The role of infrastructure is for both industrial and technological progression in Nigeria cannot... more The role of infrastructure is for both industrial and technological progression in Nigeria cannot be over-emphasized. As a result of political strife and disregard, infrastructure for example, highway, railroads, hydroelectric power and structures are dilapidated. The goal for Nigeria to achieve its development objectives, the facilities must recapture full usefulness to satisfy the standard for yielding most extreme efficiency and productivity. Nigeria is characterized by low level of infrastructural development which directly impacts negatively on the economic growth. In response to this deficiency, Nigerian governments have sought to engage various stakeholders in the development of infrastructure. China is not left out and its role in Nigeria has currently sparked attention both locally and internationally. It is against this backdrop that the study critically examined the motives behind China’s infrastructural diplomacy in Nigeria. The study employed the Economic Nationalism th...
The use of Information and Communication Technology (ICT) in learning institutions is an order of... more The use of Information and Communication Technology (ICT) in learning institutions is an order of the day in various parts of the world. This primarily has to do with its significance in teaching and learning on one hand, and its associated obstacles on the other. ICT been in used in Nigerian higher institutions for decades, steadily making progress, however, many obstacles were noted in the literatures. This study is conceptualized to review ICT usage in Nigeria and the associated obstacles amongst tertiary institutions in Nigeria. The study is asked to pinpoint these by extracting related literatures. The study identified obstacles such as inconsistent electricity supply, computer illiteracy, high cost of internet data and electronic services, fear of change, fear of redundancy, lack of adequate facilities and the issue of internet and electronic security. It is suggested that provision of consistent electricity supply, training and ICT refresher courses and establishment of ICT c...
China became a business partner of Nigeria not long when the nation obtained self-government from... more China became a business partner of Nigeria not long when the nation obtained self-government from Britain in 1960. The major areas of Chinese investments in Nigeria are in the fields of Agriculture and Construction. In these two key areas, the investments of Chinese had profound impact on the overall development in Nigeria, particularly in creating job opportunities to its teeming population. The paper argues that Chinese investment has a potential to create employment in Nigeria when the job opportunities offered for the populace are utilize as expected of them. On this strength, the study intends to preview the nature and levels of the Chinese investments in the two major areas in Nigeria, in order to discuss its impact on the local communities in particular and the nation in general. By so doing, the advantages of their investments are brought to limelight and problems associated with them are spelt out. The dependency theory was utilized
Stock market development is not only important in economic development of a nation, it is also an... more Stock market development is not only important in economic development of a nation, it is also an important indicator of future economic activity and a nation's economic strength. This paper employs the Johensen cointegration and the error correction mechanism (ECM) techniques to examine the impact of foreign direct investment and macroeconomic stability (exchange rate and inflation rate) on the level of development of the Nigerian stock market over the peiod 1981-2010. The results reveal that a long run relationship exists between the variables and FDI was found to have a positive but insignificant impact on stock market development. The results also demonstrate that inflation rate has a negative insignificant effect but exchange rate has a significant and negative relationship with stock market development. The paper recommends that foreign firms operating in the Nigeria's oil and gas and telecommunication sectors should be encouraged to be listed to promote the development of the market. This should be complemeted with policies that will promote macroeconomic stability to attract more foreign direct investment and making the contribution of the foreign direct investment meaningful to the economy.
The role of infrastructure is for both industrial and technological progression in Nigeria cannot... more The role of infrastructure is for both industrial and technological progression in Nigeria cannot be over-emphasized. As a result of political strife and disregard, infrastructure for example, highway, railroads, hydroelectric power and structures are dilapidated. The goal for Nigeria to achieve its development objectives, the facilities must recapture full usefulness to satisfy the standard for yielding most extreme efficiency and productivity. Nigeria is characterized by low level of infrastructural development which directly impacts negatively on the economic growth. In response to this deficiency, Nigerian governments have sought to engage various stakeholders in the development of infrastructure. China is not left out and its role in Nigeria has currently sparked attention both locally and internationally. It is against this backdrop that the study critically examined the motives behind China’s infrastructural diplomacy in Nigeria. The study employed the Economic Nationalism th...
The use of Information and Communication Technology (ICT) in learning institutions is an order of... more The use of Information and Communication Technology (ICT) in learning institutions is an order of the day in various parts of the world. This primarily has to do with its significance in teaching and learning on one hand, and its associated obstacles on the other. ICT been in used in Nigerian higher institutions for decades, steadily making progress, however, many obstacles were noted in the literatures. This study is conceptualized to review ICT usage in Nigeria and the associated obstacles amongst tertiary institutions in Nigeria. The study is asked to pinpoint these by extracting related literatures. The study identified obstacles such as inconsistent electricity supply, computer illiteracy, high cost of internet data and electronic services, fear of change, fear of redundancy, lack of adequate facilities and the issue of internet and electronic security. It is suggested that provision of consistent electricity supply, training and ICT refresher courses and establishment of ICT c...
China became a business partner of Nigeria not long when the nation obtained self-government from... more China became a business partner of Nigeria not long when the nation obtained self-government from Britain in 1960. The major areas of Chinese investments in Nigeria are in the fields of Agriculture and Construction. In these two key areas, the investments of Chinese had profound impact on the overall development in Nigeria, particularly in creating job opportunities to its teeming population. The paper argues that Chinese investment has a potential to create employment in Nigeria when the job opportunities offered for the populace are utilize as expected of them. On this strength, the study intends to preview the nature and levels of the Chinese investments in the two major areas in Nigeria, in order to discuss its impact on the local communities in particular and the nation in general. By so doing, the advantages of their investments are brought to limelight and problems associated with them are spelt out. The dependency theory was utilized
Stock market development is not only important in economic development of a nation, it is also an... more Stock market development is not only important in economic development of a nation, it is also an important indicator of future economic activity and a nation's economic strength. This paper employs the Johensen cointegration and the error correction mechanism (ECM) techniques to examine the impact of foreign direct investment and macroeconomic stability (exchange rate and inflation rate) on the level of development of the Nigerian stock market over the peiod 1981-2010. The results reveal that a long run relationship exists between the variables and FDI was found to have a positive but insignificant impact on stock market development. The results also demonstrate that inflation rate has a negative insignificant effect but exchange rate has a significant and negative relationship with stock market development. The paper recommends that foreign firms operating in the Nigeria's oil and gas and telecommunication sectors should be encouraged to be listed to promote the development of the market. This should be complemeted with policies that will promote macroeconomic stability to attract more foreign direct investment and making the contribution of the foreign direct investment meaningful to the economy.
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