AN APPRAISAL OF ECONOMIC IMPLICATION OF ELECTRONIC BANKING IN BANKS IN NIGERIA

CHAPTER ONE Introduction 1.1 Background Along with a rapidly growing economy, rising incomes and an enormous population, Nigeriais…

CHAPTER ONEINTRODUCTION1.1   BACKGROUND TO THE STUDY Small and Medium Scale Enterprises are sub-sectors of the industrial sector which play crucial roles in industrial development (Ahmed, 2006). Following the adoption of Economic reform programme in Nigeria in 1981, there have been several decisions to switch from capital intensive and large scale industrial projects which was based on the philosophy of import development to Small and Medium Scale Enterprises which have better prospects for developing domestic economy, thereby generating the required goods and services that will propel the economy of Nigeria towards development. It is base on this premise that Ojo (2009), argued that one of the responses to the challenges of development in developing countries particularly, in Nigeria, is the encouragement of entrepreneurial development scheme. Despite the abundant natural resources, the country still finds it very difficult to discover her developmental bearing since independence. Quality and adequate infrastructural provision has remained a night-mare, the real sector among others have witnessed downward performance while unemployment rate is on the increase. Most of the poor and unemployed Nigerians in order to better their lots have resorted to the establishment of their own businesses. Consequently, Entrepreneurship is fast becoming a household name in Nigeria. This is as a result of the fact that the so called white collar jobs that people clamour for are no longer there. Even, the touted sectors (Banks and companies) known to be the largest employer of labour are on the down-turn following the consolidation crisis and fraudulent practices of the high and mighty in the banking sector. The companies of course are folding up as a result of erratic power supply, insecurity and persistent increase in interest rate which has lead to high cost of production and undermines profit making potentials of companies operating in Nigeria (Hassan, 2003).

A PROTOTYPE STUDENT PERFORMANCE EVALUATION SYSTEM (A CASE STUDY OF COMPUTER SCIENCE DEPARTMENT, UNIVERSITY OF BENIN) BENIN CITY.…

ABSTRACT Igbo family is faced with the challenges of modernity evident in innovations and changes in patterns of…

ABSTRACT       J.S Mbiti contended that Africans perceive time composition of events which must be lived through. He…