The role of Financial Institution

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CHAPTER THREE RESEARCH METHODOLOGY

The methodology adopted was designed in a way to enhance easy data collection from targeted respondents as regards to the role of financial institutions in export financing in Nigeria using first bank of Nigeria PLC as the case study.
The research method adopted is the survey method. According to Osuala, in survey research a sample chosen from a large and small population is studies to ascertain the frequency, distribution and introduction of sociological and psychological variables. Surveys are conducted at a single point in time which data collection is computed in a short time as possible usually in single year. The data collected from the sample selected at the point in time would be used to descriptively compare the distribution of the variables. In large population so as to make inferences of what is obtainable in the large population.

AREA OF THE STUDY

With the content of this work, the researcher focused on the financial institution in report financing in Nigeria with particular reference to first bank of Nigeria PLC Iweka Onitsha

  POPULATION OF THE STUDY

The population of this work is the staff of first bank of Nigeria PLC, Iweka Onitsha the number of staff is 100 and as such the population used for the study is 100 workers.

SAMPLE AND SAMPLING TECHNIQUE

A sample size 80% staff of first bank of Nigeria PLC Iweka Onitsha were randomly used for the purpose of the study. The sample size was derived as follows.

INSTRUMENT FOR DATA COLLECTION

This research work draw data from each source that is primary and secondary data.

PRIMARY SOURCE

QUESTIONNAIRE and oral interview were used as primary data. Questionnaires were administered and oral interview were conducted to financial managers.

SECONDARY SOURCE:

The researches also collects data from text books, journal and unpublished materials like class not books.

 VALIDATION OF THE INSTRUCMENT

In accordance to the project audience, the research questionnaire has been properly administered critically by the supervisor before distribution to the public and personal visitation for interview was inclusive.

DISTRIBUTON AND RETRIE VAL OF THE INSTRUMENT

Personal interview was conducted and questionnaires were distributed therefore, thirty persons served questionnaire from the exporting section, ten from finance department a total of thirty Questionnaires were administered and twenty eight were retrieved.

 METHOD OF DATA COLLECTION ANALYSIS

The data collected from the respondent were analyzed using chi-square calculated using the test of hypothesis. Chi-square test is always one tail test. The x2 distribution is unimodel and roghtskewed, although the skewness became smaller as degree of fraction increase. If the expected and the observed frequencies exactly agree, the test statistics (x2) would be zero. This is used to determine whether there is any significant difference between the observed and expected theoretical frequencies obtained from a distribution. Chi square can be defined as the sum difference between observed and expected frequencies. This can as will be defined as The O, which represents the observed frequency is the number of responses state down, While E While is expected frequency = (Row) (Column) Grand total O-E = The absolute value or deviation between frequencies (O-E)2 The deviation squared3 E and weighted.
(O-E)2 = Sum of the deviation
E  Square and weighted.

DEGREE OF FREEDOM

One of the greatest vital features of the chi-square distribution is the degree of freedom. This may be defined as the element that determines precisely which chi-square distribution applies in a given case. In chi-square table, the table of freedom (DF) is calculated as (DF) = (R-1) (C-1) Where R = the number of row in the table.

ANALYSIS

Date for this study was collected by means of questionnaires and interview. The researcher went to Bundle field l and flour mill in Enugu, Anambra to collect the questionnaires out of 200 copies of questionnaires distributed out to the administration and personal section of the manufacturing industry only one hundred and sixty copies were collected out of the number. It was found out during editing that ten of its was not properly field. These were discovered and only one hundred and fifty copies were left for analysis.
Infact, the research was left for analysis of constraints in the course of data collection both. Financially and other wise as well as time consumption.

Cover Page
Title Page:
Approval Page:
Certification
Dedication:
Acknowledgements:
Abstract:
Table of Contents
CHAPTER ONE: INTRODUCTION
1.1 Background of the Study
1.2 Statement of Problems
1.3 Purpose of the Study
1.4 Significance of the Study
1.5 Research Questions
1.6 Formulation Hypothesis
1.7 Limitation of the Study:
1.8 Definition of Terms
CHAPTER TWO: LITERATURE REVIEW
2.1 Mexim Annual Statement of Account of 1999 Foreign Sources
2.2 Sources of Finance For Export
2.3 The role of Financial Institution
2.4 Factors Militating Against Export Finance:
2.5 Historical Background to Export Financial In Nigeria
2.6 Policy Instrument:
2.7 Duty Draw Back/Suspension Manufacture in Board Scheme
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 Area of the Study
3.2 Population of the study:
3.3 Sample and Sampling Technique
3.4 Instrument for Data Collection
3.5 Validation of the Instruments
3.6 Distribution and Retrieval of the Instrument:
3.7 Method of Data Collection and Analysis:
3.8 Analysis:
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 Finding and Discussion of Finding Questionnaires Distribution
CHAPTER FIVE Summary of findings, conclusions and Recommendations
5.1 Summary of Findings
5.2 Conclusion:
5.3 Recommendations
Appendix
Questionnaire
Bibliography
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THE ROLE OF FINANCIAL INSTITUTIONS IN EXPORT FINACNING IN NIGERIA FROM 2006 – 2012 (A CASE STUDY OF FIRST BANK OF NIGERIA PLC ONITSHA BRANCH)