Abstract: This study explores the critical role played by the Nigerian Stock Exchange Market (NSEM) in the economic development of Nigeria. Positioned as a central component of the capital market, the stock exchange is essential for mobilising long-term capital for investment and fostering financial growth. While the NSEM is designed to stimulate economic development through … Read more
ABSTRACT This paper investigates the effective techniques for managing financial distress in the Nigerian banking industry. Financial distress, often marked by insolvency, liquidity challenges, and high operational costs, has been a recurring problem among Nigerian banks. The study focuses on key strategies such as debt recovery, cost reduction, bank recapitalisation, acquisitions, and mergers. Through structured … Read more
This paper critically examines the lending practices of commercial banks in Nigeria and their relationship with the rising incidence of bad debts. Bad debt, non-performing or irrecoverable loans, poses a significant threat to the financial stability of banks, often leading to weakened earnings and, in severe cases, institutional collapse. Through an analysis of secondary data … Read more
ABSTRACT: This research paper evaluates Uga Microfinance Bank located in Aguata L.G.A, Anambra State, focusing on assessing its physical attributes, including location, design, and spatial comfort. The study aims to address critical issues faced by both staff and customers, with three core research questions developed for analysis. Utilizing a quantitative method, data was collected through … Read more
ABSTRACT This study examines the impact of bank credit on the Nigerian economy, focusing on two major banks: First Bank of Nigeria PLC and Zenith Bank PLC, Ekwulobia. The research aims to assess the extent to which bank credit has influenced economic growth and development, analyze the level of awareness regarding available credit facilities, evaluate … Read more
Abstract: This study explores the critical role of Information and Communication Technology (ICT) in detecting and preventing fraud within the Nigerian banking sector, with a focus on selected banks in Anambra State. Employing inferential statistical analysis, the research provides a generalized conclusion on the impact of ICT on fraud management. The study utilized a questionnaire … Read more
ABSTRACT: The analysis of secondary data revealed significant trends in bank fraud and forgery cases, including the involvement of staff and their impact on commercial and merchant banks. These findings underscore the persistent threat of fraudulent activities within the banking sector, even in highly regulated environments. To address these challenges, the study recommends rigorous employee … Read more
ABSTRACT Inflation remains a significant economic challenge, particularly in developing nations like Nigeria. This research delves into the measures employed to combat inflation in Nigeria, examining their effectiveness and impact on the nation’s economy. Through a combination of questionnaire surveys and extensive library research, this study investigates government policies implemented between 1961 and the present, … Read more
Abstract: This study explores the role of the Central Bank of Nigeria (CBN) in preventing bank failures, focusing on strategies and measures to ensure financial stability in the banking sector. Bank failures in Nigeria have historically eroded public confidence and disrupted economic growth. The research examines the effectiveness of CBN interventions, including collaboration with the … Read more
CHAPTER ONE The banking industry has made significant advancements in adopting information technology (IT) for managing information and enhancing customer service delivery. Although IT is a subset of information management, it serves as a vital tool for its implementation. According to Akuwudike and Ugwu (2002), information technology involves the collection, recording, storage, processing, and communication … Read more