Tag: Impact
Takeover: meaning, types, impact and more
What is a takeover? A takeover is a process by which one company acquires another. Takeovers principally take place through the purchase of company’s stock, assets, or other securities of the company. The acquiring company becomes the new owner of the acquired company and assumes operational control. Takeovers can be initiated by the acquiring company …
Energy sector: meaning, impact, history and more
What is the energy sector? The energy sector is a category of companies that encompasses the production, distribution, and consumption of various forms of energy, including fossil fuels, nuclear power, and renewable sources such as solar and wind power. The sector is a crucial part of our modern world. The energy sector has a significant …
Bureau of Public Enterprise: Functions, impact, history, and more
What is the Bureau of Public Enterprises (BPE)? The Bureau of Public Enterprises (BPE) is a Nigerian government agency responsible for the privatization and commercialization of state-owned enterprises. Established in 1999, the BPE has undergone several reforms and has played a significant role in the country’s economic development. This article provides an overview of the …
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Islamic Finance’s Impact on Conventional Nigerian Corporate Practice
For almost a decade, there has been a global increase in demand for Islamic financing techniques in transactions. According to some, the Middle Eastern wealth boom and entrepreneurs’ desire to obtain financing from investors in these regions are both related to the influence of sharia-compliant financing practices. In this work, the guiding principles of Islamic …
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