Select Currency
Translate this page

GLOBALIZATION AND PERFORMANCE OF THE NIGERIAN BANKING SECTOR

Format: MS WORD  |  Chapter: 1-5  |  Pages: 65  |  1856 Users found this project useful  |  Price NGN5,000

  DOWNLOAD THE COMPLETE PROJECT

CHAPTER ONE

INTRODUCTION

1.1 Background to the Study

The role of the banking system as an engine of economic growth is appreciated by the functions, the constituency performs. The banking sector provides liquidity that services the needs of the economy, facilitates the mobilization of surplus funds from both domestic and foreign sources and optimally allocates such mobilized resources to deficit economic limits for product investment. The banking system also provides infrastructure for monetary policy transmission among other thing. In recent years the Nigerian banking sector has been hit by three major trends namely deregulation and privatization the introduction of new technologies and new products and the entry of new competitors. These trends were the outcome of forces of globalization.

According to Fajigbesi and Ozughalu (2013) globalization is face with some challenges which do affects the banking sector especially the immensely baking system from this a consensus has emerged in recent decades emphasizing the critical role of globalization in the process of Nigerian banking sector development. Globalization implies that there will be massive presence of foreign banks in Nigeria with the influx of foreign banks, there will be tremendous increase in the degree of competition in the degree of competition in the Nigeria banking sector. Indeed, the banking sector in Nigeria is bound to face global financial system, the survival of banks in Nigeria will be to a large extents depend on hour well they understand the intricacies of globalization and how well they are prepared to operate with in the new system.

Until recently, Nigeria banking system have not performed impressively when compare to other region for instance power and energy has not grow to the expected level, technologically Nigeria is still behind in operation, basically the imfrastral system of the country is yet to be upgraded to a necessary standard. However, Nigeria banking sector experience significant gains in the current re-capitalization of Nigeria banks. These changes took place within the context of globalization/ internationalization policies and reflect part effort by Nigeria government to integrate Nigerian banks into the global financial market.

The recent concern about growth of Nigeria Banking Sector is the impact of globalization to the sector as revealed by Obadan (2013). The Banking sector plays a critical role in liberating a country’s wheels for beneficial participation in the dynamics of globalization. Undoubtedly, globalization has impacted on most factors identified in the literature to be determinants of changes in the banking sector. The nature of these relationship need to be ascertained the study of these type, is therefore warranted since it’s major objective is to examine empirically the impact of globalization the Nigeria banking sector.

1.2   Statement of Problem

The crux of this study is to find out the impact of globalization in Nigeria banking system, and how Nigeria banking sector can benefit and manage the cost of globalization, with regards to the above researcher one of the view to review existing literature and fill the gap that exist by proffering possible solutions is to identify problem.

1.3   Research Questions

1. What are the globalization factors that affect the Nigerian Banking Sector?

2. What are the cost benefits of globalization to Nigerian Banking System?

3. What are the preconditions for banking sector globalization?

4. To what extent has foreign banks penetrated Nigerian banking system?

5. How can the banking system be prepared for the challenges of globalization?

1.4   Objective of the Study

The main principal objective of this study is to empirically investigate the impact of globalization on Nigerian banking system. Specifically the objectives of the study will also include.

1. To identify the major globalization indicators that affect Nigerian banking system.

2. To identify the cost and benefit of banking sector globalization.

3. To find out the pre-conditions for globalization in the Nigerian Banking Sector.

4.  To evaluate the penetrator of foreign bank on Nigerian Banking System.

5. To appraise policy measure of government towards ensuring Nigeria banks benefits from globalization.

1.5   Statement of Hypotheses

In order to achieve the objectives of this study the following hypothesis are stated.

Hypothesis One

Ho: There is no significant relationship between banks capital base and economic growth.

HI: There is significant relationship between banks and capital base and economic growth.

Hypothesis Two

Ho: There is no significant relationship between bank capital base and foreign private investment.

HI: There is a significant relationship between bank capital base and foreign private investment.

1.6   Scope of the Study

These research works cover Nigeria. To capture the Impact of globalization on Nigeria Banking System substantially and make statements that is based on facts and figures (objectives) and to enhance unbiasedness, a period of 36years encompassing serve as the time horizon for the study. The constraints encountered in articulating this work include the difficulties and financial constraints involved in getting date, the time spent on solving and organizing the work combined with normal academic activities and other logistics problem. A poor response from expert in the field was also a factor .at limits this study.

1.7   Significance of the Study

The importance of knowing how globalization impact on Nigerian banking system can be over emphasized. This study is very important as it would examine to what extent certain global variables explained what happens to Nigeria banking sector. In fact, this research work will add to the ready-made shelf of well-structured publicly researcher projects which would be a hard tool for bankers, and policy makers in making decisions on how to influence banking sector development through benefiting from the outcome of globalization. Student in Nigeria and in other less developing countries interning to broaden their knowledge about the nexus of globalization and banking sector development. Research will also find this material useful for subsequent research work on the issue. Government and financial regulators would also find this research work handy especially in the areas of policy formulation and stimulation.

1.8   Limitation of the Study

There have been lots of challenges carrying out this research work, which has led to the limitation of the study, busy schedules of managers and staff of the organization which we needed to source for information which made my trips numerous, some information tagged “top secret” were not disclosed.

1.9  Definition of Terms

Banking: This is the provision of payments facilities, credit and capital to individuals, firms and government universal banking combines these functions in the same banks, as for example in European countries including Germany. Modern banking is increasingly adding further functions including stock broking and port folio management.

Banking System: This is the network of institutions responsible for providing banking services is actual banks providing services to the general public which may be universal bank or specialist institutions dealing with particular types of banking business.

Globalization:  This is the process by which the whole world becomes a single market i.e. goods and services capital and labour are treaded on a world wide basis and information and results of research flow readily between countries. The rise of the internet and the start which has been made on liberalizing international trade in services will continue this movement in the 21st century.

Financial Sector: This is the part of the economy concerned mainly with lending and borrowing long or short term loan which includes banks, non-bank financial intermediaries such as building societies.

  DOWNLOAD THE COMPLETE PROJECT

GLOBALIZATION AND PERFORMANCE OF THE NIGERIAN BANKING SECTOR

Not The Topic You Are Looking For?



For Quick Help Chat with Us Now!

+234 813 292 6373

+233 55 397 8005


HOW TO GET THE COMPLETE PROJECT ON GLOBALIZATION AND PERFORMANCE OF THE NIGERIAN BANKING SECTOR INSTANTLY

  • Click on the Download Button above.
  • Select any option to get the complete project immediately.
  • Chat with Our Instant Help Desk on +234 813 292 6373 for further assistance.
  • All projects on our website are well researched by professionals with high level of professionalism.

Here's what our amazing customers are saying

Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Excellent
Merry From BSU
I am now a graduate because of iprojectmaster.com, God Bless you guys for me.
Excellent
Abdulrazak Bello Marsha
Usman Dan fodio University
It was quite a better guide for project and paper presentation purpoting. Many thanks.
Average
Abdulrahman Jibrin
Nti Abaji
Nice one work prompt delivery tanx
Very Good
Samuel From Ajayi Crowther University
You guys just made life easier for students. Thanks alot iprojectmaster.com
Excellent
MATTHEW NGBEDE
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Excellent
Adam Alhassan Yakubu
UDS
Excellent work and delivery , I promise to share my testimonies everyone in need of this kind of work. You're the best
Excellent
Oluchi From Michael Opara University
If you are a student and you have not used iprojectmaster materials, you are missing big time! iprojectmaster is the BEST
Excellent
JONNAH EHIS
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Excellent
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good

FREQUENTLY ASKED QUESTIONS

How do I get this complete project on GLOBALIZATION AND PERFORMANCE OF THE NIGERIAN BANKING SECTOR?

Simply click on the Download button above and follow the procedure stated.

I have a fresh topic that is not on your website. How do I go about it?

How fast can I get this complete project on GLOBALIZATION AND PERFORMANCE OF THE NIGERIAN BANKING SECTOR?

Within 15 minutes if you want this exact project topic without adjustment

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

What if I want to change the case study for GLOBALIZATION AND PERFORMANCE OF THE NIGERIAN BANKING SECTOR, What do i do?

Chat with Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

How will I get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 813 292 6373 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 813 292 6373

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!