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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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Issue: May 2024
Volume 9 | Issue 5
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| Paper Title: | Philosophy of Digital Economy and the phobia of Traditional banking in Nigeria. |
| Authors Name: | John Nwanegbo-Ben , Uchechukwu Anthony Nwobi , John Ezenwankwo , George Mbara , Praise Obialo |
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IJNRD_214630
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| Published Paper Id: | IJNRD2403055 |
| Published In: | Volume 9 Issue 3, March-2024 |
| DOI: | |
| Abstract: | ABSTRACT Change is the only thing that is constant in life. Despite the inherent truism in this statement, man finds it difficult to totally adapt to changes and tries to resist it in favour of their perceived comfort zone. The philosophy of the digital economy encapsulates the principles that direct the ways we understand and analyze the digital age in contemporary economy. The traditional banking system in Nigeria seemed threatened by the upsurge of digital currency; this is due to its decentralization. They feared the direct impact it will have in the banking sector as a whole. This paper delves into the effect digital currency has in the Nigerian traditional banking sector and how the rise of Crypto conscious generation of Nigerians has changed the economy. Questions to be resolved are why the Central Bank of Nigeria ban Crypto currency transactions in 2021, did the ban improve banking or the economy? What is its implication in Nigerian?. |
| Keywords: | Digital Economy, Bitcoin, Crypto currency, Central Bank of Nigeria |
| Cite Article: | "Philosophy of Digital Economy and the phobia of Traditional banking in Nigeria.", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.9, Issue 3, page no.a505-a516, March-2024, Available :http://www.ijnrd.org/papers/IJNRD2403055.pdf |
| Downloads: | 000107 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2403055 Registration ID: 214630 Published In: Volume 9 Issue 3, March-2024 DOI (Digital Object Identifier): Page No: a505-a516 Country: Owerri, Imo, Nigeria Research Area: Social Science and Humanities Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2403055 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2403055 |
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
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