Nigeria marks its 60thanniversary on the 1st of October 2020. As a country marking its 60thanniversary, the world expects to see a country on its feet running, but all they see is a country on its knee plagued and crippled by flagrant corruption, abuse of public office, and a high state of insecurity. Unfortunately, the present state of Nigeria is the consequence of our values and how we moralise compliance. It is obvious that non-compliance is endemic in Nigeria, and Nigerians have accept...
Most sectors of the Nigerian economy need updation not only to align the Nigerian business environment with trending global economic models but also to boost the Nigerian economy. It is therefore imperative for businesses, venture capitalists and potential investors to do a proper evaluation of the operations of the various sectors of the Nigerian economy to identify possible gaps that could be filled. In business theory, disruptive innovation is an innovation that creates a new market...
Regulation is one of the primary tools of government for managing the economy, influencing behavior, and implementing policy. In the current political and economic environment with major constraints on government expenditure coupled with social resistance to higher taxes especially where the citizens are not seeing the effect of paying tax. A regulatory policy may receive more attention as governments use the tool of regulation as the key instrument of public policy.
Despite awareness campaigns, involvement of foreign investors, increase in capital base and other measures put in place by the government to increase insurance penetration in Nigeria, the level of penetration remain poor. This article is aimed at refocusing where the bane of insurance in Nigeria lies. This article focuses on the Nigerian insurance sector and the reasons behind poor penetration of insurance in Nigeria.
This case study provides an overview of derivative trading, evaluate the adequacy of the internal control policies and procedures put in place by the management of Societe Generale and to investigate the possible implications of risky trading practices of Societe Generale in relation to the requirements of the Basel II accord. And also, the case study will help us identify the management style or approach adopted by the management of the bank. Though there have been so many regulations recent...
