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THE ECONOMIC EFFECT OF PETROLEUM SCARCITY IN NIGERIA

CHAPTER ONE INTRODUCTION Oil exploration in Nigeria could be traced back to 1908 when a German company [Nigerian bitumen corporation started chilling of cretaceous sands of Niger  Delta. Shell Darchy , the pioneer oil exploration and producing company was incorporated...

THE ROLE OF RATIO ANALYSIS IN BUSINESS DECISIONS

CHAPTER ONE INTRODUCTION 1.1      BACKGROUND INFORMATION The two primary objectives of every business are profitability and solvency.  Profitability is the ability of a business to make profit, while solvency is the ability of a business to pay debts as they come...

IMPACT OF IFRS DISCLOSURES ON ORGANIZATIONAL PERFORMANCE

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY As the business world becomes closer in its financial and trade ties, many countries are moving towards International Financial Reporting Standards (IFRS), common accounting rules that define how transactions...
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