BANK RECAPITALISATION AND ITS EFFECT ON NIGERIAN BANKING INDUSTRIES. A CASE STUDY OF FIRST BANK PLC ABUJA BRANCH

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Date
2002
Authors
ADAMU, ABUBAKAR
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Abstract
This research is carried out on the problems that have pervaded the Nigerian Banking Industry in the last two decades, which eventually led to distress in the “Herculean” task of recapitalization. The topic examines recapitalization from the point of distress and its causes in the financial system, taking cognizance of customer’s unwillingness to save and the poor banking habit which is due chiefly to the fact that they have lost confidence in the Nigerian banking industry. The scramble for cash to meet up with the recapitalization requirement is also carefully looked at here. The study also offer positive suggestion not only as to how they can consolidate their financial position to avoid being caught in a position of unpreparedness for future recapitalization increases. Lastly, it tries to educate the readers on the ways recapitalization can help to address (if not totally eliminate) the problems in the banking industry and its numerous benefits to the national economy.
Description
A PROJECT SUBMITTED TO THE DEPARTMENT OF BUSINESS ADMINISTRATION IN PARTIAL FULFILLMENT FOR THE AWARD OF THE MASTER DEGREE IN BUSINESS ADMINISTRATION. FACULTY OF BUSINESS ADMINISTRATION AHMADU BELLO UNIVERSITY ZARIA. NIGERIA.
Keywords
BANK,, RECAPITALISATION,, EFFECT,, BANKING INDUSTRIES,, NIGERIA
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