DEVELOPMENT FINANCING IN NIGERIA

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DEVELOPMENT FINANCING IN NIGERIA

ABSTRACT

The main objective of the study is to discuss the role of Development Finance by Regulatory Agencies in

Nigeria namely Central Bank of Nigeria and Nigeria Deposit Insurance Corporation of Nigeria. In the

Review of the related Literature, the topics handled are Development Banking in Nigeria, Nigerian

Industrial Development Bank, the Central Banking Era and Era of Banking Legislation and International

Finance Institutions. It is found that the hierarchy of a typical Finance Organisation starts with the

Board of Directors in charge of financial policy formulation and the Treasurer and Controller who are in

charge of Financial Policy Implementation. It is found that the difference between the World Bank and

IMF is that World Bank makes loans for both policy reforms and projects while IMF is concerned with

policies. It is also found that the system ‘s cybernetic model has five components: inputs, transform,

output, feedback and control.

TABLE OF CONTENT

Title page- – – – – – – – – i

Approval page – – – – – – – -ii

Dedication – – – – – – – – -iii

Acknowledgement – – – – – – – -iv

Abstract – – – – – – – – – -v

Table of content – – – – – – – -vi

CHAPTER ONE

INTRODUCTION – – – – – – – -1

1.0 Background of the study – – – – -1

1.1 Statement of the problem – – – – -5

1.2 Purpose of the study – – – – – -6

1.3 Significance of the study – – – – -8

1.4 Research questions – – – – – -9

1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39

Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60

Conclusion – – – – – – – – -61

Recommendations – – – – – – – -62

Suggestions for further research – – – – -64

References – – – – – – – – -65

Appendix I – – – – — – – – -68

Questionnaire. – – – – – – – -69

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