THE CONTRIBUTION OF FINANCIAL INSTITUTION IN THE DEVELOPMENT OF NIGERIA ECONOMY. A RESEARCH PROJECT MATERIAL ON BANKING AND FINANCE
ABSTRACT
Contribution of financial institution is not just for more development, but also grow the economy of Nigeria. This is because the commercial bank attitude to the public is quiet
However, this study is aimed at identifying the contribution of financial institution in Nigerian economy, also to decimate its problem and prospects in Nigeria economy.
This study also focused attention to extent the commercials banks has adopted the use of capital asset and knowing the effect and efficiently.
Moreover, it focus is also direct to general operation of financial institution in Nigeria particularly, commercial banks.
CHAPTER ONE
INTRODUCTION
1.1 STATEMENT OF THE PROBLEMS
The research is geared towards findings out the roles played by commercial banks in enhancing the economic development of Nigerian through agriculture and commerce.
I will like to find out on how the commercial banks help in the development of Nigeria economy.
1. To know conditions involved in getting credit facilities to enhance economic development.
2. To know how the commercial banks contributed to the growth of entrepreneurship development in Nigeria.
3. To know if the banks grant enough credit facilities to the enhancement of economic development.
4. To know how far the commercial bank have attracted foreign investment into Nigeria.
5. To also know how the commercial banks increase in industrial productivity in Nigeria.
1.2 RATIONALE OF THE STUDY
The aim behind the establishment of the commercial banks was to promote and foster rapid economic development by financial industries and commerce. Against this background therefore, this particular study tired to find out whether these commercial banks live up to the expectation for which they wee established.
1.3 SIGNIFICANCE OF THE STUDY
The idea of setting up the commercial banks in Nigerian was that hey would in no small way speed up the economy growth and development of the nation.
This study is very important because having examined the various roles performed by these commercial banks it will enable any developing nation hoping to establish financial institution to make clear-out decision in their drive to speed up economic growth and development.
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