ELECTRONIC BANKING IN NIGERIA: PROBLEM AND PROSPECTS

ABSTRACT

          This research work is an attempt to analyse and find out the PROBLEMS AND PROSPECTS OF ELECTRONIC BANKING IN NIGERIA.

The researcher general towards explaining what electronic Banking is all about and when it was introduce into Nigeria.  The  researcher also explained the services and the features of electronic banking in Nigeria.  Through some of the information is between the Bankers and their customer, the Researcher was able to bring 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 on their customers through electronic device.

TABLE OF CONTENTS

i.                   The Title page

ii.                 Approval page

iii.              Dedication

iv.              Acknowledge

v.                 Abstract

vi.              Table of content

CHAPTER ONE

INTRODUCTION

1.1            Background of The Study

1.2            Statement of problem

1.3            Purpose of the study

1.4            Research question

1.5            Research Hypothesis

1.6            Scope of study

1.7            Limitation of the study

1.8            Significance of the study

CHAPTER TWO

2.1            Review of Related studies

2.2            Meaning of Electronic Banking

2.3            Features of electronic Banking

2.4            Services of Electronic Banking

2.5            Electronic payment system

2.6            Problems of Electronic Banking

2.7            Policy issues Raised by the Development of E-Banking

CHAPTER THREE

RESEARCH METHODOLOGY

1.1            Research Design

1.2            Sources of Data

1.3            Location of Data

1.4            Method of Data Collection

1.5            Tools of Analysis

CHAPTER FOUR

Presentation and analysis of data

CHAPTER FIVE

SUMMARY, CONCLUSION, RECOMMENDATION AND BIBLIOGRAPHY

5.1            Summary

5.2            Conclusion

5.3            Recommendation

5.4            Bibliography

CHAPTER ONE

INTRODUCTION

1.1            BANCKGROUND OF STUDY

Bank have traditionally been in the forefront of harnessing technology to improve their products and services. They have over the time, been using electronic and telecommunication networks for delivering a wide range of value added products and services.

The delivery channel include telephone personal computers including Automated Teller Machine (ATM) first introduced in Nigeria by society Generale Bank etc with the popularity of personal computers, easy access to the internet and world-wide web (WWW), internet is increasingly used by banks as a channel of delivering the products. And services too the numerous customers.  Virtually almost all banks in Nigeria have a web presence.

This form of banking is referred to as internet banking which is generally part of electronic banking (e-banking).  The main difference being that tin internet banking, the delivery channel is a public demand. It offers different online services like balance inquiry, request for cheque books, recording stop payment instructions, balance transfer instructions, accounts opening and other form of traditional banking services.  In the banking and financial services internet banking is a product of electronic commerce/banking.

Electronic Banking on the other hand is any type of business transaction that involves the transfer of  information across the Internet it involves