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PROJECT TOPIC: THE ROLE OF FINANCIAL INSTITUTIONS IN EXPORT FINACNING IN NIGERIA FROM 2006 – 2012 (A CASE STUDY OF FIRST BANK OF NIGERIA PLC)

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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.

 

 

 

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


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