BANK OF INDUSTRY INTRODUCTION. The Bank of Industry was created by the Federal Executive Council in January 2002 with the sole purpose of promoting and encouraging small and medium scale industries in Nigeria by providing long term financing to the industrial sector of the Nigerian economy. It was formed by the amalgamation of three already existing development financial institutions comprising: The Nigerian Bank of Commerce and Industry (NBCI)‚ The Nigerian Industrial Development Bank (NIDB) and
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Why consumers are not using internet banking: a qualitative study Philip Gerrard Nanyang Business School‚ Nanyang Technological University‚ Singapore J. Barton Cunningham School of Public Administration‚ University of Victoria‚ Victoria‚ British Columbia‚ Canada‚ and James F. Devlin Nottingham University Business School‚ Nottingham University‚ Nottingham‚ UK Abstract Purpose – This paper illustrates why consumers are resistant to using internet banking. Design/methodology/approach – A survey
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of SWOT on Internet Banking 1 Yan-Qin Su‚ 2Ying-Jun Sun 1 2 Yan-Qin Su‚ Business School‚ University of Shanghai for Science and Technology‚ Shanghai‚ China Ying-Jun Sun‚ Business School‚ University of Shanghai for Science and Technology‚ Shanghai‚ China Email: suyanqin88@126.com Abstract –With the development of Internet‚ online banking has become a development trend of Bank. It also provides more opportunity for the profits. The advantages of the online banking draw attentions from
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Impact of Cashless Economy in Nigeria By Omotunde M. Sunday T. John-Dewole A.T. Greener Journal of Internet‚ Information and Communication Systems Vol. 1 (2)‚ pp. 040-043‚ April 2013. Research Article Impact of Cashless Economy in Nigeria *Omotunde Muyiwa1‚ Sunday Tunmibi‚1 and John-Dewole A.T.2 1 School of Computer Science‚ Mathematics and Information Technology‚ Houdegbe North American University‚ Republic of Benin. 2 Department of Computer Science with Electronics
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Recent activities of secret fraternities in Edo and Anambra States of Nigeria have once again brought to focus the impact of the activities of the nefarious groups on the polity. Not too long ago‚ two prominent movie stars were brutally assassinated in Edo State in what was alleged as a frat-related offensive‚ which culminated in the death of about twenty individuals. Most recently inhabitants of Anambra state were terrorised by frat men‚ who held the state capital hostage in a brutal frat war between
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Introduction Green Banking is no more new concept in today`s world. The concept of Green is to minimize environmental degradation and making this planet habitable and it’s being used in banking sector which is presently known as Green Banking. The concept of Green Banking was developed in the western countries. Green Banking is a general term‚ which can cover a multitude of areas from a bank being environmentally friendly to how and also where their money is invested. Green Banking refers and emphases
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Before computers there were not telephone answering machines‚ handheld calculators‚ fax machines‚ personal computers. People did what they had to do without these things. People wrote letter by hand or with a typewriter‚ they also kept track of data and numbers in ledgers. They were not texting each other‚ there was either in person or over the phone. . Computers are integral to our daily lives and there are millions used daily. Computers are used at home‚ work‚ and school. They are also embedded
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Taking Mobile Banking Corporate Universal Banking Solution System Integration Consulting Business Process Outsourcing It’s ironic that in a world that has gone mobile‚ corporate treasurers and CFOs are still tethered to their desks because they need computer access to issue approvals using corporate Internet banking. While consumer mobile banking has soared in recent years ever since the smartphone arrived on the scene‚ its corporate cousin is yet to take off. However‚ according to various
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Igbinedion University Okada Eighth Convocation Lecture By Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Convocation Lecture delivered at the Igbinedion University Eighth Convocation Ceremony‚ Okada‚ Edo State‚ November 26‚ 2010 GROWTH PROSPECTS FOR THE NIGERIAN ECONOMY Sanusi Lamido Sanusi‚ CON Governor Central Bank of Nigeria 1.0 INTRODUCTION Nigeria’s economic aspirations have remained that of altering the structure of production
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I. Internet or Online Banking Internet banking is the act of conducting financial intermediation on the internet. It includes offering of information and selected services through the World Wide Web by banks and other financial service firm. For those who are quite new to the concept of online banking‚ this type of service offered by banks actually works the same way as traditional banking. The major difference lies in the convenience offered by online banking particularly when it comes to making
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