6 3. What Consumers Want ……………………………………...
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