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INTRODUCTION This chapter deals with the background of the study statement of problem, objective of study, research questions, significance of the study, hypothesis, scope, limitation of the study and definition of terms. 1.1 BACKGROUND OF THE STUDY The era of oil boom in 1970’s in Nigeria economy lead to the nations over reliance on oil as its main source of revenue and there by ignoring other sectors of the economy hence a mono-prod […]
160 Pages
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19,344 Words
1.1 INTRODUCTION The bulk of fraud required by the investing sector of most developed and developing business economics of the world is provided by the bank industry in the main, the service of mobilizing fund from the saving that is simples to the investing sector provided by the banking industry accounted for the high status the banking industry is place in the development of any economy the rate of economic development of the nation […]
131 Pages
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18,421 Words
INTRODUCTION 1.1 General introduction and background of the study The management of an organization’s capital relates to the finance and investment of non-human resources, that is, physical and monetary assets, for the purpose of maximum benefit in terms of profitability. According to Frear (1980) profitability is determined in part by the way in which a company manages its working capital elements, especially the company’s management […]
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7,625 Words
INTRODUCTION Modern commercial banking in Nigeria dates back to the early period. The decline in barter system of trade and the rise in financial transaction of the colonial government required an institution in the form of commercial bank for safety and transmission of fund. It was for purpose that African banking corporation based in South Africa an was invited in 1892 to open a branch office in Lagos but its existence was made preca […]
85 Pages
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12,230 Words
INTRODUCTION In this present world, all nation want its rural urban areas to be developed, with this perspective policies are being formulated to ensure its achievement of that country. For instance, in Nigeria a great number of people live in the rural areas and so the federal, sate and local government are very much concerned in the issue of developing these rural areas. Development as it effects the rural people differs in many resp […]
121 Pages
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13,426 Words
BACKGROUND OF THE STUDY There had been administrative control on the nation’s interest rates until July 31, 1987 when, in consonance with the spirit of the structural Adjustment programme (SAP) of the Federal Government the Central Bank of Nigeria issued a circular on interest rates bordering on the deregulation of this financial sector of the economy. As a signal to the direction, the Central Bank wanted the interest rate to go, the m […]
80 Pages
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10,744 Words
1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY for bank to survive in today’s growing dynamic highly competitive bank environment the marketing of the banking service is indeed inevitable so that they can serve its customers with a well tail over package and creating programme in order to meet adequately the various needs of its customers and other company specific requirements. Marketing starts when one social unit anticipates identifi […]