Although a lot of research works have been done on the prospects and challenges of information technology in the banking industry, these research works were broad based, while a few were actually carried out on the role of information technology in modern banking operations. Modern banks now realize that only those that overhaul their payment service delivery and operations are likely to service and proper in the 21st century. This is due to the presence of globalization, consolidation, priv... read more

The banking industry in Nigeria plays a very significant role in economic development of the country. According to Abdullah (2006) the banking industry in particular plays a vital role in the economy development of Nigeria by mobilizing savings and channeling them for investment. Especially in real sector which increase the quantity of goods and services produced in the economy, the national output increase and the level of employment improves. A bank is a sector holding a valid license to... read more

Small-scale business has been an important element in this country’s drive towards a self-reliant economy. This is based on the legalization that small-scale enterprises are desirable worldwide; hence, it is an avenue for reducing the rate of unemployment in the country and there by contributing to the Gross Domestic Product (GDP) of the nation. In the developed countries today, technological advancement was due to the establishment of small-scale business and industries. Small-scale enterp... read more

One of the cardinal problems facing motivation on staff performance in the banking industry in Nigeria is staff performance in the banking industry in Nigeria is lack of staff motivation to improve standards in their organizations. The motivation and expectation of management is for employees’ or staff to give their best to achieve the organizational aims and objectives. It is clear that people are the orbit upon which any establishment revolves, that is why most management tends to give mo... read more

The successive development plans ofNigeriahave laid emphasis on the attainment of self reliance. The need for this national objective is because much is expected from individuals from the view point of providing employment opportunities self reliance in basic food and material production high per capital income, foreign exchange earnings and the production of industrial raw materials. Okporobie (1989:10) observes thatNigeriasmall scale industries continued to decline despite the so called pr... read more

It is a well-known fact that there has been a public concern on the impact of bad debt on commercial bank lending on Nigeria economy. The various management in position has been accessed of giving loans to applicants without a good or reasonable security as collateral. This has immensely given room to economic problems/crises 14i that some customers even when given a reasonable collateral tends not to meet up with the demand of the agreement This is as a result of borrower inconsistencies in... read more

Banks has continued to witness increased number of fraud and malpractice with varying degree of sophistication. It was reported by the Nigeria Deposit Insurance Corporation (NDIC) that “Banking Industry has lost billions of naira to fraudulent activities, indicating a continuing increase in banking fraud” in the present 21st century in Nigeria. This shows that while bank management are busy working out means of checking fraud and malpractice fraudsters on the other hand in conju... read more

The banking sector is largely dominated by commercial banks and by far the most important in any developing countries like Nigeria. Globally, the unique role of banks as the engine of growth in any economy has been widely acknowledged (Adegbaju and Olokojo, 2008; Kolapo, Ayeni and Oke, 2012; Mohammed, 2012). In fact, the intermediation role of banks can be said to be a catalyst for economic growth and development as investment funds are mobilized from the surplus units in the economy and made av... read more

As the prime movers of economic life, banks occupy a significant place in the economy of every nation. It is therefore not surprising that their operations are perhaps the most heavily regulated and supervised of all businesses (Soyibo and Adekanye, 1991). The high degree of regulation which characterizes the banking sector fundamentally derives from its exposure to various types of risks (Isu, 1991; Jimoh, 1992) Over the years, the Nigerian banking sector and/or system has undergone tremendo... read more

The banking industry plays a very important role in the economic growth of any country; it acts as an intermediary between the lenders and the borrowers of funds in the economy. It also provides financial resources to other industries and hence facilitating production (Kocabay, 2009). Stability in the banking system is also important, since any instability in the banking system has the potential to lead to a financial instability and economic crisis. Hence, a well- functioning banking system is ... read more

The currency of a nation would normally serve as a medium of exchange a standard of rate and a store of value. A close perusal of these functions would show that in a complex economy. Money is usually the only accepted medium through which a buyer pays a seller. Money is a convenient way to store wealth for use whenever it is needed. If however, the value of a currency is not stable, the value of that wealth will diminish daily. The Nigeria currency has contributed to lose value over a long peri... read more

This research examined the impact of commercial bank credit for agricultural production in Nigeria using macroeconomic variables (of commercial bank credit and agricultural products). The overall objective of the study is to examine to what extent the credits of commercial banks had supported agricultural production Nigeria. The specific objectives are: (i) to determine the impact of trade credit banks on agricultural production in Nigeria, and (i) to determine the impact of agricultural product... read more

In today’s business world, globalization and international experience has become critically important. Banking industries can no longer get away with operating loosely connected groups of businesses that happen to be located around the world, but must strategically integrate their activities. Mitroff [1] stated that, only the banks, businesses, industries, and whole by societies that clearly understand the new rules of doing business in a world economy will prosper. Global competition in the... read more

Bank credit has been the responsibility of Central Bank of Nigeria, in order to manage our monetary system; it is also one of the instruments of monetary policy that can be used for economic system. Various sectors of the economy require finance for different purposes; one main purpose is to promote economic activities, the issue of credit becomes necessary as these economic agents do not have the ability to raise the required capital for the execution of their plans. The availability of bank cr... read more

In spite of the Commercial Banks importance in building economic growth and development, commercial banks are faced with problems ranging from lack of adequate and sound accounting system, procedures and for rendering returns and required information to Head Office, lack of experienced, qualified and well exposed staff to render bank accounting operations. Besides, some of the Bank appointees studies courses that are not related to banking and accounting. These staff that lack accounting skills ... read more

t would be observed that, despite the presumed developments in the Nigerian economy, the country is still largely being regarded as a developing country (Onyema, 2006). More so, its industrial growth is not quite impressive. Before the emergence of formal microfinance institutions, informal microfinance activities flourished all over the country. Traditionally, microfinance in Nigeria entails traditional informal practices such as local money lending, rotating credit and savings practices, cre... read more

In investing in electronic banking, the country will need a large amount of financial resources in computer technology, obviously, the resource is in short supply in Nigeria, couple with high level of poverty. For an efficient functioning of electronic payment system, there must be availability of infrastructural facilities such as electricity and telecommunication network, however, power supply fluctuates and there is still constant failure links in networks. Since early 2000s banks have been ... read more

According to Adekanya F. (1984) Define Banking habit as the degree as which member of the public patronize banks. The regularity with which individual and corporate bodies in the society make use of banking faculties. As palne (1978), Rural banking scheme is a programme managed by the central bank of Nigeria in the 1970 and it aims at bringing banking facilities to the door step of rural dwellers. The first approach used by the commercial bank of Nigeria was mandating the commercial banks to ... read more

The focus of this study is corporate governance and banking performance in Nigeria. corporate governance has been identified to mean different things to different people. The objectives of this work is to investigate if there is any significant relationship between directors equity holding and bank performance in Nigeria and also to determine empirically if there is any significant relationship between corporate governance disclosure and the financial performance of banks in Nigeria. The explora... read more

Since the beginning of corporate form of business entity in Nigeria, the banking sector has been playing important role in promoting economic growth and development by way of providing liquidity and capital in form of loans to firms and private individuals, Izedonmi (2001) noted that banks help to allocate available resources by mobilizing funds from productive channels to finance investment activities in productive sectors and increase capital formation, they also promote financial investment a... read more