Download Tag: BANKING INDUSTRY

ABSTRACT This   study  is  aimed   at  analyzing   the   problems   of  foreign   exchange management with a view to evaluating the belief of the public that the Central Bank of Nigeria was to blame for the foreign exchange problems and to examine if indeed there were other factors responsible for the frequent instability in the external value of the domestic currency - the Naira. Thus the focus on the  Apex bank - ...

ABSTRACT           This study examines the nature and impact of globalization or the Nigerian banking industry.           It is important to note that globalization and its major propellant such as information technology have profound opportunities and implication for developing nations, apart from the growing international integration of markets for goods services and capital, it has become a major measuring rod of the new economic order with technological innovation sewing as ...

Abstract This study was on monetary policy in Nigeria banking industry. Three objectives were raised which included: to ascertain the impact of monetary affect the banking industry, to ascertain the impact of monetary on Nigeria economy and to identify the channel through which monetary policy influences the performance of banking sector in Nigeria. A total of 77 responses were received and validated from the enrolled participants where all respondents were ...

Abstract This study was on the impact of compensation on employees' performance in the Nigerian banking industry. Four objectives of the study are: To examine the relationship between workers‟ wellbeing at work and their productivity, to establish the relationship between compensation structure and productivity, to investigate the relationship between promotion and productivity and to investigate the relationship between incentives, reward and performance of organization. A total of 77 responses were ...

Abstract This study is on the role of computers in fraud detection and prevention in the Nigerian banking industry. The total population for the study is 200 staff of CBN, Abuja. The researcher used questionnaires as the instrument for the data collection. Descriptive Survey research design was adopted for this study. A total of 133 respondents made human resource management, accountants, customer care officers and junior staff were used for ...

Chapter one Introduction 1.1Background of the study The existence of an effective banking sector is necessary for every economy because it creates the necessary environment of economic growth and development through its role in intermediating funds from surplus sector to deficit sector of the economic units. Banking sectors are financial intermediaries whose activities are for collection of savings and lending, thus standing in between the ultimate lender and the borrower ...

ABSTRACT This research work was conducted to examine Treasury management strategies and challenges in the Nigeria. Banking industry, identifying the various types of bank treasury products, their challenges and the strategies applied by difference banks in marketing their new and existing treasury products. The study analyses the treasury management responsibilities assumed by financial departments and develops a model to confirm those responsibilities. The study has also developed an explanatory model ...

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND OF THE STUDY Banking Industry has to be good at developing new products. It must also manage them in the face of changing tastes, technologies, Interest rates, exchange rate and competitions. Every product seems to go through a life cycle. It must go through several phases, and eventually die as new products that better serve consumer needs came along. The product life cycle presents ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE ESSAY Customer Satisfaction is perception of customer about a company and in relation to whether his or her expectation is met or not (Praline, 2017). Over the years a feeling of discontentment among customers and users of bank services developed gradually with regard to irregular rendering of banks statement delay in clearing and crediting changes lodged, failure to receive prior guidance and endless queues ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY In any Business entity, whether profit or non-profit making, has sets of objectives. It mobilizes resources from various sources to achieve the set goal at the end of the period. This is necessary to determine how well these resources have been utilized. Where there is separation of ownership from management, the owners will want to know how judiciously these resources have been ...

ABSTRACT The crisis that has rocked the Global economy in the past few year has been nothing but of great interest to governments, experts and scholars in different fields of study worldwide. Several phrases have been used to describe the situation. Indeed names like; Economic Depression, Global Meltdown, Economic Downturn, Economic Recession, and Economic Crunch and so on are no strangers in both the local and international prints and electronic ...

CHAPTER ONE INTRODUCTION BACKGROUND OF STUDY The first wave of agricultural revolution and the second wave of industrial revolution developments in world all over, and now being superceded by a third socio-economic wave, even though the industrial revolution is still in progress in most part of the third world countries. This new socio-economic shift termed “third wave is the arrival of computer revolution”. This means that humanity faces a quantum ...

CHAPTER ONE INTRODUCTION 1.1   OVERVIEW Credit Administration and management in any financial market is one basic function of banks that accounts for her large share of income. That banking   operation  in Nigeria and the world over  still come alive  today is a function of how effective this key role of banks is being  played. B.C.  Okocha (2010) “The level of performance of service and   realization of objective for which  the ...

CHAPTER ONE 1.1  INTRODUCTION BACKGROUND OF THE STUDY The development of banking in Nigeria can be traced to 1891, in that year, a company known as the African Banking Corporation opened a branch office in Lagos. Incidentally, it happened that the bank was a South African organization. By January 1892, ABC acquired a License to import and distribute coins from Britain to Nigeria. In 1984, the ownership of the bank ...

CHAPTER ONE INTRODUCTION 1.1       BACKGROUND OF THE STUDY The banking sector in any economy serves as a catalyst for growth and development. Banks are able to perform this role through their crucial functions of financial intermediation, provision of an efficient payments system and facilitating the implementation of monetary policies. It is not surprising therefore, that government the world over attempt to evolve an efficient banking system, not only for the ...

CHAPTER ONE INTRODUCTION The banking industry is yet in its formative stage in Nigeria.  No country whether developed  or developing an afford to over look the directions its banking institution live in their development especial when we consider the unique position of the industry in the pace and direction of economic growth of the nature.  There arise a need therefore of state emphatically that the soundness of the individual bark in economy is ...

CHAPTER ONE INTRODUCTION Information technology sophistication is probably the most significant event in the last century. The information age has virtually succeeded in turning the whole world, into a global village, the banking industry is not an exception in Nigeria. The industry has experienced one of the most drastic improvements and sophistications in the use of hi‑tech. As we all know, banks and financial institutions are the backbone of the ...

CHAPTER ONE 1.0   INTRODUCTION 1.1   BACKGROUND OF THE STUDY It is interesting to note that “Audit” originated from the Latin word “Audire” which means “To Hear” because in ancient time, the owner of a business used to hear a report made by the Auditor about the book keeping and financial records of hours business. This was because the primitive ways of keeping financial records which inducted making marks on ward, keeping ...

INTRODUCTION 1.1 BACKGROUND OF THE STUDY Today’s modern technology brought into use the computer, this technology is the application of science to gathering, recording, processing and communicating of business information by means of electronic media. Most commonest tool for application is the computer and it involves all the transaction processing system management information system various business support system etc. The computer is a central force in the advancement of various ...

ABSTRACT This project was carried out with the sole aim of studying an evaluating the internal control system in a banking industry- using first Bank of Nigeria PLC, Enugu main as a case study. The project is written in five chapters: chapter one is the introduction which include the background of the study etc. chapter two enumerated literature Review, where the earlier views on internal controls were reviewed to avoid ...