Author name: Fabian

BANK CLEARING HOUSE what bank clearing? Bank clearing house is an institution established by member banks to simplify exchanging and […]

DEVELOPMENT BANKS Development banks are specialized financial institutions which provide long-term credit o’ loan to other enterprises for capital project?

merchant bank and their functions. Merchant banks are financial institutions which perform specialized functions, such as acceptance of bills of

            NIGER BASIN COMMISSION (NBC) Formation of Niger Basin commission: Niger Basin Commission (NBC) was established by countries located in

ECONOMIC GROWTH AND DEVELOPMENT             PERFORMANCE OBJECTIVES At the end of this chapter, students should be able to:  Explain the

     ECONOMIC GROWTH Definition: Economic growth may be defined as the process by which the productive capacity of an economy

             DISTINCTION BETWEEN ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT There is a greater emphasis on the increase in output and

ALTERNATIVE EXPLANATIONS OF ECONOMIC DEVELOPMENT Many theories have been put forward to explain why some nations are developed and while

DEFINITION AND FEATURES OF UNDER-DEVELOPMENT Definition: A nation is regarded as being underdeveloped or developing when it lacks the human

PROBLEMS OF ECONOMIC DEVELOPMENT IN WEST AFRICA Factors or obstacle which affect or hinder the economic development of West African

mortgage banks and functions. what is a mortgage bank? Mortgage banks are financial institutions that specialize in granting loans to

Condition necessary for rapid economic development, solutions to problems of (®) underdevelopment, or measures government can adopt for rapid economic

            WAYS OF FINANCING ECONOMIC DEVELOPMENT IN NIGERIA Internal borrowing, e.g. from banks. Aids and grants from international economic organisations.

ECONOMIC DEVELOPMENT PLANNING PERFORMANCE OBJECTIVES At the end of this chapter, students should be able to:  Explain the meaning of

WAYS OF FINANCING ECONOMIC DEVELOPMENT IN NIGERIA Internal borrowing, e.g. from banks.            Aids and grants from international economic organisations. Loans