THE ASSESSMENT OF CORPORATE GOVERNANCE SYSTEM OF FINANCIAL INSTITUTION IN NIGERIA

THE ASSESSMENT OF CORPORATE GOVERNANCE SYSTEM OF FINANCIAL INSTITUTION IN NIGERIA: Corporate governance is fundamental to the financial sector of various economies. It has thus received increasing emphasis in practice and academic research. This emphasis in practices and academic research. this is due to the experience in Europe, America, and Nigeria such as the one that happen in Eron and Cadbury’s misleading financial reporting (Cohen J, 2004 Krihnalmoorthy, 2004; Mark, 1996; mikhaiy. 2006). Corporate government in banking sector is to protect of disposition, shareholders and public at large the presence of effectives governance enhance market and public confidence while weak corporate governance translates to poor financial reporting which makes market and public confidence vary uninterested (Solude, 2004) this lead to the need for embarking on sound corporate governance principles in the banking industry in order to retain investors and other stakeholders confidence on the financial reports.The banking industry in Nigeria has undergone serious reform over the past years. The Central Bank of Nigeria (CBN) retirements for bank to increase their shareholding find to a minimum of twenty five (25) Billion Naira. These requirements led to merger and acquisition which reduced the number of banks operating in Nigeria to Twenty five (25) bank from 89 as at the beginning of 2006. The Central Bank of Nigeria (CBN) action was designed to make Nigeria banks more competitive to play in the global market. Successful l operation in the banking industries in Nigeria and elsewhere requires accountability transparency and respect for laws (Ogbechie, 2006). Therrfore this study focuses on the effect of corporate government on financial reporting system.

THE CHALLENGES OF COST BENEFIT ANALYSIS IN A COMPUTERIZED ACCOUNTING SYSTEM

THE CHALLENGES OF COST BENEFIT ANALYSIS IN A COMPUTERIZED ACCOUNTING SYSTEM: This research is on the challenges of cost benefit analysis in a computerized Accounting System. The purpose of this study is to enquire into the viability or other wise of computerized accounting Systems, with particularly reference to coca-cola Bottling Company, Enugu. The objective of the study is to ascertain if the introduction computer system may lead to industrial unrests as workers resists change. Also, the method used in this study is chi-square while the findings in the process of this research work is the implementation of computerization of coca-cola bottling Plc Enugu and also the recommendation for the work is that the company should motivate its personnel more on the use of computers.

THE EFFECT OF SECURITY CHALLENGES ON THE NIGERIA ECONOMY PROBLEM AND PROSPECT

THE EFFECT OF SECURITY CHALLENGES ON THE NIGERIA ECONOMY PROBLEM AND PROSPECT: Since the return of Nigeria to civil rule in 1999, security challenges have posed a serious threat to smooth governance reaching new height in 2013. Security is a state of being or existence that is free from danger, fear, threat anxiety and uncertainty. Security transcends every facet of human endeavor. By implication security embraces the establishment of proactive and defensive measures to safe guard all persons, materials and information from every form of danger. Nigeria security exists in two domain and these are the internal and external. The security of a country can be affected from within a considerable number of political, economic and social economy, intra and inter ethnic animosities, the issues of resource allocation, management of all act on the equilibrium of the nation economy. The security challenges to the Nigeria from 2007 – 2013 have crippled the economy, loss of businesses, loss of business profit, lives and properties worth billions of Naira. From 1990 – 2007 at the peak of militancy in Niger Delta, crude oil production which is the mainstay of the country went as low as 700,000 barons per dollar (bpd) against over 2 million bpd. These adversely affected Nigeria economies as the revenue accruable from oil dwindle.
The Jos crisis (in the north central) which started in 2001 – 2013 has also adversely affected the state economy. The revenue which is largely accrued from the taxes of individual business has witness the mass relocation of majority of the residence/people to another state which is more peaceful.