THE ROLE OF FINANCIAL INSTITUTIONS IN EXPORT FINANCING IN NIGERIA FROM 2006 –2012
(A CASE STUDY OF FIRST BANK OF NIGERIA PLC ONITSHA BRANCH)
Click here to download our android mobile app to your phone for more materials and others
COMPLETE PROJECT MATERIAL COST 3000 NAIRA
ORDER NOW
GTBANK
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER: 0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631
We also accept : ATM transfer , online money transfer
OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.
form>
Call Help Desk Line : 08074466939,08063386834.
After Payment Send Your Payment Details To
08074466939 Or 08063386834, The Project Title You Selected On Our Website , Amount Paid, Depositor Name, Your Email Address, Payment Date. You Will Receive Your Material In Less Than 1 Hour Once We Confirm Your Payment.
WE HAVE SECURITY IN OUR BUSINESS.
MONEY BACK GUARANTEE
You may also need: web design company in Nigeria
ABSTRACT
The primary objectives of this study was to examine how the financial institution export finance in Nigeria using First Bank of Nigeria Plc Onitsha branch as a case study. In carrying out this study, I used survey method in which I used the questionnaire to collect data. The target population was the staff of first bank of Nigeria Plc Onitsha Branch from which a sample of 80 was drawn. I used research questions and formulated research hypotheses. The relevant literature was reviewed for the study. The data were collected, presented analyzed and hypotheses tested using chi-square. At the end of the study a number of recommendations were made for further studies and on how to improve the Nigeria financial export in Nigeria and how to encourage the institutions for expansion and modernization.
ii
TABLE CONTENTS
CHAPTER ONE: INTRODUCTION
- Background of the Study:……………………………………………………….3
- Statement of Problems:.………………………………………………
- Purpose of the Study:………………………………………………………
- Significance of the Study:………………………………………………
- Research Questions:………………………………………………………………8
- Formulation Hypothesis………………:…………..……………9
ii
- Limitation of the Study:……………………………………………………
- Definition of Terms :…………………………………………………………
CHAPTER TWO: LITERATURE REVIEW
- Mexim Annual Statement of Account of 1999
Foreign Sources ……………………………………………
- Sources of Finance For Export …………………
- The role of Financial Institution ………………………..………………18
- Factors Militating Against Export
- Historical Background to Export F
- Policy Instrument:…………………….…………………………………………
- Duty Draw Back/Suspension Manufac
CHAPTER THREE: RESEARCH METHODOLOGY
- Area of the Study :……………………………………
- Population of the study:………………………
- Sample and Sampling Technique:…………………………………
- Instrument for Data Collection :…
ii
- Validation of the Instruments…..…
- Distribution and Retrieval of the
- Method of Data Collection and Analysis:……………………………..…35
- Analysis:………………………………………………………………
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
- Finding and Discussion of Finding Questionnaires
Distribution………………………………………………………
CHAPTER FIVE
- Summary of findings, conclusions and Recommendatio
- Summary of Findings:…………………………………………….……
- Conclusion:……………………………………………………………..………
- Recommendations:……………………………………………………………
Appendix:……………………………………………………………………
Questionnaire :……………………………………………51
Bibliography :………………………………………………………
ii
CHAPTER ONE
THE ROLE OF FINANCIAL INSTITUTIONS IN EXPORT FINANCING IN
NIGERIA
INTRODUCTION:
Financial institutions are organizations which deal basically in money.
`They constitute the financial framework of an economy. Financial institutions help to pool savings and excess liquidity from millions of individuals and firms within the country and make them available to those who need them for various purposes.
Financial institutions include commercial bank (Joint stock banks) discount houses, the central bank, saving banks, development bank (BOI), insurance companies, hire purchase companies, the national providence fund, the stock exchange building etc.
Before the introduction Nigeria export- import bank (NEXIM) in Nigeria as at 1999 the commercial banks were generally referred to retail bankers, while merchant banks were known as wholesale bankers.
ii
However the two operate and offer almost the same services that any line of demarcation is now rather fussy- one can only say that the distinguishing factor between the two sectors of the banking industry is that the commercial banks are members of the central bank of Nigeria (CBN) clearing house, While the merchant bank are not members of the Central Bank clearing house.
Another contentious factor is the licence granted merchant banks to take companies to capital market which the Nigeria stock exchange denied the commercial licensed them to do so, the introduction of the universal banking system of divide effect. A trader could approach either commercial or merchant bank for financing facility for his transactions. They can provide both short and long term facilities and can design any product which meets any requirements of customers.
The Nigeria export-import bank (NEXIM) was established in 1988 but commenced operations in January 1991. The bank was established to provide mainly short term financing for exporters who need working capital to buy hair activities. Among the function of the banks is the maintenance of a foreign exchange revolution fund which
ii
is to be made available as loans to exporters who need to export machineries, raw materials and spare parts to satisfy export orders. It can also consider loans involving domestic trade which are likely to assist exports.
- BACKGROUND OF THE STUDY
The banking system has been integral part of the structural reforms and it has a leading role in management of policy change. The role of financial institutions in export financing is that of a cartelist and a committed broker. It ranges from assisting company and individual on how to enter export market through financing and handing shipping document and collect export proceedings.
Generally an export can meet his financing needs in the following number of ways.
This article highlights various college of education, polytechnics, universities website in Nigeria.
Adeyemi College of Education, Ondo,
Alvan Ikoku College of Education, Owerri,
Alvan Ikoku College of Education, Owerri,
Federal College of Educ. Abeokuta,
Federal College of Education, Eha-Amufu,
Federal College of Education, Kano,
Federal College of Education, Katsina,
Federal college of Education, Kontagora,
Federal College of Education, Obudu,
Federal College of Education, Okene,
Federal College of Education, Okene,
Federal College of Education, Pankshin,
Federal College of Education, Yola,
Federal College of Education, Zaria,
Federal College of Education (Technical), Akoka,
Federal College of Education (Technical), Asaba,
Federal College of Education (Technical), Bichi,
Federal College of Education (Technical), Gombe,
Federal College of Education (Technical), Gusau,
Federal College of Education (Technical), Omoku,
Federal College of Education (Special) Oyo,
State college of education
Akwa-Ibom State College of Education, Afaha-Nsit,
College of Education, Akwanga, ., form and admissions list
College of Education, Akwanga,
Cross River State College of Education, Akamkpa,
Adamu Augie College of Education, Argungu,
Bayelsa State College of Education, Okpoama,
Emmanuel Alyande College of Education, Oyo,
Enugu State College of Education (Tech.) Enugu,
College of Education, Ekiadolor,
Umar Suleiman College of Education, Gashua,
College of Education, Gindiri,
Michael Otedola College of Primary Education, Moforiji,
College of Education, Port Harcourt,
Adeniran Ogunsanya College of Education, Otto,
Tai Solarin College of Education, Ijebu-Ode,
Tai Solarin College of Education, Ijebu-Ode,
Ebonyi State College of Education, Ikwo,
College of Education, Ikere,
College of Education, Ilesha, .
College of Education, Jalingo,
Kano State College of Education, Kumbotso,
Kebbi State College of Education, Argungu,
Nwafor Orizu College of Education, Nsugbe,
Oyo State College of Education, Oyo,
FCT College of Education, Zuba,
Private college of education in Nigeria
Angel Crown College of Education, Gidan-Daya, .
Elder Oyama Memorial College of Education, Ofat-Adun,
Assanusiyah College of Education, Odeomu,
African Thinkers Community of inquiry College of Education,
Best Legacy College of Education, Ikirun,
Bauchi Institute for Arabic and Islamic Studies, .
Calvin Foundation College of Education, Naka,
Harvard Wilson College of Education, Aba,
Hill College of Education, Akwanga,
Institute of Ecumenical Education, Enugu,
College of Education, Foreign Links Campus Moro,
College of Education, Foreign Links Campus Moro,
Diamond College of education aba
Muhyideen College of Education, Ilorin,
ONIT College of Education, Abagana, .
The African Church College of Education, Lagos,
St. Augustine College of Education, Yaba,
Yewa Central College of Education, Ogun,
List of Federal Universities in Nigeria
Abubakar Tafawa Belewa University,
Ahmadu Bello University, Zaria,
Bayero University, Kano,
Federal University of Tech, Akure,
Federal University of Petroleum Resources, Effurun,
Federal University of Technology, Minna,
Federal University of technology, Owerri,
Federal University, Ndufu-Alike,
Federal University, Birnin Kebbi,
Michael Okpara Univeristy of Agric, Umudike, .
Modibbo Adama University of Tech, Yola, .
National Open University of Nigeria,
Nigeria Police Academy Wudil, .
Nigeria defense Academy, Kaduna, .
Nnamdi Azikiwe University, Awka,
Obafemi Awolowo University, Ile-Ife, .
University of Abuja, Gwagwalada, .
University of Agriculture Abeokuta,
University of Agriculture Markurdi,
University of Nigeria Nsukka,
List of State Universities in Nigeria admission list
Adamawa State University, Mubi,
Adekunle Ajasin University, Akungba,
Amrose Alli University, Ikot Akpaden,
Anambra State University of Sc. & Tech, Uli,
Anambra State University of Sc. & Tech, Uli,
Bauchi State Unibversity, Gadau,
Benue State University Markurdi,
Bukar Abba Ibrahim University, Damaturu,
Cross River State University of Sc. & Tech, Calabar, .
Delta State University Abraka,
Ebonyi State University, Abakaliki,
Enugu State University of Sc. & Tech. Enugu,
Ibrahim Badamasi Babangida University,
Ignatius Ajuru University of Education,
Kaduna State University, Kaduna
Kano University of Sc. & Tech, Wudil
Kebbi State University, Kebbi,
Kogi State University, Anyigba,.
Kwara State University, Ilorin, .
Ladoke Akintola university of Tech,
Nasarawa State University, Keffi,
Niger Delta University, Yenagoe,
Olabisi Onabanjo University Ago-Iwoye,
Ondo State University of Sc. & Tech, Okitipupa,
Osun State University, Oshogbo,
Plateau State University, Bokkos,
Rivers State University of Sc. & Tech,
Tai Solarin University of Education, Ijebu-ode,
Taraba State University, Jalingo,
Umaru Musa Yar’Adua University,
Private Universities
Afe Babalola University, Ado- Ekiti,
African University of Sc. & Tech, Abuja,
Ajayi Crowther University, Ibadan,
American University of Nigeria, Yola, .
Bells University of Technology, Otta,
Benson Idahosa University, Benin,
Elizade University, Ilara-mokin, .
Gregory University, Uturu,
Joseph Ayo Babalola University,Ikeji,
Nigerian-Turkish Nile University, Abuja,
Obong University, Obong Ntak, .
Oduduwa University, Ipetumodu,
Pan-African University, Lagos,
Renaissance University, Enugu,
The relevance of population census to economic development of rural areas in nigeria
Veritas University, .
Wesley University of Sc. & Tech, Ondo,
Western Delta University, Oghara
List of all the Federal Polytechnics in Nigeria
Air Force Institute of Technology Nigerian Air Force,
Air Force Institute of Technology Nigerian Air Force,
Akanu Ibiam Federal Polytechnic, Unwana,
Nigeria Army School of Military Engineering,
Federal Polytechnic, Ado-Ekiti
Federal Polytechnic, Ado-Ekiti .
Federal Polytechnic, Bauchi, .
Federal Polytechnic, Damaturu,
Federal Polytechnic, Ede, Osun State,
Federal Polytechnic, Ede, Osun State,
Federal Polytechnic, Ile-Oluji, Ondo State,
Federal Polytechnic, Nassarawa,
Federal School of Dental Technology and Therapy,
Hussaini Adamu Federal Polytechnic,
Nigeria Army School of Military Engineering,
Federal College of Animal Health and Production Technology
Waziri Umaru Federal Polytechnic Birnin Kebbi,
List of State Polytechnics in Nigeria
Abraham Adesanya Polytechnic, Ijebu-Igbo,
Akwa-Ibom State Polytechnic, Ikot-Osurua,
Imo State Polytechnic, Umuagwo
Kogi State Polytechnic, Lokoja,
Kwara State Polytechnic, Ilorin,
Delta State Polytechnic, Ogwashi-Uku,
Osun State College of Tech, Esa-Oke,
Delta State Polytechnic, Ozoro,
Plateau State Polytechnic, Barkin-Ladi,
Rivers State College of Arts and Science,
Rivers State College of Arts and Science
Edo State Inst. of Tech and Mgt, Usen,
Niger State Poly, Zungeru, Niger State,
List of Private Polytechnics in Nigeria
Dorben Polytechnic, Bwari-Garam Road,
The Polytechnic, Ile-Ife, NITEL Road
Lagos City Poly, Ikeja, Lagos State,
Light House Polytechnic, Eubuobanosa,
Shaka Polytechnic, Polytechnic, Benin city,
The Polytechnic Imesi-Ile, Osun