BANK FAILURE AND DEVELOPMENT IN NIGERIA A CRITICAL APPRAISAL

By

ONUH NKIRU AC/N2002/238

Presented To

Department of Accountancy

PREFACE

Banks occupy the most strategic point in the financial system of the economy. For a total of banks to fall between 1992 to 2002 a space of four years means that something’s definitely is wrong. Certain question have been asked solution proffered and prospects for the future explained but none of them seems to have solved the problem.

TABLE OF CONTENT
Cover Page I
Title page II
Approval page III
Dedication IV
Preface V
Table of content VII

CHAPTER ONE
1.1 The background of the study 1
1.2 Statement of problem 5
1.3 Objective of study 7
1.4 Limitation of the study 8
1.5 Definition of terms 9
1.6 Reference

CHAPTER TWO
2.1 Review of related literature 11
2.2 Genesis of banking in Nigeria 11
2.3 Types of banking in Nigeria 17
2.4 Similarities and difference among banks 21
2.5 Role of bank in economic development 23
2.6 The Nigeria banking system 27
2.7 Problems faced by banks 33
2.8 The concept of bank failure 36
2.9 Causes of bank failure 37
2.10 Effect of bank failure 40
2.11 Reference 42

CHAPTER THREE
3.1 Recommendations and conclusion 43
3.2 Conclusion 45
Bibliography 49


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