Difference between Central Bank and Commercial Banks   Central Bank Commercial Bank 1 It does not accept deposit from the […]

 CENTRAL BANK OF NIGERIA (CBN) Definition: Central bank is the highest financial institution in a country which carries out the

TYPES OF BANK ACCOUNTS. There are three types of account which customers can open in a bank. These are current,

WAYS BY WHICH COMMERCIAL BANKS CREATE CREDIT OR MONEY            ways by which commercial banks create credit or money. Credit

PROBLEMS OF COMMERCIAL BANKS IN NIGERIA. Urban concentration: Majority of the commercial banks are located in urban centres thereby denying.-the

Central bank, it\’s features and functions. what is a central bank? A Central bank is the highest financial institution in

BANK CLEARING HOUSE what bank clearing? Bank clearing house is an institution established by member banks to simplify exchanging and

DEVELOPMENT BANKS Development banks are specialized financial institutions which provide long-term credit o’ loan to other enterprises for capital project?

merchant bank and their functions. Merchant banks are financial institutions which perform specialized functions, such as acceptance of bills of

            NIGER BASIN COMMISSION (NBC) Formation of Niger Basin commission: Niger Basin Commission (NBC) was established by countries located in

ECONOMIC GROWTH AND DEVELOPMENT             PERFORMANCE OBJECTIVES At the end of this chapter, students should be able to:  Explain the

     ECONOMIC GROWTH Definition: Economic growth may be defined as the process by which the productive capacity of an economy

             DISTINCTION BETWEEN ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT There is a greater emphasis on the increase in output and

ALTERNATIVE EXPLANATIONS OF ECONOMIC DEVELOPMENT Many theories have been put forward to explain why some nations are developed and while

DEFINITION AND FEATURES OF UNDER-DEVELOPMENT Definition: A nation is regarded as being underdeveloped or developing when it lacks the human