An Appraisal Of The Economic Implications Of Electronic Banking In Nigeria Bank (A Study Of First Bank Nigeria Plc.) 1994-2011
ABSTRACT
Banking operations in
the country is currently anchored on the platform of the revolutionary
technological innovation of electronic banking. This study was undertaken to
examine the economic implications of electronic banking taking First Bank Plc
as a study: The study made use of time series data of economic growth and
microeconomic total income variables of First Bank Plc for the statistical
analysis. The regression results of the estimated model indicated that there is
a positive and statistically significant relationship between total income
variables of First Bank Plc for the statistical analysis. The regression result
of the estimated model indicated that there is a positive and statistically
significant relationship between total income of First Bank Plc and economic
growth. Recommendations made include the need for banks to maintain the current
tempo of electronic banking in their operations and Central Bank of Nigeria to
hasten up with the cashless economy policy in order to stimulate economic
growth.
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CHINEDU, N (2021). An Appraisal Of The Economic Implications Of Electronic Banking In Nigeria Bank (A Study Of First Bank Nigeria Plc.) 1994-2011. Repository.mouau.edu.ng: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/an-appraisal-of-the-economic-implications-of-electronic-banking-in-nigeria-bank-a-study-of-first-bank-nigeria-plc-1994-2011-7-2
N, CHINEDU. "An Appraisal Of The Economic Implications Of Electronic Banking In Nigeria Bank (A Study Of First Bank Nigeria Plc.) 1994-2011" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 08 Jul. 2021, https://repository.mouau.edu.ng/work/view/an-appraisal-of-the-economic-implications-of-electronic-banking-in-nigeria-bank-a-study-of-first-bank-nigeria-plc-1994-2011-7-2. Accessed 23 Dec. 2024.
N, CHINEDU. "An Appraisal Of The Economic Implications Of Electronic Banking In Nigeria Bank (A Study Of First Bank Nigeria Plc.) 1994-2011". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 08 Jul. 2021. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/an-appraisal-of-the-economic-implications-of-electronic-banking-in-nigeria-bank-a-study-of-first-bank-nigeria-plc-1994-2011-7-2 >.
N, CHINEDU. "An Appraisal Of The Economic Implications Of Electronic Banking In Nigeria Bank (A Study Of First Bank Nigeria Plc.) 1994-2011" Repository.mouau.edu.ng (2021). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/an-appraisal-of-the-economic-implications-of-electronic-banking-in-nigeria-bank-a-study-of-first-bank-nigeria-plc-1994-2011-7-2