AN ANALYSIS OF UNIVERSAL BANKING AND ITS IMPLICATION ON THE NIGERIAN ECONOMY

The knowledge of the principle and guide lines of economic policies clear evaluation of their implication are most fundamental to their successful implementation and operation. This basic truth also hold true for the banking industry unfortunately the implication of these policies on the economy are not always evaluated before being implemented. The out come of such carefree attitude have also spelt disaster on the economy. In view of the above this study therefore seeks to investigate the implication of universal banking introduced by CBN. The study will address the problem by attempting to answer some questions as will be seen in this study