MERGER AND ACQUISITION AS A VIABLE OPTION FOR EFFECTIVE PERFORMANCE OF BANKING INDUSTRY IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
The research centered on the merger and acquisition as a viable option for effective performance of banking in Nigeria using United Bank for Africa Plc as a case study. In carrying out the research, two (2) hypothesis were stipulated which basically questioned the significant of merger and acquisition on the performance of banks in Nigeria and the significant impact of merger and acquisition on the job performance of an employee in banking industry. To test these hypothesis, chi-square statistical tool was employed. It was found out that merger and acquisition is a viable option for effective performance of banking in Nigeria and that merger and acquisition has great impact on the job performance of an employee in banking industry. It is recommended that, the central bank of Nigeria should set up an Asset Management Company (AMC), Training and Manpower Development (TMD), and employ the use of information and communication technology to ensure effective consolidation process in banking industry.
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