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...
BACKGROUND TO THE STUDY
The most primary aim of language is communication, and communication can be transactional or interactional. However, different languages have different forms a...
BACKGROUND OF THE STUDY
Small and medium businesses are commonly recognized as the bedrock of long-term economic development. According to UNDP (1974), developing countries, including Nigeria, have shown increased interest in the promotion of small...
Background of the study
“Rural” means open land and tiny settlements in general, although "rural areas" are typically taken for granted or left undefined in policy-oriented and scientific literature, in a process of description that is sometimes la...
BACKGROUND OF THE STUDY
Globalization and digitization have revolutionized how businesses operate and competes in the marketplace in the 21st century. Information and communication technology (ICT) is the lifeblood of this change (Onyeaghala & Anele, 2017). Thus, in...
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 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
The review of information contained in the business's accounting reports can provide a picture of how well the firm has fared. Managers owe it to various stakeholders, particularly investors, to generate accounting reports th...
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
From the smallest receipts and payments of a small club to the published accounts of huge public enterprises, accountancy encompasses the installation of bookkeeping and accounting systems, the writing up of accounts, and the creati...
BACKGROUND OF THE STUDY
The function of performance appraisal is a strategic aspect in any review of the conditions required for an organization's growth and survival. It is considered that both the person and the organization require knowledge of h...
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 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
The success of corporations is influenced by a variety of factors, one of which is dividend policy. Dividend policy is used to keep a manager's opportunism under check. Empirical studies reveal that companies in underdevelope...
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 Study
A farmer who planted corps expects results, just as a student who waits for an exam does. The same may be said for an investor. The farmer may be informed of the outcome in the form of a bountiful crop. A pupil would normally be satisfied with a resu...
Background to the Study
It is not exaggeration that despite the effort of National Agency for the Prohibition of Trafficking in Persons (NAPTIP) and other bodies like the International Labour Organization (ILO)1, there are still cases and reports of women and child traf...
BACKGROUND OF THE STUDY
The interdependence of businesses is a core element of modern economic life. No contemporary firm is self-contained. There is no question that small and medium-sized businesses are the true foundation of a country's economy....
BACKGROUND OF STUDY
The notion of auditing data dates back to ancient times, with the oldest signs of its existence discovered among major landowners of the Middle Ages in Italy and Egypt.
However, according to afounka (1993), statutory auditi...
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
Financial Accounting is based on principles that may be shown using basic teaching tools. In any educational engagement intended to create learning, the use of instructional materials is required. There should be no excuse or rea...
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
Electronic banking in Nigeria has been considered by many, particularly economists, as having significant ramifications for the Nigerian economy, particularly the banking industry, over time. Nigeria's economy has benefited g...
Background of the study
According to Amidu, John, and Joshua (2011), accounting is important to the success or failure of modern business organizations. Systems are in responsible of recording, analyzing, monitoring, and assessing commercial companies...
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 21st century has witnessed a great exodus from the traditional business model (Brick) to Electronic business (Click).This paradigm shift can be associated with the corresponding increase in the knowledge of information t...
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
Coronaviruses are a kind of virus that infects both animals and humans. They are members of the Coronaviridae family. Human corona viruses can cause moderate sickness, similar to a common cold, or severe illness (such as MERS - M...
Background to Study
The mass media comprises the means by which a society disseminates and receives information. The traditional instruments of the mass media to the modern man are the newspapers, magazines, radio and television. The Journalist is...
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
Business Education programs are part of the total educational program in Nigeria. Co-ordinated efforts on the part of business educations, school administration and guidance counsellors have brought the necessary changes. Hi...
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
Globalization and digitization have revolutionized how businesses operate and competes in the marketplace in the 21st century. Information and communication technology (ICT) is the lifeblood of this change (Onyeaghala & Anele...
Background Of The Study
According to the Financial Action Task Force (FATF 2014), digital currency is a digital representation of value that is digitally transmitted while functioning as a medium of exchange, unit of account, and store of value, and it...
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
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 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 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
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...