Description
INTRODUCTION
The Nigeria banking industry has witnessed several transformations, ranging from the consolidation of banks by mergers & acquisition, the N25bn recapitalization exercise in 2004, the sack of CEO’s & directors of various banks and the N620B injected funds for intervention by Sanusi Lamido in 2010, (National mirror, 2015). These are in a bit to increase customer confidence and service delivery, since it is the financial hub store of the economy, providing employment, income and significantly contributing about 5% to GDP (Adewoye, 2007).
Similarly, Choba as a town was found in the USA in 1920. There was a Choba family living in Pennsylvania and the name represents clan affiliation, patronage, parentage and adoption. Also, Rumuokoro is a town in the heart of Obio/Akpor Local Government Area of Rivers State. It is the meeting point of five major roads in Nigeria economy and the gateway to and from the city of Port Harcourt. It consists of five communities and these town host major banks considering the busy nature of the towns.
Furthermore, Religion which is a matter of belief and practice is a universal social phenomenon which seriously concerns almost every living man (Agbikimi, 2014). Generally, religion is understood by many as a belief in the Supernatural power or the Supreme Being and their relationship with the nature that surrounds them. Man, being a social animal, is also, therefore, considered a religious being. Religion is also accepted as one of the strongest sources and means of social control. It is considered as one of the earliest institutions of mankind and is found in all the societies of the past and present. Scholars from the different disciplines of Sociology, Anthropology, Ethnology, Theology and Philosophy conceptualize the elements of religion in their own context; as a result there is no single uniform theory or definition on religion. Besides, religion being one of the earliest institutions is also one of the oldest subjects in human history that is taught and is most widely spread and universally discussed at many levels. Numerous scholars have explained the origin of religion from different perspectives and some of the approaches are discussed below, but let us first look into the definitions given by these scholars (Agha, 1999).
The term religion carries a different meaning for different people. Ronald (1961) puts it in this way, “The English word „Religion‟ has a Latin root, i.e. „Religare‟ meaning to bind together‟ (suggesting the concept of a group or fellowship)”.
Therefore, because of the richness and variety of the subject matter, opinion and understanding differ in theoretical conceptualization. The ElementaryForms of the Religious Life conceptualized religion as a dichotomy on the basis of social facts by studying of the indigenous Aborigines of Australia and arrives saying that religious phenomena are naturally arranged in two fundamental categories of beliefs and practices, the first being the states of opinion in the representation of the mind; the second „determined modes of action which is the practical side of life (Durkheim, 1915).
Despite such changes in religious life, it is still essential to understand the phenomenon, for it touches almost every facet of life, from themes in popular culture to perceptions of wellbeing and motivations for global terrorism. It is also important to understand the history of religions and their spread across the world. Christianity, for example, began as an obscure movement in a tiny place outside Jerusalem some 2,000 years ago. It then spread to the Roman Empire, where it was adopted as the state religion in 380. This accelerated its growth, and it extended throughout Europe, eventually following European movement into the New World. Christianity has now spread to virtually every part of the earth. By the late 20th century, reform movements, such as that of the Korean evangelist Sun Myung Moon (1920–2012), had emerged in countries outside Christianity’s traditional homes, challenging conventional Christian ideas and practices. Meanwhile, Christians in emerging countries were urging Western nations to push back at secular influences and become religious once again.’
TABLE OF CONTENT
CHAPTER ONE:
INTRODUCTION
1.0 Introduction
1.2 Background to the Study
1.3 Purpose of the Study
1.4 Research Questions
1.4 Significance of the Study
1.5 Limitations of the Study
1.6 Definitions of Terms
CHAPTER TWO:
LITERATURE REVIEW
2.1 Theoretical Framework
2.2 Conceptual Review
2.2.1 Origin of Religious Practices
2.3. Types of Religious Practices
2.4 The effect of religious practices in the banking sectors
2.5 Challenges of Religious Practices
2.5.1 The role of religious practices in the banking sector
2.6 Empirical Review
CHAPTER THREE:
RESEARCH METHODOLOGY
3.1 Research Design
3.2 Area of Study
3.3 Population of Study
3.4 Method of Data Collection
3.5 Data Analysis
CHAPTER FOUR:
DISCUSSION OF FINDINGS
4.1 The Origin of Religious practices
4.2 types of religious practices
4.3 Effects of religious practices on the banking sectors
4.4 Challenges of religious practices
4.5 solutions of religious practices
CHAPTER FIVE
Summary
Conclusion
Recommendations
Bibliography