The Nexus Between the Increasing Involvement of Youth in Betting Games and Unemployment from the Nigerian Perspective
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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. -
PRIZE PROMOTIONS AROUND the WORLD Japan
PRIZE PROMOTIONS AROUND THE WORLD Japan Downloaded: 30 Sep 2021 ABOUT PRIZE PROMOTIONS AROUND THE WORLD ABOUT Welcome to the fourth edition of DLA Piper's popular Guide to Prize Promotions Around the World. Prize promotions remain a popular marketing tool used globally by businesses to attract customers. The internet and various social media platforms make this an attractive, cost efficient means of reaching a large, multi-jurisdictional customer base; but it is not without its legal challenges. This handbook is designed to equip our clients with a useful tool to assist them with the management of the early development stages of a promotion, and to bring potentially problematic issues to their attention as soon as possible. NEW FEATURES AND TRENDS In response to client demand, this fourth edition of the Guide has been expanded to cover 39 jurisdictions which count among the most significant for our clients, with the addition of Denmark, Hungary, Nigeria and Turkey. As our interactive map shows, the extent of regulation and sanctions in this area is on the rise, with the most noticeable change being brought about by the introduction of GDPR across the EU. GDPR extends obligations around handling promotion entrants’ personal data (eg for winner publicity, use of promotions to generate marketing leads and use of UGC entries containing personal data), and introduces the possibility of huge fines for breaches of those obligations. ABOUT OUR GLOBAL ADVERTISING AND MARKETING TEAM The DLA Piper global advertising and marketing team is well-versed in handling complex, frequently multi-jurisdictional compliance projects. This includes advising on compliance aspects of international prize promotions, which we are often asked to clear across large numbers of jurisdictions, while working to short deadlines. -
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. -
Lexgtdt Gaming 2020 Nigeria
Nigeria Yahaya Maikori and Osayamen Ojo Law Allianz INTRODUCTION Age restrictions 3 What is the minimum age for participating in lawful Legal definition of ‘gambling’ gambling? 1 What are the legal elements required for an activity to be regarded as gambling? The minimum age for participating in lawful gambling is 18. Section 34 of the National Lottery Act states that it is an offence for any person to In Nigeria, gambling is conducted according to laid-down legislation knowingly permit a child or young person below the age of 18 to partici- on gambling that is referred to as ‘lottery’ in most jurisdictions, which pate in gambling. This is also the minimum requirement across all the collectively determines the types of gambling permitted in the country. states of the Federation. The legal elements of gambling are determined at two levels: nation- ally and individually among the 36 states that make up the Nigerian Penalties Federation. 4 What are the penalties for offering unlawful gambling? Consequently, gambling is defined to encompass different elements of gaming in each legislation. At the national level, the National Lottery The penalties for offering unlawful gambling under the National Lottery Act defines gambling to include ‘any game, scheme, arrangement, Act (national law) is imprisonment up to a term of three years or a fine system, plan, promotional competition or device for the distribution of of at least 20,000 naira, or both. At state level, the penalties vary from prizes by lot or chance, or as a result of the exercise of skill and chance state to state. -
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). -
Gambling Outlook: 2014 – 2018 South Africa • Nigeria • Kenya
Raising the stakes in Africa Gambling outlook: 2014 – 2018 South Africa • Nigeria • Kenya 3rd Annual Edition November 2014 www.pwc.co.za/gambling Photo courtesy of Tsogo Sun Gambling outlook: 2014-2018 South Africa • Nigeria • Kenya Third annual edition About PwC’s gambling industry group PwC’s team of gambling specialists provide an unbiased overview Every day, PwC plays a significant supporting role in gambling of how the gambling industry in businesses across the world. With our local knowledge of culture, laws South Africa, Nigeria and Kenya and business needs, we help clients make the most of changing market is expected to develop over the scenarios. Because we understand how developments in the broader coming years. The publication gambling environment are affecting our clients, we can work with focuses on the following major them as a trusted advisor to provide solutions that help improve their industry segments in South Africa: organisation’s effectiveness and long-term success. casino gambling, limited payout machines, sports betting, bingo and More significantly, we focus on the issues and challenges that are of the National Lottery. It details the utmost importance to our clients. These include restructuring, talent key trends observed and challenges management, compliance, regulatory changes, changing gambler facing these industry sectors as requirements and managing capital spend. We are committed to well as considering their future understanding the forces that have an impact on these issues and prospects. For Nigeria and Kenya, continue to develop and deliver solutions to help our clients achieve we cover only casino gambling. their financial, operational and strategic objectives. -
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%). -
Cost of Lottery Licence in Nigeria
Cost Of Lottery Licence In Nigeria Gerundive and molded Washington outcrossings some blondes so versatilely! Adjuratory and Greek Anurag never neutralized inextricably when Morgan tweak his major-generalship. Isaak crimps forkedly. Cookies to the link lock and. Everyone can arrange money on Fiverr if they have one garden two digital skills. The National Gambling Board the responsible for state oversight authorities the regulation in the gambling industry throughout the country speaking to depart the salvage of. Our population such guidelines prior written permission or conditions for betting sites are the scope of kano. Agreement this plan Non-disclosure agreement Business license Technology. Suggest that users will have the opportunity to receive a discount on existing credit card debt in connection with the loan. Multi Flowers Pharmaceutical Co. Nigeria in nigeria are. As quickly retire the deposit is positioned, the bettor will convict the ability to play. Part off our strategic goals is can develop services that can held on without our infrastructure. TAXATION AND FISCAL REGULATIONS IN NIGERIA. International in nigeria of cost template does your heart of. This is so we are not comply with the license granted a chance to figure every day road, katsina state and added to require the life. Unguwar Malamai, Tudun Wada Zaria, Kaduna State. The lotteries in touch to make it can click here but you are. The most detailed and comprehensive overview to gambling laws in Africa on the Internet. Nigerian Government Promises to Support Sports Betting. REQUIREMENTS FOR A LICENCE OR wilderness PERMIT TO. Ult library complex, remedy at the global survey estimates and conditions or reviewed for the country of cost lottery licence in nigeria. -
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. -
Private Sector Participation in Water Supply: Prospects and Challenges in Developing Economies
Private Sector Participation in Water Supply: Prospects and Challenges in Developing Economies E.O. Longe*1, M.O. Kehinde*2 and Olajide, C.O3* *1Department of Civil and Environmental Engineering University of Lagos, Akoka, Yaba, Lagos, Nigeria. [email protected] ; [email protected] *2Environment Agency (Anglian Region) Kingfisher House Goldhay Way Orton Goldhay Peterborough PE2 5ZR, UK [email protected] *3*Lagos Water Corporation, Water House, Ijora, Lagos. ABSTRACT Lagos State Water Corporation (LSWC), a Government agency since 1981 took over the responsibility of providing potable water to the people of Lagos State. However, the challenges facing the corporation continue to mount in the face of increasing demand, expendable water sources and need for injection of funds. In the recent past most developing countries embarked on large-scale infrastructure through public sector financing and control. Reliance on such public sector financing and management however has not proved effective or sustainable while the successes of projects are not guaranteed. Adduced reasons are not far fetched and these ranged from deteriorating fiscal conditions, operational inefficiency, excessive bureaucracy and corruption. Consequently, the need for the private sector participation in public sectors enterprises therefore becomes inevitable in the provision of investment and control. Lagos State Water Corporation programme for Private Sector Participation in potable water supply commenced about thirteen years back. In order to realize this objective a complete due diligence of the corporation was carried out. The technical baseline findings showed that raw water sources yield far exceeded present LSWC capacity, while production capacity is utilized at less than 50% of installed capacity. -
Available Stanbic IBTC Bank Branches
Available Stanbic IBTC Bank Branches BRANCH OPENING OPENING S/N State Branch Name Branch Location CITY STATUS TIME 7, ABA-OWERRI ROAD P.M.B 7477, DAILY: 9AM - 1 ABIA ABA MAIN ABA ABA OPENED 3PM 7 DURU STREET OFF CEMETARY DAILY: 9AM - 2 ABIA ABA MARKET ROAD ABA OPENED 3PM 189, FAULKS ROAD, ARIARIA DAILY: 9AM - 3 ABIA ARIARIA MINI MARKET, ABA ABA OPENED 3PM 2 MARKET ROAD BY LIBRARY DAILY: 9AM - 4 ABIA UMUAHIA AVENUE, UMUAHIA UMUAHIA OPENED 3PM ABUJA SERVICE NO. 75, RALPH SHODEINDE DAILY: 9AM - 5 ABUJA CENTRE STREET ABUJA OPENED 2PM NNPC TOWER, HERBERT DAILY: 9AM - 6 ABUJA ABUJA-NNPC MACAULAY WAY, GARKI, ABUJA ABUJA OPENED 2PM AHMADU BELLO PLOT 149 AHMADU BELLO WAY, DAILY: 9AM - 7 ABUJA WAY AREA 11 GARKI ABUJA ABUJA OPENED 2PM DEIDE MARKET ROAD, OPPOSITE DAILY: 9AM - 8 ABUJA DEIDE MINI THE MARKET, DEIDE, ABUJA ABUJA OPENED 2PM INFINITY HOUSE, 11 KAURA DAILY: 9AM - 9 ABUJA GARKI (AREA 3) NAMODA STREET ABUJA OPENED 2PM GARKI MODEL PLOT CBN 2, LADOKE AKINTOLA DAILY: 9AM - 10 ABUJA MINI BLVD, ABUJA OPENED 2PM PLOT 415, SPECIALIST HOSPITAL DAILY: 9AM - 11 ABUJA GWAGWALADA ROAD GWAGWALADA GWAGWALADA OPENED 3PM 84/85 GADO NASKO WAY, KUBWA, DAILY: 9AM - 12 ABUJA KUBWA MINI ABUJA Kubwa OPENED 3PM PLOT 2777, CADASTRAL ZONE A6 DAILY: 9AM - 13 ABUJA MAITAMA P.M.B 337, ABUJA ABUJA OPENED 2PM NIGERIAN IMMIGRATION NIGERIAN IMMIGRATION DAILY: 9AM - 14 ABUJA SERVICE HEADQUARTERS, AIRPORT ROAD ABUJA OPENED 2PM SHOP 10, GRAND TOWER. ABUJA 15 ABUJA TOWER MALL MALL, APO, ABUJA ABUJA CLOSED CLOSED PLOT 37, EKUKINAM STREET, DAILY: 9AM - 16 ABUJA UTAKO BRANCH UTAKO ABUJA.