Category Archives: International Journal of Management Studies, Business and Entrepreneurship Research , volume 7, number 1, 2022

Ethics in Organisational Strategy and Culture

¹Matthias O. Nkuda; ²Margaret Ekeins &³Tatfeng Marie Madeleine

¹Department of Management, University of Port Harcourt, Port Harcourt, Nigeria.

²Department of Management, Niger Delta University, Wilberforce Island, Yenagoa, Bayelsa State.

³Department of Office and Information; Niger Delta University, Wilberforce Island, Yenagoa, Bayelsa State

Email:matthias.nkuda@uniport.edu.ng; margaretekeins@ndu.edu.ng, mariefeng@yahoo.com

ABSTRACT

This paper discusses ethics in relation to organisational strategy and culture. The definitions and importance of ethics, organisational strategy and culture are clearly stated and explained. Above all, this concludes that an intricate relationship exists between ethics and organisational strategy including corporate culture which serves as the backbone or foundation of the relationship and connection.

Keywords: Ethics, organisational strategy, strategos, corporate culture

Intervention analysis of Daily Brazilian Real / Nigerian Naira Exchange Rates Because of the 2020 Nigerian Recession

Ette Harrison Etuk; Imoh Udo Moffat&Unyime Patrick Udoudo

Department of Mathematics, Rivers State University, Port Harcourt, Nigeria

Department of Statistics, University of Uyo, Uyo, Nigeria

Department of Statistics, Akwa Ibom State Polytechnic, Ikot Osurua, Nigeria

Email: etuk.ette@ust.edu.ng, moffitto2011@gmail.com;udoudogeno@gmail.com

ABSTRACT

This paper is an attempt to model intervention between daily Brazilian real (BRL) and Nigerian naira (NGN) exchange rates. A look at the time plot of the exchange rates series shows that there is an intervention believed to have been caused by the announced economic recession of the year 2020 in Nigeria induced by the advent of covid-19 pandemic. The data are therefore from September 2020 to December 2020. It is clear that the exchange rates rose sharply from November 20 up to 31December, 2020. The pre-intervention data are non-stationary. This necessitates its differencing; the first differences are now stationary. The correlogram of the differences shows an autocorrelation structure of a white noise process. Post-intervention forecasts of the model are each equal to the last pre-intervention rate of 72.2711. The transfer function of the model has been estimated and the fitted model has been shown to closely agree with the post-intervention data. This is a testimony to its adequacy. Pearson chi-square goodness-of-fit test confirms its adequacy. It may be found useful by planners and administrators.

Keywords: Brazilian real, Nigerian naira, exchange rates, intervention, 2020 Nigerian recession, covid-19

How Financial Inclusion Drives Economic Growth in Nigeria

Hafiz Ahmed&Badariyya Ahmed,

Department of Banking and Finance,

Kano State Polytechnic

Email: kawuhafiz@gmail.com; badariyyaahmed@gmail.com

ABSTRACT

Nigeria is among the emerging market with mixed economy changing through financial, service,manufacturing and technological sectors.It is ranked as the 30th-largest economy in the world in terms of nominal GDP, and the 23rd-largest in terms of purchasing power parity. It has become evident that financial services sector has been a vital sector, and of concern that needs to be reengineered and promoted in order to ensure outreach of financial inclusiveness to the unbanked as well as under banked sectors of the society. Financial inclusion has retain to pull toward attention through the global financial development across the years within an economy because of itsability to fasten economic growth.Given that millions of people are excluded from formal financial services globally, there is a potential loss of deposits or savings, loss of investible funds and an attendant loss of capacity of the global economy to generate wealth. Accessibility to financial services is generally recognized as way of enhancing credit creation and promoting capital accumulation through increasing the level of several activities like economy and investment.  Most importantly, access to finance and its use, is an essential policy tool used by governments and policy makers to stimulate economic growth. Making the availability of finance affordable to economic agents, there will be increase in economic activities and perhaps output growth. Financial inclusion offers a platform that could accommodate all income earners to be integrated into the financial system for inclusive growth.