- The Complete Research Material is averagely 52 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY
The first batch of treasury bills issued by the central bank of Nigeria (CBN) in April 1960. Saw the birth of money market in Nigeria.
The market has experienced a remarkable increase in size. Since that date with the addition of a number of traditional short term money market entrustments. In circulation today are eight of such instrument as contained in the subsequent chapter.
Money market can be defined as the place of mechanism whereby funds are obtained. For short periods of time (from one to one year) and financial assets representing short term claim are exchanged.
As a section of the financial market, it is made up of financial organization and dealers. They as a group quicken the borrowing and lending of short-term money (bank credit and non bank credit) by bringing under one umbrella those institutions with surplus funds, which wish to lend on a short-term basis and those wishing to borrow.
In this country, money market is composed of the central bank of Nigeria (CBN) commercial banks, merchants bank, federal savings bank, insurance companies, the federal government and statutory corporations.
Accounting for over 50% of average total holdings of its instruments. Commercial banks dominated it in 1984.
It is important to note that although the money market is so crucial to the workings of the Nigeria economy. Is not geographically centered, as in the case with stock exchange.
Even in a developed country like America for instance, one cannot find in the same physical sense can find the flea market and farmers market Paris and loss ageless respectively.
However, this does not mean that money market activities cannot be carried out at a specified area or street in a more developed country a typical example is London.
In London, borrowers and lenders of short-term money meet at Wall Street in London. They also trade on short-term debt securities. Infact, money market is a loose network of dealers, bankers and treasures of public and private corporations talking in very large round numbers over telephone and personal contacts.
OBJECTIVES OF THE STUDY
Since there is no doubt that money market serve as one of the major basis for assessing the economic health of a country.
Moreover, that the activities are influenced by the position of the countries foreign reserve, balance of payment and the state of the economy in general it is now necessary to do the following:
1. See the results of money market on the rural and urban business transactions.
2. To evaluate the scope of money market.
3. Understand the conditions under which money market can operate effectively.
4. Ascertaining its impact on the financial development of the nation.
5. To draw attention of the government and the entire borrowers and lenders to the need of expecting money market to have a sizeable and rapidly increasing positive effects on the process of developing the less developed countries in the foreseeable future.
6. To highlight task facing money market and its major participate which must be accomplished in the economy.
SIGNIFICANCE OF THE STUDY
The work would be of immense use to various players in the economy such players are researchers, bankers, investors, government and general public. The benefit will be in the following order:
1. It will aid other researcher who want to carryout further research on the topic.
2. Some recommendation in this work will direct authorized investors when they use them as a guide and hence will help in reviving the nation’s economy.
3. To commercial banks: commercial banks which most operate effectively must have a sharp sense of the money market at any given moment an instinct for knowing whether its prices as expressed in interest rates will go up or down, and correspondingly, whether the demand for loans will increase or decrease.
4. Besides, the investors will gain more from this study because it will help them with the techniques or mechanisms of how to adapt to and manage changes which may be either favorable or not as a result of the money market appraisal.
5. Above all, operators in this market will know exactly in which areas of the exchange or instrument is of more idea.
STATEMENT OF PROBLEMS
One of the problems is that the money market could not collect its report for the work activities.
DEFINITIONS OF TERMS
MONEY: Defined as anything that is generally accepted as a medium of exchange.
MARKET: A place where goods are sold and bought by sellers and buyers respectively.
LENDERS: A person who allows or gives money or any other property to another person on the understanding that it will be returned.
BORROWER: A person who obtains something from somebody temporarily.
BANKCREDIT: this means bank loans.
NOW BANK CREDIT: loan from other corporation other corporation other than banks.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR ACCOUNTING FINAL YEAR PROJECT RESEARCH TOPICS
-
1. THE USEFULNESS OF FORENSIC AUDIT IN THE DETECTION AND PREVENTION OF FRAUD
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The incidence of fraud and misappropriation of funds in recent time poses a threat to auditing as...Continue Reading »Item Type & Format: Project Material - Ms Word | 94 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
2. THE INFLUENCE OF ACCOUNTING INFORMATION TOWARD DECISION MAKING IN MANUFACTURING FIRM (A CASE STUDY OF CHAMPION BREWERIES PLC, UYO)
» ABSTRACT The research word was set up to investigate the influence or importance of accounting information towards Decision making and its relevance t...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
3. THE EXTENT OF RELIANCE ON ACCOUNTING INFORMATION FOR EFFECTIVE BUSINESS AND FINANCIAL DECISION IN CORPORATE ORGANISATION
» CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY Accounting information is an ingredient in most, if not all, financial managerial decisions. In ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
4. ROLE OF ACCOUNTING INFORMATION ON SMALL AND MEDIUM SCALE BUSINESS IN NIGERIA (CASE STUDY OF: SMALL AND MEDIUM SCALE ENTERPRISES OPERATOR IN LAGOS METR...
» CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY Accounting information is a part and parcel of today’s life which is necessary to understa...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
5. EFFECT OF VALUE ADDED TAX ON THE GROWTH OF NIGERIAN ECONOMY
» ABSTRACT In this research work titled Effect of Value Added Tax (VAT) on the growth of Nigerian economy with particular reference to Enugu State Board...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
6. ROLE OF ACCOUNTING IN THE CONTROL OF PUBLIC EXPENDITURE IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background of the study In most developing countries including Nigeria, government participation in economic activity is ...Continue Reading »Item Type & Format: Project Material - Ms Word | 56 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
7. DESIGN AND IMPLEMENTATION OF A WEB-BASED LEGAL PRACTITIONER APPLICATION SYSTEM
» ABSTRACT The legal practitioner is a research and law teaching, where Lawyers & Judges study about cases on line. They insert in any newspaper, pe...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
8. A CRITICAL ANALYSIS ON VALUE FOR MONEY AUDIT ON PUBLIC SECTOR OF AN ORGANIZATION
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Auditing has existed as long as man has been required to account for their transactions. A famous...Continue Reading »Item Type & Format: Project Material - Ms Word | 51 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
9. DESIGN AND IMPLEMENTATION OF DOCUMENT MANAGEMENT SYSTEM FOR COMPUTER SCIENCE DEPARTMENT OF UNIVERSITY OF PORT HARCOURT
» ABSTRACT This research project focuses on the development of a computerized and web based Document Management System for the Department of Computer sc...Continue Reading »Item Type & Format: Project Material - Ms Word | 93 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT
-
10. Staff Recruitment, Selection and Placement Policy Under a Presidential System of Government: A Case Study of Ebonyi State Civil Service 1998-2000
» CHAPTER ONE INTRODUCTION 1.1 BACKGOUND TO THE STUDY When a country has one Chief Executive who is both normal arid political head of state, wielding r...Continue Reading »Item Type & Format: Project Material - Ms Word | 112 pages | Instant Download | Chapter 1-5 | ACCOUNTING DEPARTMENT