0704-883-0675     |      dataprojectng@gmail.com

IMPACT OF INFORMATION AND COMMUNICATION TECHNOLOGY ON THE FINANCIAL PERFORMANCE OF SELECTED DEPOSIT MONEY BANKS IN NIGERIA

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

This research project had the purpose of finding the impact of information communication technology on financial performance of deposit money banks in Nigeria. Information and communication technology is important to the banking industry in Nigeria. The banking sector is vital for the growth of economy of a nation. Qualitative research design was employed in this study. The population of study was the 43 registered deposit money banks in Nigeria. Data collection sheet was used as the instrument of data collection. The information was gathered from the audited financial report which were readily available at the Central Bank of Nigeria. SPPS and excel were used to analyze the data collected. The research discovered that information communication technology has improved the financial performance of deposit money banks in Nigeria. As a results the market share has been increased plus it has assisted the deposit money banks to remain competitive. Information communication technology also assists to improve the liquidity of commercial which lowers dependability of depositors therefor improving on earnings and return. This helps improve of efficiency and profitability of the deposit money banks especially in the emerging banks. The study discovered there is need to invest more on information communication so as to increase the deposit money banks financial performance. The fast pace growth and development of information communication technology in the Nigeria banking sector has resulted into improvement in efficiency in operation and also in service delivery. deposit money banks have become competitive by enhancing staff training and growth as well as research and development in technology. Thus the study concludes that among the ICT employed by deposit money banks, mobile banking had the most positive influence on the financial performance.Based on the study findings, the study recommend that deposit money banks should reduce investment in ATMs and internet banking as this was found to have negative influence on financial performance. In this case therefore the researcher recommends that deposit money banks should keep investing and also using the mobile banking in their daily operations. This is due to the fact that the people who owns mobile phones are increasing day by day.




FIND OTHER RELATED TOPICS


Related Project Materials

THE SIGNIFICANCE OF ACCOUNTING STANDARD IN THE PREPARATION OF FINANCIAL STATEMENT OF AN ORGANIZATION

ABSTRACT

Research project examined the significance of accounting standard (SAS) in the preparation of financial stateme...

Read more
IMPROVING THE PERFORMANCE OF MICRO-BUSINESSES IN NNEWI

This study aims at improving the performance of small-scale enterprises in Nnewi-South Local Government Area of Anambra State.  The resea...

Read more
THE IMPACT OF INVESTMENT STRATEGIES ON PORTFOLIO PERFORMANCE

ABSTRACT

THE IMPACT OF INVESTMENT STRATEGIES ON PORTFOLIO PERFORMANCE

This study examines the impact of investment strategies o...

Read more
THE IMPACT OF “MARKETING MIX” IN THE ACCOMPLISHMENT OF ORGANIZATION OBJECTIVE (A CASE STUDY OF UNILEVER BROTHERS NIGERIA PLC)

 

Abstract

Marketing as a profession and an academic discipline has undergone a rebirth which has made i...

Read more
AN ASSESSMENT ON THE RELATIONSHIP BETWEEN TEACHERS’ ATTITUDE AND STUDENTS’ ACADEMIC PERFORMANCE IN BUSINESS STUDIES

ABSTRACT

The study was a descriptive research design, which focuses on teachers and students from five...

Read more
THE ROLE OF CULTURAL SENSITIVITY IN VOCATIONAL EDUCATION SETTINGS

ABSTRACT: This study explores the role of cultural sensitivity in vocational education settings, emphasizing the importance of respecting and...

Read more
ROLE OF E-COMMERCE IN REDUCING OPERATIONAL COST IN AN ORGANIZATION (A CASE STUDY OF DEALDEY.COM)

Abstract

The study was carried out on the role of E-Commerce in reducing operational cost in an organization. In this st...

Read more
EVALUATION OF SOME CHEMICAL CONSTITUENTS OF SELECTED ENERGY DRINKS

Abstract

 

This research work examined and compares the physicochemical properties and some chemical cons...

Read more
SOCIOLOGY AND BRIBERY AND CORRUPTION IN NIGERIAN SOCIETY

Abstract

Bribery an corruption has affected many countries all over the world especial...

Read more
ASSESSMENT OF VARIOUS BIOCHEMICAL CHANGES IN HYPERTENSIVE AND HYPERTENSIVE-PRONE ADULT NIGERIANS IN JOS, NIGERIA

ABSTRACT

A total of 1,075 fasting Human Serum and early morning urine samples were assayed for various biochemical parameters. The parame...

Read more
Share this page with your friends




whatsapp