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. And assessing how effective such system could be in Nigeria.
Interview was conducted by the researchers to understand the profile of the case study Afribank plc and how the bank practices universal banking.
Both primary and secondary data was used to also carryout the research work.
TABLE OF CONTENT
TITLE PAGEII
CERTIFICATIONIII
DEDICATIONIV
ACKNOWLEDGEMENTV
ABSTRACTVII
TABLE OF CONTENTIX
CHAPTER ONE: INTRODUCTION
1.1Background of the study1
1.2Afribank plc profile and location3
1.3Universal banking as practiced by Afribank4
1.4Statement of the problem5
1.5Purpose of the study6
1.6Research question 7
1.7Significance of study 8
1.8Scope, limitation and delimitation9
1.9Definition of terms concept9
References.11
CHAPTER TWO: LITERATURE REVIEW
2.1 definition of universal banking13
2.2 history of banking in Nigeria15
2.3 universal banking in other lands17
2.4 before the introduction of universal banking in Nigeria19
2.5 origin of universal banking in Nigeria 19
2.6 universal banking concepts in Nigeria 23
2.7 arguments for and against universal banking.25
2.8 universal banking and supervision authorities28
2.9 the merits of universal banking30
REFERENCE32
CHAPTER THREE: RESEARCH METHOD AND DESIGN
3.1 Research method and design34
3.2 Source of data34
3.3 population35
3.4 sampling method36
3.5 method of analysis38
CHAPTER FOUR: DATA PRESENTATION AND METHODOLOGY
4.1 Testing questionnaires Analysis and methodology41
4.2 Hypothesis testing 46
REFERENCE.
CHAPTER FIVE: FINDINGS RECOMMENDATIONS AND CONCLUSION
5.1 findings 52
5.2Recommendations53
5.3Conclusion55
BIBLIOGRAPHY56
APPENDIX58