ABSTRACT
In this research study titled an evaluation of the impact of Nigerian deposit insurance corporation on Nigerian economy. The objective of the study was to know if the purpose of introduction of NDIC in the Nigeria financial institution has actually actualized its aim sine 1989 till date
The researcher used oral interview and questionnaire to obtain all the necessary information including secondary data.
It was discovered that within the period the number of bank distress reduced and people are now having confidence in the Nigerian commercial banks
It was also discovered that it does not allow commercial banks to relax they check their activities from time to time
It is also being understand that banks are business which is intermediations conpced with the activities of the Apex bank as a regulatory body
Background of The Study.
Started in 1892. The ACB bank, but when the bank was managed by colonial masters there was a lot of disparity in employment given out loans to Nigeria indigenes and also having their head office in London. The Nigeria citizen objected to that and formed their own bank which was ruined by poor management, fraud, inadequate capital and other problems.
Bank distress has always being the case, in 1950’s we have 25 banks got distressed. In 1980’s the IBB Babangida Administration introduced SAP to reduce the over dependence on oil sector to Agricultural sector and bank deregulation. Many banks also got distressed, because of these, in march 1988, the Nigeria government thought of establishing Deposit insurance scheme as obtainable in other countries of the world like in America it was introduced in 1933 to regulate and monitor banks failure and distress because of this, the Nigeria deposit insurance scheme was into operation in June 1989 to regulate and monitor the activities of the commercial banks and also to protect bank depositors and also to restore confidence in the banking industry. Since then, the issue of bank distress has reduced the case in front is to know the roles activities of the Nigeria deposit insurance and to know if the services are adequacy both to the bank depositors and the Nigeria economy.
Statement Of The Problem.
The problem under the study is to reveal the activities of the
Nigeria despot insurance since it was established in 1988 and know the situation before their establishment.
In a nutshell the statement of the study are:
Objective Of The Study.
In this study, the objective can be summarized thus.
Significant Of The Study.
In this study a lot of importance will be derived such as
Scope And Limitation Of The Study.
The scope of the study is limited to Nigerian Deposit insurance office at independence layout Enugu, which services as their regional office
The limitations of the study are
1 TIME: the researcher is a final year student coupled with finding area of industrial attachment and academic work involvement
2. MONEY: money is scare of everybody let alone a student who is not working so they all contributed to the impediment but something was achieved at the end, hence this project that is above to be completed.
Definitions Of Terms.
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Format: | Ms Word | ||
Chapters: | 1-5 | ||
Pages: | 75 | ||
Attributes: | Abstract, Table Of Content, Questionnaire, Data Analysis | ||
Price: | ₦5000 | ||
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