The effect of information technology on the growth of the banking industry in Nigeria

The effect of information technology on the growth of the banking industry in Nigeria

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Article ID: iaor20071318
Country: Hong Kong SAR China
Volume: 10
Issue: 2
Start Page Number: 1
End Page Number: 8
Publication Date: Sep 2002
Journal: Electronic Journal of Information Systems in Developing Countries
Authors: , ,
Keywords: developing countries, computers: information
Abstract:

The advent of Information Technology (IT) is rapidly changing the banking industry. In this study, the impact of IT on the banking industry in Nigeria is described. A questionnaire was employed to collect data from customers at five major banks in Nigeria on the extent to which customers believe that IT exerts an impact on banking services. The results of the study clearly indicate that IT has contributed immensely to the growth of the banking industry in Nigeria.

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