Impact of electronic payment system in Nigeria financial institution Department:Banking and Finance By: Afazco Project ID: 2626 Rating: (3.3) votes: 6 Price:₦5000 Get the Complete MaterialAbstractThis study was informed by the doubts as regards the Impact of Electronic payment system in Nigeria Financial institutions. Therein, the recent evolution of electronic money poses interesting questions for policy makers all over the world. This work also seeks to evaluate the policies of the Central Bank of Nigeria as well as to proffer valuable recommendations on the execution of the e-payment initiative in Nigeria. The study presents significant recommendations such as availability and sufficient and well-functioning infrastructure facilities, regular assessment of the performance of electronic payment channels individually and collectively consideration of the present structure of the economy redesigning of the monetary policy framework towards economic growth, whilst managing inflation. In conclusion, the shift towards electronic payment in Nigeria seems to be beneficial though, it comes with a high level of concern over security and management of cost savings resulting from its implementation. Keywords: Electronic Payment, Central Bank of Nigeria, Monetary policy, Nigeria financial Institution...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)