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CHAPTER ONE 1.1 INTRODUCTION In recent years, loan recovery problems have been of the main problems that the Nigerian commercial banks has had to face. Those problems have been main target of policy measures all these years, though at a…
CHAPTER ONE INTRODUCTION Banks are the most regulated of all business in Nigeria. This is because of the nature of banking itself and its centrality to the effective functioning of the economic system. The importance and centrality of the banking…
CHAPTER ONE INTRODUCTION I.I BACKGROUND OF THE STUDY Before the establishment of the Central Bank of Nigeria the West African Currency Board (WACB) which was established in 1912 had the responsibility for issuing legal tender currency. The WACB was set…
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY This project work has a basis on the identification of the roles of community banking system in the promotion of rural development in Nigeria. At present, there are numerous community banks spread throughout…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In recent times, many Nigerians are living witnesses to the spate of failures, fraud and distress in the banking industry. On the other hand, it is not far from the truth to…
THE RIGHT AND RESPONSIBILITIES OF A BANK TO THEIR CUSTOMERS CHAPTER ONE INTRODUCTION BACKGROUND TO THE STUDY Banking operation in Nigeria has gone through very dramatic changes within this decade. The bank has grown beyond optimistic expectations. Over the period,…
CHAPTER ONE INTRODUCTION 1.1 PROBLEM IDENTIFICATION. A number of monetary and Economic policy measures have been included in the Nigerian Economic since the 1980’s not only to achieve macro-economic stability but also to enhance foreign trade financing. But unfortunately, these…
CHAPTER ONE INTRODUCTIN 1.1 BACKGROUND OF THE STUDY The importance of the banking section in any economy is derived from its roles of financial intermediation provision of an efficient payment system and facilitating the implantation of monetary policies. In intermediation,…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY This topic titled the product development in Nigeria commercial bank. Today commercial bank and banks in general are faced with a lot of competition and problem in the banking sector/ market so…
CHAPTER ONE 1.0 INTRODUCTION As part of the reform measures taken to strengthen the supervisory all over the banking sector, the Nigeria deposit insurance corporation (NDIC) was established in 1985 by decree No 22 in order to promote public confidence in…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF STUDY Fraudulent act in the banking industry” is of a special concern to the monetary control and supervisory authority who are charged with the safety of individual banks and the soundness of the banking…
CHAPTER ONE 1.1 STATEMENT TO PROBLEM The bank is structure to accommodate every community member including indulging, organization and non-indigenes. A community bank is a self sustaining financial institution owned and managed by the community or group of people (age grades)…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Banking business started as far back as the seventeenth century. When the receipts issued by Goldsmiths to depositors were used as a means of exchange in commercial transaction. Because these receipts were…
CHAPTER ONE INTRODUCTION 1.1 BACK GROUND OF THE STUDY Financial assets we all know the necessary prerequisites for nay meaningful economic development of any nation. This is so because the entire would economy today revolves round business while business revolves…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The history of the banking in Nigeria dates back to pre-independent period, then the establishment of banks was motivated by the urge on the part of government to inculcate banking culture in the…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY First bank of Nigeria plc commenced banking in Nigeria 1894, after its corporation as a limited liability company in London 31st March of the same year. The bank name was change to First…
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Banks economic purpose is to act as financial intermediary. It facilitates the process of channeling savings into investment and one of the avenues of realizing this objective is by lending effectively. Lending is…
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The history of modern co-operative society in Nigeria dates back to 1933 when the government of Nigeria arranged for an inspection to be carried out by M.C.F Strickland a co-operating expert, who for…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The budget is a financial statement made by the government, which spells out estimated government revenue and proposed expenditure for the coming financial year. A budget consist of a package of proposal regarding…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The federal government of Nigeria creates the local government, which is the third tier of government. The purpose of its creation is for grass root development. The local government is a growing organization…