EFFECT OF COVID-19 ON BANKING SYSTEM IN NIGERIA
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
This study was carried out on the effect of covid-19 on banking system in Nigeria using access bank Yaba branch Lagos state as case study. To achieve this 4 research questions were formulated. The survey design was adopted and the simple random sampling techniques were employed in this study. The population size comprise of the entire Staff of Access bank Yaba branch Lagos state. In determining the sample size, the researcher purposively selected 35 respondents while 30 respondents were validated. Self-constructed and validated questionnaire was used for data collection. The collected and validated questionnaires were analyzed using frequency tables and percentage. While the hypothesis were tested using Chi-square statistical too. SPSS v23. The result of the findings reveals that; 1.There is a significant effect of Covid-19 on Nigeria Banking sector; The Nigerian Government enacted series of measures on banking sectors among which include; Limit imprudent capital distributions, Liquidity buffers, Loans Restructuring, Review supervisory priorities, Capital buffers and to mention but a few; Banking staffs client customers were complied to covid-19 safety measures and monetary policies in a high extent; The challenges banking sector will likely face evenafter Covid-19 include the following; Inadequacy in customer service, Retrieval of funds allocated for business and no business loans, Inadequate human capital supply and many more. Based on the findings, the researcher recommended that from a prudential perspective, banks should follow certain requirements related to restructured loans, using the flexibility embedded in the regulatory framework and Loan classification and provisioning rules should not be relaxed. The use of capital buffers, liquidity buffers and supervisory approach should come to play.
Related Project Materials
EFFECT OF TEACHERS VARIABLES ON THE PERFORMANCE OF SENIOR SECONDARY STUDENTS IN HOLY CHILD SECONDARY SCHOOL
ABSTRACT
This study examines the effect of teachers variables on the performance of senior seconda...
INTERPERSONAL RELATIONSHIPS BETWEEN NIGERIAN MOTHER-IN-AW AND THEIR DAUGHTERS-IN-LAW: PRE-MARITAL AND FAMILY COUNSELLING IMPLICATIONS
Abstract:- Policies that discourage violence against women and girls abound in Nigeria but have not been eff...
THE PERCEPTION OF STUDENTS AND TEACHERS TOWARDS THE IMPLEMENTATION OF COMPUTER BASED TEST (CBT) MODE OF EXAMINATION IN SELECTED HIGHER INSTITUTIONS IN NIGERIA
ABSTRACT
This study was carried out on the perception of students and teachers towards the implementati...
DESIGN AND IMPLEMENTATION OF AN ON-LINE LAN KNOWLEDGE-BASED SYSTEM
PURPOSE OF THE STUDY
The purpose of the study is to design a system which shall render...
ANTIBACTERIAL ACTIVITY OF THE LEAF EXTRACTS OF ALCHORNEA CORDIFOLIA (Euphorbiaceae) AGAINST ISOLATES FROM PATIENTS WITH RESPIRATORY TRACT INFECTION IN UNIVERSITY TEACHING HOSPITAL
ABTRACT
Many bacterial species have been reported to develop resistance to antibiotics commonly prescribed for respiratory tract infectio...
THE PROBLEMS OF EFFECTIVE UTILIZATION OF REVENUE AVAILABLE TO LOCAL GOVERNMENTS IN NIGERIA (A CASE STUDY OF ANINRI LOCAL GOVERNMENT AREA OF ENUGU STATE)
ABSTRACT
When the researcher chose this topic: THE PROBLEMS OF EFFECTIVE UTILIZATION OF REVENUE AVAILABLE TO LOCAL GO...
Read more
MANAGING A COOPERATIVE SOCIETY AS SMALL BUSINESS VENTURE
ABSTRACT
Co-operative society was introduced into Nigeria in 1935.The objective include the pooling of...
LEADERSHIP STYLE AND ITS IMPACT ON ORGANIZATIONAL PERFORMANCE
Abstract
This project is designed to investigate leadership styles and its impact on organizational per...
FACTOR'S AFFECTING UTILIZATION OF PRIMARY HEALTH CARE FACILITIES
BACKGROUND OF THE STUDY
The goal of primary health care (PHC) was to provide accessible health for all by the year 2000...
AN EVALUATION OF THE IMPACT OF GENDER EQUALITY ON WOMEN’S RIGHT TO WORK OUTSIDE MATRIMONIAL HOME IN ISLAMIC LAW
BACKGROUND OF THE STUDY
All human beings, according to Islam, are members of the same family, with the...
