Free capital flows, stable foreign exchange rate and independent control of money supply by the Central Bank are necessary for a robust economy. However, a combination of any two of these policies is possible at a time and ...
Stock market is a major source of finance for investors and firms. However, its ability to perform
this role may be hindered by risk from Oil Price Dynamics (OPD) which makes stock returns
uncertain. This risk is ...
Deficit financing (DF) is the excess of government expenditure over its revenue. The DF occasioned by low domestic savings and low capital formation (CF), have characterised the Nigerian economy since the 1970s with attendant ...
Sub-Saharan Africa (SSA) countries suffer severe electricity crisis despite over two decades of on-going Electricity Market Liberalisation (EML). Electricity access has been consistently low, averaging 26.0%, 31.0% and ...
Corporate Ownership (CO) and Capital Structure (CS) are used to mitigate agency cost and
improve Firm Performance (FP). Some listed firms in Nigeria have high agency cost due
to weak nature of corporate monitoring. ...
Tobacco consumption has been associated with chronic health conditions and deterioration in household welfare. Consequently, the efforts at mitigating its impact is global. Previous national and sub-population epidemiologic ...
Progressive health care financing, which occurs when the non-poor pay more for health care than the poor, becomes regressive by Horizontal Inequity (HI) and Reranking (RR). The HI implies that individuals with similar ...
The Shadow Economy (SE) includes economic activities operating outside relevant
government regulations. These activities are expected to wane as the economy grows, but,
continue to exist. Thus, the effects of SE on ...