INTRODUCTION In an attempt to carry out a comprehensive study of the financial system in Nigeria, it is highly necessary to explain the meaning and qualities of a system. This will in no small measure support our understanding of the dynamic nature of the financial system. According to Nzotta (1999), a system can be defined as an organized group of components (subsystems) linked together according to a plan, to achieve specific objects. Another point of view posits that a system is a set or a...
