THE ROLE OF FINANCIAL INSTITUTIONS IN THE DEVELOPMENT OF AN ECONOMY
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 67 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 5,087 times
Delivery: Within 24 hoursTHE ROLE OF FINANCIAL INSTITUTIONS IN THE DEVELOPMENT OF AN ECONOMY (A CASE STUDY OF NIGERIAN AGRICULTURAL AND CO-OPERATIVE BANK, OGUI – ENUGU)
ABSTRACT
The banking system and financial institutions is one of the fastest growing and developing sectors of paramount importance in the Nigeria economy. The role of the various banking ad non-banking financial institutions in the provision of different types of industrial and agricultural finance are fully appraised.
In examining the role of financial institutions in economic developments, the following theoretical concepts usually constitute the focus of attention, namely;
- The domestic mobilization of financial resources is essential for capital formation and accelerated growth.
- An efficient allocation of available resources is of importance in the development process.
- Financial institutions offer an efficient institutional mechanism through which resources can be mobilized and directed from less essential uses to more productive investment.
The role of financial institutions in Nigeria is so crucial in the economic emancipation, as such roles help the economy of developing nation find its real position in the world economy and improves the standard of living of such nation.
The researcher tried to examine the adequacy and relevance of the institutions and the structure of the financial system of meet the needs of the economy for rapid development and also to know whether they play the role for which they were established.
In order to write the project, research was done on some of these banks and financial institutions like central bank of Nigeria, commercial banks, merchant banks and development banks.
Finally, the researcher also carried out thorough investigations to show all the claims of some financial institutions and hence recommendations were made.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
INVESTIGATING FORENSIC AUDIT AS A PANACEA FOR PREVENTING CORPORATE FRAUD IN CAMEROON'S PUBLIC SECTOR
CHAPTER ONE INTRODUCTION 1.1 Background of the study The proliferation of financial crimes in these developing economies is concerning and catastrophi...More »
Item Type: Project Material | 54 pages | 685 engagements |
- 2.
INTERNAL AUDIT: EXAMINING ITS ROLE IN ENSURING ETHICAL CONDUCT IN CHENWI-ASSOCIATES, CAMEROON
INTERNAL AUDIT: EXAMINING ITS ROLE IN ENSURING ETHICAL CONDUCT IN CHENWI ASSOCIATES, CAMEROON CHAPTER ONE INTRODUCTION Background of the Study Auditin...More »
Item Type: Project Material | 54 pages | 578 engagements |
- 3.
EXTERNAL AUDIT AND QUALITY OF ACCOUNTING AND FINANCIAL INFORMATION IN THE CAMEROONIAN PUBLIC SECTOR
CHAPTER ONE INTRODUCTION 1.1 Background of the study The main purpose of external audit as a governance mechanism is to enhance the accuracy and trust...More »
Item Type: Project Material | 54 pages | 672 engagements |
- 4.
EXAMINING THE ROLE OF FORENSIC AUDIT IN DETECTING FINANCIAL FRAUDS IN THE CAMEROONIAN PUBLIC SECTOR:...
CHAPTER ONE INTRODUCTION 1.1 Background of the study Forensic auditing and forensic accounting are often used interchangeably. It has been officially ...More »
Item Type: Project Material | 54 pages | 608 engagements |
- 5.
EXAMINING THE IMPACT OF THE AUDIT REPORT ON INVESTMENT IN FINANCIAL INSTITUTIONS IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study According to the Companies Act, all registered companies must present audited accounts to their s...More »
Item Type: Project Material | 54 pages | 566 engagements |
- 6.
EXAMINATION OF CHALLENGES ENCOUNTERED BY INTERNAL AUDITORS IN PUBLIC SECTOR AUDIT OF CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study The demand for internal auditing mostly arises from the necessity for an independent verification...More »
Item Type: Project Material | 54 pages | 624 engagements |