THE ROLE OF NON-BANKING FINANCIAL INSTITUTIONS IN NIGERIA

1.0INTRODUCTION:

Nigerian financial institution are regarded as the part of financial industries that deals with exploitation, exploration and sourcing funds, investment and sharing of funds to individuals. However, the Nigerian financial system can be said to consist of the following subsystems:

1.The banking system

2.The non-banking financial institution

3.The regulatory financial institution

4.The traditional financial institution.

In practice, the growth of most of these financial institution has become that of “Survival of the fittest” due to the lukewarm attitude of the Nigerian citizens in exposing their business interest to organizations incorporated under this system.

This is very bad for the economy considering the role non-banking financial institutions (NBFIS) play in supporting and sustaining the welfare of the small scale business and thrifty motivation given to low any high incomers in our present economy still developing.

TABLE OF CONTENTS

Title page

Approval page

Dedication

Acknowledgement

Table of content

CHAPTER ONE

1.0Introduction

1.1Purpose of study

1.2Significance of the study

1.3Limitation of study

1.4Definition of terms

CHAPTER TWO:

2.0Non-banking financial institutions (NBFIS)

2.1Difference between banks and non-banking financial institutions

2.2Similarities in the services rendered by banks and non-banking financial institutions.

2.3Types of non banking financial institutions

CHAPTER THREE

3.0Summary, Conclusion and Recommendation

3.1Discussion of findings

3.2Conclusion

3.3Recommendation

Bibliography

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APA

Ugwu, A. (2018). THE ROLE OF NON-BANKING FINANCIAL INSTITUTIONS IN NIGERIA. Afribary. Retrieved from https://afribary.com/works/the-role-of-non-banking-financial-institutions-in-nigeria-3438

MLA 8th

Ugwu, Anderson "THE ROLE OF NON-BANKING FINANCIAL INSTITUTIONS IN NIGERIA" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/the-role-of-non-banking-financial-institutions-in-nigeria-3438. Accessed 10 Jun. 2025.

MLA7

Ugwu, Anderson . "THE ROLE OF NON-BANKING FINANCIAL INSTITUTIONS IN NIGERIA". Afribary, Afribary, 29 Jan. 2018. Web. 10 Jun. 2025. < https://afribary.com/works/the-role-of-non-banking-financial-institutions-in-nigeria-3438 >.

Chicago

Ugwu, Anderson . "THE ROLE OF NON-BANKING FINANCIAL INSTITUTIONS IN NIGERIA" Afribary (2018). Accessed June 10, 2025. https://afribary.com/works/the-role-of-non-banking-financial-institutions-in-nigeria-3438

THE ROLE OF NON-BANKING FINANCIAL INSTITUTIONS IN NIGERIA

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