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INTRODUCTION 1.1 BACKGROUND OF THE STUDY Concerted efforts were m ad for many years to involve sub- urban and rural people in Nigeria in modern banking practices. Apart from encouraging the establishment of commercial banks, merchant banks, specialized development bank were created focusing or mortgages Agriculture, savings, co- operatives and other specific areas. Beyond this, rural branches were mandatory for the commercial bank so t […]
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7,888 Words
Local government has and will continue to be of the prime mort of development in different parts of the world and their importance and impact on the daily activities of citizens cannot be over emphasized. The terms local government refers to a political authority set up by a nation as a subordinate authority for the purpose of dispensing or decentralizing (political) power in the English souse, it means local self government. Local gov […]
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5,198 Words
Banking industry in Nigeria has come of age. It started in 1894 by the statement of first bank of Nigeria. Since then the number of banks in Nigeria has been on the increase. In 1993, the guest for indigenous banking started and later in the decade natwnal bank was registered the flood gate for banks was opened with the affairment of independence. Merchant banks to off in 1964 with Nigeria industrial development bank. In 1992 to be pre […]
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1,654 Words
Multinational Corporation is now globally accepted business firms which have adopted various cultures and take responsibility for her host community socially. The appraisal of multinational corporation to the contribution of community development became necessary to evaluate the extend of exploration carried out by multinational corporations in Nigeria. A review of related literature was carried out to give the study. The required theo […]
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Not, every Nigerian knew exactly the paramount impact of Community Banks to our dear nation and to economic growth and development of our father land Nigeria. Most of the time, it sounds aloof and appears trivial to the ignorant and the unconcerned. We just hear about this bank without really care how to set it up or even support it. However, Community Banks established in Nigeria to help remedy the problem of lack of development that […]
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Rural development intervention in Nigeria has emphasized the role of government and their statutory agencies, in driving social and infrastructural development. This approach has led to the representation of rural communities as recipient rather than active movers of development. This project work investigated the dilemma of rural development in NsugbeAnambra East L.G.A of Anambra State and also examined the activities of traditional a […]
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The community banking scheme has been in operation since December 1990, and has to a large extent achieved its objectives as a vehicle for poverty alleviation at the grassroots’ level. With about 1000 unit community banks and hundreds of thousands of customers, the banking habit has reasonably increased in the rural areas. The poor farmers, cattle rears, fisher men and artisans who might not have collateral but are hardworking could ge […]