THE BANKING SECTOR IN THE ECONOMIC DEVELOPMENT OF NIGERIA A CASE STUDY OF UNION BANK. A RESEARCH PROJECT MATERIAL ON BANKING AND FINANCE

ABSTRACT

This project is a thorough research into the the banking sector in the economic developmemt of Nigeria. A case study of union bank of Nigeria Plc .  In carrying out the research investigation into the performance of  banks and  the extant they have contributed in the  economic development of Nigeria especially in the concerns grass root development were identified and properly evaluated.  Also various measures adopted by the management of these banks were identified and appraise and suggestion on how improvements can be made contribution toward the return on investments and contribution towards the  economic well being of the nation are achieved.

To facilitate the work data were collected from both the primary and secondary sources;  pre3sented to aid test the development hypothesis on the basis of estimated population  means.

Within he limit of the analysis carried out it was observed that banks have many problem facing them due largely to the inability to function very well in some  places due to lack of infrastructure lack of  sufficient funds lack of skilled workers and  prohibitions.

CHPATER ONE

INTRODUCTION TO THE STUDY

1.1      BACKGRUND OF THE STUDY

     Ever since the introduction given by Good to man to  “Be fruitful and  multiply”  replenish and subdue the earth” man has alone a lot to pursue this injunction of subduing  the earth.  By this it entails among other things  the development of the world as a macro society for the overall good of man- economically politically socially and otherwise.

The wheel of change has been rolling on through the entire world transforming virgin lands deserts oceans and seas to the economic advantage of man.