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.
Related Project Materials
ASSESSING THE BENEFITS OF A PEER MENTORSHIP PROGRAM FOR INDIVIDUAL WITH SCHIZOPHRENIA FOCUSING ON THE MENTORSHIP RELATIONSHIP IMPACT ON THE PSYCHOSOCIAL REHABILITATION
ABSTRACT
This study was carried out on assessing the benefits of a peer mentorship program for individu...
TAX REVENUE AND ECONOMIC GROWTH IN COTE D’IVOIRE, GHANA AND NIGERIA
ABSTRACT
This work examined the effect of tax revenue on economic growth in Cote d’Ivoire, Ghana and Nigeria from 2026 to 2020. Spe...
WOMEN PARTICIPATION IN THE GENERAL ELECTION: A CASE STUDY OF JEMA’A LOCAL GOVERNMENT AREA OF KADUNA STATE
ABSTRACT
This study was carried out on the analysis of women participation in the 2023 general election...
AN INVESTIGATION ON THE KNOWLEDGE OF THE REPERCUSSION OF TEENAGE PREGNANCY AND MOTHERHOOD AMONG TEENAGE MOTHERS
Background of study
In Nigeria, a rising proportion of the country's adolescents are becoming new p...
RELATIONSHIP BETWEEN SCHOOL FACILITIES AND STUDENTS PERFORMANCE IN PUBLIC SECONDARY SCHOOLS
Abstract
The study attempted to investigate the relationship between school facilities and students performance in selec...
THE EFFECT OF GENDER INEQUALITY ON WOMEN EMPLOYMENT OPPORTUNITY (A STUDY OF MONROVIA STREET, UNGUWAN RIMI – KADUNA)
ABSTRACT
The issue of gender inequality is one which has been publicly reverberating through society for decades. Th...
THE FACTORS RESPONSIBLE FOR PUPILS LATENESS TO SCHOOL IN PRIMARY SCHOOL
BACKGROUND OF THE STUDY
Lateness to school started long ago, every where in a way that cannot be contro...
IMPACT OF PEER LEARNING ON ADULT EDUCATION
Abstract: The research investigates the impact of peer learning on adult education. This study aimed to explore how peer learning approaches i...
MARKETING COURIER SERVICE IN ENUGU STATE (A CASE STUDY OF TNT/IAS OF NIGERIA)
EXCERPT OF THE STUDY
The concept of social capital existed ever since small communities formed and humans interacted wit...
ACCESS AND UTILIZATION OF INFORMATION FOR ECONOMIC EMPOWERMENT BY WIDOWS IN ZARIA LOCAL GOVERNMENT AREA, KADUNA STATE
ABSTRACT
This study focused on access and utilization of information for economic empowerment by widows in Zaria local government area, K...
