APPRAISAL OF THE ECONOMIC IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF DIAMOND BANK PLC NIGERIA) CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Before the emergence of modern banking system‚ banking operation was manually done which lead to a slow down in settlement of transactions. This manual system involves posting transactions from one ledger to another which human handles. Figures or counting of money which should be done through computers
Premium Bank Online banking Electronic commerce
regards to Nigeria. However‚ in this study‚ the attention of this is mainly on the influence of deregulation on banks profitability in Nigeria. The discussion on the deregulation can be effectively carried out without understanding what monetary policy is all about. In this content‚ monetary policy could be defined as a policy which deals with discretionary control of money supply by the monetary authorities in order to achieve stated economic goal of society. The performance of the Nigeria economy
Premium Bank Interest rate
Name : Logesh S Username: B0884CD1 Information Technology for Managers Assignment 1. Discuss the importance of Information as a resource. Answer: Information is a resource that should be managed like other resources (i.e. people‚ money‚ land and equipment). This implies applying resource management techniques‚ like planning‚ costing‚ budgeting and evaluating‚ to the information resources of the firm‚ and assigning the position for information resources management responsibilities to more
Premium Management Decision theory Information systems
This has been made possible by two things that the space program helped develop- satellites and electronics. Satellites are a major component of the space program. So‚ the space program funded research that led to major advances in the satellite technology. In addition‚ to allow increased capabilities over small space and to reduce launch cost‚ the space program was pushed to develop integrated electronic circuits. This has led to the miniaturization of electronic components. These developments have
Premium Satellite Communications satellite
McGraw-Hill/Irwin Copyright © 2008‚The McGraw-Hill Companies‚ Inc. All rights reserved. 2008 The McGraw-Hill Companies‚ Inc. All rights reserved. Chapter 2 Competing with Information Technology McGraw-Hill/Irwin Copyright © 2008‚The McGraw-Hill Companies‚ Inc. All rights reserved. 2008 The McGraw-Hill Companies‚ Inc. All rights reserved. Learning Objectives • Identify basic competitive strategies and explain how a business can use IT to confront the competitive forces it
Premium Strategic management Management Knowledge management
INFORMATION TECHNOLOGY STRATEGY Introduction In today’s business environment‚ organizations are adopting the latest technologies in order to make the organization’s processes more organized and fruitful. There are several various technological tools that have been initiated through the information technology system‚ which has become very effective for organizations in order to compete in a proper manner. The Human Resource Information Management is one of the major tools
Premium Cloud computing Management
The impact of ICT on accounting practice in Nigeria CHAPTER ONE Introduction 1.1 Background of the study In the recent past centuries‚ before the inception of Information and Communications Technology (ICT)‚ the accountants of an organization were using a socially acceptable behavioural method of reporting accounting and economic reports‚ carried out during accounting year ends‚ the preparation of accounting records‚ book such as the profit and loss account‚ the balance sheet
Premium Management Economics Bank
ALL Questions. 1. What is the difference between information technology and information systems? Describe some of the functions of information systems. In your answer include two examples of information technologies and two examples of information systems. Information technology is the use of computer hardware‚ software and associated technologies to process data and achieve company’s business objectives. Some examples of information technologies include mobile computer devices such as PDAs as well
Premium Decision theory Information systems Decision support system
Reassessing Impacts of MDGs in Nigeria A Global Partnership for Development was adopted by 189 nations‚ signed by 147 heads of state and governments during the UN Millennium Summit in September 2000. Bill Gates has called them "the best idea for focusing the world on fighting global poverty that [he has] ever seen." The signing of the partnership was the beginning of the process towards the establishment of Millennium Development Goals (MDGs). Nigeria was among the countries to establish an
Premium Millennium Development Goals United Nations Poverty
Fundamentals of Information Technology FUNDAMENTALS OF INFORMATION TECHNOLOGY ITEC1104 LECTURE NOTES (FOR THEORY PORTION OF SYLLABUS ONLY) © Copyright 2012 Mrs. G. Campbell 1 Fundamentals of Information Technology TABLE OF CONTENTS UNIT I - Introduction to Computers and Information Technology (6 hours) ........................... 6 Introduction to Information Technology .................................................................................... 6 Definition of Information Technology.......
Premium Computer Personal computer