Abstract Financial intermediation is an important activity in the economy because it allows funds to be channeled from people who might otherwise not put them to productive use to people who will ultimately put the funds to productive uses. In line with the assumption that banking sector plays an important role in financing the investment projects, successive governments in Nigeria have carried out reforms and institutional innovations in the banking sector. The overall intention of these reforms
Upsets and Downfalls Nigeria has been a democracy since 1999 when the military handed over government power to elected officials. Since then, the countries electoral system has experienced many upsets and downfalls. This transition has been anything but smooth with large amounts of corruption within the country 's political and socio-economic system. Due to the ineffectiveness of governance, it has been extremely difficult for Nigeria to effectively democratize. In order to improve Nigeria’s corrupt
especially with regards to Nigeria. However, in this study, the attention of this is mainly on the influence of deregulation on banks profitability in Nigeria. The discussion on the deregulation can be effectively carried out without understanding what monetary policy is all about. In this content, monetary policy could be defined as a policy which deals with discretionary control of money
Introduction Nigeria as a country is located in Africa and it is the most populous country with about 170 million people. It is a nation comprising of more than 250 ethnic groups, 380 languages with different range of cultural, religious beliefs and practices according to WHO report of 2000. The country is divided into six geo-political zones, 36 States with the state further subdivided into a total of 774 Local Government Areas and a Federal Capital Territory. Public health information about Nigeria Nigeria
Mergers and Acquisitions have always been considered as a …………………….. and ever since the first merger in Nigeria in 1980, Merger and Acquisitions have occurred in most sectors of Nigerias economy. In 2004, the Central Bank of Nigeria in fulfillment of its mandate to Promote and maintain of monetary stability and a sound and efficient financial system in Nigeria rolled out a 13 point rolled out a 13-point reform agenda aimed at consolidating the banking sector and preventing the occurrence of systemic
FINANCE IN NIGERIA 3.0. Introduction: In this section the need for Microfinance is discussed; the emergence and development of microfinance in Nigeria is also reviewed. Finally the chapter discuss the ownership and beneficiaries of microfinance in Nigeria. 3.1. The Need for Microfinance: The unwillingness or inability of the formal financial institutions to provide financial services to the urban and rural poor, coupled with the un-sustainability of government sponsored development financial schemes
and Economic Growth: The Case of Nigeria Alex Ehimare OMANKHANLEN Covenant University, Ota, Ogun State, NIGERIA alexehimare@yahoo.com Abstract: This study investigates the role of banks in capital formation and economic growth: The case of Nigeria for the period 1980-2009. The economies of all market-oriented nations depend on the efficient operation of complex and delicately balanced systems of money and credit. Banks are an indispensable element in these systems. This study employed the Ordinary
APPRAISAL OF THE ECONOMIC IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF DIAMOND BANK PLC NIGERIA) CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Before the emergence of modern banking system, banking operation was manually done which lead to a slow down in settlement of transactions. This manual system involves posting transactions from one ledger to another which human handles. Figures or counting of money which should be done through computers
Due to the limited amount of studies done on strategic budgetary system as it relates to power infrastructure development in public sector in Nigeria, the survey used in this study was partially based on survey instruments adapted and some generated by the researcher. A number of questions used in the instrument were developed specifically to suite this dissertation. However, researchers undertaking studies in strategic budgetary system in the future would benefit from survey questions validated more
The Effect Of Bank Consolidation On The Performance Of Banks In Nigeria Edit Article ------------------------------------------------- Top of Form Bottom of FormCHAPTER ONE 1.0 BACKGROUND OF THE STUDY The recapitalization and consolidation exercise in the banking industry by the former Central Bank of Nigeria Governor, Professor Charles Soludo has necessitated the need for different organization to engage in corporate Consolidation (mergers and acquisition). The concept of recapitalization