An Analysis Of Universal Banking And Its Implication On The Nigerian Economy

1.0 INTRODUCTION1.1 BACKGROUND TO THE STUDYAccording to Akngbola (2000:7) there is no gain saying that  the concept of universal banking has gained more  currency that any other issue and has also shot up to the front burner of national economic discourse particularly in banking circle in the last one decade exigencies market dynamics and trends in international money market has led to the approval and re-examination of the of the structure scope functions of banking institutions in the country.Okehi (2000:16) however went further to say what until about a decade ago, no definite wel…