The practice of banking and financing in Nigeria is culturally rooted and dates back several centuries ago. In the 1940s, the traditional financial institutions provide access to credit for rural and urban low- income earners. They are mainly of the Informal Self Help Groups (SHGS) or Rotating Savings and Credit Associations (ROSCAs) types. The informal financial institutions generally have limited outreach due primarily to paucity of loanable funds. In order to enhance the flow of financial services to Nigerians, government has in the past, initiated a series of publicly financed micro credit programmes and policies targeted at productivity enhancement. Notable among such programmes were the Rural Banking Programme, Sectoral Allocation of Credits, the Agricultural credit Guarantee Scheme (ACGS) etc. Other institutional arrangement were the establishment of the Nigerian Agricultural and co-operative Bank limited (NACB), the National Directorate of Employment (NDE), the People Bank of Nigeria (PBN), the Community Banks (CBs) and the family Economic Advancement Programme (FEAP) all aimed at improving the economic growth of the nation.
ABSTRACT Banking is in the midst of change that has arisen due to economic depression. As government seek to improve economic efficiency and better allocation of resources to solve the problem of economic depression, policy makers are shifting towards openness, competitiveness and market discipline. In response to the developments, Deposit Money... Continue Reading
ABSTRACT This study examined the role of money deposit banks in financing agricultural project in Enugu Metropolis. It emphasizes the need to promote agricultural production to improve the standard of living and reduce the unguided population explosion which is in geometrical progression (G.P) while agricultural product was only growing in an... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The role of banks and other financial institutions in economic development has been richly articulated in the literature. Pioneer contribution of Schumpeter (1934) was of the view that financial institutions are necessary condition for economic... Continue Reading
PRUDENTIAL GUIDELINE AND THE PROFITABILITY OF DEPOSIT MONEY BANK IN NIGERIA (A Study of selected Banks in Nigeria-2008-2017) ABSTRACT This research project work concerns itself with the prudential guidelines and the effect on the profitability of Deposit Money Bank. The major objective is to examine the effect of prudential guideline on the... Continue Reading
ABSTRACT This research work was undertaken to assess the credit management and the incidence of Bad debts in Money-Deposit Banks.This work was intended to achieve the following objectives: to appraise and determine the lending procedure of banks, to highlight the extent to which improper project evaluation influence bad debt of Money-Deposit... Continue Reading
NATIONAL OPEN UNIVERSITY OF NIGERIA 14/16 AHMADU BELLO WAY, VICTORIA ISLAND, LAGOS SCHOOL OF MANAGEMENT SCIENCES PROJECT OUTLINE TITLE PAGE 0.5 CERTIFICATION 0.5 DECLARATION 0.5 ACKNOWLEDGEMENT 0.5 ABSTRACT 1.5 TABLE OF CONTENTS 0.5 LIST OF TABLES 0.5 LIST OF FIGURES 0.5 Total 5.0 CHAPTER ONE INTRODUCTION 1.1 Introduction 2.0 1.2 Background 2.0... Continue Reading
ABSTRACT The objective of the study is to examine empirically the impact of financial intermediation on the real sector of the Nigerian economy with the aim of determining the impact of financial intermediation on the real sector growth. Both theoretical and econometric analysis are used in this study to examine the impact of financial... Continue Reading
ABSTRACT Section 2 of the Bills of Exchange Act 1882 provides that “In this Act, unless the context otherwise requires ‘bankers’ includes a body of person, whether incorporated or not, who carry on the business of bankingâ€. Business of banking according to Hillsburgh’s law of England, ‘is the receipt of money... Continue Reading
(A CASE STUDY OF SELECTED COMMERCIAL BANKS) ABSTRACT This work “Evaluating the impact of Bank Distress on the profit growth of Deposit Money Banks. The causes of bank distress in Nigeria and the possible prevention strategies or failure resolution options of bank... Continue Reading