THE EFFECTS OF COMPUTER APPLICATION ON PROFIT OF BANK’S IN NIGERIA. A RESEARCH PROJECT MATERIAL ON BANKING AND FINANCE
ABSTRACT
The study was carried out to find the efficiency of banking activities with the application of computer. Attention was directed on the relationship between the contributions of computer application towards banking activities in the economy.
The scope of the work was not all the wide, but the study was able to come up with face that banking sector, improves tremendously with the computer. It is of great importance of both the ministers and the researcher since it helps to find whether the economy that is the banking sector can go for with the help of computer likewise, it helped to broaden the mind of the researcher on the problem that computer specialist in banks can face in the course of their banking activities.
The literature review was completed from the existing textbook and computer application and lecture notes all from the school library and journals and newspapers.
PROPOSAL PAGE
This project is to economize the effect of computer application on the profit of banks in Nigeria, the project topics are arranged neatly on the fifth chapter.
The study will critically examine the effect of computer application on profit of bank in Nigeria. Also scope will define ways of regulating chapter summary of findings (4) chapter conclusion (5) chapter recommendation and bibliography.
The study will cover technology and advancement to determine whether it has been deal venture with regards to productivity efficiency and development.
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Inflation has been a problem; many countries of the world have been experiencing especially the developing countries. It started during the early 60’s, which results to the incorporation of economic policies as a measure to reduce the effect of the inflation in the economy, and most of these measure taken by developing countries to check the problem of inflation are in the form of the use of central bank instrument of credit control. This is aimed at reducing the volume of money in circulation and maintaining it to ensure low cost of living.
Nigeria as other developing countries is also faced with the problem of inflation. In Nigeria, inflation has been a problem for policy makers since the 1970’s and ever since then to date the rate of inflation is on the increase.
In defining what inflation is various perspectives from different economists are as follows:
1) The system whereby too much money is chasing too few goods.
2) Whereby there is a fall in the purchasing power of money.
3) Where there is an increase in the amount of money in circulation.
4) Where there is an excess of wages claims over productivity growth.
For the purpose of this study inflation is defined according to Ben Chukwuemeka Anibueze Banking practice volume three as “a sustained rise in the general level of prices of most goods and services”. That is to say that there is always an increase in price without fluctuation.
The supply of money would be affected due to increment in wages salaries especially if there is no increment in productivity and also increment in petroleum pump price, which the federal government has initiated, can also result to inflation.
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