ROLE OF BANKS IN INTERNATIONAL TRADE IN NIGERIA

ABSTRACT

This project work has critically highlighted the compact of the Role of Banks International Trade in Nigeria, the problems affecting the Role in Banks in international trade in Nigeria have been identified and how they can be controlled is also includes in the study and ways to solve them are inductive in the study. This study also examines the lapses and recommends some viable points (s) that can also contribute to the image of the industry.

CHAPTER ONE

1.0       INTRODUCTION

This project writ – up, “The role of Banks in international Trade”, is written to provide a guide sufficiently instructive in scope to meet the need for Banks, Economist in International Trade. Among the important topics examined are if there are various relationship, role that exist between banks and international trade in Nigeria, nature of international economics, international trade, difference between international trade and internal trade, problems facing international trade in the banks sector.

Nigeria before and even since the British Colonialist of our country has been engaged in international trade. But it was obviously spelt out during the British Colonialist that was in the 15th century termed legitimate trade. This was until 1960 during which Nigeria got its independence. This means that, Nigeria was no longer controlled solely by the dictates of the British Government Ever since then legitimate trade to the Nigerian was changed to international trade of which Banks has a major role to play in it. Nigeria since the oil boom in the early 70’s has been enjoying Nigeria and across the country. Diversifying its economy.