Information and Communication Technology and Unemployment: Is Technology Labor-substitutive in the Nigerian Banking Industry?

2016 ◽  
Vol 5 (2) ◽  
pp. 250
Author(s):  
Alley Ibrahim ◽  
Adefeso Hammed ◽  
Adebayo Lateef ◽  
Oligbi Blessing
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Banking Industry ◽  
Information And Communication ◽  
Nigerian Banking

Challenges of ICT Application in Nigerian Banking Organizations: A Study of New and Old Generation Banks

2013 ◽  
Vol 11 (2) ◽  
Author(s):  
Kingsley C. Anigbogu
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Banking System ◽  
Security Breaches ◽  
Significant Difference ◽  
Essential Services ◽  
Information And Communication ◽  
System Data ◽  
State Of Affairs ◽  
Nigerian Banking

Banking organizations have historically stood out as essential services providers. As a means of coping with the demands the information-intensive nature of the banking system, modern banks increasingly employ Information and Communication Technology (ICT) for operations. In Nigeria the proposed cashless economy, has further intensified the quest for ICT among banks. This study therefore focuses on the challenges of ICT application in the Nigerian Banking System. Data were collected through a survey, conducted among employees and customers of randomly selected, new and old generation banks in south-eastern Nigeria. Analysis reveals that security and fraud issues associated with e-banking, ranked highest among challenges confronting ICT application in banks. No significant difference was found among study organizations with regards to views on ICT based challenges in the banking system. Since this state of affairs would greatly hinder the success of the proposed cashlite society, the study recommends among other things that banks and relevant stakeholders in the sector must work in synergy to prevent security breaches in ebanking operations.

INFORMATION AND COMMUNICATION TECHNOLOGY AND BANKS PROFITABILITY IN NIGERIA.

2011 ◽  
Vol 01 (04) ◽  
pp. 102-107
Author(s):  
Obasan Kehinde Agbolade
Keyword(s):  
Information And Communication Technology ◽  
Communication Technology ◽  
Banking Industry ◽  
Least Square ◽  
Primary Data ◽  
Business Organizations ◽  
Ordinary Least Square ◽  
Marginal Change ◽  
Economic Climate ◽  
Information And Communication

The role of information in the actualization of various organizational objectives cannot be over-emphasized has it ensure prompt delivery of resources essential to attain an enviable ends. The contemporary business milieu is very dynamic and experiences rapid changes due to creativity, innovation, hi-tech changes, increased perception and demands from clienteles. Business organizations, especially the banking industry is operating in a complex and competitive environment characterized by these changing conditions and highly unpredictable economic climate with Information and Communication Technology (ICT) is at the centre of the change curve. Using a primary data sourced through a structured questionnaire administered to selected banks in south-west Nigeria and the Ordinary Least Square approach econometric techniques, this study examined the nature of the relationship that exist between Banks Profitability and the Adoption of Information and Communication Technology. The data analysis showed that a positive correlation exists between ICT and banks profitability in Nigeria. This implies that a marginal change in the level of the investment and adoption of ICT in the banking industry will result to a proportionate increase in the profit level. This is confirmed by the level of the regression coefficient as well as the factor analysis which revealed that an insignificant size of profit exist without the introduction of the ICT.

Information and Communication Technology and Cultural Change

2012 ◽  
Vol 43 (4) ◽  
pp. 222-231 ◽  
Author(s):  
Nina Hansen ◽  
Tom Postmes ◽  
Nikita van der Vinne ◽  
Wendy van Thiel
Keyword(s):  
Cultural Values ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Cultural Change ◽  
Control Group ◽  
Self Construal ◽  
Information And Communication ◽  
The Impact ◽  
Ict For Development ◽  
Practical Implications

This paper studies whether and how information and communication technology (ICT) changes self-construal and cultural values in a developing country. Ethiopian children were given laptops in the context of an ICT for development scheme. We compared children who used laptops (n = 69) with a control group without laptops (n = 76) and a second control group of children whose laptop had broken down (n = 24). Results confirmed that after 1 year of laptop usage, the children’s self-concept had become more independent and children endorsed individualist values more strongly. Interestingly, the impact of laptop usage on cultural values was mediated by self-construal (moderated mediation). Importantly, modernization did not “crowd out” traditional culture: ICT usage was not associated with a reduction in traditional expressions (interdependent self-construal, collectivist values). Theoretical and practical implications are discussed.

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