The Impact of Share Market Capitalization on a Company’s Performance: A case study in the Nigerian Confectionary Industry

This article focuses on the impact of companies’ shares on their performance, using one of the largest confectionary companies in Nigeria as a case study. In other words, the article analyses the correlation between the sales of shares and the growth of the company. While it adopts the Ordinary Least Square (OLS) analytical technique, using the company’s annual data for 20 years, it recommends that the confectionary company should implement policies that will encourage increase in their profit after tax, dividends and turnover as these variables have positive and statistically strong significance on the changes in the company’s performance and the value of its market capitalization

Consumerism: A Contradiction to the Marketing Concept the Nigerian Experience.

The marketing concept starts with a firm's target customers through the identification of the needs and wants of these esteemed customers. It goes ahead with a . coordinated set of products and programmes to serve their needs and wants. It finally derives profit by ensuring total customer satisfactions. The objectives of this paper include (i) To x-ray the ideals of the marketing concept and find out if Nigerians sellers have been following the ideals. (ii) To find out how this consumerism influence manufacturers, and seLlers especially food and drug products in Nigeria and (iii) to find out whether the activities of and regulatory agencies have had positive impact, or improvement on made in Nigeria products, especially food and drug products, amongst others. The paper employs two hypotheses and three research questions. The hypotheses were tested with the aid of chi-square test statistics, while logical answers were provided to the research questions. As regards findings of the paper, it is pathetic to note that the ideals of the marketing concept have been ignored by many manufacturers and sellers in their pursuit of profit. Nigerian case is no exception to the phenomenon being experienced world-wide. The paper draws logical conclusion, and offers useful policy recommendations, which if faithfully implemented would make many manufacturers live up to the ideals of the marketing concept, and to take the interest and satisfaction of consumers a priority

Addressing Non-health Effects of COVID-19 Pandemic and Development of Future Resilience in Nigeria: A Systemic Intervention

More often than not, policymakers seem to have a proper perspective about the world, where formulating the appropriate plans concerning policies aims to put the economy on the path to address identified socioeconomic shocks (Organisation for Economic Cooperation and Development [OECD], 2020). Presently, governments across countries are striving to curtail the impact of socioeconomic shocks occasioned by the global pandemic, called the coronavirus, otherwise known as the COVID-19 pandemic (Djalantea, Shaw, & DeWit, 2020). The emergence of the COVID-19 pandemic has created a series of adverse effects on man across different parts of the world (see Figure 7.1). This has resulted in major economic shock and imbalances both in developed and developing countries, which has also had obvious negative impacts on these nations’ economic growth and development (Barua, 2020). Among the broa

Socioeconomic shocks, inequality and food systems in the Global South: an introduction

Food and nutrition security is increasingly understood as the most vital component of human ecosystems for transforming raw materials into foods, nutrients, and health outcomes. In addition to the distortions in the global food and nutrition systems as reflected in the triple burden of undernutrition, micronutrient deficiency, and overnutrition, the COVID-19 pandemic has generated devastating socioeconomic crises in the Global South. Food supply chain fragilities have become more prominent due to inherent capacity shortages to mitigate the effects of the pandemic on food supply. From the global community’s perspective, scientific research innovations, disruptive technologies, and public health preparedness are some of the strategic pillars and critical drivers of post-pandemic socioeconomic recovery and resilience. As the COVID- 19 pandemic signals a scientific paradigm shift towards accelerating food systems and public health innovation, a key takeaway for governments in the Global South, along with enterprises and communities, is scaling the implementation of selected social protection policy interventions towards rapidly absorbing future socioeconomic shocks while consolidating alternative pathways for a region-wide sustainable food system

Household Conflict and COVID-19 Lockdown: Conceptual Reflection from Nigeria

This chapter explores the adverse effects of COVID-19 lockdown on Nigerian households and offers suggestions for tackling the household conflicts, which is relevant to the society, and its contributions towards the broad economic activities in Nigeria. It adopts a conceptual approach, relying on extant literature and other relevant materials. The research draws on these references to project a model of the critical effects of COVID-19 faced by Nigerian households during COVID-19 pandemic. The study highlights the fundamental issues responsible for conflict among households in Nigeria during the COVID-19 pandemic lockdown. Also, it unearths learning about the critical sources of household conflict; and explores the effects on households in Nigeria due to the lockdown. Weak enforcement of the provision of extant laws to curb domestic violence in Nigeria and inadequate punishments prescribed in the laws to discourage household conflicts. The chapter concludes with the need for a better legal framework that can regulate household conflicts. It, also, emphasises on increased government effort to intervene in household challenges, especially during an emergent issue such as COVID-19 pandemic. The study also suggested the need for a broad social services structure in Nigeria that can provide social security to households during an unexpected emerging situation such as COVID-19. The Violence Against Persons laws should be stringently enforced to discourage violence, to protect members of every household in Nigeria and to compensate the victims adequately for any loss or injury suffered due to violation of their rights

Research note: does crime deter UK tourists from visiting Trinidad and Tobago?

In this paper the deterrent effect of crime on tourism in Trinidad and Tobago is investigated using annual data for the period 1978- 2007 and focusing on the UK source market. The findings indicate that both property crime and violent crime have devastating longrun effects on the tourism sector. The authors also find that income, the price of tourism and transportation costs have significant impacts

Social protection and food security nexus in the Global South: empirical evidence from West Africa

Social protection helps in addressing the problem of extreme poverty and enhance food security, while building resilience against shocks. Globally, within the last two decades, social protection has helped in transferring about 150 million households out of extreme poverty and food insecurity. However, only about 45% of the world population is covered by at least one social assistance. This study empirically examines the effect of social protection on food security in the Global South, using West Africa as a case study. Data were sourced from the World Development Indicators and the Country Policy Institutional Assessment for the period 2005–2018. Data cover 15 West African countries that are members of the Economic Community of West African States. To resolve the possible issue of endogeneity, and reverse causality, the study applies the generalised method of moments (GMMs). Result showed that social protection is statistically significant and has a positive effect on food security in West Africa. This implies that a 1% increase in social protection coverage may increase the level of food security by 2.1%. Therefore, the study recommends that social protection intervention should be enhanced to mitigate the impact of socioeconomics shocks faced by the poor and the most vulnerable households