Preview

Impact of Information Technology on the Nigerian Banking Sector

Satisfactory Essays
Open Document
Open Document
4635 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Impact of Information Technology on the Nigerian Banking Sector
IMPACT OF INFORMATION TECHNOLOGY ON NIGERIAN BANKING SECTOR
(A CASE STUDY OF ZENITH BANK NIG. PLC)
MURTALA MOHD WAY KANO BRANCH

BY

ANWAR HASSAN
SPS/08/SMS/02856

IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF THE AWARD OF POST GRADUATE DIPLOMA IN BAYERO UNIVERSITY KANO.

July, 2010 CERTIFICATION PAGE
This is to certify that_________________________________
Name:- Anwar Hassan
Exam No:- SPS/08/SMS/02856

SUPERVISOR :- DR. MOHD LIMAN

SIGNATURE:- __________________________

DEDICATION
This project is dedicated to my entire family. ACKNOWLEDGMENT
The task of putting this project into shape calls for the support of many hands. Firstly I would like to thank the Almighty Allah for giving me the life, without which I would not exist.
My regards goes to my project supervisor Dr. Mohd Liman for his corrections and constructive critism on the best way to handle the project. My regards goes to my wife, Hajiya Rukayya Aliyu Umar B/Kudu for her role throughout this work.
My hand of facilitation should also be extended to all my lecturers in the department of business Administration. I also wish to express my gratitude and appreciation to all the staff of Zenith Bank Nig. Plc for their co-operation during work. My acknowledgement would be incomplete without mentioning my father’s/family role and guidance throughout my academic pursuit, Alh. Hassan Mohd Whom care and humility keeps me going all along.

ABSTRACT it is obvious that the advent of information technology offers banking firms a new frontier of opportunity and challenges, despite this possibilities, there are various psychological and behavioural issues such as trust, security of internet transactions, reluctance to change and preference for human interface which appear to impede the growth of internet banking. Consequently, the action taking by Nigerian banking sector in appropriately utilizing (IT) determine the success of the banks. Thus the study accesses the impact of (IT) in Zenith



References: 1. The status of information communication and technology in financial institution in Nigeria. Owojori, Anthony A. University of Ado-Ekiti, Nig. 25 August 2009. 2. Central Bank of Nig (2000), Banking Supervision Annual, Central Bank of Nigeria, P. 36. 3. Oyesanya Y(2004), Nigerian Internet 419 on the loose, the Nigerian Village Square, March 28 (www.Nigeriavillagesquare.com) 4. Information technology the story? the journal of economic perspectives, Vol. 14, No. 4, pp. 3 – 22 5. Ugwu L.O. Oyebisi T.O., Ilori M.O and Adagunodo E.R (2000) Organisational impact of (IT) on Banking and insurance sector in Nigerian TECHNOVATION VOL. 20, No. 12.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Binoy Study

    • 751 Words
    • 4 Pages

    * The Impact Of Information Technology On Banking Services (Case Study Of Zenith International Bank Plc)…

    • 751 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Information technology system is a really important sector for banks. There are several benefits can get from bank as follows. Not only can it speed up operation, but increase reliability in bank industry as well. Also, information technology can reduce the cost significantly from world wide networking. These days, if a bank doesn’t have a sound information system, it might be hard to compete in this aggressive market; which means an information technology system becomes a necessary element in banking industry.…

    • 4308 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    BRIEF HISTORY OF PEPSI

    • 18286 Words
    • 74 Pages

    First of all we would like to thank Allah Almighty who gave us the courage and strength to complete our work in time. Secondly we would like to thank our honorable teacher Mr. Waseem Farooqi who provides us the opportunity to work on this project and took out his time from his busy schedule whenever we needed guidance regarding this project and lastly is for our group members because this Project Comprises of team works and all the mutual co-operation. So to acknowledge ourselves is important because without cooperation we wouldn’t have been succeeded to complete this project.…

    • 18286 Words
    • 74 Pages
    Satisfactory Essays
  • Powerful Essays

    References: Agboola, A. A. (2006). Electronic Payment Systems and Tele-banking Services in Nigeria, Journal of Internet banking and Commerce, 11, 11-15.…

    • 2303 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    E-business has been continuously growing as a new industry during the last decade(Van Hoeck, 2001). The banking industry has been leading this trend in recent years,and now all banking transactions completing through internet applications is sometimes called e-banking. Some key issues addressed in the recent literature about the e-bankinginclude: customer acceptance and satisfaction, privacy concerns, profitability, operational risks, and competition from nonbanking institutions.E-banking has revolutionised the way business istransacted by globalising the business enterprise.…

    • 7997 Words
    • 32 Pages
    Powerful Essays
  • Better Essays

    To complete our project, first of all our team is very grateful to Almighty Allah for the hard work, dedication, team effort and patience we have put to finish our project work on time. The team would also like to thank our team members as all of them devoted their full support and cooperation and gave valuable time to the project work. Finally we are very grateful to our course instructor Syed Riaz Mahmood Ali who inspired and suggested us to do the project, and supported us in every possible way. The team is very thankful to him and it is our honor to have Syed Riaz Mahmood Ali as an instructor.…

    • 4923 Words
    • 14 Pages
    Better Essays
  • Powerful Essays

    Student/Research Assistant

    • 5917 Words
    • 24 Pages

    Information technology adoption and its usage are becoming an essential feature in today’s development most especially in the banking sector. The use of Internet banking allows for detailed assesses of customers account, make necessary enquiries and undertake banking transaction. The usage…

    • 5917 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    [6] Oveia J. (2001) Internet Banking: pursuit and Potentials in Developing Countries. Paper Delivered at a Workshop organized by ICAN at Lagos,…

    • 5849 Words
    • 27 Pages
    Powerful Essays
  • Powerful Essays

    Price Determination

    • 6958 Words
    • 28 Pages

    This is to certify that this research work was carried out by OTTAH SAMUEL O. with matric number 2010042000097 in partial fulfillment of the requirement for the award National Diploma (ND) in Business Administration and Management, Ogun State Institute of Technology Igbesa, Ogun State.…

    • 6958 Words
    • 28 Pages
    Powerful Essays
  • Powerful Essays

    for Financial and Economic Management (WAIFEM), Lagos, Nigeria. Olayiwola, K. (2001). “Economic Reform Programme and Private Sector Development in Nigeria”, Development Policy Centre Research Report No. 35,Ibadan, Nigeria. Otiti, A. O. G. (2007). “Essays on Recent Issues in the Nigerian Financial System”, CIBN Press Ltd., Tarton,Yaba,Lagos.P.96.…

    • 5284 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    The banking industry in Nigeria has witnessed a very rough and turbulent ride since its British colonial masters introduced banking to the country. For a very long time in the history of Nigeria, the industry was plagued with bad loans, inadequate capital, liquidity problems, low staff morale, lack of skilled and technical expertise, little or no infrastructure, fraud, distressed and failed banks, no corporate governance culture, lack of sound management and political instability.…

    • 7122 Words
    • 29 Pages
    Good Essays
  • Powerful Essays

    References: 1. Ige, O (1995). “Information Technology in a De-regulated Telecommunications Environment”, Keynote address, INFOTECH 95. First International Conference on Information Technology Management, Lagos, November…

    • 6006 Words
    • 25 Pages
    Powerful Essays
  • Satisfactory Essays

    Banking Project

    • 391 Words
    • 2 Pages

    Firstly, I am very grateful to Almighty Allah and Prophet muhammed (S.A.W) the most compassionate and the merciful who give me all the wisdom and understanding and for his comfortable guidance and full protection during the time of conduction or writing this project, it would be an offence against nature if I should forget to thank my project supervisor Mr Istifanus j.J who guidance, patience and dedication made it possible for me to write a comprehensive project of this kind. My profound gratitude goes to my project coordinator Mal Umar Hassan and my head of department (HOD) Mr Areggae Zakka.…

    • 391 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Work Satisfaction

    • 5023 Words
    • 21 Pages

    Professor Ben E. Akpoyomare Oghojafor Department of Business Administration University of Lagos, Lagos State, Nigeria Olufemi Olabode Olayemi (Corresponding author) Department of Business Administration University of Lagos, Lagos State, Nigeria Tel: +234-1-802-370-5627 E-mail: femolayemi1@yahoo.com…

    • 5023 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Impact of Corpora

    • 4481 Words
    • 18 Pages

    et al (2002), “Strategic Portfolio Synergy”, Nigeria Business and Social Reviews, Vol.1, No.1, RSUST Port Harcourt. •…

    • 4481 Words
    • 18 Pages
    Powerful Essays

Related Topics