This project work examines the meaning of interest, the effects
of interest on Nigeria Banking Industries and other related aspects
interest rate. It is also focuses on the effect of interest rates on
United Bank for Africa and in order to develop a project work like this,
certain research methodologies and techniques, were employed and it was
concluded that interest rates has a great effects (negative or
positive) on the Banking Industry in Nigeria.
Central bank of Nigeria (CBN) as a bank to the Government has so many
role to play in an economy. One of the important roles of central bank
is the control and regulation of interest rate on banks. The
deregulation of interest rates on banks in Nigeria and its effects is
the subject matter of this study.
Thus, this chapter cover the general principles of interest rates
with emphasis on purpose of the study, scope of the study, significance
of the study, limitation of the study and definition of terms.
1.1 THE PURPOSE OF THE STUDY
The purpose of the study is to examine how the central bank of
Nigeria (CBN) regulates the interest rate and to know the specific
effects of the interest deregulation in Nigeria banking industries.
Looking at United Bank for Africa (UBA), we are drawing information from
their activities and this enable us to know the specific interest rates
deregulation in Nigeria Banking industries.
1.2 THE SCOPE OF THE STUDY
The scope of the study is primarily to highlight the effect of
interest rates deregulate which intends to cover the following target
i. Central bank as a body controlling or deregulating interest rates.
ii. Activities of united bank for Africa on which interest are chargeable.
iii. General bank accounts and credits, which are also liable interest rate.
iv. How the deregulation has affected the banks and particularly
united bank for Africa (UBA) where we are testing our hypothesis.
v. Various journals and publications.
We hope to use some statistical method to obtain
relevant information from the said Targeted Bank UBA, also, we used
primary source of information in which we have questionnaires and
personal interview of relevant literature textbook, magazines periodical
and newspapers for proper presentation.
1.3 THE SIGNIFICANCE OF THE STUDY
This will reveal the importance of the research work, its benefit end
contributions in the provision of the subject matter. This study is set
out to find the interest rates deregulation in banking industries.
Despite the control of central bank of Nigeria (CBN) in banking sectors,
it could still be seen that interest rate in banking industries are
weakened all the while.
1.4 THE LIMITATION OF THE STUDY
Since all area of human endeavour are characterized by some limiting
factors and a research effect of this nature is therefore no exception.
Therefore the major constraints of there research work are:
i. TIME: It is indeed pertinent that we have a very
little time within our reach. Therefore we need to manage the source we
could quickly lay our hands upon so as to be able to finish the work
within the allocated time.
ii. FINANCIAL CONTRANT: The writer of the project
would have loved to cover wider but this is not possible due to the
limited amount of money we gave with us. We spent all we could to our
hands upon to put the work through.
iii. OTHER LOGICAL REASONS: This are some other
reasons which made us limit our research to this area we have mentioned.
For example, it is not easy to go through out the nation to source
information and also the widespread of various banks we have.
Finally, we hope that at the end of reading this project work, the
reader must have been well acquainted with what is know as interest rate
deregulation in bank its effects on Nigeria banks and how the banks
operate under the banking system.
A Research proposal for the effects of interest rates deregulation in nigeria banking industries:
Reviews: A Review on the effects of interest rates deregulation in nigeria banking industries, effects, interest, rates project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
This project work examines the meaning of interest, the effects of interest on Nigeria Banking Industries and other related aspects interest rate. It is also focuses on the effect of interest rates on United Bank for Africa and in order to develop a project work like this, certain research methodologies and techniques, were employed and it was concluded that interest rates has a great effects (negative or positive) on the Banking Industry in Nigeria... banking and finance project topics
THE EFFECTS OF INTEREST RATES DEREGULATION IN NIGERIA BANKING INDUSTRIES