CORPORATE FAILURE: AN ASSESSMENT OF THE NIGERIAN BANKING SECTOR
CORPORATE FAILURE: AN ASSESSMENT OF THE NIGERIAN BANKING SECTOR
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Date
1998-08
Authors
AVIHITAR, EDWARD IORDYE
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Abstract
The unfolding scenario in the Nigerian Banking Sector highlights once more
the cyclical nature of our economy and the fall out of the Structural Adjustment
Programme(SAP).
The attendant problems of loss of confidence in banking system, loss of
employment and above all decrease in the standard of living of people created
by amaze management incompetence, high capacity fraud, bad government
regulations, inadequate capital base and general economic recession, all indicate
the problems in the economy and the banking sector in particular are integrated
and complex, and require integrated research approach to provide solution.
The study in this respect, explored the causes of bank failure in Nigeria.
In the process the relative symptoms of failure, the impact of bank failure on the
economy and the strategic measures to deal with bank failure were explored.
In addition, bank customers, depositors, employees and other beneficiaries
of bcink services are provided with a model of bank "life cycle" and its financial
implications.
The study further provided a basis for the development of strategies and
activities to stem corporate failure, especially in the banking sector, thereby
ensuring consistency in growth, profitability and survival, of corporate entities
Description
A PROJECT SUBMITTED TO POST-GRADUATE
SCHOOL, AHMADU BELLO UNIVERSITY ZARIA, IN
PARTIAL FULFILMENT FOR THE AWARD OF THE
DEGREE OF MASTER OF BUSINESS
ADMINISTRATION.
DEPARTMENT OF BUSINESS ADMINISTRATION
AHMADU BELLO UNIVERSITY
ZARIA
AUGUST, 1998
i
Keywords
CORPORATE, FAILURE:, ASSESSMENT, NIGERIAN, BANKING, SECTOR