THE IMPACT OF CASHLESS POLICY ON THE PERFORMANCE OF NIGERIA FINANCIAL INSTITUTIONS
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Abstract
This study examines the Impact of Cashless Policy on the Performance of Nigeria Financial Institutions. This study employs survey research design. Analytically, the research adopted descriptive statistics to highlights the effectiveness of the cash-less policy of the CBN in Nigeria. The study examines the effects of the adoption of cashless policy on the profitability performance of commercial banks in Nigeria. By using ATM and POS as proxy for the adoption of cashless policy and ROA and ROE as proxy for profitability and using the Ordinary least Square multiple regression analysis, the study reveals that there is a high positive correlation between the adoption of cashless policy and commercial bank profitability in Nigeria. The multiple regression analysis also revealed that the use of cashless policy instruments particularly ATMs and POS increases the ROA and ROE of the banks. It is therefore recommended that the cashless policy should be strengthened and all bottle necks like poor power supply and all loopholes that could lead to fraudulent exposure be tactically proactively tackled.
Related Project Materials
IN-VEHICLE MUSICAL COMMUNICATION AMONG INTER-STATE COMMERCIAL DRIVERS IN SOUTH-EAST NIGERIA
BACKGROUND TO THE STUDY
Communication is the sharing of ideas, information, opinion, feelings or experiences between people. Humankind ha...
DESIGN AND IMPLEMENTATION OF A COMPUTER CASE FILLING SYSTEM OF DRUG MONITORING AGENT (A CASE STUDY NATIONAL DRUG LAW ENFORCEMENT AGENCY NDLEA
ABSTRACT
The manual approach used in the regulat...
THE ROLE OF DATA ANALYTICS IN DETECTING FINANCIAL REPORTING ANOMALIES
Abstract:
This study examines the role of data analytics in detecting financial reporting anomalies in...
AN ANALYSIS OF REPORT CASES OF CRIMES IN NIGERIA FROM 1995 - 2004
BACKGROUND OF STUDY
Criminality is inherent in human nature and culture. As a result, no civilization can claim to be fu...
THE IMPACT OF POOR REVENUE GENERATION ON THE DEVELOPEMENT OF LOCAL GOVERNMENT AREA (A CASE STUDY OF UMUAHIA NORTH LOCAL GOVERNMENT)
ABSTRACT
Revenue generation is the nucleus and the path to modern development. Thus, the study...
THE IMPACT OF INVENTORY MANAGEMENT AND CONTROL
ABSTRACT
This research work is an attempt to look into the impact of inventory management and control on performanc...
AN ASSESSMENT OF PUBLIC SECTOR FINANCIAL MANAGEMENT AND ACCOUNTABILITY
AN ASSESSMENT OF PUBLIC SECTOR FINANCIAL MANAGEMENT AND ACCOUNTABILITY
ABSTRACT
This study assesses public sec...
EXAMINATION OF MARITIME SECURITY AND THE APPLICATION OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
BACKGROUND OF STUDY
Port and maritime activities throughout the world, together with its accompanying f...
ASSESSMENT OF THE ROLE OF ESTATE SURVEYOR AND VALUER IN THE MANAGEMENT OF FEDERAL HOUSING ESTATE
Background of the study
In the realm of real estate management, the role of estate surveyors and valuer...
FINANCIAL REPORTING TRANSPARENCY AND INVESTOR CONFIDENCE
Abstract:
This study examines the relationship between financial reporting transparency and investor co...
