BANKING THE UNBANKED A PERCEIVED RECIPES FOR POVERTY ERADICATION PROGRAM: INDUCTION OF A NEW ISLAMIC MICROFINANCE MODEL IN NIGERIA

This study focuses on efforts to enhance financial inclusion program through the educational orientation development in the Nigerian Islamic finance industry. A Closed User Group (CUG) consisting of Muslims across Nigeria financial educational induction program formed the study sample. The formation of the CUG sought to establish an Islamic compliant financing model that would be effective at the grassroots level in the wake of the failure of microfinance programs to deliver the much needed poverty eradication. To this end, we developed a questionnaire and conducted a financial management induction and education workshop over a period of three days. On the third day, participants were given a questionnaire, from which the results showed that proper education and adjustment to the current available model of microfinance would bring about poverty eradication and that in terms of educational traits building of staff within a typical Islamic financial institution. Future research should look into transformation of personality vices affecting financial institutions as a whole.

Closed User Group Automotive Communication Network Based on Addressing at Physical Layer

Intelligent Vehicle communication is the keyword for the emerging vehicular technologies such as group cooperative driving, real time Engine Operating parameters (EOP) monitoring, collision warning, geo location based mobility applications, and classical voice and data conveyance. The technologies require extensive interaction between the peers which mostly use the framework of the state of the art cellular or radio trunking networks. This may vitiate the network performance due to the surge in mobility management messages originated by the devices plugged in the vehicles. The performance may be severely impacted due to the unique characteristics of vehicular networks e.g., high mobility. Due to the high proliferation of these Machine to Machine (M2M) and Machine to Application (M2A) devices in near future, the cell sizes will shrink, resulting in more signalling messages in the network. Considering classical voice communication services for typical car fleet implementations, the radio trunking networks have capacity constrains due to inability of frequency reuse and absence of mobility management techniques. The alternative is to seek out an access technology considering the fact that a more intelligent physical layer can be employed directly for addressing and mobility management. In this paper the authors address a Closed User Group network implementation for Vehicle to Vehicle/central office communication which can actuate voice and data communication without incorporating any application layer.