Skip to main content

THE IMPACT OF THE CBN'S CASHLESS POLICY ON THE DEVELOPMENT OF THE FINANCIAL SECTOR OF NIGERIA


ATTENTION:
BEFORE YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!

INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420


THE IMPACT OF THE CBN'S CASHLESS POLICY ON THE DEVELOPMENT OF THE FINANCIAL SECTOR OF NIGERIA

ABSTRACT

Financial transactions involving the use and movement of physical cash are gradually declining with the introduction of the CBN€™s Cashless policy. This development has been of great concern to economist, the government of Nigeria and financial institutions. This aim of this study is to evaluate financial and economic transactions under the new CBN€™s cashless policy and how the development has enhanced the financial sector of the economy of Nigeria. Concerning methodology, both primary and secondary data were used for the study. Respondents mostly bank employees and customers were issued well design and structured questionnaires to effectively examine the new developments brought about by the introduction of the cashless policy with respect to how financial transactions are being managed and the overall impact the cashless policy has had on the development of the financial sector of the economy of Nigeria. Hypotheses were formulated to test assumptions and claims generated from the study. The T-test was employed to test the statistical significance of the estimated parameter at a 5% level of significance. R-squared was used to test the measure of goodness of fit of the models developed for the study.  Moreover, F-statistics was also used to test the joint statistical significance of the explanatory variable and the dependent variable. The study concludes that both cashless technological money i.e e-money and cash currency should be in the economy simultaneously, e-money alone cannot operate successfully in an economy except the few privileged will oppress the majority who are less-priviledged

The development of innovative cashless banking has the potential to transform economic activity and achieve developmental goals. If an effective cashless banking system can be developed and the below recommendations are carried out then it will have desired impact on the Nigerian economy. Therefore, trusted central banks and governments must play a key role in promoting the development of popular forms of e-banking channels.

TABLE OF CONTENT

CHAPTER ONE

INTRODUCTION

1.1 Background to the Study

1.2 Statement of the Problem

1.3 Objectives of the Study

1.4 Research Questions

1.5 Hypotheses of the Study

1.6 Significance of the Study

1.7 Scope of the study

References

CHAPTER TWO

LITERATURE REVIEW

2.0. Introduction

2.1.  Conceptual Review

2.2.1.  A Glimpse at Pre-Cashless Policy Era

2.1.2. Conceptualizing Cashless Economy

2.1.3 Cashless Policy and Electronic Payment via E-banking

2.1.4.     Type of Electronic Banking

2.1.5.   Challenges of Cashless Policy Implementation in Nigeria

2.1.6.  Prospects of Cashless Policy

2.1.7. Relative Rationale and Impact of a Cashless Economy

2.2. Theoretical Review

2.2.1.     Rogers€™ Diffusion Theory

2.3 METHODOLIGICAL REVIEW

2.4.  EMPIRICAL REVIEW

2.4.   Summary of Literature

References

CHAPTER THREE

RESEARCH  METHODOLOGY

3.1 Introduction

3.2 Research Design

3.3 Population

3.4 Sample and Sampling Technique

3.6 Sources of Data

3.7 Instrument for Data Collection

3.8 Data Analysis Technique

References

CHAPTER FOUR

DATA ANALYSIS AND INTERPRETATION

4.1 Introduction

4.2 Demographic Information of the Respondents

4.3 Analyzing Section B of the Questionnaire

4.4. Analysis of the research Hypothesis   

4.4.1    Data Estimation and Evaluation Techniques

Model Estimation

CHAPTER FIVE

SUMMAY OF FINDINGS, RECOMMENDATION AND CONCLUSION

5.0. Introduction

5.1. Summary of Major Findings

5.2.   Conclusion

5.3.  Recommendation

5.4.  Suggestion for further Studies

BIBLOGRAPHY
HOW TO GET THE FULL PROJECT WORK

PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).

HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5,000) into our bank Account below, send the following information to
08068231953 or 08168759420

(1)    Your project topics
(2)     Email Address
(3)     Payment Name
(4)    Teller Number
We will send your material(s) after we receive bank alert

BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.

OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.



FOR MORE INFORMATION, CALL:
08068231953 or 08168759420


AFFILIATE








Comments

Popular posts from this blog

PUBLIC RELATION A TOOL FOR CONFLICT RESOLUTION (A CASE STUDY OF PHCN)

  ATTENTION: BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!   INFORMATION: YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420       PUBLIC RELATION A TOOL FOR CONFLICT RESOLUTION (A CASE STUDY OF PHCN) ABSTRACT A public relations is the acts of employing effective communication to build sustain and defend organization’s reputation among both its internal and external publics. Remarkably which any organizations public image receives a high rating bases on the foregoing attributes it translates into increased public confidence patronage good will higher profit growth peaceful and stable environment The researcher’s inte

THE NIGERIAN POLICE AND CRIME MANAGEMENT IN NIGERIA

ATTENTION: BEFORE YOU READ THE CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU! INFORMATION:        YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420 THE NIGERIAN POLICE AND CRIME MANAGEMENT IN NIGERIA CHAPTER ONE      Background of the study Statement of problem Research questions Significance of study Research objectives Scope of study CHAPTER TWO     Literature review CHAPTER THREE Research methodology The population and sample Content validity Reliability of instrument Research instrument Administration of questionnaire Collection of data Data analysis CHAPTER FOUR   Analysis CHAPTER FIVE     Summary, conclusion and recommendations Conclusion Recommendatio

PRIVATIZATION AND COMMERCIALIZATION OF PUBLIC ENTERPRISES IN NIGERIA: AN APPRAISAL OF TELECOMMUNICATION

  ATTENTION: BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!   INFORMATION: YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420                                                  PRIVATIZATION AND COMMERCIALIZATION OF PUBLIC ENTERPRISES IN NIGERIA: AN APPRAISAL OF TELECOMMUNICATION ABSTRACT It is because of social issues like economic inequalities, unemployment that made the state to interfere in economy of Nigeria. Government chose public sector as a means or medium for economic and social development due to poor managerial skill, weak technological base etc, this enhanced the zeal to establish various enterprise institu