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Scholars Journal of Economics, Business and Management | Volume-3 | Issue-05
E-Banking and Security Challenges in Nigeria: Option for the Banking Sector
Adamgbo Suka L. C, Joel L. Augustine, Zukbee Sirah, Ikole Dornubari
Published: May 31, 2016 |
128
91
DOI: 10.36347/sjebm.2016.v03i05.007
Pages: 279-286
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Abstract
Advancements in ICT have reduced the globe to a village where one can reach the world in a click, doing
business across international boundaries and making profit beyond imaginations. Yet, in comparison to the developed
world, the developing economies are yet to fully embrace the possibilities provided by the internet through electronic
banking. This study has examined e-banking and security challenges in relation to the development of the banking sector
in Nigeria. The study found out among other things that technological solutions are not enough for the security
challenges facing e-banking in Nigeria. The study therefore made suggestions in that light.