ABSTRACT Based on the presentation and analysis of data on the topic CRITICAL ANALYSIS OF CAUSES AND PROBLEMS OF FINANCIAL DISTRESS IN NIGERIA BANKING SECTOR” the following are the major findings. Inefficient management has contributed significantly to the financial distress in Nigeria banking sector. This was approved statistically with the chi-square test techniques. It was also discovered that fraudulent practices are a big causes of financial distress in Nigeria banking sector. Base...
INTRODUCTION The banking industry is yet in its formative stage in Nigeria. No country whether developed or developing an afford to over look the directions its banking institution live in their development especial when we consider the unique position of the industry in the pace and direction of economic growth of the nature. There arise a need therefore of state emphatically that the soundness of the individual bark in economy is an infinite asset which act as a dynamic factor of gr...
ABSTRACT This study was aimed to explore the possible inspection and examination as an aid to effective bank management with particular reference to UBA PLC Enugu. The study is significance on system of inspection in Banks which is intended not only to ensure that the mighty and suitable procedure are maintained, but also to safe guard the company against problem of financial loss the to fraud or errors. With the identification of the problems of the system, an attempt...
ABSTRACT This work is designed to find out the financial problems and prospects of privatization in Nigeria, a case study of Nigeria Breweries Plc. The work therefore covers the background, significance and objectives of the study in chapter one. Which chapter two views issues dating to literature and tried to highlights it’s concepts and inceptions of privatization in Nigeria. Chapter three shows the research design and methodology and pointed out the area of the study, the population, det...
ABSTRACT This research work, the developmental impact of rural banking in Nigeria, a case study of United Bank of Africa (UBA) was carried out to measure to what extent the rural commercial banks have been able to involve the inhabitant of our rural areas in economic activities in terms of awareness and influence on their style of living through banking activities and how successful the bank are measuring up with their major aim of existence. Chapter one, is an introductory aspect of the st...
1.1 INTRODUCTION: Over the last couple of decades, the Nigeria financial system has grown remarkably. From the almost crude of it was characterized with in pre –colonial and colonial days. It has become so sophisticated toady that economic experts can proudly thumb their chests. With due regards to the ownership structure of the institution, the regulatory flame work, the instruments employed, and the number of established institution, Nigeria can be said to posses the most sophisticated fi...
INTRODUCTION A financial institution is an organize body concern with the management of money. This to say that the institution is responsible for the lending and borrowing of money. In other word, it is the institution involved in financial intermediation where money is mobilized and is channeled from the public settings. Those who have surplus fund want to invest in productive activity. Some of this institution in Nigeria is the commercial bank, stock exchange market, merchant bank, CBN, in...
1.1 INTRODUCTION Monetary polices in Nigeria and the United Kingdom, the central bank of Nigeria and the bank of England act as advisers to the government over monetary polices. The authorities take the final decision on the matters. In Germany, the contrast in the case because the German central, the bunds bank of Germany has a constitutional independency in setting the monetary polices. The central bank of Nigeria lender the federal ministry of finance (FMF), we have the central bank of Ni...
INTRODUCTION The successive development plan in Nigeria has laid on the attainment of self-reliance. The need for this national objective is because much is expected form individual from the viewpoint of providing employment opportunity; self-reliance is the basic for food and material production of the industrial raw materials. But Nigeria small-scale industry continues to decline despite the so-called priority giving to this sector. However, the discoveries of the central bank must reserve ...
INTRODUCTION Bank have been credited generally with enviable role of being a very important source of funds or capital for the development of the economy. This recognition largely emanates from the roles assumed by most banking institute in mobilizing various deposits and channeling some towards feasible and viable ventures. This size tyre and level of such profitable outlet along with other complimentary factors contribute to economy well being of the country in which the bank is situated. A...
ABSTRACT A research into the spiral growth of banks in Nigeria: manpower problems and solutions, cannot be over emphasized. In pursuance of this investigation the researcher formulated four research objectives, utilized library and sample survey techniques. Data were gathered through primary and secondary sources and were then analyzed using tabular and textual modes of data presentation. The major finding of the research was the institutional arrangements available to the banking ind...
ABSTRACT The aim of writing this project is to explain the problem and difficulties being face by banks as a result of bank failure with specific reference to banks. To achieve this aim the research work has been classified under five chapters. The first chapter deals with the introduction statement of problems, objectives of the study, purpose of study, significance of the study delimitation and limitation of the study. The second chapter, deals with the literature review or review of litera...
ABSTRACT In classical economic theory, trading is good for you. You are better off concentrating on producing and selling the commodities for the production of which you have a comparative advantage and buying from others those commodities you need which they can produce relatively more cheaply. This through the market mechanism, a high level of output of goods and services is attained and shared to the benefits of energy participant in the transaction. As with individuals, so with natio...
ABSTRACT This project has traced the evolution of Nigeria’s monetary policy and its performance since the early1980’s, to provide a background to the reviews; it discussed same theoretical aspects of monetary management. On the theoretical aspect it reviewed the concepts of monetary management, the objective of monetary policy and the instruments of monetary policy. The highlights of the Nigeria economy of the 1970’s were the growing importance of oil, the expending role of the publi...
ABSTRACT This project is aimed at finding out how commercial banks control their customers accounts, which actually means the way the commercial banks safeguard their customers accounts and how they carry out their duties as the custodians of their customers accounts. Apart from the study guard at looking of the general activities of the banks with regards to customers accounts this study more specifically involves finding out the rules and procedures set down by these banks for the proper co...