CHAPTER ONE
1.0 INTRODUCTION
The computer has become a tool that is used in one way or the other in virtually all fields of human endeavour. To those who are not very familiar with it or who are not very familiar with it or who have never used it. The computer means different things. Some people who are even seen the computer have a narrows or wrong notion of what it is or what is can do. Middle managers needs to draw from the information to develop subordinate plan necessary for implementing an organization’s strategy.
Furthermore, since creation, there has been constant quest by man to improve on quality of his life and existence. This ever- increasing quest has been necessitated and propelled by simple need to address the challenges posed by his environment. The computer is one of the most spectacular f such inventions. It is a tool specifically made for computer for computable problems.
Besides, the electronic computer was developed in this century and has given birth to a new field of endeavour know as information technology (I.T). In combination with telecommunication devices, the computer is functionally reducing the world to a global electronic village of data and information.
Nevertheless, the increasing volumes of transaction they deal with, banks have full embraced the use f computers to enhance their efficiently.
This project is designed to acquaint the reader with the computer and its usefulness in Banking Industry.
1.1 STATEMENT OF PROBLEMS
The Nigerian banks in general have been encountered numerous problems as a result of inefficiency and inadequate system of operation applied in banking services. With the increase of customers in Banks, the aid of an adding machine and computer is needed.
When insufficient failed to meet the requirement wanted, the followings were noticed frequently.
i. Customers complained of spending too much time (ie sometimes before withdrawal or paying in a cheque.
ii. High cost of data processing is one of the basic problems that arias form inefficient and inadequate system.
iii. Mistakes in mathematical operations involving balancing of customers accounts.
iv. Inability to detect simple errors and fraud contributed by many Nigerian Banks.
1.2 PURPOSE OF STUDY
It is important, then that this information be account and on time to be of use. Effective management control requires the “feedback” of the information in time to affect important decisions. To determine the extent to which the objectives of computerization of Nigerian Banks are being achieved. Thus project will also go forward to help future researchers and authors in the areas of study as well as to inform the banks especially the usefulness of computer usage in Banking industry.
1.3 AIMS AND OBJECTIVES
The primary aim of this study is to research into the usefulness of computer usage in Banking Industry, detect those problems that creates obstacle and causes set back in their operations. It is also to create a new system for efficient, effective and speedy service tot he customers in the
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?
Format: | Ms Word | ||
Chapters: | 1 - 5 | ||
Pages: | 50 | ||
Attributes: | Questionnaire, Data Analysis,Abstract | ||
Price: | ₦3000 | ||
Get the complete project » |
THE IMPACT OF HUMAN RESOURCE PLANNING ON ORGANIZATIONAL PERFORMANCE
70,640 people found this useful
THE EFFECT OF SOCIAL MEDIA ON STUDENTS PERFORMANCE IN LEARNING LISTENING COMPREHENSION
51,810 people found this useful
IMPACT OF SOCIAL MEDIA ON CONSUMER BEHAVIOR
47,433 people found this useful
TAX ADMINISTRATION IN NIGERIA: CHALLENGES AND PROSPECTS, A CASE STUDY OF LAGOS STATE BOARD OF INTERN...
46,722 people found this useful
IMPACT OF E-LEARNING ON THE ACADEMIC PERFORMANCE OF UNDERGRADUATE STUDENTS (A CASE STUDY OF NATIONAL...
46,670 people found this useful
CAUSES AND EFFECTS OF COMMUNICATION BREAKDOWN IN AN ORGANIZATION (A case study of champions’ brewe...
43,865 people found this useful