THE STUDY OF THE IMPACT OF UNIVERSAL BANKING IN NIGERIA FINANCIAL SYSTEM .

INTRODUCTION  1.1BACKGROUND OF THE STUDY  The performance of the Nigeria banking sector has been a serious concern to the generality of Nigeria. Such Nigerians includes but are not restricted to politicians, the military, the academic community  , industrialist , traders, and even the peasant community. As one reflects on the present state of the sector, one cannot but come to the sad conclusion that all is not well.  Actually, the method of expressing the dissentient within the banking sector may be varied but there is umainity in feedings. These feelings have one interpretation, which can be described in a polite language as bewilderment at the modes of operation of banks.  The questions that readily comes  to mind is encapsulated in one sentence; what is wrong with our banking sector ? other questions fact draws from this includes.  (i)Is the problems that of management ? (ii)Is the problem that of poor regulatory policy by the controlling authorities ? (iii)Is the Nigeria banking environment inherently defective ? Whatever the reasons that can be adduced for the unimpressed performance of this subsection, one thing is crystal clear, the banking sector is sick and may have lapsed into comma, therefore a serious surgical operations may be required to revitalize and sanitize it.  Furthermore, inspite of drastic changes that took place in the Nigeria Banking sector within the last decade in the area of institutional  framework, legal and regulatory financial, the overall performance of this industry can be said to be grotesque, absend and in congruous with the expectation of Nigerians. (Emekewue, 2003) . With the ever – increasing deregulation and liberalization of the financial system and the revolution in information technology, the Nigeria economy cannot but be affected by the globalization of the world economy. It will be faced with foreign competition for it is handily position for Nigeria to benefit from position result  this phenomenon,  such as capital flows, it  mater have a health and sound financial system and institution with the capacity to play the global gave efficiently and effectively (CBN) Ballion 2003 Moreover, within the context of globalization, deregulation and liberalization, the preference will before a system that permits unfettered choice which is a vote for the universal banking, where the financial bankers between banks are removed and scope and operation of banks enhanced.  This, the concept of universal banking will allow banks the authority to decide on its portfolio of business, select appropriate delivery channels and faculties within an appropriate and applicable regulatory framework. The distinction between money, capital market and insurance business is survived, and the emergence of large financial conglomerates and banking group will be encourage. 
TABLE OF CONTENTS TITLE PAGE IIAPPROVAL IIIDEDICATION IVACKNOWLEDGEMENT VPROPOSALVIIITABLE OF CONTENTS IXLIST OF TABLES LIST OF FIGURES 
CHAPTER ONE 1.0INTRODUCTION 11.1BACKGROUND OF THE STUDY1.2STATEMENT OF THE PROBLEM 41.3PURPOSE / OBJECTIVE OF THE STUDY 51.4RESEARCH QUESTIONS 61.5RESEARCH HYPOTHESIS 71.6SIGNIFICANCE OF THE STUDY 91.7SCOPE , LIMITATIONS AND DELIMITATIONS 101.8OPERATION OF TERMS 11
CHAPTER TWO 1.0REVIEW OF RELATED LITERATURE 2.1OVER – VIEW OF NIGERIA FINANCIAL SYSTEM 162.2REVIEW OF AN TEMPORARY DEVELOPMENT TO NIGERIA BANKING SYSTEM 172.3NIGERIA FINANCIAL SYSTEM PRIOR TO THE ADOPTION OF THE PRINCIPLE OF UNIVERSAL BANKING 212.4HISTORY OF UNIVERSAL BANKING IN NIGERIA 272.5IMPERATIVE FOR UNIVERSAL BANKING IN NIGERIA 302.6MODEL OF UNIVERSAL BANKING IN SELECTED COUNTRIES 32
CHAPTER THREE 3.0DESIGN AND METHODOLOGY 3.1RESEARCH DESIGN 393.2AREA OF STUDY 393.3POPULATION 393.4SAMPLE AND SAMPLING TECHNIQUES 403.5INSTRUMENTS OF DATA COLLECTION 423.6METHOD OF DATA PRESENTATION 423.7METHOD OF DATA ANALYSIS 423.8DECISION RULE 43
CHAPTER FOUR 4.0DATA PRESENTATION AND ANALYSIS 4.1DATA PRESENTATION 454.2TESTING HYPOTHESIS 574.3DISCUSSION OF FINDINGS 57
CHAPTER FIVE 5.0FINDINGS, RECOMMENDATION AND CONCLUSION 765.1SUMMARY OF FINDINGS 765.2RECOMMENDATION 785.3CONCLUSION 805.4SUGGESTION FOR FURTHER STUDIES  81BIBLIOGRAPHY83APPENDIX         1.COVERING LETTER 862.QUESTIONNAIRE 863.CRITICAL VALUE OF CHI – SQUARE91 DISTRIBUTION TABLE