0704-883-0675     |      dataprojectng@gmail.com

THE IMPACT OF BANK FAILURE IN NIGERIA ECONOMY (A CASE STUDY OF SAVANNAH BANK OF NIGERIA PLC)

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 5000

ABSTRACT

The aim of this research study is to analyze and ascertain the extent to which fraud and poor management contributed to bank failure through a careful analysis of banking industry with a particular reference to the presently embattled Savannah Bank of Nigeria Plc. whose operating license was recently revoked.

Chapter one examined the historical development of banking in Nigeria, recognizing the catalytic roles of the business of banking in the economy, together with other introductory analysis on the extent of bank failure and fraud and their effect on the development of banking business in Nigeria.

In chapter two, an overview of bank failure in Nigeria economy was made. Emphasis were laid on their genesis, caused (fraud and poor management), control issues involved in bank failure management. Particular attention was drawn on the impact of banking business in the overall development of the people, and economy and the implications of its failure. The controversy surrounding the revocation of the operating license of Savannah Bank Plc and the prospects of banking business were also treated.

In chapter three, the research narrated how the various data for this study were collected and which informations were used with a view to realizing the objectives of the study.

In chapter four, tables of percentages were used to present and analyze the data collected and which information were used with a new to realizing the objective of the study.

In chapter four, tables of percentages were used to present in analyze the data collected while chi-square method was used to test the postulated hypothesis.

Finally, in chapter five, a critical analysis of the research study revealed that bank failure in Nigeria are attributable principally to fraud, poor management team and adverse economic conditions among other institutional and non- institutional factors. However, it was recommended among other things that due to the peculiar and strategic position of the banking industries and their synergistic effects of change arising. Therefore government should closely monitor the activities of bands through their agencies/regulatory authorities without necessarily politicizing their mandate Banks should equally strengthen their internal control measure. Moreover, if the regulatory authority saddle with the responsibility of managing industry keep an eagle in the industry’s activities, it will stem the tide to bank meddling with the fortunes of depositors shareholders and other interested parties and forth overall benefit of the economy. This is in view of the catalytic role of banking business in the economic confidence in the banking public.      Further research on very relevant linked area of the research topic was also suggested by the research. This is in view of the dynamism, and inexhaustibility of the topic of study.

 

 




FIND OTHER RELATED TOPICS


Related Project Materials

THE ROLE OF COST ANALYSIS FOR STRATEGIC INVESTMENT DECISIONS

Abstract: THE ROLE OF COST ANALYSIS FOR STRATEGIC INVESTMENT DECISIONS

This research explores the role of cost analysis in strategic inve...

Read more
DOMESTIC_AIRPORT_TERMINAL_BUILDING

BACKGROUND TO THE PROJECT

The airpot terminal is a building at an airport where passengers transfer between ground transportation and the...

Read more
THE IMPACT OF E-COMMERCE ON TRADITIONAL SALES CHANNELS

THE IMPACT OF E-COMMERCE ON TRADITIONAL SALES CHANNELS

This research assesses the impa...

Read more
ASSESSMENT OF HUMAN ACTIVITIES ON GLOBAL WARMING

ABSTRACT

This study was carried out to assess of human activities on global warming using federal...

Read more
An Evaluation of Financial Mismanagement in Nigerian Universities: Evidence from the University of Ibadan

Background of the Study

Financial management is a critical factor influencing the effectiveness of universities in achieving their educat...

Read more
SELF-CONCEPT AND MOTIVATION AS CORRELATES OF STUDENT'S ACADEMIC PERFORMANCE IN MATHEMATICS IN MKPAT ENIN LOCAL GOVERNMENT AREA

Background of the Study

In modern Nigeria, a larger focus is being placed on industrial and technologic...

Read more
An Investigation of the Barriers to Effective Geriatric Care in Katsina State

Background of the Study

Geriatric care is increasingly recognized as a critical compon...

Read more
An investigation into the availability of resources for students with hearing impairments in Yola North LGA, Adamawa State.

Background of the Study
The availability of educational resources is a critical determinant of academic success, particula...

Read more
An Evaluation of Logistics Outsourcing and Its Impact on Cost Savings in MTN Nigeria, Kwara State

Background of the Study

Logistics outsourcing is a strategic practice where businesses delegate some or all of their logistics operations...

Read more
The Impact of Environmental Taxes on Corporate Behavior in Nigeria: A Case Study of Cement Manufacturing Firms

Background of the Study

Environmental taxes are designed to internalize the costs of e...

Read more
Share this page with your friends




whatsapp