MANAGING FINANCIAL "CRISIS'.IN'FINANCE COMPANIES CASE STUDY OF NIGERIA'AGRICULTURAL AND CO-OPERATIVE BANK CONSULTANCY"AND"FINANCE COMPANY LTD AND GURARA SECURITIES'AND-FINANCE COMPANY LIMITED
MANAGING FINANCIAL "CRISIS'.IN'FINANCE COMPANIES CASE STUDY OF NIGERIA'AGRICULTURAL AND CO-OPERATIVE BANK CONSULTANCY"AND"FINANCE COMPANY LTD AND GURARA SECURITIES'AND-FINANCE COMPANY LIMITED
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Date
1995-04
Authors
BADMUS, BASHIR OYENIYI
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Abstract
The project study is an empirical exercise taken cognisance
of the impact of the Structural Adjusted Programme before and
after the deregulation induced programme of 1986 in the
finance sector of the economy and specifically Money Market
as it affects finance intermediation.
The project informs how the SAP programme has altered the
components of finance and money market, aggravated stiff
competition and unprecedented surge by the finance companies,
within the constrained economy characterised by dwindling
domestic income, low production capacity socio political
instability, economic dislocation, social menance and so on
The Banks and other allied financial institutions spurously
employed all strategies to survive and curtail the development
through innovated marketing and financial strategies; financial
products launching, free consultancy services, service delivery
and stiff competition led to inter financing among the finance
houses. This boosted only cash economy due to lack of aggregrated
investment opportunities to correspond growing level of aggregrate
deposits.
The overall result if that the average Nigerian has choice, and
place risk premium on the investible fund among the alternative
prompting fund mobilization at the expense of market indicators,
leading to inability to renege on commitment - financial obligations.
The study is divided into five chapters. Chapter one introduces
the study, setting out what it tends to achieve and the importance.
Chapter two: visualise the study in retrospective to identify
with relevant course and observations. Chapter three looked at
the two finance companies operations in broad perspectives.
Chapter four revolve round interpretation of data collected using
financial indicators and analysis of data gathered on some of the
contributories to the crisis while chapter five concludes the study.
Description
A PROJECT SUBMITTED TO THE POSTGRADUATE SCHOOL
AHMADU BELLO UNIVERSITY, ZARIA IN PARTIAL FULFILLMENT
OF THE REQUIREMENTS FOR THE AWARD OF THE
DEGREE OF MASTER OF BUSINESS ADMINISTRATION
(M.B.A.) DEPARTMENT OF BUSINESS ADMINISTRATION
AHMADU BELLO UNIVERSITY ZARIA.
Keywords
MANAGING,, FINANCIAL,, CRISIS,, FINANCE,, COMPANIES,, CASE STUDY,, NIGERIA'AGRICULTURAL,, CO-OPERATIVE BANK,, CONSULTANCY,, FINANCE COMPANY,, GURARA SECURITIES,, FINANCE COMPANY LIMITED