The Nigerian Export Promotion Council (NEPC) is a government agency established with the primary responsibility of promoting, facilitating, and increasing the export of non-oil products from Nigeria to the global market. As part of Nigeria’s economic diversification strategy, the NEPC plays a crucial role in reducing the country’s dependence on crude oil by encouraging the […]
Nigerian Export Promotion Council And Their Functions Read More »
Hello welcome to this class on the topic: Nigerian Ports Authority. We would take a look at the meaning of Port Authority and the functions of ports authority. Table Of Contents NIGERIAN PORTS AUTHORITY (NPA) Meaning: The management, controls and general operations of the seaports in Nigeria are handled by the Nigerian ports authority. The
Functions Of Ports Authority | Meaning Read More »
Hello, welcome to this class topic on Customs Authority: We are going to be looking at the Meaning of customs authority, and various functions of customs authority in commerce: Table Of Contents MEANING OF CUSTOMS AUTHORITY Meaning: Customs authority can be defined as a department in the ministry of internal affairs charged with the responsibility
Functions Of Customs Authority | Meaning Read More »
Hello welcome to this class on FUNCTIONS OF AIRPORTS AUTHORITY: The federal airport authority of Nigeria. (FAAN). And examples. Table Of Contents Meaning of federal Airports Authority of Nigeria (FAAN). The federal Airports Authority of Nigeria is a statutory body charged with the responsibility of controlling and managing the airports as well as providing adequate
Functions Of Airports Authority | Meaning And Examples Read More »
Hello welcome to this class on kinds and formations of partnership in commerce. Kinds of partners, formation of partnership, provisions and conditions. Table Of Contents KINDS OF PARTNERS The various kinds of partners are: limited partners, general partner, sleeping partner active partner, and nominal partner. RIGHTS OF PARTNERS FORMATION OF PARTNERSHIP The partnership business may
Kinds And Formation Of Partnership, Provisions, Conditions Read More »
Unit stores are among the most common forms of retail business found in both rural and urban areas, and they play an important role in meeting the daily needs of individuals and families. A unit store can be described as a small-scale retail shop owned and operated independently, usually by one person or a family,
Features Of Unit Stores, Advantages And Disadvantages Read More »
Small scale retail plays a crucial role in the modern economy by catering to the diverse needs of consumers through localized and accessible businesses. Unlike large-scale retail operations, small scale retail focuses on limited product lines, personalized customer service, and community engagement, making it an essential part of both urban and rural markets. Understanding the
Types Of Small Scale Retail, Advantages and Disadvantages Read More »
Features of Market Trading Hello welcome to another class on the topic: MARKET TRADING. In this class we are going to be looking at the meaning of market trading, Features of Market trading, the advantages and disadvantages of Market trading. Table Of Content See Also Definition of Market Trading Market trading is another method of
Features of Market Trading, Advantages And Disadvantages Read More »
Hello, welcome to this class on the Topic: STREET or ROADSIDE TRADING: features of roadside trading, advantages and Disadvantages of roadside trading. Table Of Content See Also Street or Roadside Traders Roadside traders are traders who display their wares along the streets, roads or outside the gates of schools, companies, offices in towns and cities.
Features Of Roadside Trading, Advantages And Disadvantages Read More »
in this blog Post, we are going to be looking at the topic MOBILE SHOPS: The meaning of mobile shops, The characteristics of mobile shop, advantages and disadvantages of mobile shop. Table Of Content See Also MOBILE SHOPS Mobile shops are where goods are arranged in a motor van and are moved from one place
Characteristics Of Mobile Shop, Advantages And Disadvantages Read More »
Hello, welcome to this class. In this class we are going to be looking the topic: HAWKING: characteristics of hawking, advantage and disadvantages of Hawking Table Of Content Meaning of Hawking/Itinerant/Peddling Hawking is a form of Itinerant trade in which the merchants move their goods from one place to another on their heads, bicycle or
Characteristics Of Hawking, Advantages And Disadvantages Read More »
In this blog Post, we are going to be looking at types of customer services, meaning of customer services, their functions and their importance. Table Of Contents Meaning of Customer Services Definition: Customer services are services which a company can adopt in order to attract customers to their business and to endear itself to them.
Types Of Customer Services And Their Functions in commerce Read More »
Hello, welcome to this blog on topic: Reasons for commercialization and privatization of public enterprises in commerce. Table Of Content Definition Of Commercialization Definition: Commercialization is a policy geared towards making state owned enterprises to become more efficient and profit oriented. The policy makes it possible for public enterprises to become more viable and effective.
Reasons For Commercialization And Privatization, Advantages Read More »
The Economic Community of West African States (ECOWAS) is a regional political and economic union made up of fifteen countries located in West Africa, established with the goal of fostering cooperation and economic integration across the sub-region. Since its formation in 1975 through the Treaty of Lagos, ECOWAS has played a crucial role in promoting
Aims and Objectives Of ECOWAS | History, Organs, problems Read More »
A Bureau De Change is a financial institution or outlet that specializes in the exchange of foreign currencies. It provides a convenient way for individuals, tourists, and businesses to convert one currency into another. Bureau De Change plays a vital role in facilitating international trade, travel, and investment by offering accessible and quick currency exchange
Functions Of Bureau De Change | Overview Read More »
In this class I will be taken you on the Topic: Meaning and Types of Cheque in Economics OVERVIEW OF CHEQUE: Definition, features or characteristics of a cheque, advantages of payment by cheque, precautionary measures to be taken when drawing a cheque, parties to a cheque, types of cheque. Forms of cheque and reasons why
Types Of Cheque, Definition, Characteristics, Advantages Read More »
In this blog post we are going to be looking at The value of money: definition, measurement of value of money, factors determining the value of money and theory. Table Of Contents THE VALUE OF MONEY Definition: The value money is defined as the quantity of goods and services which a given amount of money
Measurement of Value of Money, Factors, Theory, Definition Read More »
Hello welcome to this class on DEMAND AND SUPPLY OF MONEY. At the end of this chapter you will learn. Definition of Demand for Money Demand for money is the total amount of money which all individuals in the economy wish, for various reasons, to hold. In other words, the demand for money refers to
Demand And Supply of Money | Definition, Reasons & Factors Read More »
At the end of this blog post you should be able to explain the meaning of economic development planning, differentiate between types of economic planning, explain the importance of economic planning in national development. READ ALSO – Branches of Economics, Advantages and Disadvantages Table Of Content Definition Of Economic Planning Economic planning may be defined
Economic Development Planning | Aims, Types, Problems Read More »
Hello welcome to this class on the topic: INFLATION: We would look at the Definition of inflation, Types and causes of inflation, effects and control of inflation in economics. Table Of Contents At the end of this article, you should be able to know the following: Definition of Inflation Inflation may be defined as a
Causes of Inflation | Meaning, Types, Effects and Control Read More »
