Internet Financial Reporting By Commercial Banks in Nigeria

Abstract

The paper investigates the level of internet usage and content of financial information on the websites of Nigerian banks. Thirteen (13) banks were randomly selected as samples (out of the 25 ‘mega’ banks that survived the 2006 consolidation exercise) and their websites visited to collect information. The result of the study reveals that all the sampled banks have websites and that majority of them posted financial information on their websites.