THE ROLE OF BANK IN THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA:

THE ROLE OF BANK IN THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA:

ABSTRACT

The purpose of the study is to show the role of bank in the development of small and medium enterprises in Nigeria. The researcher intends to carryout the case study of this topic at United Bank for Africa Plc, with the use of questionnaire and interview guide. Our findings will enable us to know how banks in Nigeria contribute to the development of small and medium enterprises in Nigeria which also help in our economy. Finally, conclusions and recommendation will be adequately given.

TABLE OF CONTENTS

Chapter One

1.0 introduction

1.1 statement of problem

1.2 purpose of the study

1.3 significance of the study

1.4 research question

Chapter Two

Literature review

2.0 introduction

2.1 the economic importance of banks

2.2 structure of the Nigeria economy

2.3 importance of SMES in Nigeria

2.4 challenges faced by SMES in Nigeria

2.5 the scheme of SMES

2.6 alternative source of funding

2.7 capital investment for SMES in Nigeria

2.8 the central bank and small and medium enterprises in Nigeria

2.9.1 CBN and its policy guidelines

2.9.2 the Nigeria experience

2.9.3 what role for SMES

2.9.4 crucial steps

2.9.5 way forward

Chapter Three

Research methodology and instruments

3.0 introduction

3.1 research method/design

3.2 source of data

3.3 target population

3.4 sampling instrument

3.5 research instrument and data collection

3.5.1 secondary data

3.5.2 primary data

3.5.3 questionnaire

3.5.4 interview

Chapter Four

Data analysis and discussion of findings

4.0 introduction

4.1 method of data analysis

4.2 decision criteria

4.3 analysis of the secondary data

4.4 analysis to the response to the questionnaire

4.5 how important is the role of SMES of the development of the economy

4.6 SMES that participate in government financial scheme

4.7 Attitude to banks to SMES in Nigeria

4.8 Answers to research questions

4.9 Findings and discussions

Chapter Five

Summary and conclusion

5.0 Introduction

5.1 Summary

5.2 Recommendation

5.3 Suggestion for further studies

5.4 Conclusion

REFERENCES

QUESTIONNAIRE

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND TO THE STUDY

Banking activities came to Nigeria for the first time in the year 1892 when the Africa Banking cooperation was established. Development in Nigeria can be divided into five phases namely: the free banking era the pre central era the era of banking legislation the era of individualization the post Okigbo era The Nigeria small and medium enterprises (SMES) and bank was incorporated in the 1970s and fall within the era of indigenization with the aim of financing small and medium enterprises in Nigeria economy.

THE ROLE OF BANK IN THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES IN NIGERIA: