FINANCING INVESTMENT FOR GROWTH – THE NIGERIA EXPERIENCE

Introduction

One of the cardinal economic objectives of the developing countries, including Nigeria is to achieve high economic growth that will lead to rapid economic development and reduce poverty. From whatever theoretical angle that one may look at it, economic growth indicates the ability of an economy to increase production of goods and services with the stock of capital and other factors of accumulation, with the right combination of other factors of production will bring about their higher output growth. [Read more…]

Community Banking System In Nigeria And The Promotion Of Rural Development

Community Banking System In Nigeria And The Promotion Of Rural Development
CHAPTER ONE

INTRODUCTION
BACKGROUND OF STUDY
This work has a basis on the identification of the roles of community banking system in promotion of rural development in Nigeria.

The community banking system was launched with the opening of Alheri community bank Kaduna by then president on 31st December 1990 within three years, about 1991 community banks had commended operation nation wide. Today there are over 1000 Community banks in operation throughout the country. [Read more…]

Small Scale Business – Roles And Problems Of Financial Institutions To Growth In Nigeria: (A Case Study Of Union Bank Of Nigeria Plc Enugu)

Small Scale Business – Roles And Problems Of Financial Institutions To Growth In Nigeria: (A Case Study Of Union Bank Of Nigeria Plc Enugu)

Financial institutions have a very great role to play in the growth of small scale business everywhere in the world but I will limit my discussion to their roles in Nigeria. [Read more…]