A Critique Of Popper’s Strategy For The Growth Of Science

A Critique Of Popper’s Strategy For The Growth Of Science

CHAPTER ONE

1.0    TOWARDS ESTABLISHING THE BACKGROUND OF POPPERIAN PHILOSOPHY OF SCIENCE.

1.1 CAN FACTS CONSTITUTE THE TERMINUS A QUO OF SCIENCE? (THE PROBLEM OF INDUCTION)   

 It is one of the fundamental canons of the empiricists, the positivists of all sorts and in fact the entire circle of the inductivists, that the ladder of science can only be climbed through the collection and assembling of our experiences. Put in another way, it is the case that scientific knowledge requires primarily and basically the collection of protocol sentences. The principle of induction can be expressed in the following statement: Continue reading A Critique Of Popper’s Strategy For The Growth Of Science

Bank-Recapitalization And The Growth Performance Of Nigerian Banks

Bank- Recapitalization And The Growth Performance Of Nigerian Banks (1986-2007)

Abstract

This paper reviews the perspective of banking recapitalization and growth performance in Nigeria, since 1986 to date. It notes four eras of banking sector reforms in Nigeria, viz: the post-SAP (1986-1993), the Reforms Lethargy (1993-1998), Pre-Soludo (1999-2004) and post Soludo (2005-2007). Using both descriptive statistics and econometric methods, three sets of hypothesis were tested: firstly that each phase of reforms  culminated in improved incentives; secondly that policy reforms which results in increased capitalization, exchange rate devaluation; interest rate restructuring and abolition of credit rationing may have had positive effects on real sector credit and thirdly that implicit incentives which accompany the reforms had salutary macroeconomic effects. The empirical results confirm that eras of pursuits of market reforms were characterized by improved incentives. However, these did not translate to increased credit purvey to the real sector. Also while growth was stifled in eras of control, the reforms era was associated with rise in inflationary pressures. Among the pitfalls of reforms indentified by the study are faulty premise and wrong sequencing reforms and a host of conflicts emanating from adopted theoretical models for reforms and above all, frequent reversals and/or non sustainability of reforms. In concluding, the study notes the need to bolster reforms through the deliberate adoption of policies that would ensure convergence of domestic and international rate of return on financial markets investments.   Continue reading Bank-Recapitalization And The Growth Performance Of Nigerian Banks

ROLE OF COMMERCIAL BANK TOWARDS ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA

ROLE OF COMMERCIAL BANK TOWARDS ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA (A CASE STUDY OF FIRST BANK NIGERIA PLC, UMUNZE)

Abstract

This study X-Ray the role of commercial banks towards economic growth and development of Nigeria. The study was understating as a result of unachieved goals that exist in the banking sector. The study viewed previous attempt made by different authors on this concept and sample different opinions through Continue reading ROLE OF COMMERCIAL BANK TOWARDS ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA

RELATIONSHIP BETWEEN COMPANY’S TURNOVER GROWTH RATE AND SHAREHOLDERS RETURN ON INVESTMENT

AN ANALYSIS OF THE RELATIONSHIP BETWEEN COMPANY’S TURNOVER GROWTH RATE AND SHAREHOLDERS RETURN ON INVESTMENT IN THE CONGLOMERATE INDUSTRY (A CASE STUDY OF DANGOTE PLC.

ABSTRACT

From the title of this project work, we find out that the aim of the study was to determined the relationship that exist between company’s turnover growth rate and share holder return on investment in conglomerate industry. The literature review suggests two relationships based on firms’ management goals. This relationship will be positive linear or direct relationship after optimal sales growth rate. In this research work the method used in sourcing data was the administration of questionnaires and the interview which was analyzed. The finding revels that an efficient work force contributes to the positive returns on investment. Recommendations were made for the management to adapt more effective approach either with the use of new innovation or technological device to ensure or enhance profitability in the industry and share holders should have knowledge of management activities to see whether it is consistent with their own investment goals or not. In this research work it was discovered that there is relationship between company’s turnover growth and shareholder return or investment. It was also found that investors will get positive return from their investments where a sale is positive. The research work also identified that for investors to get positive return from their investment, the enterprise has to strive hard to increase its sales and profit ability level. Research also contains that an efficient work force contribute to the positive return on investment.
Continue reading RELATIONSHIP BETWEEN COMPANY’S TURNOVER GROWTH RATE AND SHAREHOLDERS RETURN ON INVESTMENT

Assessment of the Impact of Foreign Direct Investment on the Nigerian economy

Assessment of the Impact of Foreign Direct Investment on the Nigerian economy

ABSTRACT

This study examines the possible impact and relationship between Foreign Direct Investment, and Economic Growth in Nigeria. Data used for this study were sourced from annual accounts and statistical bulletin of the Central Bank of Nigeria (CBN). The scope covers a period of 20 years (1990 – 2010) both years inclusive. Regression analysis of ordinary Least Square ((OLS) was used in analyzing the data. The study concluded that there is a positive relationship between direct foreign investment and gross domestic product (GDP). The result further showed that one naira increase in the value of direct foreign investment (FDI) will lead to N22.79 increase in GDP. The value of co-efficient of determination (r2) is 71%, showing that only 71% change in GDP has been explained by FDI, Interest Rate and Inflation Rate while the remaining 29% is unexplained by the model. This supports a positive relationship between GDP and FDI. The study recommends the need for maintaining a steady economic growth and low inflation, increased investment in human capital development to build the stock of capital available in the countr Continue reading Assessment of the Impact of Foreign Direct Investment on the Nigerian economy

Role Of Commercial Banks In The Growth Of Manufacturing Sector

THE ROLE OF COMMERCIAL BANKS IN THE GROWTH OF MANUFACTURING SECTOR IN NIGERIA: A STUDY OF FIRST BANK

ABSTRACT

The main purpose of this research work is to examine the role of commercial Banks on the growth of manufacturing sector in Nigeria. The specific objectives are to determine the effect of commercial banks credit on the manufacturing sector, and also to assess the extent at which lack of bank’s credit has hampered Continue reading Role Of Commercial Banks In The Growth Of Manufacturing Sector