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SS1: ECONOMICS - 3RD TERM

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  1. Mining
    3 Topics
    |
    1 Quiz
  2. Financial Institutions I
    7 Topics
    |
    1 Quiz
  3. Financial Institutions II
    5 Topics
    |
    1 Quiz
  4. Financial Institutions III
    5 Topics
    |
    1 Quiz
  5. Business Organisation
    3 Topics
  6. Money
    5 Topics
    |
    1 Quiz
  7. Channels of Distribution I
    5 Topics
    |
    1 Quiz
  8. Channels of Distribution II
    6 Topics
    |
    1 Quiz
  9. Business Finance
    7 Topics
    |
    1 Quiz
  • excellence
Lesson 2 of 9
In Progress

Financial Institutions I

Performance Objectives:

At the end of this lesson, you should be able to;

  • Define financial institution
  • Identify the categories of financial institution
  • Differences between nonbanking and banking
  • Explain the development of banking in Nigeria
  • Mention the types of financial institution
  • Define Commercial Bank
  • Discuss how commercial banks create money
  • Explain the problems of commercial bank
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