BANK FAILURE AND ECONOMIC DEVELOPMENT IN NIGERIA A CRITICAL APPRAISAL

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ABSTRACT

Banks occupy the most strategic point in the financial system of the economy. For a total of banks to between 1992 to 2002 a space of four years, means that somethings definitely is wrong.

Certain question have been asked. Solutions proffered and prospects for the future explained but none of them seems to have solved the problem.

This study is not antagonistic of any other rather it is complementary. Others works have been used here and duly acknowledged but everything is with an intent to find a lasting solution to the issue of bank failure. The study was based upon data collected through information sifted from books, journals annuals, periodicals. In conclusion it will be quite expedient to point out that the Nigerian economy is still under developed one and will take the astuteness of every singler Nigeria to get it out of the doldrums.

It is only when the economy become stable that we shall have a very stable banking environment where failures might not be entirely absent but reduced to rate. The task is not only for the authorities. Every one has as a role to play.

TABLE OF CONTENTS

TITLE PAGE

APPROVAL PAGE

DEDICATION

ACKNOWLEDGEMENT

ABSTRACT

TABLE OF CONTENT

CHAPTER ONE

INTRODUCTION

1.1 The background of the study

1.2 Statement of the problem

1.3 Objective of the study

1.4 Significance of the study

1.5 Limitations of the study

1.6 Definition of term

CHAPTER TWO

LITERATURE REVIEW

2.1 Genesis of Banking in Nigeria

2.2 Similarities and differences among banks

2.3 Role of bank in economic development

2.4 The concept of bank failure

2.5 Cause of bank failure

2.6 Indices of bank failure

2.7 Effect of bank failure

CHAPTER THREE

RECOMMENDATIONS AND CONCLUSION

3.1 Recommendations

3.2 Conclusion

Bibliography

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BANK FAILURE AND ECONOMIC DEVELOPMENT IN NIGERIA A CRITICAL APPRAISAL

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