ABSTRACT
Some of the tropical issues posing serious problems in both
the private and sector are advances in technology. The sector
that has been most radically affected is the financial sector.
This information technology has become a critically business
resource because its absence could result in poor decision and
ultimately business failure.
In this regard, the researcher
intends to find out the impact of information technology on the
growth and development of banking industry in Nigeria. The
work paid attention to the concept of information technology,
history of information technology, evolution of Nigerian
banking industry, banking operations in Nigeria, application of
information technology in Nigerian banking industry, the role
of information technology in Nigerian banking industry, and
the problems and challenges of information technology in
Nigerian banking industry. The study examined the
performance of the big three (3) commercial banks in Nigeria
that adopts information technology in their banking
operations. The researcher concluded that the introduction of
information technology in Nigerian banking industry has
immensely developed our banking sector.
