Download Tag: PROBLEMS OF MONEY TRANSMISSION


PROBLEMS OF MONEY TRANSMISSION IN NIGERIAN BANKS

CHAPTER ONE INTRODUCTION The banking decree of 1969 in defining the banking business incorporated all the functions of the institutions.  However, in terms of what services banks offer to the public, three stand out distinctly deposit and payment mechanism, finance and credit and money creation. The role the banks play by facilitating payments for goods and services without the need to hold hand to hand currency cannot be overemphasized.  By ...

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