All business organizations regardless of size perform a number of function among which are; financial management, marketing personnel management and production. Financial management can be defined as an essential element of project analysis which make the financial manager to in order himself in the following decision area. Profit decision, dividend decision, liquidity decision, investment decision and financial decision. The purpose of this research work is to find out the impact and effectiveness of financial organizations in Nigeria using Niger insurance as a case study. The instrument used in data collection is questionnaire. 16 questionnaires were administered to the members/staff of Niger insurance. Chi-square was used to test the formulated hypothesis. Conclusion and recommendations were drawn for the outcome of the tested hypothesis. 

TABLE OF CONTENTS

TITLE PAGEi

CERTIFICATIONii

DEDICATIONiii

ACKNOWLEDGEMENTiv

ABSTRACTv

TABLE OF CONTENTSvi

CHAPTER ONE

1.0Introduction1

1.1Background of the study1

1.2Statement of the Problem8

1.3Objective of the study

1.4 Research question

1.5Significance of the study10

1.6Scope of Study11

1.7Limitation of the study11

1.8Hypothesis 

1.9 Operational definition of Terms12

1.10Nature and Significance of Finance13

CHAPTER TWO

2.0Literature Review26

2.1General View of Financial Management in Business 

Organization27

2.2Role of Financial Manager in the process 

Of the evolution of Financial Management27

2.3Planning for Finance34

2.4Capital Structure and Leverage Effect36

2.5Sources and Acquisition of Finance38

2.6Control of Finance43

3.0Research Methodology 44

3.1Introduction44

3.2Design of Study45

3.3Methods of Data collection45

3.4Techniques for Data collection46

4.0Data Presentation and Analysis47

4.1Testing of Hypothesis I59

4.2Testing of Hypothesis II61

CHAPTER FIVE

5.0Summary of Findings, Recommendation and Conclusion 66

5.1Summary 66

5.2Conclusion 67

5.3 Recommendation 68

REFERENCE 70

APPENDIX 72