The Roles of the Nigeria Deposit Insurance Corporation in the Regulation of Nigeria Banking Sectors (A Case Study of Nigeria Deposit Insurance Corporation, Ilorin)

TABLE OF CONTENTS

Title page                                                                                    i

Certification                                                                                 ii

Dedication                                                                                   iii

Acknowledgement                                                                       iv

Table of contents                                                                         vi

CHAPTER ONE

INTRODUCTION

1.1           Back ground of the study                                                   1

1.2           Statement of the problem                                                   5

1.3           Research questions                                                            6

1.4           Objectives of the study                                                      7

1.5           Research hypothesis                                                          8

1.6           Significance of the study                                                   9

1.7           Scope and limitation of the study                                      9

1.8           Definition of key terms                                                      11

1.9           Plan and organization of the study                                     12

CHAPTER TWO

LITERATURE REVIEW

2.1     The Operation of Nigeria Deposit Insurance                     15

2.2     Historical background of the role of banks in

           economics development                                                    20

2.3     Financial distresses                                                            24

2.4     Deposit insurances scheme in Nigeria                                35

2.5     Resolution of bank distress in Nigeria                               38

2.6     The Nigerian deposit insurance corporation {NDIC}        44

2.7     Role of the deposit insurance corporation in banking

           distress in Nigeria                                                             48

2.8     Other subcommittee of financial sector in Nigerian

          banking system.                                                                 50

2.9     National insurance supervisory boards.                             52

CHAPTER THREE

3.1     Research methodology                                                    55

3.2     Type of data used in the study                                           55

3.3     Sampling method                                                               56

3.4     Method of data collection                                                  57

3.5     Method of data analysis                                                     60

CHAPTER FOUR

PRESENTATION AND ANALYSIS OF DATA

4.1     Data analysis                                                                     61

4.2     The period before the operation of NDIC {1984-1988}    63

4.3     Analysis of regression technique                                       67

 

CHAPTER FIVE

5.1     SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.2     Summary                                                                           70

5.3     Conclusion                                                                        72

5.4     Recommendation                                                               73

          References                                          


CHAPTER ONE

INTRODUCTION

1.1           BACKGROUND OF THE STUDY

The practice of modern banking in Nigeria date back to 1982, the pioneer banks were understandably expatriate institutions set up to facilitate the Colonial administration as well as trade with British.

In 1952, the first indigenous ordinance was made; this ushered in the era of formal banking practice in Nigeria, it established standard before license is granted to operate banks. This was applicable immediately on New Banks and a period of three years was given to all existing banks survived, they include; Agbomagbe bank, African continental Banks, national bank and mercantile bank. The ordinance was later replace with first indigenous banking act of 1959, and has undergone series of amendment in 1972, 1975, 1979 and was fully consolidated by 1990 company and allied matters decree and currently called bank and other financial institution decree of 1991 (BOFID).

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APA

.H., O (2021). The Roles of the Nigeria Deposit Insurance Corporation in the Regulation of Nigeria Banking Sectors (A Case Study of Nigeria Deposit Insurance Corporation, Ilorin). Afribary. Retrieved from https://afribary.com/works/the-roles-of-the-nigeria-deposit-insurance-corporation-in-the-regulation-of-nigeria-banking-sectors-a-case-study-of-nigeria-deposit-insurance-corporation-ilorin

MLA 8th

.H., OMOLAYE "The Roles of the Nigeria Deposit Insurance Corporation in the Regulation of Nigeria Banking Sectors (A Case Study of Nigeria Deposit Insurance Corporation, Ilorin)" Afribary. Afribary, 24 Dec. 2021, https://afribary.com/works/the-roles-of-the-nigeria-deposit-insurance-corporation-in-the-regulation-of-nigeria-banking-sectors-a-case-study-of-nigeria-deposit-insurance-corporation-ilorin. Accessed 22 Nov. 2024.

MLA7

.H., OMOLAYE . "The Roles of the Nigeria Deposit Insurance Corporation in the Regulation of Nigeria Banking Sectors (A Case Study of Nigeria Deposit Insurance Corporation, Ilorin)". Afribary, Afribary, 24 Dec. 2021. Web. 22 Nov. 2024. < https://afribary.com/works/the-roles-of-the-nigeria-deposit-insurance-corporation-in-the-regulation-of-nigeria-banking-sectors-a-case-study-of-nigeria-deposit-insurance-corporation-ilorin >.

Chicago

.H., OMOLAYE . "The Roles of the Nigeria Deposit Insurance Corporation in the Regulation of Nigeria Banking Sectors (A Case Study of Nigeria Deposit Insurance Corporation, Ilorin)" Afribary (2021). Accessed November 22, 2024. https://afribary.com/works/the-roles-of-the-nigeria-deposit-insurance-corporation-in-the-regulation-of-nigeria-banking-sectors-a-case-study-of-nigeria-deposit-insurance-corporation-ilorin