BACKGROUND OF THE STUDY
Although infrastructure investment is widely seen as a critical engine of economic growth, many developing nations, including Nigeria, fall behind in terms of the quality and quantity of critical economic infrastructure. Developing countries...
Background to the study
Entrepreneurship's dynamism is considered as capable of addressing new economic, social, and environmental concerns as globalization reshapes the global economic landscape and technological advancement creates more unpredicta...
BACKGROUND TO THE STUDY
The sum of the money worth of all the commodities and services produced in a country during a specific time period, generally a year, is referred to as national income. At this point, the topic of how an economy expands may sprin...
BACKGROUND TO THE STUDY
According to Ajayi et al. (2006), supporting a secure, convenient, and inexpensive payment system is one of the criteria for the growth of the national economy. Today's world is shifting away from paper payment systems and to...
Background of the study
Throughout history, people have exchanged products and services via a number of techniques and channels. Many of these methods and materials, such as metal coins or paper money, are typically physical.
Without a questio...
Background to the study
Shipping has been around for almost 5000 years, with the earliest known marine commerce network connecting Mesopotamia, Bahrain, and the Indus River. Shipping is always evolving, and today's shipping is very different from wh...
Background of the study
Accounting is critical to the success or failure of modern commercial organizations. (Amidu, John, & Joshua. 2011). Systems are responsible for recording, analyzing, monitoring, and assessing the financial health of corporate...
BACKGROUND OF THE STUDY
COVID-19 was found in Wuhan, China, in December 2019. However, it spread quickly and had a detrimental influence on all countries and territories worldwide. As of 5 October 2020, about 6 million COVID-19 cases have been recorded...
BACKGROUND OF THE STUDY
Although infrastructure investment is widely seen as a critical engine of economic growth, many developing nations, including Nigeria, fall behind in terms of the quality and quantity of critical economic infrastructure. Developing countries...
BACKGROUND OF THE STUDY
The name Bank is derived from the Italian word banco, which means "desk/bench" and was used by Florentine bankers during the Renaissance to execute this transaction over a desk covered by a green tablecloth. However, th...
BACKGROUND OF THE STUDY
In comparison, the majority of Small Scale Businesses (SSBs) are registered as sole proprietorships, which makes the registration process much simpler and easier than other types of company registration. Small businesses now outn...
BACKGROUND TO THE STUDY
Micro-finance is the supply of loans, savings, and other basic financial services to the poor. People living in poverty, like everyone else, need a diverse range of financial instruments to run their business, build assets, stabi...
BACKGROUND OF THE STUDY
The construction sector occupies a focal position in the economy of any nation because it is an important contributor to the process of development (Aje, 2008). In the conduct of economic activities, the construction sector is al...
BACKGROUND OF STUDY
Nigeria is a country rich in natural and human resources, with a population of more than 140 million people primarily engaged in agriculture and small-scale business. Micro, small, and medium-sized firms (MSMEs) and both peasa...
BACKGROUND OF THE STUDY
Nigeria as a nation is characterized by a developing economy because the various sectors responsible for economic development are not optimally utilized, as a result of which we have not been able to fully tap the natural resourc...
BACKGROUND TO THE STUDY
The ability to play many roles is a necessary component of one's professional life. Employees who undertake several responsibilities are subjected to multiple expectations from others, both inside and outside the firm (Shaila...
Background Of The Study
The insurance business serves as the backbone of Nigeria's risk management system. Insurance companies are non-bank financial businesses that play an essential role in financial intermediation within the financial system of a...
INTRODUCTION
The African Union (AU) was established in 2001 to replace the Organization of African Unity (OAU) (OAU). The African Union (AU) is a regional organization that brings together the continent's fifty-three (53) nations for economic and polit...
Background Of The Study
Higher institution is the institution which one attends to after his secondary school education. It is the apex form of education where one chooses his career. Olaitan (2004) stated that in Nigeria, it comprises of universities,...
BACKGROUND OF THE STUDY
A formal and active capital market exists in Nigeria. Prior to 1961, practically all formal savings and deposits flowed through t...
BACKGROUND OF THE STUDY
The need for supervision and control of commercial banks activities is to ensure that they adhere to the stipulated monetary policies, rules and regulations as well. The last three decades has seen industrialized countries around...
Background of the study
Connection to the financial system is very important to different economies in the world. Digital currencies have attracted strong interest in recent years and have the potential to become widely adopted for use in making payment...
Background of the study
Many millions, if not billion of people will be able to use a range of convenient, accessible, and dependable financial instruments for the first time in the not-too-distant future, regardless of their proximity to tradition...
A HISTORICAL PERSPECTIVE OF NIGERIA’S EXTERNAL DEBT
The management of Nigeria’s external debt has been a major macroeconomic problem especially since the early 1980s. For many years now, the country’s debt has been growing in spite of the efforts being...
Background Of The Study
Nigeria's financial landscape has never been static. New services and products are offered on a regular basis, changing the way Nigerians engage with financial institutions and the Nigerian monetary and payment system (Adelma...
Background to the study
With the global use of progressively more sophisticated internet and information technology (Papazoglou, 2003), electronic banking is developing as a key channel for banking businesses (Wei et al., 2012). Globally, remote banking...
Background of the study
Banks are a vital part of every economy. It is the driving force behind society and economic progress. The importance of banking services to any economy's growth and development cannot be overstated. Prior to the introduction...
Background of the study
In recent years, rapid technical advancement and new business models have led in a slew of novel retail payment options. These advancements are raising the possibility of significant changes in the re...
Background of the study
A bank is a financial organization that collects deposits and puts those deposits into lending activities, either directly or through capital markets (Uremadu, S. 2012). Customers with capital shortages are linked to customers wi...
Background of the study
The notion of electronic banking was born as a result of technological improvement in the banking system. Customers no longer need to visit a physical financial institution to complete a transaction; instead, they can do it from...
BACKGROUND OF THE STUDY
National income is the sum of the money value of all the commodities and services produced in a country within a particular period of time usually one year (Jude, 2017).
The question of how an economy grows could c...
Background Of The Study
Higher institution is the institution which one attends to after his secondary school education. It is the apex form of education where one chooses his career. Olaitan (2004) stated that in Nigeria, it comprises of universities,...
Background of the study
Work was the major activities of man before the industrial revolution, that was the period marked with mechanization of work, presently computer is representing mechanization thereby turning the work into automation. The 21st century has wi...
BACKGROUND OF THE STUDY
Having chosen this topic to write on, my objectives is to find out the roles played by our financial institutions in our present economic situation whether they being followed in this time of economic recession their effects on the economy and t...
BACKGROUND OF THE STUDY
Having chosen this topic to write on, my objectives is to find out the roles played by our financial institutions in our present economic situation whether they being followed in this time of economic recession their effects on the economy and t...
Background of the Study
Agriculture is the foundation and bedrock upon which the development of stable human community has depended on throughout the whole universe such as rural and urban communities. It is concerned with the husbandry of crops and ani...
Background Of The Study
The introduction of electronic banking, online transactions and mobile banking in Nigeria has paved way for a new era of development where the use and demand for physical cash is gradually declining. These recent evolution of tec...
BACKGROUND OF THE STUDY
Most business established nowadays, are not managed by the owners (shareholders), but by the others appointed by the owners. This practice is known as “stewardship”. Also,...
BACKGROUND OF THE STUDY
Banks and financial Institutions are the most acceptable versatile, delicate .and popular forms of the present day joint increased capital base and insurance cover has necessitated the demand for more capital . which in must cases has been achieved through issue...
BACKGROUND OF THE STUDY
The need for supervision and control of commercial banks activities is to ensure that they adhere to the stipulated monetary policies, rules and regulations as well. The last three decades has seen industrialized countries around...
All businesses and particularly financial institutions have been affected to some degree in what is happening in the global market place. Now, not only do organizations aim to satisfy the customers but they attempt to do this more efficiently and effectively than their rivals in the competitive m...
In view of the important of SMEs, government has been playing an appreciation role in promoting their survival and growth, various policies towards this has enunciated plan and the ongoing three year rolling plan, priority was accorded industrialization with emphasis on SMEs.
Thus, it h...
Background to the Study
Human resource management is concerned with the supervision and controlling of employees so as to enhance organizational performance. Human resource management covers such practices such as human resource planning, recruitment an...
Background to the Study
The trend and the volume are increasing on a daily basis and all levels of the society are involved. The rich, the poor, the young and the elderly, the male and female all are neck deep in fraud and fraud related activities that say a lot about...
Background of the Study
Agriculture is the foundation and bedrock upon which the development of stable human community has depended on throughout the whole universe such as rural and urban communities. It is concerned with the husbandry of crops and ani...
Background Of The Study
The introduction of electronic banking, online transactions and mobile banking in Nigeria has paved way for a new era of development where the use and demand for physical cash is gradually declining. These recent evolution of tec...
Background to the Study
The development of the various sectors of any economy is the basis for its survival, different measures have been put in place by the Federal Government of Nigeria in order to achieve this objective, such as, the establishment of the...
INTRODUCTION
Central bank of Nigeria is the apex financial institution in Nigeria charged with the responsibility of maintaining fiscal and monetary. Stability in the economy. The CBN has its headquarters in Abuja (F.C.T) with some zonal offices in Lagos, Kaduna, Enugu...
BACKGROUND OF THE STUDY
The recent global financial crisis, which had its roots in the banking sector, highlighted, except from the existing regulatory gaps, the lack of proper and efficient internal audit functions within the banking institutions in or...
Background Of The Study
Co-operative societies in Nigeria are believed to have started between the period of the first and second world wars and more especially in the (Beer 1976). The operation of co-operative societies was first regulated by the comin...