ROLE OF FINANCIAL INSTITUTIONS IN THE DEVELOPMENT OF THE NIGERIA ECONOMY

This project research is used by the school authority as one of the condition for the award of a Ordinary National Diploma (OND) in the institution, it therefore becomes very important each student must successfully carry out his/her research work in his/her respective filed of study. The author decided to go into the role of Financial Institutions in the development of the Nigeria Economy with the aim of carrying our a comprehensive report on the role of Financial Institution to the economy in general. To this end, this project is to be arrange into three different chapters. Chapter one will cover the introductory analysis comprising the background of the study, significant of the study, and definition of some terms used in the project works. Chapter two will look into the names of some financial and non-financial institutions, the roles of financial Institutions like Banks and Insurance Companies, Advantages, Objectives and problems facing Financial Institution in Nigeria etc. Finally in chapter three the last chapter, an elaborate summary of findings of the research analysis were given, recommendations offered and condition made.