THE EFFECT OF RECAPITALIZATION OF BANKS ON THE NIGERIAN ECONOMY
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 50 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 3,777 times
Delivery: Within 24 hoursABSTRACT
The global phenomenon in the financial service industry is the consolidation of the financial activities towards ensuring financial stability. It is occurring at a rapid pace due to changes in economic environment, which often alter the constraints faced by financial service firms.
The main objective of this study is to examine the effect of recapitalization of banks on Nigerian economy. Secondary data was gathered from CBN statistical bulletin on GDP, bank capitalization, number of distressed banks, number of banks, from the year 1990-2007. The gathered data was analyzed using the multiple regression models on statistical package for social sciences (SPSS). The research showed a strong correlation coefficient between the dependent and the independent variables. Hence, our finding revealed that there is a significant and thus positive relationship between bank recapitalization, number of banks, number of distressed banks and GDP.
Hence, this research work recommends that there should be effective training and manpower development, asset management company (AMC), cross border merger, and the use of modern information and communication technology. These are to ensure stability, effectiveness and efficiency in the system. Thus, from the analyzed data and other findings, this research work concludes by recapitalization of banks as improved the Nigerian economy.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
ASSESSING THE NEXUS BETWEEN CAPITAL BUDGETING AND PERFORMANCE OF CORPORATE ENTITIES
ASSESSING THE NEXUS BETWEEN CAPITAL BUDGETING AND PERFORMANCE OF CORPORATE ENTITIES CHAPTER ONE INTRODUCTION 1.1 Background Of The Study An effic...More »
Item Type: Project Material | 54 pages | 0 engagements |
- 2.
AN INVESTIGATION OF EARNINGS MANAGEMENT AND ITS EFFECT ON CORPORATE TAX AVOIDANCE
AN INVESTIGATION OF EARNINGS MANAGEMENT AND ITS EFFECT ON CORPORATE TAX AVOIDANCE CHAPTER ONE INTRODUCTION Background of the study Companies see ...More »
Item Type: Project Material | 57 pages | 847 engagements |
- 3.
THE CAUSES AND CONSEQUENCES OF FLOOD ON THE SOCIO - ECONOMIC LIVELIHOOD OF URBAN AREAS OF KENYA
THE CAUSES AND CONSEQUENCES OF FLOOD ON THE SOCIO ECONOMIC LIVELIHOOD OF URBAN AREAS OF KENYA CHAPTER ONE INTRODUCTION 1.1 Background of the Study ...More »
Item Type: Project Material | 57 pages | 1,034 engagements |
- 4.
IMPLICATIONS OF FUEL SUBSIDY REMOVAL CRISIS IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 Background of the study The removal of fuel subsidies in Nigeria has been a subject of considerable controversy and de...More »
Item Type: Project Material | 54 pages | 3,086 engagements |
- 5.
AN INVESTIGATION INTO THE CAUSES AND EFFECT OF HIGH EXCHANGE RATE ON THE NIGERIA ECONOMY 2019-2023
AN INVESTIGATION INTO THE CAUSES AND EFFECT OF HIGH EXCHANGE RATE ON THE NIGERIA ECONOMY 2019 2023 CHAPTER ONE INTRODUCTION 1.1 Background of the s...More »
Item Type: Project Material | 54 pages | 1,824 engagements |
- 6.
A CRITICAL EVALUATION ON THE IMPACT OF SUBSIDY WITHDRAWAL IN 2023 ON THE ECONOMIC GROWTH OF NIGERIA
CHAPTER ONE INTRODUCTION 1.1 Background of the study Globally, fuel subsidy reform is increasingly seen as an opportunity for consolidating publi...More »
Item Type: Project Material | 54 pages | 1,619 engagements |