TABLE OF CONTENTS

Title page                                                                       ii

Certification                                                                   iii

Dedication                                                                      iv

Acknowledgement                                                          v

Proposal                                                                         vii

Table of contents                                                            x

Chapter one: Introduction

1.1             Background of the study                                       1

1.2             Statement of the problem                                      5

1.3             Purpose/objective of the study                               6

1.4             Research questions                                                7

1.5             Research hypothesis                                              8

1.6             Significance of the study                                       9

1.7             Scope, limitation/delimitation                                10

1.8             Definition of terms                                                11

Reference                                                                       13

Chapter two:

Review of related literature                                             15

2.1             Introduction                                                          15

2.2             The Nigerian monetary transfer system                  17

2.3             Overview of the electronic

          monetary transfer system                                      21     

2.4             Electronic payment instruments                             24

2.4.1      Automated teller machine                                      24

2.4.2      Electronic funds transfer point of sale                    26

2.4.3      International money transfer                                  27

2.4.4      Computerized inter-bank funds transfer                 28

2.4.5      Internet payment                                                   28

2.5             Problems associated with the development

          of electronic banking system in Nigeria.                 34

2.6             Implications of the electronic banking system        35

Reference                                                                       38

Chapter three:

 Research design and methodology                                  40

3.1             Areas of study                                                      42

3.2             Sample and sampling techniques                           42

3.3             Instruments of data collection                                43

3.4             Methods of data presentation                                 43

3.5             Methods of data analysis                                       45

Reference                                                                       47

Chapter four:

Data presentation and analysis                                         50

4.1             Data presentation                                                  50

4.2             Data analysis                                                         63

4.3             Test of hypothesis                                                 68

Chapter five:

Findings, recommendation and conclusion                      73

5.1             Summary of findings                                             73

5.2             Conclusion                                                           76

5.3             Recommendation                                                  78

Bibliography                                                        80

          Appendix                                                              86