Project Topic:

THE ROLE OF FINANCIAL INSTITUTION IN A DEVELOPMENT ECONOMY

Project Information:

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 72 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   1,129 people found this useful

Project Department:

ACCOUNTING UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

CHPATER ONE

 

1.1            INTRODUCTION

The idea of establishing indigenous development financial institutions was mooted after the establishment of the Central Bank of Nigeria (C.B.N) on first July, 1959 after the bank failure of the early 1950’s.

During this time, it became obvious that there was an urgent need for financial institution capable of providing medium and long term capital to full up serious gaps in the financial system/ struction of the economy.

As a result of this need arose to create special institutions for special purpose, the special purpose being development in the widest sense of the term. There was a need to create institution that could undertaken investment where the private investor might for the times being so reluctment to go and create atmosphere in a private investor where they will find the risk of investment considerably reduce if not wiped out entirely. The need is to stimulate the private sector of the economy and also with the promotion and finance of an enterprises by the provision of long term and medium term fiancé was accepted.

1.2     THE PURPOSE OF THE STUDY

          The idea of establishing indigenous financial institution was mooted soon after the establishment of the Central Bank of Nigeria on First July, 1959 after the Bank failures of the early 1950’s.

          This study tried to ascertain how much of the above listed objectives to the financial institutions have been able to achieve their standing relationship with the industry and commerce which they are meant to fund their standing relationship with the Nigerian public and the Central Bank of Nigeria  (C.B.N) which is their main source of funds.

 

1.3     SIGNIFIANCE OF THE STUDY

          The idea of establishing indigenous financial institution saddled with the responsibilities of financing, funding industrialists and other commercial enterprises for the economic emancipation of the country is unique in such a way that it tired to x-ray the role of financial institution where functions are to help in the bid to launch Nigeria into economic freedom and to enable her compete favourably with the international economy.

          This study reviewed the primary role of these institution which reviewed included among other numerous function ‘Providing equity capital and funds by way of loans to indigenous person. This study is equally significant  in that it has reviewed the activities of the Nigerian financial institutions in trying to close those gaps created by the operation of the earlier existing non-development financial institution and speed up economic development of Nigeria.

 

1.4     SCOPE AND DELIMITATION

          This research entitled ‘The role of financial institution in a developing economy” is  very verse but for the purpose of financial constraints. It has therefore, restricted or limited itself to some specific  development financial institution in Owerri Municipal. Some of these choosen indigenous financial institution  include Nigeria Bank for commerce and industry. Nigeria

Get the complete project »


Instant Share On Social Media:


Can't find what you are looking for?
Call (+234) 07030248044.

OTHER SIMILAR ACCOUNTING PROJECTS AND MATERIALS

AN APPRAISAL OF THE IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF ACCESS BANK)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Secondary data, Data Analysis,Abstract  ::   23010 engagements

CHAPTER TWO REVIEW OF RELATED LITERATURE Electronic banking in Nigeria has overtime been viewed by many especially economists as having a lot of implications on the economy of Nigeria and especially...Continue reading »

A CRITICAL ANALYSIS OF THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 75 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   21298 engagements

ABSTRACT The study was carried out to analyse how an organization performs making use of the financial statements with First Bank of Nigeria Plc serving as the case study. the study disclosed that th...Continue reading »

AN EVALUATION OF THE PERFORMANCE OF NIGERIAN STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIA ( A CASE STUDY OF NIGERIAN STOCK EXCHANGE)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 78 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   10297 engagements

HISTORICAL BACKGROUND OF THE NIGERIA STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIAN. The nigeria stock excahnge denoted by NSE is a government establishment where stocks are traded on a daill...Continue reading »

APPLICATION OF BUDGETS AND BUDGETARY CONTROL MEASURES IN A NON-PROFIT ORGANIZATION: A CASE STUDY OF APOSTOLIC CHURCH, DELTA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   14393 engagements

2.1 CONCEPTUAL FRAMEWORK A budget is can be defined by accountants as “a planned outcome to be generated and for the expenditure to ensure during that period and the capital to be employed to a...Continue reading »

ASSESSING BOOK-KEEPING PRACTICES OF SMALL AND MEDIUM SCALE ENTERPRISES IN CALABAR LOCAL GOVERNMENT AREA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 69 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   12953 engagements

ABSTRACT The economy of Nigeria cannot function properly or thrive without the micro, small and medium scale enterprises (SMEs). These small scale enterprises cannot function properly if they are not ...Continue reading »

ASSESSMENT OF ADEQUATE RISK RECOGNITION AND MANAGEMENT IN NIGERIAN INSURANCE COMPANIES (A CASE STUDY OF UNION ASSURANCE COMPANY, UYO)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 86 ::   Attributes: Questionnaire, Data Analysis  ::   8329 engagements

THE CONCEPT OF RISK Risk has been the subject of study by different scholars over the years with several meaning and definitions. But the most accepted definitions are that of J.E Banister and P.A Baw...Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. HUMPHREY from TARABA STATE UNIVERSITY said " I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good qualty. I recommend ProjectClue for any project research work.".
    Rating: Good
  • 2. Asad from Kardan said "useful information, thank you.".
    Rating: Very Good
  • 3. Mwanasinjale Bruno Y. from Catholic University College Of Mbeya (CUCoM) said "Conglatulation to all supporters of the project clue. For what your doing has great impact to the society".
    Rating: Excellent
  • 4. Agaji Gabriel from Federal University of Agriculture Makurdi said "Projectclue is the best for free research topics and material. Kudos to you guy.".
    Rating: Very Good
  • 5. Abiola Adesanya from University Of Lagos Nigeria said "The best portal for undergraduate research projects and free project topics in Nigeria. Kudos to you guys! Project Clue".
    Rating: Very Good
  • 6. Dabung Timothy from University of Jos said "The effect of job stress on employees performance".
    Rating: Excellent