The Role of Financial Institution in a Developing Economy.
ABSTRACT
Contribution of a financial institution is not just for more development, but also grow the economy of Nigeria. This is because the commercial bank attitude to the public is quiet
However, this study is aimed at identifying the contribution of a financial institution in Nigerian economy, also to decimate its problem and prospects in Nigeria economy. This study also focused attention to extent the commercials banks has adopted the use of capital asset and knowing the effect and efficiently.
Moreover, it focus is also direct to general operation of a https://innaija.com.ng/profile/high-net-worth-individuals-that-you-never-imagined/financial institution in Nigeria particularly, commercial banks.
The research on the financial institutions in agricultural development in Nigeria” A case study of GTB Plc was necessitated by the fact that the agriculture development has been on issue of great concern in Nigeria.
TABLE OF CONTENT
TITLE PAGE i
CERTIFICATION ii
DEDICATION iii
ACKNOWLEDGEMENT iv
ABSTRACT v
CHAPTER ONE
1.0 INTRODUCTION 1
1.1 BACKGROUND OF THE STUDY 1
1.2 STATEMENT OF THE PROBLEM 2
1.3 SIGNIFICANCE OF THE STUDY 2
1.4 OBJECTIVE OF THE STUDY 3
1.5 SCOPE OF THE STUDY 3
1.6 RESEARCH QUESTIONS 3
1.7 HYPOTHESIS OF THE STUDY 4
1.8 LIMITATION OF THE STUDY 4
1.9 OPERATIONAL DEFINITION OF TERMS 4
1.10 CASE STUDY OF HISTORICAL BACKGROUND 5
CHAPTER TWO
2.0 LITERATURE REVIEW 8
2.1 THEORETICAL LITERATURE 8
2.2 HISTORICAL BACKGROUND 10
2.3 THE ROLE OF COMMERCIAL BANK 11
2.4 COMMERCIAL BANKING IN NIGERIA 13
2.5 EMPIRICAL LITERATURE 15
CHAPTER THREE
3.0 RESEARCH METHODOLOGY 20
3.1 INTRODUCTION 20
3.2 RESEARCH DESIGN 20
3.3 RESTATEMENT OF RESEARCH QUESTION 20
3.4 POPULATION OF THE STUDY 20
3.5 SAMPLING DESIGN AND SAMPLE SIZE 21
3.6 DATA COLLECTION INSTRUMENTS 22
3.7 VALIDITY OF THE RESEACH INSTRUMENT 22
3.8 RELIABILITY OF THE RESEARCH INSTRUMENT 23
3,8 METHOD OF DATA ANALYSIS 23
3.0 LIMITATIONS OF THE METHOLODY 23
CHAPTER FOUR
4.0 DATA ANALYSIS AND PRESENTATION OF RESULT 24
4.1 INTRODUCTION 35
4.2 PRESENTATION OF DATA 36
4.3 ANALYSIS OF RESPONSE 33
4.4 HYPOTHESIS TESTING
CHAPTER FIVE
5.0 SUMMARY, CONCLUSION AND RECOMMENDATION 34
5.1 SUMMARY 34
5.2 RECOMMENDATION 34
5.3 CONCLUSION 36
REFERENCES 37
QUESTIONNAIRE 38
INTRODUCTION
The idea of establishing financing institutions was mooted soon after the establishment of the central bank of Nigeria on first july1959, after the bank failures of the early 1950’s.
At this stage, it became obvious that there was an urgent need to establish financial institutions capable of providing medium and long-term capital to full up the serious gaps in the financing system of the economy.
In view of the dwindling position of the economy the government has at various times tried to correct through monetary and fiscal policies the downward movement s of the economy as well as to place the economy on a path of meaningful development.
REFERENCES
Adid, A. (1997). Commercial banks and economic development, the experience of eastern Africa, Newton; praeger.
Agu, C.C (1984). The role of commercial banks in mobilization and allocation of resources for development in Nigeria savings and development journal 2
Anyanwu J.C (1997). The structure of Nigerian economy,Onitsha, Jounal education publishers Ltd.
Barniger, C. (1999). Indigenous savings and credit societies in the third world; San Diego,Califonia.
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