Problems and prospect of the use of credit card in Nigeria banking industry Department: Banking and Finance By: Arinze1 Project ID: 5200 Rating: (3.4) votes: 7Rate this project12345 Price:₦2000 Get the Complete MaterialAbstractThe concept of credit/smart cards is a bit new to the Nigerian economy, unlike the Americans that had the experience since 1951. The analysis was not an easy task. However, the topic is a fascinating area of study. The first chapter, which was the introductory part, traces the origin of credit/smart cards in Nigeria and also defined credit/smart cards and went further to state the problems the work has to tackle later on. The objective and scope of the study were analysed prior to the hypothesis statement, significance and limitation were the reviews of literature related to the topic. The topic has exposed the use of credit cards“old and current practices in Nigeria, the need to replace the indulgent cash attitude of Nigerians with credit/smart cards and proper bank habits. The chapter has its epilogue with problems and prospects of credit cards and theories on credit cards. The third chapter dealt with research methodology, which referred to the statistical methods used: collecting and analyzing the data collected. Primary and secondary data were used and the questionnaire (which constituted the primary data) were analysed using the chi-square method. Chapter four of the study carried the presentation and analysis of data and the testing of the hypothesis. While chapter five as a matter of fact carried the summary, conclusion and scholarly Recommendations. ...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 )»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»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)