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Definition of a bank A bank is a financial institution licensed as a receiver of deposits. It is a commercial institution that performs financial activities. A bank is also an institution that creates money and give out loans to people. It is a place where money and other valuables are kept. Meaning of commercial banks […]
Classwork Exercise and Series (Economics- SS3): Commercial Banks Read More »
Students of Loyola Jesuit College Abuja, have emerged overall winner of the 2015 Junior Achievement Nigeria (JAN) Company of the Year (COY) competition. The students won the competition through a variety of hands-on activities, where they showed their dexterity by demonstrating a keen understanding of their roles in the global economy. For emerging national champion,
Students of Loyola Jesuit College to Represent Nigeria in Gabon Read More »
MacPherson Constitution, when compared with improved constitutions which came up after the it, one may likely conclude that some of the flaws or demerits of the constitution are: The constitution did not provide for a true political leadership either at the Centre or in the region, for example, there was no provision for the post of the prime
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MacPherson Constitution was introduced in 1951. Here are some of the advantages of the Constitution: A quasi-federalism was introduced in Nigeria The constitution introduced for the time a revenue allocation formulae in Nigeria based on the principle of derivation needs and national interest. The constitution reflects the minds and aspiration of the masses because of the wide rage of consultation before
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Government/ Public revenue Government revenue is money received by government. It is an important tool of the fiscal policy of the government and is the opposite factor of government spending. Government (or public) revenue may be defined as the total income accrues to all levels of administration (local, state and federal) or government from various
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Topic: Electoral Commission Electoral commission is a body responsible for organizing and conducting elections in a political system. It can also be seen as an independent and impartial body responsible for conducting and organizing all elections in a given country. It has the chairman as the head and other members of the commission. In Nigeria
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Definition of joint venture A joint venture is simply a venture undertaken jointly by two or more persons with a view to make profit. It differs from partnership in that it is of a more temporary character. Nowadays joint ventures are often concerned with one isolated transaction,such as buying up bankrupt stocks or engaging in
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Newton’s First Law of Motion – Idea of Inertia States that object continues in its states of rest or uniform motion in a straight line unless an external force acts on it. It is a common experience that a body at rest will remain at rest. For example, a book at rest on top of
Classwork Exercise and Series (Physics- SS1): Newton’s Laws Of Motion Read More »
Secondary school is a really important time in every student’s life. These years can determine the path of your future, as you choose which university to attend, and what career to pursue. In addition to impacting the student, this process also impacts the student’s family, and success usually lies in discussing the path to the
Want To Attend University? You MUST Ask These 4 Questions Read More »
We often ignore our bodies while studying for exams. It is indeed important to spend the maximum amount of time studying, but you should also understand that an unhealthy body will not permit your brain to function well. The following are what you really have to do. Eat well: It is important to eat nutritious
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