Download Tag: FINANCIAL LITERACY

CHAPTER ONE INTRODUCTION 1.1    BACKGROUND TO THE STUDY Financial literacy remains an interesting issue in both developed and developing economies, and has elicited much interest in the recent past with the rapid change in the finance landscape. OECD (2005), defines financial literacy as the combination of consumers’/investors’ understanding of financial products and concepts and their ability and confidence to appreciate financial risks and opportunities, to make informed choices, to know where ...

ABSTRACT Financial Literacy is the ability to make informed judgments and to make effective decisions regarding the use and management of money .The need for financial literacy cant be over emphasized in this our time even as the Central Bank of Nigeria seeks to enahance an efficient economy especially through the e- banking system and thus creating a cashless economy beginning form June 1 2012. Financial system plays a crucial role ...

ABSTRACT Financial Literacy is the ability to make informed judgments and to make effective decisions regarding the use and management of money .The need for financial literacy cant be over emphasized in this our time even as the Central Bank of Nigeria seeks to enahance an efficient economy especially through the e- banking system and thus creating a cashless economy beginning form June 1 2012. Financial system plays a crucial role ...

Abstract: Small scale businesses/enterprises play a vital role in developing as a well as developed countries, this is added to the ongoing reforms by the Central Bank of Nigeria for a sustainable financial literacy framework for small and medium scale enterprises (SMEs) in the country.The significance of this study therefore lies in the attempt to document the factor that is truly critical to the profitability of small scale enterprises but ...

CHAPTER ONE INTRODUCTION 1.1   Background to the study Like little drops of water that form a mighty ocean, the littleness of small scale businesses from the cradle has been the bedrock of industrialization in developing countries of the world. Globally, small scale enterprises have contributed enormously in improving the standard of living of the people by providing jobs to relieve the society of social embarrassment, stimulating indigenous entrepreneurship and utilizing scarce ...