Credit is one of the many factors that can be used by a firm to influence demand for its products. According to Horne & Wachowicz (1998), firms can only benefit from credit if the profitability generated from increased sales exceeds the added costs of receivables. Myers & Brealey (2003) define credit as a process whereby possession of goods or services is allowed without spot payment upon a contractual agreement for later payment. Timely identification of potential credit default is important... read more

Lending has become a significant role in banking because of its direct effect on economic growth and development. This is being followed in most nations, particularly the developing ones, where banks and lending activities have been usefully incorporated into government policy making in the national economic development process (Badar & Yasmin, (2013). Thus, the lending activity of banks as it influences economic growth and development has continued to gain prominence in the light of the moder... read more

The banking system is a very strong element of the entire edifice of the nation. A bank is simply an institution that provides the minimum banking services and which is licensed by the federal government as a banking institution. Such minimum banking services includes; (a) Acceptance of deposit from the general public (b) Making payments to the depositors on demand to the extent of the money available in their accounts (c) Granting loans and advances to credit-worthy customers ... read more

Nigerian banking sector continues to be a vital part of the economy. Even since the inception of the nation’s first bank in the 19th century, banks have recorded tremendous growth. In spite of the hardship in the economy, people still rush to work in banks compared to other sectors with the belief of finding greener pastures there. With such negative motives as making money fast in minds, some people go to banks and when they can’t make it so fast, they go on to defraud the banks. Financi... read more

The cheque clearing system is the means whereby bank exchange cheque drawn each others through clearing system. Clearing system on the other hand is the medium through which proceeds of cheques and other payment instrument are transferred from the paying bank to collecting bank. The Nigerian automated clearing system (NACS) which book-off on October 21, 2002 as a result of the time function that affects clearing system i.e before cheque is cleared. It involved much stretch in whic... read more

the world we live in today is dominated by improved technology like wise public relations seems to be growing rapidly to attract good measures of recognition within and outside immediate environment of organizations either public or private. Similarly, the emergence of public relations have made among organizations to adopt it to maintain good and effective management function, creating goodwill as well as mutual understanding the world over. And it is most interesting to note that ... read more

In any modern economy, the efficient production and exchange of goods and services requires money and bank is the instrument for affecting it. The last few years have been both traumatic and revolutionary for the banking industry. The industry produced the largest number of technically insolvent and under capitalized banks. The magnitude of distress in the nation’s banking industry reached on unprecedented level making it an issue of concern to the government, the regulatory authority, the ban... read more

The aim of this research is primary to investigate the evaluation of the role of central bank of Nigeria in ensuring efficient and effective banking operation in Nigeria. The study was carried out in order to determine the role central bank of Nigeria has to play as an apex bank. Central bank as an apex bank are responsible central bank is required by the law to maintain account with commercial banks the researcher used secondary data in this project. Finally, the government should prov... read more

There is no gain saying that the novel corona virus has affected the social, political and economic sectors of countries. Ironically the financial institutions which is a sensitive sector of the economy are part of the most exposed groups to Covid -19 infectious disease in the course of rendering financial services to their clients and customers.The banking sector is an industry and a section of the economy devoted to the holding of financial assets for others and investing those financial asset... read more

Micro-finance is the supply of loans, savinsgs, 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, stabilize consumption, and money transfer services. Financial services for the poor have proved to be a powerful instrument for poverty reduction that enables the poor to build assets, increases, and reduce their vulnerability to economic stress. However, with nearly one ... read more

There appears to be little about the fact that fraud in banks is a matter of the greatest concern to bankers, the monetary/ political authorities and the generality of Nigerians today. It is so for many reasons. The methods acquire sophistication by the day. The size increases in geometric progression. The people involved hitherto were among the respectable members of the church, the mosque, the community. Also, the results" of the incidences are damaging. Frauds lead to unwarranted losses fo... read more

Banking system in our economy is a very vital sector and their position in our economy can not be over emphasized. The banking system in Nigeria was fashioned along with that of Britain the banking system act as financial intermediate for funds between the deficit and surplus sector of the Nigeria economy. Nigeria banking sector is made up of the central bank of Nigeria (CBN) commercial banks, merchant bank, development bank and specialized banks. This banks deal on various financial instru... read more

Fraud is a `cankerworm’ that has eaten deep into the nation’s fabrics. It is visible in all the sectors of the economy. In the financial sector, fraud is an `offshoot’ of financial crimes which covers offences, which are securities, related and involves the movement, transfer or use of monetary instruments in circumstances, which render such acts unlawful. The above definition can be extended to include any dishonest, unethical or unprofessional conduct which results in financial loss to s... read more

Banks all over the world have through their unique position in the economy contributed immensely to economic growth and development of nations, hence the banking sector in any country plays fundamental role in increasing the level of economic activity. A bank is any person, partnership, or company that provide the minimum banking services and which is licensed by the federal government as a banking institution. Such minimum banking services includes acceptance of deposit from the general publ... read more

The commercial world today has been devastated by random breaches of business ethics. This has resulted to rampant occurrence of white collar crimes committed mostly by top and highly educated professional personnel, these crimes are sometimes euphemistically dubbed, executive dishonesty crimes like improper waiver of interest on loans, fraudulent false accounting, falsification, computer fraud, dishonesty, classification of debts as bad debt or irrecoverable, non-disclosure of vital interest by... read more

The Nigeria economy got in power till 1986 a highly regulated economy with local, state and federal government owing a large value proportion of the national economy. However, with the introduction of Structural Adjustment Programme (SAP) in August 1986. The national economy was deregulated and most of the control were abolished while the price mechanisms system or the market force system was introduced to determine the price of goods and services. Before the introduction of the Structural Adj... read more

Timothy (2012) posits that three or four decades ago, banking was a simple business; consumers saved their money with and received their financial services from banks. When customers open savings account, they received passbook from the bank with which the account would be operated; and when it is a current accounts, they received cheque books for the same purpose. Akingbola, (2006) Today, the banking industry has moved into an era of menu-driven ultra-robustspecialized software programs call... read more

The focus of this study is on the benefits that are derived from the use of information technology and corporate performance in banking industry. In the year past, activities in banking sector was done manually which resulted in unnecessary delays in generating required data and poor customer services. Consequently, the society preferred to keep their money inside their bedrooms. Being a sector of the economy whose services are universally demanded, the banking industry has for sometimes now ... read more

The deregulation of the financial services market which the Nigeria economy has witnessed under the structural adjustment programme, has exposed financial institution to the types of competitive and tough market environment which their counter parts in the advanced economics have witnessed for many years. The banking and financial institution which have survived the turbulence which those changes brought in their wake, are those which have encourage & embrace the purchasing philosophy as a co... read more

Union Bank of Nigeria Plc was established in 1917 as a colonial Bank with first branch in Lagos. In 1925, Barclays Bank acquired the Colonial Bank, which resulted in the change of the Bank’s name to Barclays Bank (Dominion, Colonial and Overseas) following the enactment of the Companies Act in 1968 and the legal requirement for all foreign subsidiaries to be incorporated locally, Barclays Bank (DCO), in 1969 was incorporated as Barclays Bank of Nigeria Limited. The ownership structure of Barcl... read more