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International Journal of Innovation and Scientific Research
ISSN: 2351-8014
 
 
Thursday 28 March 2024

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The Influence of Information Technology on the Nigerian Banking Industry


Volume 10, Issue 1, October 2014, Pages 59–63

 The Influence of Information Technology on the Nigerian Banking Industry

Victor EBIEFIE1, Kayode AKINYEMI2, Tinuola Adenike ADEKOJO3, and Ibrahim Adeniyi IBIYEMI4

1 Department of Economics (Research Student), University of Lagos- Akoka Lagos, Nigeria
2 Centre for Continuing Education, Federal University of Technology, Akure, PMB 704, Akure Ondo State, Nigeria
3 Department of Economics (Research Student), University of Ibadan, Oyo State, Nigeria
4 Department of Politics and International Relation, Lead City University Ibadan, Nigeria

Original language: English

Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract


The main purpose of this research work was to examine the influence of information technology on the Nigerian banking industries. Two research hypotheses were postulated as a guide to this study and a ten (10) items questionnaire was designed, validated and used to get the required information. Simple frequency tabulation and percentages was used to test and answer the research hypothesis. It was found out that introduction of information technology increases service delivery, improve innovation and provide new products /packages, it also help management and managers to influence their corporate planning processes, anticipate problems and take corrective measures. Based on these findings, it was recommended that managers and indeed management should tap from the knowledge available on information technology to improve on their services provision and introduction of new packages to supersede the existing ones. Also, government should improve on infrastructural provision to help enhance the proper take off of information technology development and that orientation awareness programmes should be created by managers, management, government of all level and non governmental organizations to eradicate computer illiteracy.

Author Keywords: information technology, corporate planning, packages, services rendered and management.


How to Cite this Article


Victor EBIEFIE, Kayode AKINYEMI, Tinuola Adenike ADEKOJO, and Ibrahim Adeniyi IBIYEMI, “The Influence of Information Technology on the Nigerian Banking Industry,” International Journal of Innovation and Scientific Research, vol. 10, no. 1, pp. 59–63, October 2014.