Importance Of The Banking Industry In Nigeria Essays and Term Papers

  • Banking Industry in Nigeria

    THE BANKING INDUSTRY AND THE NIGERIAN ECONOMY POST-CONSOLIDATION By B. B. EBONG GROUP MANAGING DIRECTOR/CHIEF EXECUTIVE UNION BANK OF NIGERIA PLC ABSTRACT Against the backdrop of the role of banks as financial intermediaries and their function as the engine of growth of the economy, this paper examines...

    5013 Words | 17 Pages

  • Bank Recapitalisation and Its Effect in the Nigeria Banking Industry

    INTRODUCTION Banking reforms have been an on going phenomenon around the world right from the 1980s, but it is more intensified in recent time because of the impact of globalisation which is precipitated by continuous integration of the world market and economies. Banking reforms involve several...

    5992 Words | 22 Pages

  • Effect of Monetary Policy in Banking Industry in Nigeria

    METHODOLOGY 3.1 AREA OF STUDY The area of study o this research work is to determine the effect of monetary policy on the performance of banks in Nigeria. This study will cover all the commercial banks that have been in existence since 1975-2004. More so, the aggregates rate is used in assessing their...

    1068 Words | 4 Pages

  • Fraud and Fraudulent Practices in Nigeria Banking Industry

    Practices in Nigeria Banking Industry (Pp. 240-256) Owolabi, S. A. - Accounting Department, Babcock University, Nigeria E-mail: emilagab05@yahoo.com Abstract The paper reviews the various forms of fraudulent practice their impact and inducement for various reforms in banking industry. It also mentions...

    6002 Words | 21 Pages

  • Problems, Solutions and Prospects for the Development and Progress of the Banking Industry in Nigeria

    ACCOUNTING AUDIT MANAGEMENT ACCT 707 USENI YUSUF ONWUDE MBF/ADMIN/0483/2009-2010 [pic][pic]INTRODUCTION SOLUDO.C (2004: 4) The Nigerian banking system has undergone remarkable changes over the years, in terms of the number of institutions, ownership structure, as well as depth...

    1199 Words | 5 Pages

  • Retention Strategies in Post Consolidation Banking Industry in Nigeria (a Case Study of First Bank Nigeria Plc)

    CHAPTER ONE Introduction The Nigerian banking industry is one of the most dynamic and competitive industries in the Country. The banking industry has transformed rapidly in the last ten years, shifting from transactional and customer service-oriented to an increasingly aggressive environment in which...

    1350 Words | 5 Pages

  • Banking Reform in Nigeria

    BRIEF HISTORY OF NIGERIAN BANKING A formal legal structure to banking in Nigeria is a relatively recent invention. Prior to 1952 there was no legislation governing the banking system in Nigeria. The British Bank of West Africa (BBWA) started operating in Nigeria by the year 1892. After the BBWA, Barclays...

    3093 Words | 8 Pages

  • Electronic Banking in Nigeria

    Acceptability and Payment Problems in Nigeria 1.1 Introduction The world has witnessed an upsurge of electronic payment instruments meant to facilitate trade and simplify payments. (Abor, 2004) Before the introduction of electronic payment into the Nigerian banking system, all customers had to walk into...

    4967 Words | 15 Pages

  • Collapse of the Universal Banking in Nigeria

    THE COLLAPSE OF UNIVERSAL BANKING SYSTEM IN NIGERIA: AN ASSESSMENT OF THE INTRODUCTION OF SPECIALZED BANKING AND HOLDING COMPANY SYSTEM. BY AIMINHIEFE OSAGIE BENEDICT Osazemogie@yahoo.co.uk, 08055819143 BEING AN M.Sc. (ACCOUNTING AND FINANCE) SEMINAR PAPER, DEPARTMENT OF ACCOUNTING, ...

    10252 Words | 29 Pages

  • Micro Finance Banking in Nigeria

    1(5): 106-111 DOI: 10.5923/j.ijfa.20120105.04 Microfinance Banking in Nigeria: Problems and Prospects Acha Ikechukwu A. Department of Banking and Finance, University of Uyo, AkwaIbom State, Nigeria Abstract Since the advent of microfinance banking in Bangladesh in the mid 1970’s, several countries have...

    4560 Words | 14 Pages

  • Challenges of Microfinance Banking in Nigeria

    CHALLENGES OF MICROFINANCE BANKING IN NIGERIA-1 Nigerians, like many other Africans are generally known as their brother’s keepers in view of the extended family system. But when truly analyzed, there is a possibility that this may not be so? Perhaps a hypothetical deep may reveal that not up to 10%...

    1597 Words | 5 Pages

  • Electronic Banking System in Nigeria

    Trust Bank Plc over more than two decades has distinguished itself as a leading institution and a major contributor to the economic advancement in Nigeria. Guaranty Trust Bank Plc with its headquarter at Victoria Island, Lagos as at December 2011 had an operating income of N141.729 billion, net income...

    2953 Words | 9 Pages

  • Banking Industry

    Banking Industry The Banking Industry was once a simple and reliable business that took deposits from investors at a lower interest rate and loaned it out to borrowers at a higher rate. However deregulation and technology led to a revolution in the Banking Industry that saw it transformed. Banks have...

    1337 Words | 5 Pages

  • Banking Industry

    The global banking industry is expected to exceed $143 trillion in 2014 for a 58% increase in five years, according to research from MarketLine. Bank credit represents the leading market segment, with around 60% of the overall market in terms of value. The EU is the largest regional market, with over...

    691 Words | 3 Pages

  • importance of computer on nigeria education

    PARENTS TEACHERS PROGRESSIVE FORUM (PTPF) A MEMORNDON ON: THE IMPORTANCE OF COMPUTER AND COMPUTER EDUCATION. “First we thought the PC was a calculator. Then we found out how to turn numbers into letters with ASCII (Americas standard code for information interchange) — and we thought it was a typewriter...

    673 Words | 2 Pages

  • Electronic Banking in Nigeria: Problems and Prospectsks in Nigeria

    Managing Challenges in Banking Industry By: Dr. Sudhindra Bhat MBA, MFM, ACS, M.Phil, PGDS&MM, PGDIR&PM, PhD** Management Faculty, Consultant and Corporate Trainer Acharya Institute of Management and Sciences 1st Cross, 1st stage, Peenya industrial Area, Bangalore-560 058 E-mail: bhatt1978@yahoo...

    1339 Words | 4 Pages

  • Banking Industry

    investment and insurance products, which they were once prohibited from selling. As a variety of models for cooperation and integration among finance industries have emerged, some of the traditional distinctions between banks, insurance companies, and securities firms have diminished. Even though all these...

    3515 Words | 11 Pages

  • Interest-Free Banking and Islamic Banking in Nigeria

    Interest-free Banking and Islamic Banking in Nigeria By: Salim Salihu Muhammed Nigeria’s quest for a virile banking reform had led to the adoption of several policies and strategies that would truly give the nation’s economy an edge towards growth and sustainability. No doubt, the bail outs of “failed...

    1504 Words | 4 Pages

  • Trends Affecting Banking Sectors in Nigeria

    INTRODUCTION The financial system of a country, which the banking industry is part, refers to the totality of the regulatory and participating institutions as well as instruments involved in the process of financial intermediation. An efficient financial system is widely accepted...

    5791 Words | 42 Pages

  • Importance of Marketing For Investment Banking

    applicable only to industries that provide tangible goods, such as iPads or pharmaceutical drugs, are nevertheless relevant to a service-based industry like investment banking. First, I will define marketing strategy and briefly describe its various elements. Next, I will define investment banking and give a...

    3714 Words | 11 Pages