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THE IMPACT OF ELECTRONIC PAYMENTS SYSTEM ON NIGERIA NATIONAL DEVELOPMENT

CHAPTER ONE INTRODUCTION 1.1 BACKGROUNG TO STUDY Payment systems have passed through a lot of ages. Prior to the 700bc, shells often were used in trade and barter and also cowries were introduced in Asia Minor. In Nigeria and other African countries, differently objects were used for payments. The objects were in form of cowries, coral beads, ivory, ornaments and bangles; and were used for payments. The early European traders ...

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THE IMPACT OF ELECTRONIC PAYMENTS SYSTEM ON NIGERIA NATIONAL DEVELOPMENT

CHAPTER ONE INTRODUCTION 1.1 BACKGROUNG OF STUDY Payment systems have passed through a lot of ages. Prior to the 700bc, shells often were used in trade and barter and also cowries were introduced in Asia Minor. In Nigeria and other African countries, differently objects were used for payments. The objects were in form of cowries, coral beads, ivory, ornaments and bangles; and were used for payments. The early European traders ...

Read more