1.1 BACKGROUND OF THE STUDY
The general market and the majority of financial markets have changed greatly. In this sense, trading systems have evolved and adapted to market demands, with the goal of making business transactions as simple as possible through the developm...
1.1 Background Of The Study
The ongoing developments in information technology have resulted in huge growth in both the number of Internet users and the number of digital products (Probets, 2012). By taking advantage of the quick technology advancement and financial mar...
Background of the study
Financial service delivery is progressively merging with developing technologies in Nigeria, resulting in the already well-known 'financial technology.' Fintech was not a thing a few years ago, or rather, there was a significant gap betwe...
Without a doubt, the global financial system is embracing the current technological transformation from physical currency to practically virtual currencies. In recent years, rapid technological innovation and new business models have led in a slew of novel retail payment methods. These deve...
Changing technology, economic advancement, and the desire to effectively fulfill the functions of money have all spurred monetary changes throughout history. These developments point to substantial changes in the retail payment environment, including a drop in cash usage. Digital money was born a...
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 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
Changing technology, economic advancement, and the desire to effectively fulfill the functions of money have all spurred monetary changes throughout history. These developments point to substantial changes in the retail payment e...
Background of the study
Without a doubt, the global financial system is embracing the current technological transformation from physical currency to practically virtual currencies. In recent years, rapid technological innovation and new business models...
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...
Background of the study
Inflation is a term used to describe the rate at which the price of goods and services rises over time. Inflation impacts not only the cost of life – items like transportation, power, and food – but also interest rate...
Background of the study
Many impoverished individuals in emerging nations face declining living conditions and unemployment as a result of economic downturns. This has been exacerbated by the fact that the formal economy has been steadily losing jobs wh...
Background Of The Study
There have not been any broadly agreed definition of digital currency. This is owing to the fact that the digital currency system is a novel transaction system that has never been used before, and it is impossible to compare to t...
Background of the study
The promotion of cashless policies has become a driving factor for global economies to investigate currency digitalization as it fast tracks online transactions. Various uses of e-transaction, includin...
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
The availability and equality of opportunities to receive financial services are characterized as financial inclusion. It's a method for individuals and organizations to obtain relevant, inexpensive, and timely financial good...
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
Considering the rapid technological advancement and financial market evolution, a lot of innovative transactional products have emerged in recent years. According to McKarles (2019), the global financial system has clearly embrac...
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 TO THE STUDY
Research on effectiveness of monetary policy on economic variables in Nigerian economy has for long been of interest to economist...
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
The history of insurance industry in Nigeria according to Augustine and Brennan(2012) could be traced to the British colonial trading companies that established agency offices in Nigeria, on behalf of insurance companies in UK. A...
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...
ABSTRACT
The unprecedented master influx of financial reporting in the country party as a result of deregulation policies occasioned by sometimes government intervention has aroused the curiosity of writers to carry out study of this nature. This report...
Background to the study
Since the debt crisis in the early 1980s, attention has been focused on the outflow of capital resulting from distortionary domestic policies and political instability mainly in the developing nations. The rate at which huge sums...
Background Of The Study
The emergence of advanced technologies has led to increased competition between business as each tries to utilize the latter to bolster the employees' productivity and the general performance of the firm (Chen, and Chiang, 20...
Background to the Study
Several local and international media have reported on the cause, impacts and the consequences of global financial meltdown. The global financial meltdown is a situation where the world’s status quo can no longer be maintained (Ajayi, 2013)...
1.1 Background of the study
It is a common assumption that businesses with larger capital bases tend to generate higher returns and offer greater value. There is...
BACKGROUND OF THE STUDY
Nigeria is inextricably tied to the global financial system. The global financial crisis began in the United States in 2007, expanded to other major economies throughout the world in 2008, and was then transmitted to less developed nations, incl...
BACKGROUND OF THE STUDY
Credit has remained the backbone of banking operations, hence the majority of banking activities are focused on lending. It is because it provides the majority of the profits. Today, its importance in commercial banking activities stems from the...
Background of the study
The Nigerian federal government is the one that is financially supporting the N-Power youth empowerment programme. N-Power addresses the problem of high youth unemployment by establishing a framework for the widespread and pertinent acquis...
BACKGROUND OF THE STUDY
The capital market performs for the economy, at the long-term end of the spectrum, the functions which the money market performs at the short-term end of the spectrum. Iimi, A. (2017) opined that This is because the m...
Background to the Study
Macroeconomic policy consists of the actions aimed at inducing appropriate changes in macroeconomic aggregates such as output, employment and the price level. The major components of macroeconomic policy include fiscal, monetary, debt manag...
BACKGROUND OF THE STUDY
CBN is solely responsible for regulating the operations of financial firms and actively encourages the growth of financial institutions that are either specialized or connected to development. The Securities and Exchange Commissi...
Background Of The Study
The activity that is referred to as "banking" refers to the procedure by which individuals who need money for immediate and justifiable reasons are able to borrow such money in a timely manner. To put it another way, ba...
Background of the Study
Crime is a public wrong. It is an act of offense which violates the law of the state and is strongly disapproved by the society. Crime is defined as acts or omissions forbidden by law that can be punished by imprisonment or fine. Murder, robbery,...
Background of the Study
The importance of small and medium enterprises (SMEs) in achieving economic growth, particularly in developing countries like Nigeria, cannot be overstated. Small and medium-sized enterprises (SMEs) continue to be the bedrock and...
The effect of Interest rate on economic growth in Nigeria has been a matter of controversy over a long period of time. Yet, what constitutes an appropriate interest rate policy still...
Background to the study
Monetary Policy refers to the mechanism for regulating the value, supper and cost of money at optimum levels that will ensure the attainment of desired national economic objective which include price stability, sustainable output...
ABSTRACT
The need to capture stock market and foreign exchange market nexus in Nigeria is underscored by the rapidly expanding financial markets integration due to trade and financial liberalization policies which seem to have enhanced the inflow of cap...
Abstract
The study assessed economic variables on the performance of bond market in Nigeria. The study used time series data spanning a period from 2000 to 2012 and the domestic variables employed were Money supply, Exchange rate, Nigeria treasury bills...
BACKGROUND TO THE STUDY
The banking industries are susceptible to all forms of risk. It has an ageing long history in the overall operation of all banks. The Nigerian Banking Industry for the past decades has witnessed series of Banking distress and subsequent failures....
INTRODUCTION
Effectively functioning financial markets have fundamentals roles to play in fostering development. At the level of individual livelihoods, financial markets can perform very crucial functions. They can be a principle means for the poor to get financial ass...
ABSTRACT
The emergence of financial management as a major contributor to the analysis of investment and financing decisions has continues to respond to external economic and technical developments. The improvements in the efficiency and regulation of financial markets,...
Background to the Study
Economic growth plays a key role in industrial innovation (Malatyali, 2016). The first fluctuations in crude oil prices that occurred in 1973s have made economists to view sudden movements in the oil price as a fundamental source...
ABSTRACT
There is the global recognition of the importance of expectations in the conduct of monetary policy, which can be attributed to the growth of financial markets, and the fact that economic fundamentals are driven, by expectations of the market agents. In an...