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

Author

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  • Owojori, Anthony A.

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.

Suggested Citation

  • Owojori, Anthony A., 2009. "The Status of Information Communication and Technology in Financial Institutions in Nigeria," MPRA Paper 16783, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:16783
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    File URL: https://mpra.ub.uni-muenchen.de/16783/1/MPRA_paper_16783.pdf
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    More about this item

    Keywords

    Automated Teller Machine; information and communications technology; technological breakthroughs; centralized architecture; global depository receipt;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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