The Role of Nigerian Deposit Insurance Corporation in the Regulation of Nigeria Banking Sector

ABSTRACT       

 

         The Nigerian banking sector plays a major role in economic development in any country. These they do, through financial intermediation and other banking functions to encourage real sector or innovate productive activities. However, distress in banking sector cannot be totally erased because like other forms of businesses, risks are involved. In combating this, the central bank of Nigeria served as the apex in the banking sector and performs regulatory and supervisory activities to create and sustain confidence in the banking sector, in the public, government, owners and the economy.

 

         For proper supervision and monitoring regulatory activities due to various reforms in the banking sector, the Nigeria deposit insurance corporation was established to provide complimentary functions with the central bank in sanitizing the banking sector. However, their major function was to insure all deposit liabilities of banks so that confidence can be installed in the banking sector.

Title page

 

Certification

 

Dedication

 

Acknowledgement

 

Abstract

 

Table of contents

 

CHAPTER ONE

 

1.0 INTRODUCTION

 

1.1 Background of the study

 

1.2 Problems of the study

 

1.3 Justification of the study

 

1.4 Objectives of the study

 

1.5 Hypothesis of the study

 

1.6 Scope of the study

 

1.7 Definition of terms

 

1.8 Organization of the study

 

 

CHAPTER TWO

 

2.0 LITERATURE REVIEW

 

2.1 The role of banks in economic development

 

2.2 Financial distress

 

2.3 Deposit Insurance Scheme in Nigeria

 

2.4 The Nigerian Deposit Insurance Corporation

 

2.5 Other sub-committees of financial sector in Nigerian Banking system

 

CHAPTER THREE

 

3.0 RESWARCG METHODOLOGY

 

3.1 Introduction

 

3.2 Type of data used

 

3.3 Sampling method

 

3.4 Method of data collection

 

3.5 Methods of data analysis

 

CHAPTER FOUR

 

4.0 DATA PRESENTATION AND ANALYSIS

 

4.1 Introduction

 

4.2 The period before the operation of NDIC (1984-1988)

 

4.3 Analysis of Regression Technique

 

4.4 Computation of correlation co-efficient showing the degree of positive or negative relationship

 

CHAPTER FIVE

 

5.0 SUMMARY, CONCLUSION AND RECOMMENDATIONS

 

5.1 Summary

 

5.2 Conclusion

 

5.3 Recommendations

 

REFERENCES