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THE CONTRIBUTION OF COMMERCIAL BANK TO THE ECONOMIC GROWTH IN NIGERIA (1980 –2004)
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- Contributor: mr-chris
- engagements: 125
- Case No: 568540ip
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ABSRACT - [ Total Page(s): 1 ]The Operation of Commercial Banks in Nigeria started lately in 19th century and since then their contribution to the economic growth cannot be over emphasized. There is strong acceptance of the proposition that financial institutions and particularly the commercial banks contribute significantly to economic growth. For any country to pursue economic growth, therefore financial resources cannot be avoided. These financial resources are gotten mainly from commercial banks. This essence of commercial banks is not only to make profit for their business but also to make life meaningful to the socie
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CHAPTER ONE - [ Total Page(s): 3 ]CHAPTER ONE1.0 INTRODUCTION1.1 BACKGROUND OF THE STUDYThere are quite a number of interpretations on the term growth. Be it as it may, the problem of economic growth was initially seen largely as an economic problem to be tackled largely by economists. The massive poverty that exist in underdeveloped world was interpreted as low per capita income. Growth in the late 1960s and early 1970s brought into focus a situation of worsening poverty conditions for the poor in many underdeveloped countries despite a fairly good record of growth in national income. ... Continue Reading
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ABSRACT - [ Total Page(s): 1 ]The Operation of Commercial Banks in Nigeria started lately in 19th century and since then their contribution to the economic growth cannot be over emphasized. There is strong acceptance of the proposition that financial institutions and particularly the commercial banks contribute significantly to economic growth. For any country to pursue economic growth, therefore financial resources cannot be avoided. These financial resources are gotten mainly from commercial banks. This essence of commercial banks is not only to make profit for their business but also to make life meaningful to the socie
... Continue Reading
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