A Critical Appraisal of Non-Cash Transaction Policy of Central Bank of Nigeria

Anonymous User 111 PAGES (0 WORDS) Project
Subscribe to access this work and thousands more
ABSTRACT
The non-cash transaction (Cashless) policy of the Central Bank of Nigeria (CBN) was designed to provide mobile payment services, break down the traditional barriers hindering financial inclusion of millions of Nigerians and bring low-cost, secure and convenient financial services to urban, semi-urban and rural areas across the country. It has, however, become an albatross to some elites, the poor, uneducated and traders. The non-cash transaction policy of the Central Bank of Nigeria and the business prospects it offers for the electronic payment industry  have drawn the attention of foreign investors to electronic payment firms in the country. Meanwhile, the  Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System (NIBSS) have commenced plans to set up a structure to settle complaints arising from transactions through electronic payment channels, especially Point of Sale Terminals (PoS). Vanguard investigation revealed that banks have commenced massive deployment of PoS, while merchants now demand for PoS terminals in their shops.


TABLE OF CONTENTS
APPROVAL PAGE 
DEDICATION 
ACKNOWLEDGEMENT 
CHAPTER ONE 
1.1 BACKGROUND OF THE STUDY 
1.2  STATEMENT OF PROBLEMS 
1.3 OBJECTIVES OF THE STUDY 
1.4 RESEARCH QUESTION 
1.5 SIGNIFICANCE OF THE STUDY 
1.6 SCOPE OF STUDY 
1.7 LIMITATION OF STUDY 

CHAPTER TWO 
LITERATURE REVIEW 
2.1 INTRODUCTION 
ECONOMY OF NIGERIA 
2.2 ECONOMIC REFORMS AND NON-CASH TRANSACTION POLICY 
THE IMPLICATION OF THESE REFORMS ON NON-CASH TRANSACTION POLICY 
2.3 EVOLUTION OF THE NON-CASH POLICY FRAMEWORK IN NIGERIA 
2.4  INDIRECT CASHLESS CONTROL, 1993 TO DATE. 
OBJECTIVES AND OPERATIONAL FRAMEWORK 
INSTRUMENTS OF NON-CASH POLICY UNDER THE REGIME 
2.5 PERFORMANCE ASSESSMENT OF THE CURRENT NON-CASH POLICY FRAMEWORK: 
2.6 CONSTRAINTS ON CASHLESS POLICY MANAGEMENT IN NIGERIA: THE TRANSMISSION MECHANISM 
2.7 THE EFFECT OF DEREGULATION TO NIGERIA ECONOMY. 
2.8 MPC MANDATE 

CHAPTER THREE 
3.0 RESEARCH DESIGN AND METHODOLOGY 
3.1 AREA OF STUDY 
3.2 SAMPLE AND SAMPLING TECHNIQUES 
3.3 INSTRUMENTS OF DATA COLLECTION 
3.4  METHOD OF DATA COLLECTION 
3.5 METHOD OF DATA ANALYSIS 
3.6 THE CONDUCT OF CASHLESS POLICY 
INTRODUCTION OF THE CASHLESS POLICY RATE (MPR)

CHAPTER FOUR 
DATA PRESENTATION, INTERPRETATION AND ANALYSIS 
4.1 DATA PRESENTATION 
4.2 DATA ANALYSIS 

CHAPTER FIVE 
SUMMARY, RECOMMENDATION AND CONCLUSION 
5.1 SUMMARY OF FINDING 
5.2 RECOMMENDATION 
5.3 CONCLUSION 
APPENDIX 
QUESTIONNAIRE 
REFERENCES 

Subscribe to access this work and thousands more
Overall Rating

0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

Anonymous, U (2018). A Critical Appraisal of Non-Cash Transaction Policy of Central Bank of Nigeria. Afribary.com: Retrieved December 05, 2020, from https://afribary.com/works/a-critical-appraisal-of-non-cash-transaction-policy-of-central-bank-of-nigeria

MLA 8th

User, Anonymous. "A Critical Appraisal of Non-Cash Transaction Policy of Central Bank of Nigeria" Afribary.com. Afribary.com, 03 Feb. 2018, https://afribary.com/works/a-critical-appraisal-of-non-cash-transaction-policy-of-central-bank-of-nigeria . Accessed 05 Dec. 2020.

MLA7

User, Anonymous. "A Critical Appraisal of Non-Cash Transaction Policy of Central Bank of Nigeria". Afribary.com, Afribary.com, 03 Feb. 2018. Web. 05 Dec. 2020. < https://afribary.com/works/a-critical-appraisal-of-non-cash-transaction-policy-of-central-bank-of-nigeria >.

Chicago

User, Anonymous. "A Critical Appraisal of Non-Cash Transaction Policy of Central Bank of Nigeria" Afribary.com (2018). Accessed December 05, 2020. https://afribary.com/works/a-critical-appraisal-of-non-cash-transaction-policy-of-central-bank-of-nigeria