THE ROLE OF ELECTRONIC BANKING IN NIGERIA
ABSTRACT
This Project goes into the Roles of Electronic Banking in Nigeria, the supervisory framework. The security for the money, the component of the Electronic Banking, finding and recommendation for future uses.
It is of a great importance to the students of Financial and Business Studies and those in economics. It is a very important to business consultants and investors.
CHAPTER ONE
Introduction
1.1 Background Of The Study
The advent of financial innovation such as credit cards, smarts cards, electronic transfers in the payment system and more recently, the linking of the Internet banking have transformed the world into a global village linked with electronic impulses. The concept of electronic money was introduced in 1996 when the Central Bank of Nigeria gave approval to All States Trust bank Limited to offer a financial product known as the ESCA, SMART CARD, an electronic purse.
Subsequently, diamond bank limited introduced a parallel product known as diamond pay card. However, the smart card scheme received a boast in February 1998, when a consortium of 19 licensed banks allocated a smart card company, smart card Nigeria Plc with a mandate to produce a manage cards issued by the member banks of the consortium. Another consortium of more than 20 banks under the auspices of gem card scheme in year the 2000.
These innovations, which are still at a relatively early stage of development have the potential to challenge the predominant role of cash for making small value payments and makes retail transactions easier and cheaper for consumer and merchants, who are current account holders. However, they also raise a number of policy issues because of the possible implication for central bank monetary policy, consumer system.
In response to information technology development in the domestic financial sector, the central bank of Nigeria commissioned an information technology strategy study in 1991 with the objective of promoting the efficient performance of its statutory duties. The project is being implemented in phases and both the licensed banks and the regulatory authorities demonstrated the appreciation of benefits derivable from use of information technology.
In view of foregoing, the central bank governors of the group of ten (G-10) countries commissioned a series of studied on specific issues related to electronic money in November 1995.
1.2 Statement Of The Problem
This research work is to address itself on the task to determine the impact of electronic banking in Nigeria.
- In this era of expanded information technology activities around Nigeria electronic banking is more than ever needed.
- Inadequate information technology awareness
- Show-paced information and communications technology growth in Nigeria due to inadequate finding by government and its agencies.
- Inactive regulatory bodies to provide needed logistics and technical support.
- Lack of sufficient skilled manpower.
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 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
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 "The Role of Electronic Banking 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
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 "The Role of Electronic Banking 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.
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