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The Contribution of Financial Institution in the Development of Nigeria Economy

THE CONTRIBUTION OF FINANCIAL INSTITUTION IN THE DEVELOPMENT OF NIGERIA ECONOMY


ABSTRACT

Contribution of financial institution is not just for more development, but also grow the economy of Nigeria. This is because the commercial bank attitude to the public is quiet

However, this study is aimed at identifying the contribution of financial institution in Nigerian economy, also to decimate its problem and prospects in Nigeria economy.

This study also focused attention to extent the commercials banks has adopted the use of capital asset and knowing the effect and efficiently.

Moreover, it focus is also direct to general operation of financial institution in Nigeria particularly, commercial banks.


CHAPTER ONE


Introduction

1.1 Statement Of The Problems

The research is geared towards findings out the roles played by commercial banks in enhancing the economic development of Nigerian through agriculture and commerce.

I will like to find out on how the commercial banks help in the development of Nigeria economy.

  1. To know conditions involved in getting credit facilities to enhance economic development.
  2. To know how the commercial banks contributed to the growth of entrepreneurship development in Nigeria.
  3. To know if the banks grant enough credit facilities to the enhancement of economic development.
  4. To know how far the commercial bank have attracted foreign investment into Nigeria.
  5. To also know how the commercial banks increase in industrial productivity in Nigeria.

1.2 Rationale Of The Study

The aim behind the establishment of the commercial banks was to promote and foster rapid economic development by financial industries and commerce. Against this background therefore, this particular study tired to find out whether these commercial banks live up to the expectation for which they wee established.


1.3 Significance Of The Study

The idea of setting up the commercial banks in Nigerian was that hey would in no small way speed up the economy growth and development of the nation.

This study is very important because having examined the various roles performed by these commercial banks it will enable any developing nation hoping to establish financial institution to make clear-out decision in their drive to speed up economic growth and development.


1.4 Definition Of Terms

Investment:

The money that people or organization have put in a company or business to make a business activity successful with a view to make profit.

Financial Institution:

Refer to banks and non banking institution charge with the responsibility of short and medium term loan.

Economic Development:

This is a kind of spontavous charge in economic activities which leads to increase in the national income of a state.

Commercial Banks:

It is a financial institutions which hold out themselves to the public by accepting deposits and giving out advances as well as performing other services to their customers.

Foreign Investment:

It refers to the acquisition by institution or individuals in one country to assets of firm in another country.


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 …


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TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION



    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    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”


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