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The Effects of Interest Rates Deregulation in Nigeria Banking Industries

The Effects of Interest Rates Deregulation in Nigeria Banking Industries

Project / Seminar Material
Reference ID: PS-11676-TM

DEDICATION

This research material titled “The Effects of Interest Rates Deregulation in Nigeria Banking Industries” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Banking and Finance (BF), Book Authors and Profound Scholars of existing or related project material on “The Effects of Interest Rates Deregulation in Nigeria Banking Industries” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

TABLE OF CONTENTS

PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”

    ABSTRACT

    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.


    The Effects of Interest Rates Deregulation in Nigeria Banking Industries

    CHAPTER ONE

    1.0 Introduction

    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 are:

    1. Central bank as a body controlling or deregulating interest rates.
    2. Activities of united bank for Africa on which interest are chargeable.
    3. General bank accounts and credits, which are also liable interest rate.
    4. How the deregulation has affected the banks and particularly united bank for Africa (UBA) where we are testing our hypothesis.
    5. 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 Constraint:

    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.

    CHAPTER TWO

    2.0 Literature Review

    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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