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The Effects of Mergers and Acquisition on Corporate Growth and Profitability
GLOBAL JOURNAL OF BUSINESS RESEARCH ♦ VOLUME 7 ♦ NUMBER 1 ♦ 2013 THE EFFECTS OF MERGERS AND ACQUISITION ON CORPORATE GROWTH AND PROFITABILITY: EVIDENCE FROM NIGERIA Sylvester Feyi Akinbuli, University of Lagos, Distance Learning Institute Ikechukwu Kelilume, Lagos Business School ABSTRACT It is a widely held view that a strategic solution to financial distress in corporate organizations is mergers and acquisitions. This view remains a presumption, which has not been empirically tested through a research study. Corporate organizations facing difficulty have in recent times often followed or are compelled by regulators to follow the path of extensive reconstruction through mergers and acquisitions, apparently as the only option to liquidation. This paper fills a gap in the literature by investigating the effects of mergers and acquisitions on the efficiency, growth and profitability of corporate organizations in the post consolidated environment of the Nigerian banking industry. The methodology used is a survey of companies incorporated in Nigeria under the Companies and Allied Matters Act [1990], which have undergone a merger or an acquisition process. The elements of the survey were selected randomly. A total of ten incorporated banks were selected using simple random sampling technique. The collected data were analyzed using key financial ratios. The results support the idea that mergers and acquisitions are not a prima facie solution to the problem of financial distress in corporate organizations. This is especially so when mergers are regulatory imposed than business environment driven. The study further revealed that while mergers and acquisitions can drive growth and profitability in some organizations, operating efficiency suffers at least in the short-term in the post merger and acquisition corporate entity. -
Nigerian Nationalism: a Case Study in Southern Nigeria, 1885-1939
Portland State University PDXScholar Dissertations and Theses Dissertations and Theses 1972 Nigerian nationalism: a case study in southern Nigeria, 1885-1939 Bassey Edet Ekong Portland State University Follow this and additional works at: https://pdxscholar.library.pdx.edu/open_access_etds Part of the African Studies Commons, and the International Relations Commons Let us know how access to this document benefits ou.y Recommended Citation Ekong, Bassey Edet, "Nigerian nationalism: a case study in southern Nigeria, 1885-1939" (1972). Dissertations and Theses. Paper 956. https://doi.org/10.15760/etd.956 This Thesis is brought to you for free and open access. It has been accepted for inclusion in Dissertations and Theses by an authorized administrator of PDXScholar. Please contact us if we can make this document more accessible: [email protected]. AN ABSTRACT OF' THE 'I'HESIS OF Bassey Edet Skc1::lg for the Master of Arts in History prt:;~'entE!o. 'May l8~ 1972. Title: Nigerian Nationalism: A Case Study In Southern Nigeria 1885-1939. APPROVED BY MEMBERS OF THE THESIS COMMITIIEE: ranklln G. West Modern Nigeria is a creation of the Britiahl who be cause of economio interest, ignored the existing political, racial, historical, religious and language differences. Tbe task of developing a concept of nationalism from among suoh diverse elements who inhabit Nigeria and speak about 280 tribal languages was immense if not impossible. The tra.ditionalists did their best in opposing the Brltlsh who took away their privileges and traditional rl;hts, but tbeir policy did not countenance nationalism. The rise and growth of nationalism wa3 only po~ sible tbrough educs,ted Africans. -
7.14 Nigeria Capital City Abuja Population (2005 Est.) 141,400,000 (2.2% Growth)
The Ocean Data and Information Network of Africa 7.14 Nigeria Capital city Abuja Population (2005 est.) 141,400,000 (2.2% growth) GDP per capita (USD 2005 est.) $1 128 Life expectancy at birth (2005 est.) 46.5 years (male - 46.0, female - 47.1) Land and water area 923,768 km2 (land - 910 768, water - 13 000) Length of coastline 853 km Dr. Larry Awosika, Dr. Regina Folorunsho* ---------------------------------- Highest point of elevation Mount Chappei Waddi 2 419 m Nigerian Institute for Oceanography and Marine Research P.M.B. 12729 Victoria Island Coral reef area (2001 est.) 0 km Lagos *Corresponding author E-mail: [email protected] Mangrove area (2005 est.) 997,000 ha Marine protected areas (2007 est.) 0 km2 (0% of total territorial waters) Capture fisheries prod. (2006 est.) 552,323 metric tones N Aquaculture fisheries prod. (2006 est.) 84,578 metric tones NIGER CHAD Sokoto Chad Katsina Yobe Sokoto Jigawa Rivers to the Country’s Coast: The river catchment basins in the Katagum Kano Borno coastal zone consist of the western Nigeria catchment basin, the Niger Kebbi Benue catchment basin, and the south-eastern catchment basin. The major rivers in the western Nigerian catchment basin consist of Kaduna Ogun, Owena, Osun and Shasha which are sourced from the Yoruba Bauchi BENIN Niger highlands and drain the landmass in the south western part of Nigeria. Kaduna These rivers empty into the Lagos lagoon. Kwara Niger Adamwa Plateau Ogun ABUJA The Niger Benue catchment basin is dominated by the Niger and Benue Banua Oyo rivers. The Niger River flowing over coarse, crystalline, Cretaceous Kogi Taraba CAMEROON and Cenozoic base complex enter the country in the west, and has Osun Niger Benus Chappai Waddi a total length of 4 123 km - making it the eleventh longest river in Endo Ogun 2419m the world. -
Analyzing Flood Risk in Lagos Island Local Government Area of Lagos State Babalola M
Analyzing flood risk in Lagos island local government area of Lagos state Babalola M. ADEWARA, Hudson E. IRIVBOGBE, Wasiu YUSUF, Mutiu AKITOYE Key words: Flooding, Modelling, Risk Assessment, GIS SUMMARY Lagos Island is a low lying area in Lagos State, plagued by flood on a yearly basis. When intense rainfall occurs, this location is usually flooded, leading to loss and damage of property. In July 2012, extreme rainfall events occurred in this location and this led to severe flooding that caused serious damage to both public and private properties. More extreme flooding occurred in this same location in July 2017. Hence, in this study, the HEC (Hydrological Engineering Centre) modelling packages such as HEC-HMS and HEC-RAS software packages as well as ARCGIS software are used to simulate flood occurrence in Lagos Island. Light Detection and Ranging (LIDAR) and GIS are used for the flood modelling and mapping. LIDAR data, rainfall data, land use maps and GPS points are input data layers in this study. The results indicate that the average flow depths within the study area is 3.2m and over 60% of the Residential and Commercial buildings are at risk. Flood hazard maps are also generated to identify the areas within the city with high risk of flooding. Three-dimensional model of the location with embedded flood inundation map is also generated for a better understanding of the severity of flooding in the location. Analysing Flood Risk in Lagos Island Local Government Area of Lagos State (9593) Hudson Irivbogbe, Monsur Adeware, Wasiu Yusuf and Mutiu Akitoye (Nigeria) FIG Congress 2018 Embracing our smart world where the continents connect: enhancing the geospatial maturity of societies Istanbul, Turkey, May 6–11, 2018 Analyzing flood risk in Lagos island local government area of Lagos state Babalola M. -
The Nexus Between the Increasing Involvement of Youth in Betting Games and Unemployment from the Nigerian Perspective
The current issue and full text archive of this journal is available on Emerald Insight at: https://www.emerald.com/insight/2632-279X.htm Increasing The nexus between the increasing involvement of involvement of youth in betting youth games and unemployment: the Nigerian perspective 163 Gbemi Oladipo Olaore Received 12 February 2020 Revised 23 April 2020 Department of Management, Atilim University, Ankara, Turkey, and 16 June 2020 18 June 2020 Bimbo Onaolapo Adejare and Ekpenyong Ekpenyong Udofia Accepted 18 June 2020 Department of Business Administration, Faculty of Management Science, University of Lagos, Akoka-Yaba, Nigeria Abstract Purpose – Betting games have become a global industry worth billions of dollars providing employment to millions and contributing to the gross domestic product (GDP) of several countries. While there are debates and controversies surrounding betting games discourse, a growing body of literature shows that it has been exacerbated by growing unemployment rates. This paper aims to examine the nexus between the increasing involvement of youth in betting games and unemployment from the Nigerian perspective. Design/methodology/approach – The study adopts simple random and stratified sampling techniques to select participants for the study. Three hypotheses were tested for this study and confirmatory factor analysis (CFA) and structural equation model (SEM) was used to test the hypotheses. Findings – The three hypotheses tested in this study were coined from previous literature. The study established a direct link between technology advancement, promises of winning big coupled with bonuses while unemployment was not significant to youth involvement in betting games. The study also showed that playing betting games provides another source of income to the youth, who are already engaged in one form of work or another. -
The Prevalence and Plasmid Profile of Non-Typhoidal Salmonellosis in Children in Lagos Metropolis, South-Western Nigeria
Open Access Research The prevalence and plasmid profile of non-typhoidal salmonellosis in children in Lagos metropolis, South-western Nigeria Ajoke Olutola Adagbada1,&, Akitoye Olusegun Coker1, Stella Ifeanyi Smith2, Solayide Abosede Adesida3 1Department of Medical Microbiology and Parasitology, College of Medicine, University of Lagos, Lagos, Nigeria, 2Molecular Biology and Biotechnology Division, Nigerian Institute of Medical Research, Yaba, Lagos, Nigeria, 3Department of Microbiology, Faculty of Science, University of Lagos, Akoka, Lagos, Nigeria &Corresponding author: Ajoke Olutola Adagbada, Department of Medical Microbiology and Parasitology, College of Medicine, University of Lagos, Lagos, Nigeria Key words: Prevalence, plasmid, salmonellosis, children Received: 29/12/2012 - Accepted: 17/11/2014 - Published: 09/12/2014 Abstract Introduction: Non-typhoidal Salmonella is the causative agent of gastroenteritis, a food-borne and zoonotic infection which is a major cause of high morbidity and death among children under 5 years of age especially from resource poor settings like the developing countries. Methods: This study was carried out for 6 months to determine the prevalence and plasmid profile of non-typhoidal salmonellosis in children in Lagos metropolis. A total of 105 stool samples were collected from diarrheal children aged 3 months to 12 years and processed during this period. The isolates were identified using Selenite F Broth, Salmonella-Shigella Agar, Kligler Iron Agar, and Motility-indole-Urea medium, citrate and sugar utilization tests. Results: A total number of 127 isolates were identified, 2 of which are Salmonella enteritidis (1.6%). The non-typhoidal Salmonellae were sensitive to ciprofloxacin, cetotaxime, streptomycin, cotrimxazole and tetracycline. Only one of the 2 isolates (50%) was sensitive to amoxillin and sulphonamide while none of them (0%) was sensitive to cefuroxime. -
Curriculum Vitae
CURRICULUM VITAE Full Names ODUDU, Christopher Oghenegweke Post Applied for Associate Professor/Department of Real Estate in any university/country where English Language is medium of communication. Date of Birth 15th October, 1952 Place of Birth Sapele, Delta State, Nigeria Nationality Nigerian State of Origin Delta Religion/Denomination Christianity/Catholic Current Postal Address Faculty of Environmental Sciences, Department of Estate Management, University of Benin, Ugbowo, Benin-City, Edo State Permanent Home Address 25C Aisosa Omogui Avenue, Ugbor, Benin-City GSM: 08033085299, e-mail [email protected] Marital Status Married Names/No. and Ages of Children S/N NAME AGE 1 1 Mr. Odafetite G. Odudu 28 2 Mr. Mudiaga J. Odudu 23 3 Mr. Ochuko Odudu 19 4 Miss. Ejiroghene Odudu 17 Name/Address of Spouse Mrs. Frances O. Odudu/25C Aisosa Omogui Avenue, Ugbor, Benin-City GSM: 08023108356 Schools Attended a. Saint Patrick’s Catholic Primary School, Sapele, Delta State (1958-1963) b. Saint Malachy’s College, Sapele, Delta State (1965-1969). c. Federal School of Science and Arts, Victoria Island, Lagos (1972- 1974) Universities Attended a. University of Ibadan (1975-1978). b. University of Reading, United Kingdom (1982-1984). c. University of LAGOS (2004-2013) Educational Qualifications a. W.A.S.C. Grade Two b. B.Sc (Agricultural Biochemistry & Nutrition) 2nd Class Upper. c. M.Phil (Land Management). d. Ph.D (Estate Management) Professional Association Membership a. Associate Member, Nigerian Institution of Estate Surveyors and Valuers. b. Member, Royal Institution of Chartered Surveyors, United Kingdom Postions Held a. Taught in Eziafa Grammar School, Sapele, Delta State (1979- 1980). -
ANGELA FILENO DA SILVA Vozes De Lagos
UNIVERSIDADE DE SÃO PAULO FACULDADE DE FILOSOFIA, LETRAS E CIÊNCIAS HUMANAS DEPARTAMENTO DE HISTÓRIA ANGELA FILENO DA SILVA Vozes de Lagos: brasileiros em tempos do império britânico Versão corrigida São Paulo 2016 UNIVERSIDADE DE SÃO PAULO FACULDADE DE FILOSOFIA, LETRAS E CIÊNCIAS HUMANAS DEPARTAMENTO DE HISTÓRIA Vozes de Lagos: brasileiros em tempos do império britânico Costa da Mina, 1840-1900 Angela Fileno da Silva [email protected] [email protected] Tese apresentada ao Departamento de História da Faculdade de Filosofia, Letras e Ciências Humanas da Universidade de São Paulo para obtenção do título de Doutor em História. Área de Concentração: História Social Orientadora: Profa. Dra. Leila Maria Gonçalves Leite Hernandez Versão corrigida São Paulo 2016 2 3 ANGELA FILENO DA SILVA Vozes de Lagos: brasileiros em tempos do império britânico Costa da Mina, 1840-1900 Tese apresentada ao Departamento de História da Faculdade de Filosofia, Letras e Ciências Humanas da Universidade de São Paulo, aprovada pela Banca Examinadora constituída pelos seguintes professores: ___________________________________________________ Profa. Dra. Leila Maria Gonçalves Leite Hernandez DH – FFLCH/USP Orientadora ________________________________________ Prof(a) Dr(a) Mônica Lima e Souza – Instituição Universidade Federal do Rio de Janeiro/ CFCH ________________________________________ Prof(a) Dr. Acácio Sidinei Almeida Santos – Instituição Universidade Federal do ABC/ RI ________________________________________ Prof(a) Dr. Alexandre Almeida Marcussi – Instituição Universidade Federal de Minas Gerais/FAFICH ________________________________________ Prof(a) Dr(a) Marina de Mello e Souza – Instituição Faculdade de Filosofia, Letras e Ciências Humanas/DH São Paulo, 25 de abril de 2016. 4 Para minha avó Maria Gonçalves Fileno, que nunca assinou seu próprio nome, mas ensinou aos filhos e netos o valor do conhecimento. -
A CHECKLIST of TREE SPECIES GROWING on AKOKA CAMPUS of UNIVERSITY of LAGOS, NIGERIA *Nodza, I.G., Onuminya, T.O
International Journal of Science, Environment ISSN 2278-3687 (O) and Technology, Vol. 3, No 3, 2014, 1021 – 1034 A CHECKLIST OF TREE SPECIES GROWING ON AKOKA CAMPUS OF UNIVERSITY OF LAGOS, NIGERIA *Nodza, I.G., Onuminya, T.O. and Ogundipe, O.T Molecular Systematics Laboratory, Department of Botany, University of Lagos, Akoka-Lagos, Nigeria E-mail: [email protected] (*Corresponding Author) Abstract: The following checklist is provided as the most complete compilation of the tree species growing on Akoka Campus of University of Lagos, southwestern Nigeria. This checklist was derived from extensive field survey, with the view of investigating the concurrent depletion on the remnant flora and inventory of all the tree species. Data collection was done by dividing the study area into several plots, and samples were randomly collected from each plot, and identification of the samples was done using local floras. A total of 67 woody tree species belonging to 57 genera within 27 families is represented in the study area. Of the 67 species, 43 species (64.17%) are native to Nigeria and West Africa and 24 species (35.83%) are considered exotic or non- native and are naturalized. The result showed that fourteen families consist of only 1 species each, four families have 2 species each and 3 species each respectively, two families have 4 species each while the other families consists of 5 species, 7 species and 13 species respectively. Of these, the family Fabaceae has the highest frequency (13 species) representing 19.409% of total species encountered) occurring in all the plots followed by Moraceae which consists of 7 species (10.45%). -
Volume 10, July 2016
Volume 10, July 2016 A publication of: Faculty of Arts Lagos State University, Ojo Lagos, Nigeria. Email: [email protected] A4 SPECIAL new version EDITION Journal of Humanities copy.indd 1 6/17/2016 3:37:33 PM LASU Journal of Humanities Volume 10, July 2016 © 2016 Faculty of Arts Lagos State University, Ojo Lagos, Nigeria ISSN: 978-274-384-4 Produced by Free Enterprise Publishers, Ibadan HEAD OFFICE: 8/9 Oshodi Street, Felele Layout, Ibadan. 0814.1211.670 LAGOS OFFICE: LASU Strategic Business Unit (L.S.B.U.) Lagos State University Campus, Ojo. A4 SPECIAL new version EDITION Journal of Humanities copy.indd 2 6/17/2016 3:37:33 PM Volume 10, July 2016 A publication of: Faculty of Arts Lagos State University, Ojo A4 SPECIAL new version EDITION Journal of Humanities copy.indd 3 6/17/2016 3:37:34 PM SUBMISSION OF ARTICLES The LASU Journal of Humanities encourages submissions from a variety of theo- retical standpoints and from different disciplines—especially those that traditionally belong to the all-encompassing “Faculty of Arts,” including, however, other areas with which the Faculty has affiliation: anthropology, cultural studies, folklore, media stud- ies, popular culture, communication, sociology and political science. GUIDELINES FOR AUTHORS Articles Authors should submit research articles of (maximum) 10–20 A4 pages, double- spaced, 12-point Times New Roman font type, in accordance with the MLA or APA styles, and include an abstract of no more than 100 words and a Works Cited section. Authors must provide both a paper copy and an electronic copy of their article. -
Lagos State Poctket Factfinder
HISTORY Before the creation of the States in 1967, the identity of Lagos was restricted to the Lagos Island of Eko (Bini word for war camp). The first settlers in Eko were the Aworis, who were mostly hunters and fishermen. They had migrated from Ile-Ife by stages to the coast at Ebute- Metta. The Aworis were later reinforced by a band of Benin warriors and joined by other Yoruba elements who settled on the mainland for a while till the danger of an attack by the warring tribes plaguing Yorubaland drove them to seek the security of the nearest island, Iddo, from where they spread to Eko. By 1851 after the abolition of the slave trade, there was a great attraction to Lagos by the repatriates. First were the Saro, mainly freed Yoruba captives and their descendants who, having been set ashore in Sierra Leone, responded to the pull of their homeland, and returned in successive waves to Lagos. Having had the privilege of Western education and christianity, they made remarkable contributions to education and the rapid modernisation of Lagos. They were granted land to settle in the Olowogbowo and Breadfruit areas of the island. The Brazilian returnees, the Aguda, also started arriving in Lagos in the mid-19th century and brought with them the skills they had acquired in Brazil. Most of them were master-builders, carpenters and masons, and gave the distinct charaterisitics of Brazilian architecture to their residential buildings at Bamgbose and Campos Square areas which form a large proportion of architectural richness of the city. -
Global Majority E-Journal, Volume 11, Number 2 (December 2020)
Global Majority E-Journal Volume 11, Number 2 (December 2020) Global Majority E-Journal About the Global Majority E-Journal The Global Majority E-Journal is published twice a year and freely available online at: http://www.american.edu/cas/economics/ejournal/. The journal publishes articles that discuss critical issues for the lives of the global majority. The global majority is defined as the more than 80 percent of the world’s population living in low- and middle-income countries. The topics discussed reflect issues that characterize, determine, or influence the lives of the global majority: poverty, population growth, youth bulge, urbanization, lack of access to safe water, climate change, agricultural development, etc. The articles are based on research papers written by American University (AU) undergraduate students (mostly freshmen) as one of the course requirements for Econ-110—The Global Majority, which is an elective within the New AU Core. Editor Dr. Bernhard G. Gunter, Assistant Professor, Economics Department, American University; Washington, DC; and President, Bangladesh Development Research Center (BDRC), Falls Church, VA, United States. The editor can be reached at [email protected]. Cover Design Based on an animated GIF (Graphics Interchange Format) available as Wikimedia Commons, created in 1998 by Christian Janoff, showing the “Globe” demonstration as it can be found on the Commodore REU 1700/1750 test/demo disk; please see: http://en.wikipedia.org/wiki/File:Globe.gif. ISSN 2157-1252 Copyright © 2020 by the author(s) for the contents of the articles. Copyright © 2020 by American University for the journal compilation. All rights reserved. No part of this publication may be reproduced, stored or transmitted in any form or by any means without the prior permission in writing from the copyright holder.