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LEGAL AND INSTITUTIONAL FRAMEWORK FOR E …

1 LEGAL AND INSTITUTIONAL FRAMEWORK FOR E-COMMERCE IN NIGERIA1 Financial Institutions have applied technology to their payment services in a variety of ways. Automated Data Processing, computers and Telecommunication systems have made Electronic Banking a reality 2 INTRODUCTION With the advent of the Computer Age, it is common knowledge that the worldwide adoption of Information and Communication Technology (ICT) has immensely altered and enhanced human interaction and our way of life for the past three decades. Thus, the world is now a global marketplace as a result of the application of Information and Communication Technology (ICT) in business.

1 LEGAL AND INSTITUTIONAL FRAMEWORK FOR E-COMMERCE IN NIGERIA1 ”Financial Institutions have applied technology to their payment services in a

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