Mr. Emefo Nonso Emmanuel

IT as tool for sustaining Nigerias banking field No doubt, the banking domain in Nigeria would not own assumed its present state in the local economy if it had not leveraged on the likely of information technology. The vast banking operations and the sectors hardihood of banking services in the country remain one performance that could not have been achieved but for the use and application of IT solutions, which have indeed remained an economic catalyst. Despite the vast progress do in the banking sector as well as in other argonas of national interest, the fact still remains that the sector is yet to maximise or leverage on the gamut of IT potential as a key economic driver. Over the years, issues that had interpreted the needed direction in developed economies and some growth economies have remained a hard nut to crack in Nigeria. For instance, there has been a lot of progressive brainstorming on the need for a cashless society, the benefits of mobile banking and e-commerce and reliable e-payment platforms, among others.

The crux of the contrast is that while we argon still taking decisions on the model direction to take to tap from these technical advancements, other economies are equally busy reviewing as well as upgrading their technological stance towards achieving better service provisions. The Vice President, Strategic Engagements (Europe, core East and Africa), SAP AG, Mr. Lloyd Chisholm, said, People are using revolutionary knowledge and understanding to experiment with new possibilities in place to implement new concepts that create new shelter. According to him, renewing at the level of a firm represents the application of ideas that are new to the firm, whether the new ideas are embodied in products, processes, services, or in the work organisation, management or marketing systems. He said that business innovation represented something that was new or significantly improved, done by an enterprise to create added value either directly for the... If you want to get a beat essay, order it on our website: Ordercustompaper.com

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