INTRODUCTION 1.1Background of the study In recent times, many Nigerians are living witnesses to the spate of failures, fraud and distress in the banking industry. On the other hand, it is not far from the truth to staff that some banks in the country have been able to forge ahead and keep their head above waters inspite of the economic predicament planging the nation. Studies have shown that the success ad failures of most modern business organisation (especially in Nigeria) hinges on the a...
INTRODUCTION It is already stated that money is a common demonstration in which the rate, relation value of good and services can be expressed. Throughout history any community which form itself unto a nation for the purpose of self government immediately introduces its own distinction out of account- monetary out of account (legal Tender) In the works of Endel (2000:277) “ In the international real no legal tender exist : values must be measure, accounts kept and payments made by conve...
ABSTRACT This paper is on the role of banks in the development of entrepreneurship. It is aimed at dealing with the problems encountered by entrepreneurs in acquiring loans for their business, and also the role banks play in the development of entrepreneurship in Nigeria. It seeks to look at the problems of getting the loans and also that of the banks contributions to the average Nigerian small-scale enterprises. A detailed research methodological approach, which involved, the review of ...
ABSTRACT This project work is on the impact of information technology in the banking industry. And all States Trust Bank will be chosen as a case study. In doing this, both primary and secondary data were collected to solve the research problem. The population of the study comprises of the personal of all state trust bank and the customers that patronize their services. The research instrument used for data collection were questionnaire and oral interviews. Tables, frequencies and perce...
INTRODUCTION 1.1BACKGROUND OF STUDY A country wealth development and advancement by its level of industrialization, a country becomes famous among other countries of the world when it has been able to attain to a remarkable degree in industrialization. In view of the above we have deemed it necessary to embark on a research project on “Banks participation in industrial development of Nigeria. This is an attempt and effort to draw the mind of every Nigeria to ask himself certain silent quest...
ABSTRACT Based on the presentation and analysis of data on the topic CRITICAL ANALYSIS OF CAUSES AND PROBLEMS OF FINANCIAL DISTRESS IN NIGERIA BANKING SECTOR” the following are the major findings. Inefficient management has contributed significantly to the financial distress in Nigeria banking sector. This was approved statistically with the chi-square test techniques. It was also discovered that fraudulent practices are a big causes of financial distress in Nigeria banking sector. Base...
ABSTRACT This study was aimed to explore the possible inspection and examination as an aid to effective bank management with particular reference to UBA PLC Enugu. The study is significance on system of inspection in Banks which is intended not only to ensure that the mighty and suitable procedure are maintained, but also to safe guard the company against problem of financial loss the to fraud or errors. With the identification of the problems of the system, an attempt...
ABSTRACT This work is designed to find out the financial problems and prospects of privatization in Nigeria, a case study of Nigeria Breweries Plc. The work therefore covers the background, significance and objectives of the study in chapter one. Which chapter two views issues dating to literature and tried to highlights it’s concepts and inceptions of privatization in Nigeria. Chapter three shows the research design and methodology and pointed out the area of the study, the population, det...
ABSTRACT This research work, the developmental impact of rural banking in Nigeria, a case study of United Bank of Africa (UBA) was carried out to measure to what extent the rural commercial banks have been able to involve the inhabitant of our rural areas in economic activities in terms of awareness and influence on their style of living through banking activities and how successful the bank are measuring up with their major aim of existence. Chapter one, is an introductory aspect of the st...
1.1 INTRODUCTION: Over the last couple of decades, the Nigeria financial system has grown remarkably. From the almost crude of it was characterized with in pre –colonial and colonial days. It has become so sophisticated toady that economic experts can proudly thumb their chests. With due regards to the ownership structure of the institution, the regulatory flame work, the instruments employed, and the number of established institution, Nigeria can be said to posses the most sophisticated fi...
INTRODUCTION A financial institution is an organize body concern with the management of money. This to say that the institution is responsible for the lending and borrowing of money. In other word, it is the institution involved in financial intermediation where money is mobilized and is channeled from the public settings. Those who have surplus fund want to invest in productive activity. Some of this institution in Nigeria is the commercial bank, stock exchange market, merchant bank, CBN, in...
1.1 INTRODUCTION Monetary polices in Nigeria and the United Kingdom, the central bank of Nigeria and the bank of England act as advisers to the government over monetary polices. The authorities take the final decision on the matters. In Germany, the contrast in the case because the German central, the bunds bank of Germany has a constitutional independency in setting the monetary polices. The central bank of Nigeria lender the federal ministry of finance (FMF), we have the central bank of Ni...
INTRODUCTION The successive development plan in Nigeria has laid on the attainment of self-reliance. The need for this national objective is because much is expected form individual from the viewpoint of providing employment opportunity; self-reliance is the basic for food and material production of the industrial raw materials. But Nigeria small-scale industry continues to decline despite the so-called priority giving to this sector. However, the discoveries of the central bank must reserve ...
INTRODUCTION Bank have been credited generally with enviable role of being a very important source of funds or capital for the development of the economy. This recognition largely emanates from the roles assumed by most banking institute in mobilizing various deposits and channeling some towards feasible and viable ventures. This size tyre and level of such profitable outlet along with other complimentary factors contribute to economy well being of the country in which the bank is situated. A...
ABSTRACT A research into the spiral growth of banks in Nigeria: manpower problems and solutions, cannot be over emphasized. In pursuance of this investigation the researcher formulated four research objectives, utilized library and sample survey techniques. Data were gathered through primary and secondary sources and were then analyzed using tabular and textual modes of data presentation. The major finding of the research was the institutional arrangements available to the banking ind...