INTRODUCTION 1.1BACKGROUND OF THE STUDY The Nigerian economy has undergone structural changes in the past three decades from a predominantly agricultural economy in the 1960s to an economy mainly valient on oil from the mid 1970s The growth in oil earnings was not fully internalized into the economic system. The result was that the consumption production pattern became largely import oriented inability to emergence of trade arrears. A growing department burden also surface in the early 19...
1.1BACKGROUND OF THE STUDY There had been administrative control on the nation’s interest rates until July 31, 1987 when, in consonance with the spirit of the structural Adjustment programme (SAP) of the Federal Government the Central Bank of Nigeria issued a circular on interest rates bordering on the deregulation of this financial sector of the economy. As a signal to the direction, the Central Bank wanted the interest rate to go, the minimum Re-discount Rate (MRR) was raised from 11...
ABSTRACT Universal banking has been of controversial issue among partitions and regulation of financial sub-sector of Nigeria economy. However most of these decisions have been flamed by lack of common understanding of what universal banking is and what its implication night wellbeing. The research attempt to redress that situation by presenting, a well accepted understanding of the system. Secondly discussing its applicability or lack there of to Nigeria commercial services and industry. A...
INTRODUCTION 1.1BACKGROUND OF THE STUDY Broadly speaking, there are two kinds of chance revolutionary or discontinuous change which is gradually and common (suble) yet dynamic. It is this latter form of change that is advocated for the development of Nigerian securities market vis-avis the capital market as a means of sourcing funds for the public sector. Right from the day Nigeria returned their independence till date, the country has been searching for economic change and development that w...
ABSTRACT This research project is a very crucial study on the Role of Nigeria Agricultural Co-operative and rural Development Bank. The study is motivated by the necessity to establish the extent of Agricultural Co-operatives. To solve the research problem primary and secondary data was collected. The data were questionnaire and oral interview. The respondents comprised of personnel of the bank in organizing and presenting data collected, tables’ frequencies and percentages were used...
ABSTRACT This research work was aimed at list for creating ideas on how to amend financial problems of Nigerian Bread Industry. Using freedom bakery Enugu-examined the commitment of the bakery service and better advice in the appropriate of the quality of financial service to be used so as to increase the financial sector of the freedom backery industry. -Other objectives are to determine how this financial service quality helps to generate patronage for the bakery. -To determine how reliable...
INTRODUCTION The establishment of the community banking system in December 1990 is an attempt to resolve the perennial problem of unavailability of credit facilities to the rural producers. In the past eight years, the 1014, community bank that are operational in the country show that the economy has a special place for them, the community are unique because of their community ownership and special clients. The community banking system has been tested and it has shown resilience as a result...
INTRODUCTION BACKGROUND OF THE STUDY. To reduce the liquidation and bankruptcy of our financial institutions, for debts management in our financial institutions. Financial institutions are committed to providing financial services and intermediation to the various segments of the economy. As a part of the services rendered, they are intermediaries between surplus economic units and deficit economic units. In a modern day society, economic prosperity and progress depend largely on the lev...
ABSTRACT This study is the role of computer in promoting efficiency in Nigeria commercial Banks with practical interest, was carried out with the following objectives. (1)To ascertain if computer has a significant influence on the time spent by customers in their banking transactions. (2)To find out if the computer has any effect in promoting efficiency in Nigeria commercial Bank Plc Enugu. In order to achieve above objective, questionnaires were prepared and administered to publication compr...
ABSTRACT The community banking scheme has been in operation since December 1990, and has to a large extent achieved its objectives as a vehicle for poverty alleviation at the grassroots’ level. With about 1000 unit community banks and hundreds of thousands of customers, the banking habit has reasonably increased in the rural areas. The poor farmers, cattle rears, fisher men and artisans who might not have collateral but are hardworking could get loans from their community banks for producti...
ABSTRACT Financial ratios provide managers with insights into the existing strengths and weakness and equally disclose warning indicators of impending failures. Mangers primary objective now is to plan against the flows and improve for the future prospect of the enterprises. There are many aids to intelligent analysis of statement but financial ratio is an important analytical procedure at the mangers disposal in the bid for planning financial ratios are wildly used as a basis for predi...
ABSTRACT The objective of this study was to explore the possible banking inspection as an aid to effective bank management with particular reference to UBA Plc Enugu. To guide this research, the following eight research questions were formulated as thus What are the control measures against the bad debt in the bank being achieved? To what extent are the workers being assured of jobs? What are the control measures against the bad debt in the bank being achieved? To what extent are human and no...
1.1INTRODUCTIONThe role of banking sector in a develop economy such as ours can not be over emphasized. Banking sector forms the life wire of economic growth of any nation. According to recent publication by an international magazine banking sector contributed about 55% of the total economic development of Nigeria. Also the development of small and medium scale enterprise cannot be ruled out in this huge success curtained by the banking indicatory. TABLE OF CONTENT CHAPTER...
ABSTRACT The research work was carried out in a bid to examine the role of computers in the detection and prevention of frauds in the Nigerian commercial banking industries. 1.The aim of the study was to know whether computer are more effective and efficient and efficient in the detection of frauds. 2.The study also identified how fraud can be prevented from reoccurring since the use computers would be widely employed . 3.More over this of work was done in five chapter with chapter on...
1.1 Introduction The author very conscious of the fact that responsibility for food lending rise with the banks and government and in the writing of this problem obtaining a banking loan by small scale industries from Nigeria banks which is intended to y-ray the difficulties encountered by bank customer in obtaining loan. I hope that have been able to alert the banks and government of this ugly situations which hampers general economic. The content has been segmented into chapter and each...