EFFECT OF COMPUTERIZATION ON EFFICIENT BANKING SERVICES IN NIGERIA
ABSTRACT
This research project work was undertaken with a purpose of determining and evaluation of the effect of computerizing banking service and its efficiency on the banking services in Nigeria. The effect of computerizing the banking services on the behavioural aspect of management information system are Aggression Avoidance and projection on the other hand, other operational pressures are maintaining the system; personal problems in the book-keeping department, maintaining book-keeping machines. Expanding volume of operation; need to accommodate the increasing volume, need to maintain or reduce cost. Unsatisfactory output; errors in terms of reports and statement delays in work processing. Needs or system change. The study has a library research and empirical study. Additional information were collected from journals bullions textbooks and newspapers etc. It was been clear to me from what I found out that computerizing banking services plays a very big positive effect on Nigeria Banking Services. It provide better information for commercial loan management improves the speed limit & accuracy of services to customers, and also provides necessary data input for advanced financial information systems.
CHAPTER ONE
Introduction
1.1 Background Of Study
The need for information is great and necessary in banking sector because of the nature of their business quick and accurate decision must be taken, like in the money market foreign exchange etc. Banks must react quickly to change the interest rate and volatile variable in their operation where as in the production industries, mistakes can be rectified and losses been minimized.
Millions of naira may be irretrievably lost in the banking industries as a result of wrong decision based on increase information, computer is employed prominently by Nigeria banks at all the three management operations, management control and strategies. Leading is the most important activity of banks.
The need for change as for effective use of computer lending office arose as a result of banks experiencing growing competition from officers lenders, funds available are thereby increase move costly time and savings with the result that the average cost of funds will be relatively higher, loans are becoming move complex and also great concern for the profitability of customer’s total bank relationship rather than profit derived from the use of specific service. The transformation process could be seen as the management process which has to be effective to ensure the feasibility of working on the set inputs to produce not only the service, but also to come up with reasonable profit for the shareholder and the public at large.
1.2 Statement of Problem
The computer has for many years been used for financial planning in Nigeria banks. Information is required to complete every step involved in planning either objective definition and target decision, forecasting, calculating planning gaps definition constraints and means. Through the use of computer leads to effective use of information’s, like problem awareness, support problem analysis and selection of alternative, influence the choice of most appropriate options, permit a feedback on the implementation plan which can be used for drawing up the budget for constituting investment portfolio and bank balance sheet management.
In area of organizational control In banks, the computer has been found useful, especially in terms of quick signal which bring about fast awareness of problems.
Generally, computer system makes it possible to centralize authority and control in the banking services.
1.3 Objective of Study
To examine the extent to which computerization of banks has affected or contributed to the banking service in Nigeria. To make recommendation on how to improve the efficiency of banks in Nigeria by using computerized banking operations. To determine the effect of computerized banking towards future development in the banking industry with an eye in the direction of improving its competitive position.
To correct unsatisfactory output i.e. Errors in deports and statement delay in processing work and need for system change.
1.4 Significance of Study
It is hoped that this study will help to ascertain the extent to which computerization the extent to which computerization of banking service, it effect on the efficiency of banking service in Nigeria. These is particularly important for making bank policies which effect computerization of banking service in Nigeria and its effect, in which to achieve their arm and objectives.
It is important to note that this study will help to identify the drawback and also solve the Nigeria errors in supplying rightful information concerning banking service.
It can also be useful to the monetary authority because, it suggest the monetary & fiscal policy.
1.5 Definition of Terms
E.F.T:
Which means electronic fund transfer is used to link together all branches of the banks within the state/country through the use of computer, A.T.M:- Automated teller machine are computerized equipment, which in addition to dispensing cash, allows the customer the opportunity of paying cash after normal hours.
Credit Cards:
Provides the means of obtaining goods and services, but pays on a future date.
M.I.C.R:
This improves the cheque through clearing system by eliminating errors due to wrong setting.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
Effect of Computerization on Efficient Banking Services in Nigeria can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Effect of Computerization on Efficient Banking Services in Nigeria" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Effect of Computerization on Efficient Banking Services in Nigeria" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Can the material for “The Effects of Capital Formulation on Economic Growth in Nigeria (1980-2010)” be used as a guide for Economics Project?
Yes it can be used — The study examines the effects of capital formation on Nigerian economic growth in Nigeria for the period of 32 year ranging from 1980 to 2010. Annual figures were collated for gross domestic product, gross fixed capital money supply, inflation and government deficit for the years under study. The figures were analyzed using ordinary least square (OLS). A model was built with Gross Domestic product (GDP) as dependent variable while gross fixed capital money supply, inflation and government deficit were the independent variables. From the findings, we discovered that gross fixed capital and government deficit contributed significant and positive to GDP while money supply and inflation have not had significant impact on GDP in Nigeria. …
Can the material for “Role of Financial Management a Corporate Organisation” be used as a guide for Banking and Finance (BF) Project?
Yes it can be used — This project is poised to x= raying the degree of “the role of financial management in a corporate organization”. The main aim of every business is profit maximization. Care must therefore be taken to ensure that available finance for a business is well managed. This role is left in the hands of financial manager. In conducting the research on this topic, the researcher wishes to visit the Enugu office of the NICON insurance corporation NICON PLC and administer questionnaire to the Zonal Director and other top ranked workers in the corporation in a bid to collect proper information. It is purely on oral interview, after which critical analysis of data follows. Regrettably certain factors will tend to limit research for this information. …
Can the material for “An Evaluative Study of Manpower Training and Development in the Public Service” be used as a guide for Industrial Relations and Personnel Management (IRPM) Project?
Yes it can be used — This research examined Manpower Training and Development in the Public Service with special reference to Administrative Staff College of Nigeria (ASCON). The research adopted survey research design. Data were gathered through primary source with the aid of a well-structured questionnaire. Simple random sampling technique was adopted in the selection of sample, this was used to eliminate biasness in the selection process of the respondents. Data garnered were presented on table using percentage and the formulated hypotheses were analysed with the used of Chi-square statistical method. The result of the analysis shows that lack of team work among staff and management of the Health Ministry it the major cause of conflict, it was also found that conflict management is necessary to improve …
Is the topic “Deregulation of the Downstream Oil Sector in Nigeria as a Panacea to Economic Recovery of the Country” recommended for Public Administration (PA) Project?
Yes it is highly recommended — This study examined the deregulation of the downstream oil sector in Nigeria as a panacea to economic recovery of the country (An Analysis of 2010-2015 Economic Programme of Nigeria). In this study the researcher has find out some of the problems that are facing the deregulation of the downstream oil sector in Nigeria, these problems are continuous increase in petroleum price, scarcity of petroleum product . all these are the major problems that are facing the deregulation of the downstream oil sector which government have to help solving this problems by making fuel available and controlling the price. Also the researcher has find out some of the objective which will also help in the deregulation of the downstream oil sector …
Can the material for “Macrophyte Distribution in Relation to Water Quality Parameters” be used as a guide for Biology Project?
Yes it can be used — The study was carried out to examine the relationship between macrophyte distribution and water quality parameters. Macrophyte Distribution in Relation to Water Quality Parameters in roadside ponds was studied in a seasonal wetland at Mkpat EninLocal Government Area of Akwa Ibom State. Systematic sampling method was used in sampling the vegetation using a quadrant of 5mx5m space at regular intervals. The vegetation parameters such as density and frequency were determined. Water sample was also collected at different point in the pond and their physiochemical characteristic were analysed. Ten (10) flora species belonging to 10 families were recorded. Cryptosperma senegalense was the species with the highest richness with density value of (9500±150.63st/ha) and this followed by Nymphea lotus (6000±138.36st/ha). The least density …
Can the material for “Human Relations and the Office Manager’s Performance in Selected Firms in Port Harcourt” be used as a guide for Office Technology and Management (OTM) Project?
Yes it can be used — The Office Manager’s work is based on human relations to a very large extent. Human relations involve the activities and relationship resulting from the interaction of two or more people in an organization, human relations concern the reason for the degree of motivation they posses, by definition, the secretaries occupies an important position in an office. Recent research have shown that the position of a Office Manager and human relations in an organization, and the fact that most secretaries failed to exhibit good human relations between their colleagues and the general public, the researchers shall address the study to the following problems. Some office managers do not have good cordial relationship with their customers and their employers, and some of …
Can the material for “Design and Implementation of an Automatic CV Generator” be used as a guide for Computer Science (CS) Project?
Yes it can be used — Curriculum Vitae (CV) contain information which is written by the academic to signal their qualifications and academic achievements to employers, granting agencies, or promotion and tenure committees. The aim of the study is to design and implement a computerized curriculum vitae (CV) Generator. In achieving this aim, the following objectives were laid out to develop a system that will generate trending curriculum vitae (CV) for job applicant, and design a system that will provide accurate information about job applicant bio-data. The challenges encountered that led to the execution of the research work is that, Applicants were required to search through print and visual media for opportunities, most times this jobs were limited to the applicant’s location. Application were submitted using …
Can this topic “Impact of Public Policy and Its Execution At the Grass Root” be used for Public Administration (PA) Project?
Yes it can be utilized for research — This research project tends to examine the Impact of Public Policy and Its Execution at the Grass Root (A Study of Napep in Badary Local Government) Survey design was employed with the use of a well structured questionnaire. Respondents were selected based on simple random sampling technique. Sample size of seventy one (71) respondents were selected. Three hypotheses were formulated and tested with the use of Chi-Square analysis. The analysis resulted to rejecting all null hypotheses and hence accepting the three alternate hypotheses. Based on decisions of the tested hypotheses conclusions were reached that; there is a significant relationship between public policy formulation and execution at the grass-root; the various challenges public policy formulation is facing have effect on policy …
Can the material for “Trade Conflict and Organizational Success” be used as a guide for Business Administration and Management (BAM) Project?
Yes it can be used — Effect of trade conflict on organization success is intended to investigate the productivity in time of conflict and what the implication is on organization success. A population of three hundred was considered for the study and questionnaire were administered to one hundred and fifty five of managerial and non-managerial staff. The questionnaire were referred and analyzed using chi-square and sample percentage method also finding shown that conflict in organization has adverse effect on its survival on the basis of this; it was recommended that expert should be met to educate management on handling on organization conflict. …
Can the material for “Plans and Procedure for Assembling a Desktop Computer System” be used as a guide for Computer Engineering Project?
Yes it can be used — This study focuses more on Plans and Procedures for Assembling a Computer Desktop System and how computer system could be coupled and maintained effectively and efficiently without any fault during assembling of the system. Throughout this project we shall focus on each and every component needed for assembling and also there functions. The main reason why people go for assembling of system instead of buying a new system is to allow them to have good and satisfactory quality of what they want. Buying a new computer system might not solve the problem of some people but coupling it themselves ease their wounds when it comes to satisfaction. The main important of coupling a computer system is to have access to …