FOREIGN DIRECT INVESTMENT, PORTFOLIO FLOWS AND ECONOMIC GROWTH IN NIGER (1980 – 2014)

Ozigbo A. Sylvester

Department of Accountancy

Delta State Polytechnic, Ozoro.

Email: Ozigbosylvester@gmail.Com

ABSTRACT

This research focused on the impact of Foreign Direct Investment and Portfolio Flows on Economic growth in Nigeria.  The research covers the period between 1980 and 2014.   Secondary data were collected from the Central Bank of Nigeria statistical bulletin and various issues of World Bank Publications.  The period being understudy encompasses the period of massive government efforts to attract foreign investors into the country as well as period of turbulent macroeconomic indicators such as high unemployment and low level of per capital income in Nigeria.  The parsimonious Error Correction Modelling (ECM) result shows the Foreign Direct Investment, Foreign Portfolio Investment, Labour force and Gross Fixed Capital Formation have a positive and significant impact on the level of Economic Growth in Nigeria.  The Johanson cointegration test result shows a long-run relationship among Foreign Direct Investment, Foreign Portfolio Investment, Labour Force, Gross Fixed Capital Formation in Nigeria.  The result from the variance decomposition reveals that shocks to  Foreign Direct Investment, Foreign Portfolio Investment, Labour Force and Gross Fixed Capital formation did not explain a significant proportion of the changes in economic growth in Nigeria within the period of the study.  It was recommended that government should put in place policies to encourage Foreign investors to go into the agricultural and manufacturing sectors which are key to job creation and for sustainable economic growth.

THE IMPACT OF WASTES GENERATED FROM PURIFIED WATER ON THE BUSINESS ENVIRONMENT STUDY OF SELECTED BUSINESSES IN EJIGBO LOCAL COUNCIL DEVELOMENT AREA, LAGOS STATE.

Bamisile, Julius Ojo, & Hanafi, Dele Ibrahim

Department of Business Administration, Oduduwa University, Ipetumodu. Osun State.

Department of Economcs, Oduduwa University, Ipetumodu.

E-mail: julibamisile@yahoo.com, bamidelehanafi@yahoo.com,

ABSTRACT

The meaning of waste was discussed including the objective, waste disposal methods, punishment melted on people who dispose waste inappropriately are among the objectives. How wastes are generated i.e Overproduction, Improper Inventory, source reduction and reuse, and methods disposal i.e animal feeding, recycling, composting were doscussed. Various methods of filtering water explained. Pearson Moment Correlation is used to test the hypotheses. The hypotheses tested shows that wastes disposal methods is not conformity with international standard. and among the recommendations include; that ggovernment should enlighten the people on how important it is to manage wastes from purified water.

Keywords: Water,  Sachet, Impact, Purified Environment, Business

THE IMPACT OF FUNCTIONAL QUALITY SERVICE DELIVERY ON CUSTOMER SATISFACTION IN NIGERIAN INSURANCE INDUSTRY: A CASE STUDY OF INSURANCE INDUSTRY IN OSUN STATE

¹Olaoye, T.B, & ²Ekundayo, O.A

¹Department of Banking & Finance, Osun State College of Technology, Esa – Oke, Osun State

²Department of Actuarial Science & Insurance, Joseph Ayo Babalola University, Ikeji- Arakeji, Osun State

Email:olaoyebolaji30@gmail.com,oaekundayo@jabu.edu.ng

ABSTRACT

This paper focuses on the impact of functional quality service delivery on customer satisfaction in Nigerian insurance industry. It aims at examining the reasons for negative perception and low patronage of customers toward the services that are provided by the insurance companies in Osun State of Nigeria. To achieve this, three hundred copies of questionnaire were administered to ten selected insurance company customers who were chosen randomly by convenient sampling technique out of the population. Data obtained were analyzed, by using, Analysis of variance (ANOVA), Multiple Regression and Correlation Analyses to ascertain the pattern of relationship between functional quality service delivery and customer satisfaction. The result showed that all the dimensions of functional quality services which are; responsiveness, assurance, reliability, tangibility, and empathy have positive and significant influence on customer satisfaction in the insurance industry. It can be concluded that, functional quality service have direct impact on customer satisfaction, Therefore, the study recommends that the management of insurance companies must place emphasis on the underlying dimension of functional quality service, in order to maintain customer satisfaction.

AN ASSESSMENT OF E SHOPPING PREFERENCE AND AWARENESS: THE CASE OF UNDERGRADUATE STUDENTS OF IBRAHIM BADAMASI BABANGIDA UNIVERSITY LAPAI, NIGER STATE, NIGERIA

Abdulrahman Ali Shuaibu

Department of Business Administration,

Ibrahim Badamasi Babangida University Lapai

Email: aliabdulrahman211@gmail.com

ABSTRACT

The internet has immensely fast tracked the pace, ease, and scope of communication and business in the world today thereby reducing geographical barriers that once existed in retail trading. Online shopping is a system of trading carried out over the internet with little or no face to face contact with the buyer and seller. Increased adoption rate of online shopping is attributable to increased access to internet and the benefits inherent in online shopping system. In Nigeria, the widespread availability of internet enabled devices has improved internet access, online shopping, its awareness and preferences. The resulting effect of this on the conventional system is expected to be adverse. These effects are less obvious in Niger state and it is in light of this that the study sought to evaluate Awareness and Preference for online shopping in Niger state. To achieve this, a survey research design method was adopted utilizing a structured questionnaire with 5-points Likert scale. Using multi-phase sampling method, the population and sample of the study consisted of undergraduate students of Ibrahim Badamasi Babangida University Lapai, Niger state. Statistical tools such as relative frequencies, percentages, means, standard deviations, Pearson’s correlation and Chi-Square statistic were used to describe and analyze the data via Statistical Package for Social Sciences (SPSS 22). The study found and concluded that, most respondents have never experienced online Shopping. It also found that respondents have high awareness level, moderate preference level, a moderate relationship between awareness and preference, and statistically significant evidence was not found to conclude that there is no difference in preference levels among those who have used and those who have not used the system. The study thus recommended that online vendors improve their security measures, privacy policies, and also simplify the shopping process in order to reduce cases of fraud, boost confidence and win the trust of customers. Also recommended is a comprehensive awareness campaign by vendors to further educate consumers about the system in terms of its, benefits as well as how to use Online Shopping system.