The Status of Information Communication and Technology in Financial Institutions in Nigeria

Anthony Owojori

MPRA Paper from University Library of Munich, Germany

Abstract: This paper focuses on an application of Information Communication and Technology in Nigeria Financial Institution like the use of Automated Teller Machine (ATM), Smart Cards etc. It also embraces the role of information technology in our contemporary environment. The computerization of Nigeria financial institution was not left out from the discussion of the subject matter. The value of information communication and technology in financial institution together with methodology and hypothesis were critically analysed to consolidate the important of information technology in financial institution. Finally, the summary and recommendations were given to enhance the greater efficiency in Banking Industry in the post consolidation and recapitalization of financial Institution.

Keywords: Automated Teller Machine, information and communications technology; technological breakthroughs; centralized architecture; global depository receipt (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2009-08-25
New Economics Papers: this item is included in nep-afr and nep-ict
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:16783

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