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Shamsuddeen Usman
Shamsuddeen Usman, , (born 18 September 1949) is a Nigerian economist, banker and public servant. He is currently the CEO oSUSMAN & Associates an economic, financial and management consulting firm headquartered in Nigeria. He was the Finance Minister of Nigeria between June 2007 and January 2009 and also served as the Minister of National Planning from January 2009 to September 2013.Usman is the Chairman of Citibank Nigeria Limited As Minister of National Planning, he was responsible for the development of Nigeria's long-term development strategy, and the National Integrated Infrastructure Master Plan. During his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goodluck Jonathan
Goodluck Ebele Azikiwe Jonathan (born 20 November 1957)Lawson Heyford, ''The Source'' (Lagos), 11 December 2006. is a Nigerian politician who served as the President of Nigeria from 2010 to 2015. He lost the 2015 presidential election to former military head of state General Muhammadu Buhari, and was the first incumbent president in Nigerian history to concede defeat in an election. Prior to that, he served as Vice President of Nigeria from 2007 to 2010 under the administration of Umaru Musa Yar'Adua; and in oil-rich Bayelsa State as Governor of Bayelsa State from 2005 to 2007. Early life Goodluck Jonathan was born on 20 November 1957 in Ogbia to a Christian family of canoe makers,Lawson Heyford"Jonathan: A Colossus at 49", ''The Source'' (Lagos), 11 December 2006. . Al Jazeera.net. from the |
Nigeria Vision 2020
Nigeria Vision 2020 (also stylized as NV2020) is a strategic framework for the Federal Republic of Nigeria to develop its economic and political strength to the point by 2020, “Nigeria will be one of the 20 largest economies in the world, able to consolidate its leadership role in Africa and establish itself as a significant player in the global economic and political arena.” Concept Nigeria’s economic potential is well recognized. It is the biggest economy in the West African sub region. Given the country’s considerable resource endowment and coastal location there is potential for strong growth. Yet Nigeria has realized very little of this potential. Previous efforts at planning and visioning were not sustained. The history of economic stagnation, declining welfare and social instability, has undermined development for most of the past 30 years. But in recent years, Nigeria has been experiencing a growth turnaround and conditions seem right for launching onto a path ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian Stock Exchange
The Nigerian Stock Exchange (NSE) now Nigerian Exchange Group is a Nigerian stock exchange founded in 1961 in Lagos. As of November 2019, it has a total of 161 listed companies, with 8 domestic companies on the premium board, 144 companies on the mainboard, and 4 on the Alternative Securities Market (ASeM) board. In the Fixed Income market, the NSE has 84 FGN bonds, 21 state bonds, 27 corporate bonds, 1 supranational bond, and 53 memorandum listings. Mission The NSE mission is to enable businesses and investors to have reliable access to capital and provide secure saving systems and structure for effective and efficient business operations. History The Nigerian Stock Exchange was founded as the Lagos Stock Exchange, on September 15, 1960. The Lagos Stock Exchange is the oldest existing stock exchange in West Africa. There were seven subscribers to the Exchange’s Memorandum of Association: R.S.V. Scott, representing C.T. Bowring and Co. Nigeria Ltd.; Chief Theophilus Adebayo D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Capitalisation
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatised
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Structural Adjustment Programme
Structural adjustment programs (SAPs) consist of loans (structural adjustment loans; SALs) provided by the International Monetary Fund (IMF) and the World Bank (WB) to countries that experience economic crises. Their purpose is to adjust the country's economic structure, improve international competitiveness, and restore its balance of payments. The IMF and World Bank (two Bretton Woods institutions) require borrowing countries to implement certain policies in order to obtain new loans (or to lower interest rates on existing ones). These policies are typically centered around increased privatization, liberalizing trade and foreign investment, and balancing government deficit. The conditionality clauses attached to the loans have been criticized because of their effects on the social sector. SAPs are created with the stated goal of reducing the borrowing country's fiscal imbalances in the short and medium term or in order to adjust the economy to long-term growth. By requiring the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sterling Bank (Nigeria)
Sterling Bank Plc, which is a full service national commercial bank is licensed by the Central Bank of Nigeria. On Reuters and Bloomberg L.P., Bloomberg terminals, it is identified as STERLNB.LG and STERLNBA:NL respectively. The bank provides services to individuals, small businesses (SMEs) and large corporations. As of December 2021, the bank's branch network numbered 141, distributed throughout Nigeria with total assets valued in excess of NGN 1.6 trillion). History Sterling Bank Plc originally incorporated in 1960 as Nigeria Acceptances Limited (NAL). The bank was licensed as Nigeria's first merchant bank in 1969. Consequent to the indigenization decree of 1972, the Bank became fully government owned and was managed in partnership with Grindlays Bank Limited, Continental International Finance Company Illinois and American Express Bank Limited between 1974 and 1992. In 1992, the Bank was partly privatized and listed as a public company on the Nigeria Stock Exchange (NSE). Eight ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Jos
The University of Jos, abbreviated as Unijos, is a Federal University in Jos, Plateau State, central Nigeria. History What became the University of Jos was established in November 1971 from the satellite campus of the University of Ibadan. The first students were admitted in January 1972 as pre-degree students and the first Bachelor of Arts degree program began in October 1973. In October 1975, the then military government under General Murtala Mohammed established the Unijos as a separate institution. The first Vice-Chancellor of the Unijos was Professor Gilbert Onuaguluchi. Classes began at the newly reorganized University of Jos in October 1976 with 575 students spreading over the existing four faculties of Arts and Social Sciences, Education, Natural Sciences and Medical Sciences. Post-graduate programs were added in 1977. By 1978 Faculties of Law and Environmental Sciences were established and the Faculties of Arts and Social Sciences were separated. In 2003, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bayero University Kano
The Bayero University Kano (BUK) is a university situated in Kano, Kano State, Nigeria. It was founded in 1975, when it was renamed from Bayero University College and upgraded from University College to University. It is the first university in Kano State, North-western Nigeria. History Bayero University initially was Ahmadu Bello College. The college was named after the Premier of Northern Nigeria, Ahmadu Bello. It was founded in January 1960 by the Northern Nigeria Ministry of Education headed by Isa Kaita to prepare senior secondary certificate holders for General Certificate of Education (G.C.E.) and A-level in Arabic, Hausa, Islamic History, Islamic studies and English Literature. Upon the establishment of Ahmadu Bello University in Zaria, Kaduna State, Ahmadu Bello College was renamed to Abdullahi Bayero College, after Abdullahi Bayero, Emir of Kano and soon thereafter it became a faculty of the new university. Initially located on the grounds of the School of Arabic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Finance
Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. The purview of public finance is considered to be threefold, consisting of governmental effects on: # The efficient allocation of available resources; # The distribution of income among citizens; and # The stability of the economy. Economist Jonathan Gruber has put forth a framework to assess the broad field of public finance. Gruber suggests public finance should be thought of in terms of four central questions: # When should the government intervene in the economy? To which there are two central motivations for government intervention, Market failure and redistribution of income and wealth. # How might the government intervene? Once the decision is made to intervene the government must ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London School Of Economics
, mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 million (2020–21) , chair = Susan Liautaud , chancellor = The Princess Royal(as Chancellor of the University of London) , director = The Baroness Shafik , head_label = Visitor , head = Penny Mordaunt(as Lord President of the Council '' ex officio'') , students = () , undergrad = () , postgrad = () , city = London , country = United Kingdom , coor = , campus = Urban , free_label = Newspaper , free = '' The Beaver'' , free_label2 = Printing house , free2 = LSE Press , co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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