Our Archives

Call 09159097300, or 09067754232 for any enquiries.

Project Topic:

ELECTRONIC BANKING IN NIGERIA: PROBLEMS AND PROSPECTS

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 45 ::   Attributes: Data Analysis, abstract ::   2,916 people found this useful

Project Body:

ABSTRACT

            This research work is an attempt to analyse and find out the “PROBLEM AND PROSPECTS OF ELETRONIC BANKING IN NIGERIA”.

            The research geared toward explaining what Electronic Banking is all about and when it was introduce into Nigeria.  The research also explained the services and the features of electronic Banking in Nigeria.  Though some of the information is between the bankers and their customers, the researcher was able to b ing some of them out finally, the information contained in this project writing will educate some ignorant people, concerning how they can transact business with their bankers or their customers through electronic device.

TABLE OF CONTENT

CHAPTER ONE

1.0       INTRODUCTION

1.1              Back ground of the study

1.2              Statement of the problem

1.3              The objective of the study

1.4              Scope of study

1.5              Limitation of the study

1.6              Definition of terms

CHAPTER TWO

2.0              Literature review

2.1       review of related studies

2.2              Meaning of electronic banking

2.3              Features and services of electronic banking

2.4              Electronic payment system

2.5              Problems of electronic banking

2.6              Research design

A         Source of data

B         Method location of data

C         Method of data collection

D         Tools of analysis

CHAPTER THREE

3.1              Summary of findings

A         Monetary banking

B         Cross – border issues

C         Security of an electronic money scheme

D         Frauds

E          The payment system

3.2              Conclusion and recommendation

3.3              Bibliography

CHAPTER ONE

 

1.0              INTRODUCTION

1.1       BACKGROUND OF THE STUDY

            Financial institutions have been early adopters of smart card and credit cards technology, in the system and more recently, the launching of internet banking have transformed with world into a global village linked with electronic impulses.  The idea or when the Apex Bank of Nigeria (Central Bank of Nigeria) gave the approval to Allstates.  Trust Bank Limited to issue a financial product known as the ESCA an electronic purse to the public.

            Later on, Diamond Bank Limited, introduced a parallel product know as Diamond pay card.  In February 998 the smart card received a boost, when 19 licensed banks floated a smart card company.

1.2              STATEMETN OF THE PROBLEM

These introduction of electronic money which are still at a relatively early stage of development have the potential of challenge the predominant role of cash for making small value payments and makes retail transaction easier and cheaper for consumers and merchants (Hotels: Airlines, supermarkets, etc, who are current account holders).  In the view of these, the Central Bank Governors of the group of ten (G-10) countries commissioned a series of studies on specific issue related to electronic money.  To

(i)                 Highlight the main design features and functional aspects of electronic money products.

(ii)               Analyses the technical risks specific to these products and

(iii)             Examine possible security measures that can be relied upon to prevent, detect and contain fraud.

1.3              THE OBJECTIVE OF THE STUDY

In respond to information technology developments in domestic financial sector, the Central Bank of Nigeria commissioned an information technology strategy study with the objective of promoting the efficient performance of its statutory duties.  The project is being implemented in phases and both the licensed banks and the regulatory authorities have demonstrated their appreciation of the benefits derivable from use of information technology.

The main focus of this project will be on the fundamental policy issues, which the introduction of electronic money scheme throws up, adequate attention will also be devoted to prospects or control mechanism that has put in place to ensure effective management of electronic product vis-à-vis likely impact on the economy as a whole.

1.4              SCOPE OF STUDY

The scope of this project work is restricted to only the banks and their customer in Nigeria and between a company or fir operating on electronic banking and their customers.

1.5              LIMITATION OF THE STUDY

Despite the research is carried out there are some limitation the researcher encounter such as:

(i)         INADEQUATE TIME:

There is a limited for the researcher to work his project considering the short semester of the school.

(ii)        INADEQUATE RESPOND

Some bank does not disclose how they operate on electronic banking because it is a secret between them and their customer.

(iii)       FINANCE

The researcher has limited money to carry out the research more effectively.

(iv)       INADEQUATE MATERIAL

Because the project is a new development the material for the project is limited.

1.6              DEFINITION OF TERMS

(i)                 What is pin?  Personal identification number it is a device used to gain access to ones personal account.

(ii)               What are features of electronic banking?  These are what differentiate electronic banking and the former banking transaction.

(iii)             What is prospect of electronic banking?  This is the feature success or out come or the position of electronic banking.


Get The Complete Project »

Project Department:

MORE BANKING AND FINANCE FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

Instantly Share this Project On Social Media:

CLOSELY RELATED BANKING AND FINANCE FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

A CRITICAL ANALYSIS ON 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: 72 ::   Attributes: Questionnaire, Data Analysis  ::   6999 engagements

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

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   5377 engagements

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)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   5693 engagements

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

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   15234 engagements

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

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   4888 engagements

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

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 68 ::   Attributes: Questionnaire, Data Analysis,Abstract

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 you looking for today?

TESTIMONIALS:

  • 1. Jayone from FPA said " I had a wonderful experience using UniProjectMaterials,though they did not deliver the material on time, but the content had good quality. I recommend UniProjectMaterials for any project research work.".
    Rating: Very Good
  • 2. Mugisha R from B.U, UGANDA said "Wow, this is great, your materials has helped me alot. Many blessings. I will inform my friends. Thanks. ".
    Rating: Very Good
  • 3. Nwachukwu Ruth Chinyerr from Michael okpara university of Agriculture,umudike said "I really appreciate this. Materials like this are good guides to writing a researchable project.".
    Rating: Good
  • 4. Ibrahim Salama from Kaduna said "Thanks You So Much Sir We Appreciate ".
    Rating: Excellent
  • 5. Ibrahim Salama from Kaduna said "Thanks You So Much Sir We Appreciate ".
    Rating: Excellent
  • 6. Mohammed A.B from Veterinary Laboratory, Zanzibar ,Tanzania said "You are doing good job to assists in research. God bless you.".
    Rating: Very Good

Paper Information

Format:ms word
Chapter:1-5
Pages:45
Attribute: Data Analysis, abstract
Price:₦3,000
Get The Complete Project »

Best Selling Projects

Our Archives