THE EFFECT OF RECAPITALIZATION OF BANKS ON THE NIGERIAN ECONOMY

ABSTRACT

The global phenomenon in the financial service industry is the consolidation of the financial activities towards ensuring financial stability. It is occurring at a rapid pace due to changes in economic environment, which often alter the constraints faced by financial service firms. 

The main objective of this study is to examine the effect of recapitalization of banks on Nigerian economy. Secondary data was gathered from CBN statistical bulletin on GDP, bank capitalization, number of distressed banks, number of banks, from the year 1990-2007. The gathered data was analyzed using the multiple regression models on statistical package for social sciences (SPSS). The research showed a strong correlation coefficient between the dependent and the independent variables. Hence, our finding revealed that there is a significant and thus positive relationship between bank recapitalization, number of banks, number of distressed banks and GDP.

Hence, this research work recommends that there should be effective training and manpower development, asset management company (AMC), cross border merger, and the use of modern information and communication technology. These are to ensure stability, effectiveness and efficiency in the system. Thus, from the analyzed data and other findings, this research work concludes by recapitalization of banks as improved the Nigerian economy.   

TABLE OF CONTENTS

Contents                                                                                 Pages

Title of page                                                                             i

Certification                                                                                      ii

Dedication                                                                               iii

Acknowledgement                                                                    iv-v

Abstract                                                                                   vi

Table of Contents                                                                     vii-viii

CHAPTER ONE: INTRODUCTION                                         

1.1     Background of the Study                                               1 – 3

1.2     Problem Identification                                                    3-4

1.3     Research Question                                                         4-5

1.4     purpose of the study                                                      5

1.5     Research Hypothesis                                                     5-6

1.6     Research Methodology                                                   6

1.7     Significance of the Study                                               6-7

1.8     Scope and Limitation                                                     7 – 8

1.9     Plan of Study                                                                 8-9

1.10 Definition of Term                                                            9-10

          References                                                                      11-12

CHAPTER TWO: LITERATURE REVIEW 

2.0     Introduction                                                                   13-14

2.1     Evolution of banking in Nigeria                                      14-21

2.2     The Role of the Banking System in Economic                21-23

2.3     Historical Perspective of Recapitalization                       23-27

2.4     Banking Sector     Reform and Bank Consolidation      27-29

2.5     Facet in Reform and Conceptional Issues on

Consolidation in the banking Sector                              29-30

2.6     Rationale for Banking System Reform in Nigeria            31-32

2.7     The Objectives of banking Sector Reform                       32-34

2.8     Drives and Capital Success Issues in the

Banking Consolidation                                                  34-36

2.9     Nigerian Banking Industry Consolidation                      36-39

2.10   The Challenges of Consolidation                                    39-41

2.11   Banks that met the N25 Billion Minimum capital

          requirement and the Banks constituting each group     41-43

2.12   Selected Literature Review                                             43-44

          References                                                                      45-46

CHAPTER THREE: RESEARCH METHODOLOGY

3.1     Introduction                                                                   47     

3.2     Re-statement of Hypothesis                                           47-48

3.3     Re-statement of Model                                                   48

3.4     Nature and Source of Data                                             48-49

3.5     Method of Analysis                                                         49

3.6     Scope and Limitation                                                     49-50

          References                                                                      51-52

CHAPTER FOUR: ANALYSIS OF DATA AND DISCUSSION OF RESULT

4.1     Introduction                                                                   53

4.2     Presentation of Result                                                   53-54

4.3     Discussion of Result                                                      54-56

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION

5.1     Introduction                                                                   57

5.2     Summary                                                                       57-58

5.3     Conclusion                                                                     58-59

5.4     Recommendation                                                           59-60

5.5     Suggestion for Further Study                                         61

         Bibliography                                                                   62 – 64

          Regression

.

Click Here To Get The Complete Project »

TESTIMONIES FROM OUR CLIENTS


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • "researchwap.com is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much researchwap.com, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about researchwap.com, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing researchwap.com.