Deregulation of Foreign Exchange Market and its Effect on Industrial Produce in Nigeria

The problem of the effect of high regulation in the foreign exchange market which in advertently have a determining factor on the performance of business organizations is an issue of concern most especially in industries in Nigeria. Data on variables which are relevant to this study like industrial produce, exchange rate, and inflation rate, labour force per time, capital stock and political regulations/ instability were gathered from secondary source like the Central Bank of Nigeria statistical bulletin. The data were analyzed using the ordinary least square econometric technique and the result showed that while both labour and capital are positively significant in explaining industrial produce, inflation was negatively significant in explaining it. This paper thus recommended amongst others that the educational sector should be prioritized by the government in order to have a strong labour force, and also long term funds should be provided for the growth of the manufacturing sector

Handbook of Research on 5G Networks and Advancements in Computing, Electronics, and Electrical Engineering

The advent of the emerging fifth generation (5G) networks has changed the paradigm of how computing, electronics, and electrical (CEE) systems are interconnected. CEE devices and systems, with the help of the 5G technology, can now be seamlessly linked in a way that is rapidly turning the globe into a digital world. Smart cities and internet of things have come to stay but not without some challenges, which must be discussed. The Handbook of Research on 5G Networks and Advancements in Computing, Electronics, and Electrical Engineering focuses on current technological innovations as the world rapidly heads towards becoming a global smart city. It covers important topics such as power systems, electrical engineering, mobile communications, network, security, and more. This book examines vast types of technologies and their roles in society with a focus on how each works, the impacts it has, and the future for developing a global smart city. This book is ideal for both industrial and academic researchers, scientists, engineers, educators, practitioners, developers, policymakers, scholars, and students interested in 5G technology and the future of engineering, computing, and technology in human society

IMPACT OF CORPORATE GOVERNANCE ON THE PROFITABILITY OF THE NIGERIAN BANKING SECTOR

Corporate governance has, in recent times, raised a great deal of concern due, largely, to massive corporate failures in the domestic and global arena. Governments have in response to rising cases of financial distress taken both pro-active and reactive measures to achieve stability in the sector. However, notwithstanding government interventionist roles, stability of banking operations remains suspect. This study seeks to empirically determine the effect of corporate governance on the profitability of banking sector in Nigeria.Return on equity (ROE) and return on assets (ROA) were adopted as proxies for banking sector profitability while capital adequacy ratio (CAR), liquidity ratio (LQR) and ratio of non-performing loans to total loans (NPL) were adopted as proxies for corporate governance. Inflation rate was introduced as a control variable. Empirical evidence from the study shows significant impact of corporate governance on the profit performance of the Nigerian banking sector. We recommend that the regulatory authorities (CBN, NDIC and SEC) should diligently exercise their oversight functions to ensure strict compliance, by the banking sector,to extant regulations on corporate governance so as to consolidate, or possibly, improve on the gains of the initiative

The Incidence and Pattern of Puerperal Pyrexia Amongst Post-Natal Women in Benin City, Nigeria

Based on the fact that statistically, Nigeria contributes significantly to all recorded cases of preventable maternal morbidity and mortality, this study was designed to evaluate the incidence pattern of puerperal illness amongpostnatal women. It was carried out at the post-natal ward of the University of Benin Teaching Hospital, Benin City, Nigeria, over a period of 6 months (March to August, 2011). A total of 135 patients with illness secondary todelivery, and who gave an informed consent, were recruited for the study. Their demographic details as well as clinical histories were documented. They were also examined for malaria parasite and urogenital infections using standard laboratory procedures. The results showed that the  incidence of puerperal pyrexia was 64.44% and common among patients between the ages of 18–25 years (33 out of 41), low educational status (12 out of 12) and low socioeconomic status (5 out of 6). Although puerperal pyrexia is preventable, the incidence level remains a public health concern if the global Millennium Development Goals (MDG) of reducing maternal mortality by 75% is to be achieved by 2015.Keywords: Puerperal pyrexia, Postnatal, Maternal morbidity and mortality, Millennium Development Goal

Potentials of Watermelon (Citrullus lanatus: (Thunb.) Matsum, & Nakai) Extract as an Appetite Stimulant and Antioxidant in the Giant African Land Snail (Archachatina marginata: Swainson, 1821)

The growth and development of Archachatina marginata are relatively slow but expected to improve given the most preferred feed materials, and appetite stimulants are provided at optimal periods. This study aims to assess Citrullus lanatus extract's potential as an appetite stimulant and an antioxidant in A. marginata. Growth parameters such as specific growth rate (SGR) were used as indices for measuring A. marginata growth. Morphometric parameters were taken, and biochemical markers such as total superoxide dismutase (SOD) activity, Catalase (CAT), was determined. A total of 30 juvenile A. marginata (124.18 ± 35 g) was procured for the study, carried out over four weeks, with a week of prior acclimatization. Five (5) experimental treatments, comprising six (6) A. marginata each, were gavaged with diets containing various concentrations of C. lanatus extracts. Results indicated that C. lanatus extract improved growth in snails with a significant regression of SGR (F (2,12) = 0.06, p = 0.03, R2 = 0.3495), and SCI (F(2,12) = 0.007, p = 0.048, R2 = 0.4984) recorded on extract concentration. Biochemical markers activity showed downward trends relative to increasing C. lanatus extract concentration. This indicates that C. lanatus extract reduced antioxidant activity and consequently oxidative stress in A. marginata and that it is possibly capable of augmenting feeding and subsequent growth in A. marginata. Hence, the incorporation of C. lanatus extract of concentrations ≥ 0.338 ml/g into snail feed to improve snail growth and productivity is therefore recommended

Impacts of Aflatoxin B1 on cultivated Palaemonid shrimps

The study investigated oxidative stress induced by Aflatoxin B1 (AFB1) in selected palaemonid shrimps. The shrimps were fed with Aflatoxin B1 of 0, 2, 5, 10, 20, and 40 μg/kg in mixtures of shrimp feed. The impact s of the concentrations on the growth rate of the shrimps and the induced Oxidative stress were assessed. Growth rate was estimated using standard growth rate, mean weight gain, feed conversion rate and survival rate; while oxidative stress was estimated using levels of Superoxide dismutase (SOD). Generally, AFB 1 of 40 μg/kg bw highly impacted the growth of all species, followed by 20 μg/kg bw. i.e. the shrimps in the treatment elicited significantly reduced standard growth rate and mean weight gain. Elevated concentrations of SOD detected in all shrimp species at AFB1 concentration of 20 μg/kg bw, particularly 40 μg/kg bw further supported the toxicity observations in the treatments. According to the profile of antioxidant activities and growth analysis, the trend of resilience to AFB 1 was: Macrobrachium vollenhovenii >Macrobrachium macrobrachion >Macrobrachium dux >Macrobrachium fellicinium > Palaemon maculatus > Nematopalaemon hastatus. This implies that M. vollenhovenii followed by M. macrobrachium have higher success potentials in small and middle scale shrimp farms vulnerable to aflatoxin exposure. Palaemonid shrimp farm feeds should be regularly screened to ensure the concentration of AFB1 does not exceed 10 μg/kg bw

Financial Systems Theory: Banker-Customer Relationship and Nigerian Deposit Money Banks’ Performance: An Empirical Investigation

In today’s competitive banking environment, quality service is critical to individual Deposit Money Banks’ success. Delivering high quality service is closely linked to profit, cost, savings, and increasing market share. The major aim of this research is to examine the relationship that exists between Deposit Money Banks and their customers based on the challenges the banks are facing while giving quality service delivery. A sample size of 328 staffs of four selected banks was determined using the Yamane formula. The result showed that there is a positive and significant link between Deposit Money Banks’ performance and bank-customer relationship. This study therefore recommends among others that Deposit Money Banks should put more efforts in rendering good services to their customers

The role of Mobile Phone Penetration on Foreign Direct Investment Inflow: Evidence of Sub-Saharan Africa

This study assesses the enhancing effect of mobile phone penetration on Foreign Direct Investment (FDI) for a panel dataset of all the 48 Sub-Saharan African countries, which is extracted from World Bank database between 2000-2018. This study adopts three distinct regression techniques such as Ordinary Least Square (OLS), Fixed Effect Regression (FE) and Generalized Moment of Method (GMM). Ordinary Least Square and Fixed Effect Regression tends to be biased and inconsistent. The results are defined as follows: (i) the coefficient estimates of the mobile phone penetration on FDI are positive and statistically significant; (ii) the net effect of mobile penetration remains positive on the FDI. The paper recommends that considering the low investment in the technology infrastructure and resultant benefits of the infrastructure in Sub-Saharan Africa, the governments in the region should make substantial investment in the localized technology, which in turn will encourage the foreign direct investment inflows into the region