Nigerian Economy Macroeconomic Analysis - 5021 Words

sisNigeria – Country Report 2012 61310039 Indian School of Business 7/6/2012 Contents Economic Overview 3 Gross Domestic Product (GDP) 3 GDP Composition 4 Inflation 4 Shadow Economy 5 Trade Overview 5 Foreign Debt 7 Labor Market amp; Human Capital 7 Population and Income Inequality 8 Unemployment 9 Currency 10 Money Supply and Monetary Control 10 Fiscal policy 12 Exchange rates 12 Interest Rates 13 Foreign Direct Investment 14 Globalization and Comparative Advantage 14 Conclusion 15 References 16 Economic Overview Nigerias economy is estimated to be worth about $262bn, making it one of the largest economies in Africa. The estimates and analysis of various indicators is discussed in the†¦show more content†¦It is expected moderate only in 2014 as a result of moderation in commodity prices. The April 2012 inflation data as obtained shows a Month-on-month inflation to be (0.13%), Year-on-Year (12.9%), 12-Month Avg. Chg. (11.1%). The inflation rate is exceedingly high and is detrimental towards investment in the country. The Consumer Price Index and Nigerian Inflation rate is shown below. Source: Economic Intelligence Unit Shadow Economy The untaxed and unregulated revenues - by some estimates - account for between 40% and 45% of gross domestic product (GDP). Nigerians make most of their living, as street hawkers, minibus drivers, money changers or market traders. In spite of the abysmal performance of the country’s economy, poor infrastructure and unfriendly business environment Nigeria has huge potentials to be tapped because of its huge deposits of Natural Resources and population that can be gainfully employed. The black economy accounts for a large part of the Nigerian economy. Trade Overview Nigeria has considerable natural resources such as oils, and the revenue from oil exports forms a major chunk of the Government fund. Nigeria has recently started a sovereign wealth fund and the excess returns from oil exports viz-a-viz projected returns is directed to this sovereign fund. This fund is building up at a slower pace as the revenue is being directed towards meeting government excess spending to meet the countries capitalShow MoreRelatedNigerian Economy: Macroeconomic Analysis5008 Words   |  21 Pages Inflation 4 Shadow Economy 5 Trade Overview 5 Foreign Debt 7 Labor Market amp; Human Capital 7 Population and Income Inequality 8 Unemployment 9 Currency 10 Money Supply and Monetary Control 10 Fiscal policy 12 Exchange rates 12 Interest Rates 13 Foreign Direct Investment 14 Globalization and Comparative Advantage 14 Conclusion 15 References 16 Economic Overview Nigerias economy is estimated to be worth about $262bn, making it one of the largest economies in Africa. The estimatesRead MoreCurrency Devaluation And Fuel Subsidy Removal1185 Words   |  5 PagesCurrency devaluation and fuel subsidy removal are policies that are phenomena to the Nigerian economic environment. This research study identifies that the implementation of the policies has further caused more challenges in the pursuit for economic development than remedy to alleviate the crisis. From the research questions of this research study, was the questionnaire developed aimed at prying into currency devaluation and fuel subsidy removal for Nigeria’s economic development. The use of questionnairesRead MoreThe Impact of Macroeconomic Instability on the Banking Sector7782 Words   |  32 PagesJournal of Money, Investment and Banking ISSN 1450-288X Issue 7 (2009)  © EuroJournals Publishing, Inc. 2009 http://www.eurojournals.com/JMIB.htm The Impact of Macroeconomic Instability on the Banking Sector Lending Behaviour in Nigeria Somoye, Russell Olukayode Christopher Associate Professor, Department of Banking and Finance Olabisi Onabanjo University, Ago-Iwoye P.O Box 1140 Ijebu Ode , Nigeria E-mail: olukayodesomoye@hotmail.com Tel: + 234-8033335688 Ilo, Bamidele M Department of BankingRead MoreEffects of Finanacial Crises on Nigerian Capital Market5207 Words   |  21 PagesWith its roots in banking, the sub-prime mortgage crisis that commenced in the United States in 2007 soon resonated in other sectors of its financial system, and the economy, at large. It spread quickly to the developed economies in Europe, including the United Kingdom, and Asia -with Japan becoming well affected. The emerging economies were not isolated. A transmission channel of the global financial crisis, which has been referred to as the â€Å"Globalised Synchronized Slowdown† is the stock market SERE-EJEMBIRead MoreThe Organizational Structure Of Gtbank International Organization1274 Words   |  6 Pagesdetermine if this is abnormally high or not; a cross-sectional analysis of the competition is needed to determine if GTBank is too highly leveraged. The company has many foreign exchange risk exposures; they issue loans in multiple currencies (i.e. currencies of countries where they have operations) and began issuing USD bonds in 2013. In 2014 the Nigerian Naira devalued twice from N155/USD eventually to N197/USD. 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The aim of this work is to, however, try to point out the reasons and also the macroeconomic effects of the financial crisis in both countries economy and the resulting

Milo Thailand Marketing Plan - 6582 Words

1.0 EXECUTIVE SUMMARY â€Å"Milo†, a brand of chocolate/malt powder beverage of Nestle, which is once known in the past as number one brand in customers’ mind in Thailand. But nowadays Milo is not that well perceived as before but another leader, Ovaltine, had triumph the position and become market leader in the segment. With the nature of Nestlà © that utilize generic marketing strategy such as cost leadership in business, the company is currently struggling hard time finding the competitive advantage for Milo, when it comes to face to face with its main rival, Ovaltine. The main objective of this marketing plan is to provide useful of marketing strategies, explanation and sales forecast to make Milo become the market leader in Thailand. Models†¦show more content†¦Nestlà © can provide more value to this group by inform that Milo contains rich nutrition. Marketing Management: MILO Marketing Plan 3 ï‚ · Personality: People with active personality and outgoing should be educated that Milo is the perfect product for them. Nestlà © can tie Milo to sport celebrity that has the same type of this personality to create emotional attachment with consumers. 2.2 SWOT ANALYSIS We applied SWOT analysis to find out how effective Milo is operating based on its internal and external factors that affect its success. INTERNAL Strengths ï‚ · Mainly focused in chocolate/malt beverage. ï‚ · Unique selling point. ï‚ · Part of Nestlà © which can leverage the brand Milo reputation and financial. ï‚ · Value of money, cheaper than competitors. ï‚ · Well know not just in Thailand but worldwide. Weakness ï‚ · Lesser product variety compared to competitors (Ovaltine) ï‚ · Lesser assortments of packaging (only pouches) ï‚ · Low distribution coverage. EXTERNAL Opportunities ï‚ · World Cup event. ï‚ · Increased media alternatives .(mobiles and internet) ï‚ · Health conscious trend. ï‚ · Prosperous fitness industry ï‚ · Not many big players. (two big players are Milo and Ovaltine) Strengths: Since Milo’s product is primary chocolate/malt related, it is easy for the company to communicate and puts its resources single-minded on its product assortments. The brand Milo is also under the umbrella of Nestlà © brand name thatShow MoreRelatedMarketing 4ps1314 Words   |  6 PagesFundamental Of Marketing MKT 243 INDIVIDUAL ASSIGNMENT(NESTLE MILO) NAME : SHAHRUL IZANY BIN SHAHIR MATRIX NO : 2010486584 GROUP : J3BM1112B LECTURER : MISS NOR FAZLIN BINTI UTEH INTRODUCTION | 1 | PRODUCT | 2 | PRICING | 3 | PLACE | 4 | PROMOTION | 5-6 | INTRODUCTION Nestlà © began in Malaysia in 1912 as the Anglo-Swiss Condensed Milk Company in Penang and later, growth and expansion made a move to Kuala Lumpur necessary in 1939. Since 1962Read MoreNestle Marketing Plan1453 Words   |  6 PagesMarketing Plan - Nescafà © Dictado, Louise Lejano, Mark Albert Basa, Carol Belle Magnaye, Angelica Current Marketing Situation Analysis A. Industry Study Nearly a hundred years after it first started operations in the country, Nestlà © Philippines, Inc. (NPI) today is a robust and stable organization, proud of its role in bringing the best food and beverage throughout the stages of the Filipino consumers’ lives. The Company employs more than 3,200 men and women all over the country. It is now amongRead MoreMarket Study Marketing 310 Kraft (Tang Instant Drink Mix Oreo Cookies)1928 Words   |  8 Pagesloves its sweet, refreshing flavor plus the added nutrition it gives. It is also instant drink mix charged with calcium and vitamin C. The present geographical dispersion of these two products Oreo are from Indonesia and the Tang product is from Thailand. 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By looking at the SWOT analysis of Tata Motors, you will know why Tata Motors Company is able to produce more than 4 million different types of vehicles such asc a r s, trucks, commercial vehicles, 4Ãâ€"4†¦etc since the company began in 1945. Meanwhile, Tata Motors Limited has also become the largest automobile producer in India market. Marketing strategies of Tata motors What makesRead MoreMunchy4274 Words   |  18 PagesMunchys Make The Company Marketing Essay Strategic management is the process which refers to strategy formulating, implementing, and evaluating cross functional decisions to enable an organization to achieve its objectives. A strategy is about long-term planning and it must be implemented and the organization resources as well as its capabilities properly harnessed so as to achieve the planned outcome. 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Arts and crafts movement Essay Example For Students

Arts and crafts movement Essay Their focus was to emphasize a new appreciation of traditional craftsmanship using simple forms. They wanted the designs to not only be enjoyed by the consumer but by the creator as well. The philosophy of John Risking was his social criticism of machinery and he believed it the root of social evil. He was concerned about the decrease of rural handicrafts and the traditional skills being lost through modernization. The main controversy raised by the movement was how practical it could be in he modern world. Progressives claimed that it was trying to relive the past and that the Arts and Crafts Movement could not be taken as practical in mass urban and industrialized society. But the ideas still managed to spread throughout all of Europe and eventually to North America. Though in Europe the movement stood for anti-industrialism in America the ideas ever slightly different. They embraced the movement because they felt it could be enable a new experience in industrial consumerism. The movement flourished in the arts era of Art Nouveau and Art Deco, especially in the middle class. It initiated the attempts to reinterpret European arts and crafts ideals for architecture and furniture. The designs emphasized the qualities of the materials being used, often using patterns inspired by British flora. They were influenced by the Gothic Revival and were interested in medieval styles, using bold forms and strong colors based on medieval designs. They claimed to believe in the moral purpose of art. Truth to material, structure and function. The reason for the decline of The Arts and Crafts Movement Is relevant to the 1836 death tot William Morris. Continuing growth of industrialization was a factor as well because as a society we had grown dependent on its convenience. Although there were hundreds of organizations and guilds that were created that carried the spiritual and aesthetic message of the movement and its leaders, over the next decade the interest slowly declined as people looked for the next design fad and the upcoming international tensions that would flare up just before World War l.

The Tradition of Making Cherry Jam Essay Example For Students

The Tradition of Making Cherry Jam Essay For many years, my family has many traditions of going to family events and gatherings. One of them is going to beautiful house in small village near Skopje. The house was built 30 years ago by my grandparents. When they were young they wanted to built house where our family can spend time together. In the yard they planted fruit trees and now we can enjoy the beauty and tastiness of the fruits. When my mother was little she learned the family tradition of making cherry jam. She and my grandmother are now making cherry jam together. Now it was my turn of learning the tradition. I have always enjoyed the warmth of the family gathering especially those where I can learn a family tradition, such as making cherry jam. Cherries are very tasty fruits that grow on trees. A cherry tree will take three to four years to produce its first crop of fruit, and seven years to attain full maturity. We have 2 trees in our yard, one with white cherries and one with red cherries. We will write a custom essay on The Tradition of Making Cherry Jam specifically for you for only $16.38 $13.9/page Order now Although jam could be made from white and red cherries our family for many years is using the red cherries. They have a very short growing season. The peak season for cherries is in the summer. They are usually at their peak in June and in July to mid-August. When the peak season come we are all there prepared for the cherry jam making. At first all men are picking up all the cherries from the tree in big crates, buckets and boxes. Often we must remind them not to eat the cherries but to put them in to the crates, buckets and boxes. We use special spoons to take out the seed. Now the cherries are prepared for the jam. Then we put certain quantity of sugars and the cherries in large pot on light fire and left to boil 2-3 hours. At this point, our family has 2-3 hours, the most beautiful hours for spending time together. This time is full with laughter, talking, singing and playing. Of course from time to time one of use is going to check and stir the cherry jam. The family secret that is passing from generation to generation is when exactly the cherry jam is ready. The most common mistake that is made while making cherry jam is when you take out the cherry jam from the fire to late or too soon from the exact time. Finally, with spoon we put the cherry jam in the jars all together and it is ready. This cherry jam making is not common only to our family. Families from all over Macedonia and Balkan know how to make jam. Many families make jam with pleasure however there are families that think that buying the jam is a lot easier than making it. Tradition of making jam has two positive things, keeping family together and spending beautiful time and also making something delicious such as cherry jam so the whole family can eat it throw the year. As above mention we can see that making jam is very easy we should only pick the cherries and boil them, but this making jam is precious because it gathered the family and make me realize how much I love and enjoy spending time with them. When I learn the jam tradition, I found that the time spent with my family is the most important ingredient in cherry jam making process.