ABSTRACT
Financial institution has contributed immensely to the development of the economy of Nigeria by enhancing and playing a significant role in the activities of business in the economy and also contributing to the different sectors of the economy. In recognition of the important role of financial institutions in development of economy, this project work has been designed to enlighten all interested individuals who may not want to go into one business line or other on the availability of funds for them in any financial institution such as commercial banks like First Bank Nigeria Plc. The more individual’s ventures into business line, the more developed the nations economy becomes because the development of any given nation is measured by the numerous business activities going on in the nation. During the course of this study, book and journal were consulted to ascertain the extent to which these financial institutions have actually displayed its role in enhancing business activities and it was discovered that its contributions can never be over emphasized. Despite the financial institutions achievements so far, recommendations were made to help the performances of these banks so that more people will use the banks available opportunities especially in the area of bank changes electronic banking card product, money transfer services both domestic and abroad, agriculture financial etc.
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