INTRODUCTION 1.1 BACKGROUND OF THE STUDY Standard trust bank PLC commercial operations in August 1997 as a commercial bank with five business offices driven by a board of directors, a management team and staff focused on revolutionizing the Nigerian banking industry. Following the resolution of the board of directors at an extra-ordinary general meeting on 19th July 2002, the bank because a public limited company (PLC). From the humble beginning, they have been able to record modest ach...
INTRODUCTION The primary aim of establishing or going into business is to optimize profit and as well as to ensure continuity of that business concern. When one person (sole trader ) of group of person (partnership of companies limited by shares or guarantee) intends forming a business entity he will need both fixed and current assets to facilitate a smooth take off, these fixed and current assets will by funded from both long term liabilities and current liabilities (or capital) as the case ...
1.1BACKGROUND OF THE STUDY Man, Since the past ages, has been battling with procurements of a reasonable standard of living and the ways of managing his perpetual inadequate. The eventful development of organised Society had to the Institution of government. During the 15th Century, when mercantilism was the order of the, government had right to interfere with the economic process to protect the interest of the nation (as then seen mainly from the view point of international trade) “I...
ABSTRACT In the contemporary and ever dynamic business world, there has been an increasing shift in management concepts a shift in emphasis from production management to marketing management and now to management of resources at the firms disposal. Management now strive to achieve sound and stable financial standing by concentrating efforts on financial planning and control. The firm has to allocate its limited resources among alternative uses. If resources were unlimited, there would...
ABSTRACT The rationale for the creation of government corporations. (Public Sector/Government Parastatals) is presumably the desire to attain some broad developmental goals and a range of economic objectives. Over the past decades, the number and variety of public enterprises in developing countries have greatly expanded. But the overall performance of these enterprises has been rather very disappointing. The Federal Government has been pumping large amount of terms of capital investment in...
INTRODUCTION 1.1BACKGROUND OF THE STUDY As competition between businesses geared up, if becomes imperative to turn, attention to customers needs and wants which are naturally insatiable. The marketing concept arose to challenge all other previous concept. Orjih (1998) in his book “Seminar in Banking and finance.” Concluded that marketing concept holds the key to achieving organizational goals consists in determining the needs and wants of target markets and delivering the desired satisfac...
ABSTRACT The central bank of Nigerian (C.B.N) started full-scale operation on 1st July 1959, and since its inception like most of the central bank the world over, performs certain national and international functions one of which is the management of foreign debt. So this project examines the role of CBN in the management of foreign debt. A lot of problems engulfed the central bank of Nigeria which trying to carry out this function ranging from inadequate reserves to over increasing imports b...
INTRODUCTION I.IBACKGROUND OF THE STUDY Before the establishment of the Central Bank of Nigeria the West African Currency Board (WACB) which was established in 1912 had the responsibility for issuing legal tender currency. The WACB was set up to promote the financing of the export trade. It was the duty of WACB to issue West African currency. The exchange of existing currencies and the investment of reserves. The reserve were invested in Britain and this is in a way facilitated Nigeria’s in...
ABSTRACT This project was a through research into marketing of financial services by Nigerian banking industry in Nigeria. It is to investigate the performance of bank marketing, and what extent they have contributed to the Nigerian economy. Chapter one of this project deals with general introduction of what marketing of financial services is all about, objectives, significance and limitation of the study. Chapter two deals with the research used, two distinct types of data collection instrum...
INTRODUCTION 1.1BACKGROUND OF THE STUDY One important factor affecting the level of economic activities in any economy is change in supply. These changed affects directly the rate of spending by the citizen of the country. It is therefore, because of the economic importance of monetary that the monetary authorities has devoted time and resources towards money management with a view of reaping the benefits inherent therein. The credit guideline, which is my topic of study, has formed the a...
INTRODUCTION Since creation, there has been quest by man to improve on the quality of his life style and existence. This ever-increasing quest has been necessitated and propelled by the need to address the changes posed by the environment. Born out of this need, a number of inventions have been made in virtually to the field of disseminating information in accounting. The term paper is designed to examine various aspects of our lives and the society at large has been affected by the advert of...
ABSTRACT This research project is a very crucial study for Ohha community Bank in Ltd. The study was motivated by the necessary to establish marketing department in order to satisfy their customers in the most efficient and effective way. Ohha community bank was establish in 1997 and has been since entertaining their customers with services. Meanwhile, the aim of this research work is to find out whether the customers are satisfied with the manner in which services of the bank are rende...
ABSTRACT The prudential guidelines for licensed banks which are based on globa banking standards, imposed far-reaching requirements in the classification of risk assets and provision for bad and doubtful debts. Since its introduction in November 1990 the implementation of the guidelines has had a profound impact on the operations of banks. In this project, the researcher has succeeded in identifying the features of the prudential guidelines as well as its impact on published financial stateme...
ABSTRACT New products are developed in the Banking industry to meet the ever-growing needs of customers. In this research work, the research choose four of the products, measured the extend to which they have been able to satisfy the customers. The products selected are SMALL CARD, INTERNATIONAL MONEY TRANSFER, EDUCATIONAL SCHEME AND INTEGRATED BANKING NETWORK TRANSACTION. Data collected through questionnaire are presented in tabular form and percentages and pie chart are needed to analyze th...
ABSTRACT In this study, an attempt was to determine the acceptability or otherwise of locally manufactured cosmetics in Enugu Urban. In chapter one of this project is the introduction which contains the back of the study, here Nigeria based so much on foreign made cosmetics before locally made was encouraged. In chapter two, the literature review, I discussed the meaning and nature of cosmetics, the origin of the subject area, the school of thought with the subject area, the school of thought...