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.
1.4 DEFINITION OF TERMS
INVESTMENT: the money that people or organization have put in a company or business to make a business activity successful with a view to make profit.
FINANCIAL INSTITUTION: Refer to banks and non banking institution charge with the responsibility of short and medium term loan.
ECONOMIC DEVELOPMENT: This is a kind of spontavous charge in economic activities which leads to increase in the national income of a state.
COMMERCIAL BANKS: It is a financial institutions which hold out themselves to the public by accepting deposits and giving out advances as well as performing other services to their customers.
FOREIGN INVESTMENT: It refers to the acquisition by institution or individuals in one country to assets of firm in another country.
Can't find what you are looking for?
Call (+234) 07030248044.
OTHER SIMILAR BANKING FINANCE PROJECTS AND MATERIALS
A CRITICAL ANALYSIS ON THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)
ABSTRACT This project work is carried out to examine the contribution of micro finance banks to the development of Small and medium scale enterprises in Nigeria. The Brass micro finance bank is used a...Continue reading »
A STUDY ON THE ACCEPTANCE AND ADOPTION OF THE CBN CASHLES POLICY IN PORT HARCOURT, NIGERIA
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY One of the prerequisites for the development of national economy according to Ajayi et al, 2006 is by encouraging a payment system that is secu...Continue reading »
A STUDY ON THE IMPACT OF BUDGETARY CONTROLS ON THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIDELITY BANK PLC)
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY AND PROFILE OF THE ORGANIZATION Following the uncertainties prevailing in the Nigerian business environment today, managers and stakeholders mu...Continue reading »
ANALYZING PERFORMANCE APPRAISAL TECHNIQUES IN UNION BANK NIG PLC
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY In any evaluation of the condition necessary for the growth and survival of an organization, the role of performance appraisal is a strategic f...Continue reading »
AUDIT INDEPENDENCE: ENHANCING ACCOUNTABILITY AND TRANSPARENCY IN CORPORATE ORGANIZATIONS
CHAPTER ONE INTRODUCTION 1.1. Background of the study The subject of transparency and accountability in modern day corporate organizations has continued to receive attention as never before. It has b...Continue reading »
CREDIT MANAGEMENT AND ISSUES OF BAD DEBTS IN COMMERCIAL BANKS IN NIGERIA
The article on this topic (credit management and issues of bad debts in commercial banks in Nigeria) is an extract from literature review of the project material. The complete project work would be ma...Continue reading »
What are looking for today?
THE IMPACT OF HUMAN RESOURCE PLANNING ON ORGANIZATIONAL PERFORMANCE
64,178 people found this useful
THE EFFECT OF SOCIAL MEDIA ON STUDENTS PERFORMANCE IN LEARNING LISTENING COMPREHENSION
49,400 people found this useful
TAX ADMINISTRATION IN NIGERIA: CHALLENGES AND PROSPECTS, A CASE STUDY OF LAGOS STATE BOARD OF INTERN...
43,672 people found this useful
THE EFFECT OF TREASURY SINGLE ACCOUNT ON THE ECONOMY OF NIGERIA
42,852 people found this useful
IMPACT OF SOCIAL MEDIA ON CONSUMER BEHAVIOR
41,331 people found this useful
CAUSES AND EFFECTS OF COMMUNICATION BREAKDOWN IN AN ORGANIZATION (A case study of champions’ brewe...
40,167 people found this useful