The impact of bank distress on the nigerian banking habit

 

Table Of Contents

  • <p> </p><p><strong>INTRODUCTION</strong></p><p>
  • 1.1&nbsp; &nbsp; &nbsp; Background of the Study</p><p>
  • 1.2&nbsp; &nbsp; &nbsp; Statement of Research Problem</p><p>
  • 1.3&nbsp; &nbsp; &nbsp; Objectives of the Study</p><p>
  • 1.4&nbsp; &nbsp; &nbsp; Research Questions</p><p>
  • 1.5&nbsp; &nbsp; &nbsp; Research Hypothesis</p><p>
  • 1.6&nbsp; &nbsp; &nbsp; Scope of the Study</p><p>
  • 1.7&nbsp; &nbsp; &nbsp; Significance of the Study</p><p>
  • 1.8&nbsp; &nbsp; &nbsp; Research Methodology</p><p>
  • 1.9&nbsp; &nbsp; &nbsp; Definition of Terms</p><p><strong>

Chapter TWO

LITERATURE REVIEW

  • &nbsp; &nbsp; LITERATURE REVIEW</strong></p><p>
  • 2.1&nbsp; &nbsp; &nbsp; Introduction</p><p>
  • 2.2&nbsp; &nbsp; &nbsp; Brief History of Banks in the ‘80s and ‘90s</p><p>
  • 2.3&nbsp; &nbsp; &nbsp; Major Players in the Banking Financial Sector</p><p>2.
  • 3.1&nbsp; Banks</p><p>2.
  • 3.2&nbsp; Central Bank of Nigeria</p><p>2.
  • 3.3&nbsp; Other Regulatory Bodies</p><p>2.
  • 3.4&nbsp; Investors</p><p>2.
  • 3.5&nbsp; General Public</p><p>
  • 2.4&nbsp; &nbsp; &nbsp; Banking Today (Pre-consolidation Era)</p><p>
  • 2.5&nbsp; &nbsp; &nbsp; Banking Crises in Nigeria</p><p>
  • 2.6&nbsp; &nbsp; &nbsp; Concept of Bank Distress</p><p>
  • 2.7&nbsp; &nbsp; &nbsp; Overview of Bank Distress</p><p>2.
  • 7.1&nbsp; Symptoms of Bank Distress</p><p>2.
  • 7.2&nbsp; Causes of Bank Distress</p><p>
  • 2.8&nbsp; &nbsp; &nbsp; Effect of Bank Distress in Nigeria</p><p>
  • 2.9&nbsp; &nbsp; &nbsp; Effect of Bank Distress on the Nigerian Banking Habit</p><p>
  • 2.10&nbsp; &nbsp; Bank Audit</p><p>
  • 2.11&nbsp; &nbsp; Bank Regulatory Agencies</p><p>2.
  • 11.1Central Bank of Nigeria (CBN)</p><p>2.11.
  • 2.Nigerian Deposit Insurance Corporation (NDIC)</p><p>2.
  • 11.3Securities and Exchange Commission (SEC)</p><p>2.
  • 11.4Economic and Financial Crimes Commission (EFCC)</p><p>2.
  • 11.5National Drug and Law Enforcement Agency (NDLEA)</p><p>2.
  • 11.6Debt Management Office (DMO)</p><p>
  • 2.12&nbsp; &nbsp; Banking Today (Post-consolidation Era)</p><p>
  • 2.13&nbsp; &nbsp; Central Bank of Nigeria (CBN) Prudential Guidelines</p><p>2.
  • 13.1Regulatory Issues</p><p>2.
  • 13.2International Financial Reporting Standard (IFRS)</p><p>2.
  • 13.3Asset Management Company of Nigeria (AMCON)</p><p><strong>

Chapter THREE

RESEARCH METHODOLOGY

  • &nbsp; &nbsp; RESEARCH METHODOLOGY</strong></p><p>
  • 3.1&nbsp; &nbsp; &nbsp; Introduction</p><p>
  • 3.2&nbsp; &nbsp; &nbsp; Research Hypothesis</p><p>
  • 3.3&nbsp; &nbsp; &nbsp; Research Design</p><p>
  • 3.4&nbsp; &nbsp; &nbsp; Population</p><p>
  • 3.5&nbsp; &nbsp; &nbsp; Sample Size and Sampling Technique</p><p>
  • 3.6&nbsp; &nbsp; &nbsp; Data Collection Method</p><p>3.
  • 6.1&nbsp; Sources of Data</p><p>3.
  • 6.2&nbsp; Instrument of Data Collection</p><p>3.
  • 6.3&nbsp; Questionnaire Design and Assumptions</p><p>
  • 3.7&nbsp; &nbsp; &nbsp; Method of Data Analysis</p><p>
  • 3.8&nbsp; &nbsp; &nbsp; Validity and Reliability of Instrument</p><p><strong>

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • &nbsp; &nbsp; DATA ANALYSIS AND INTERPRETATION</strong></p><p>
  • 4.1&nbsp; &nbsp; &nbsp; Introduction</p><p>
  • 4.2&nbsp; &nbsp; &nbsp; Presentation of Primary Data Collected</p><p>
  • 4.3&nbsp; &nbsp; &nbsp; Analysis of Questionnaire Data</p><p>
  • 4.4&nbsp; &nbsp; &nbsp; Hypothesis Testing</p><p>
  • 4.5&nbsp; &nbsp; &nbsp; Reliability Statistics</p><p>
  • 4.4&nbsp; &nbsp; &nbsp; Analysis of Secondary Data Collected</p><p><strong>

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • FINDINGS, CONCLUSION AND RECOMMENDATIONS</strong></p><p>
  • 5.1&nbsp; &nbsp; &nbsp; Summary of Findings</p><p>5.
  • 1.1&nbsp; Theoretical Findings</p><p>5.
  • 1.2&nbsp; Empirical Findings</p><p>
  • 5.4&nbsp; &nbsp; &nbsp; Recommendations</p><p>
  • 5.5&nbsp; &nbsp; &nbsp; Conclusion</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Bibliography</p><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Appendix</p><p><strong>LIST OF TABLES</strong></p><p>Table 4.1: Sex &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 50</p><p>Table 4.2: Marital status &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 50</p><p>Table4.3: Age &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 51</p><p>Table 4.4: Educational qualification &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 51</p><p>Table 4.5: Occupation &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 52</p><p>Table 4.6: Working Experience &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 52</p><p>Table 4.7: I am aware of the term bank distress? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;53</p><p>Table 4.8: I have lost money to a bank or heard of someone who has? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 53 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p><p>Table 4.9: I lost some of my confidence in banks thereafter? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 54</p><p>Table 4.10: My dealings and activities with banks were affected? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 54 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</p><p>Table 4.11: I have a bank account? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 55</p><p>Table 4.12: My bank account is mainly for transactionary purpose? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 55</p><p>Table 4.13: My bank account is mainly for safekeeping of my money? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;56 &nbsp;</p><p>Table 4.14: I would rather invest my money than keep it in the bank? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;56</p><p>Table 4.15: If I hear that my bank is distressed, I would attempt to withdraw all my money from the bank immediately? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 57</p><p>Table 4.16: Regular payment of claims to insured depositors in the event of bank liquidation would go a long way to restoring public confidence? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 58 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</p><p>Table 4.17: Non-performing credit facilities contributed to the bank distress? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 58</p><p>Table 4.18: Overdue payment of principal and interest on term loans contributed to the bank distress? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 59</p><p>Table 4.19: Bank distress can be caused by an ‘out of order’ account in respect to overdraft and cash credit? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 60</p><p>Table 4.20: Non-performing assets can affect the operation of the bank? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 60</p><p>Table 4.21: Too many non-performing assets can stretch a firm’s reserves and deposits making it face the risk of distress? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;61</p><p>Table 4.22: All credit facilities offered by the bank should be closely monitored from initiation to finalization to prevent them from becoming ‘non-performing’? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;61</p><p>Table 4.23: Political unrest and turbulence affects the banking industry? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 62</p><p>Table 4.24: Various policies, sanctions and standards put in place by the Central Bank and the Nigerian Deposit and Insurance Corporation in recent times have helped curb certain risks of distress faced by banks? &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 62</p><p>Table 4.25: Testing of Hypothesis 1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 63</p><p>Table 4.26: Testing of Hypothesis 2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 64</p><p>Table 4.27: Testing of Hypothesis 3 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 66</p><p>Table 4.28: CBN Annual Report (1) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;67</p><p>Table 4.29: CBN Annual Report (2) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 68</p><p><strong>LIST OF FIGURES</strong></p><p>FIG 4.1: Total Assets of Deposit Money Banks &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 68</p><p>FIG 4.2: Growth Rate of Total Assets of Deposit Money Banks &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 68</p><p>FIG 4.3: Total Deposit Liabilities of Deposit Money Banks &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 70</p><p>FIG 4.4: Growth Rate of Total Deposit Liabilities of Deposit Money Banks &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 70</p> <br><p></p>

Project Abstract

<p> <em>An efficient and effective financial system is a necessary condition for the effective functioning of a nation’s economy.</em><em>&nbsp;The issue of bank distress has been a reoccurring ill in the Nigerian banking system for some time now. This research work ‘The Impact of Bank Distress on the Nigerian Banking Habit’ has the objective to examine the impact bank distress has on the Nigerian banking habit as well as customers perception towards bank distress. The methodology employed in this research is the primary data, which was obtained through the use of questionnaires and using the Statistical Packages for Social Sciences (SPSS,) ANOVA method was used to analyse the data and test the hypotheses, and the secondary data which was obtained from the CBN Annual Reports. After testing the hypotheses, it was asserted that distress in the Nigerian banking sector has impacted negatively on the Nigerian banking habit, non-performing risk assets contributed to the distress in the Nigerian banking industry and some political and institutional factors are responsible for the bank distress in the Nigerian banking industry. The recommendation made from this project is that Nigerian banks should endeavour to present or publish a true and fair view of their annual financial statement and audit report as this would go a long way in restoring the confidence of the Nigerian banking public and that regulatory bodies should be more diligent in their assignments to prevent decadence in the banking sector.</em> <br></p>

Project Overview

Purchase This Research

Blazingprojects Mobile App

📚 Over 50,000 Project Materials
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Software coding and Machine construction
🎓 Postgraduate/Undergraduate Research works
📥 Instant Whatsapp/Email Delivery

Blazingprojects App
Install Mobile App

Related Research

Banking and finance. 4 min read

- Assessing the Impact of Central Bank Digital Currencies on Cross-Border Settlement...

What This Project Is About A plain-language overview of how digital forms of money issued by a central bank might change how money moves across borders and how ...

BP
Blazingprojects
Read more →
Banking and finance. 3 min read

1) Assessing the Impact of Digital Banking Adoption on SME Financing Access and Perf...

What This Project Is About The project explores how modern banking tools and technologies affect everyday financing, risk, and money management. It spans topics...

BP
Blazingprojects
Read more →
Banking and finance. 2 min read

Impact of Digital Banking Adoption on Financial Inclusion and Customer Profitability...

What This Project Is About A plain-language overview of how digital banking changes access to financial services and how it affects customer profitability for b...

BP
Blazingprojects
Read more →
Banking and finance. 2 min read

Impact of Central Bank Digital Currencies on Commercial Bank Profitability and Risk ...

What This Project Is About A plain-language overview of how central bank digital currencies (CBDCs) might affect how banks earn money and manage risk. The proje...

BP
Blazingprojects
Read more →
Banking and finance. 3 min read

Impact of Open Banking on Retail Banking Revenue and Customer Experience: A Comparat...

What This Project Is About A plain-language overview of how open banking allows customers to share financial data securely with third-party providers and how ba...

BP
Blazingprojects
Read more →
Banking and finance. 4 min read

Impact of Real-Time Payments on Retail Bank Liquidity Management and Customer Experi...

What This Project Is About A plain-language overview of how real-time payments affect how banks manage funds (liquidity) and how customers experience payment se...

BP
Blazingprojects
Read more →
Banking and finance. 2 min read

Impact of Open Banking on Consumer Credit Access in Emerging Markets: A Data-Driven ...

What This Project Is About A straightforward, beginner-friendly look at how open banking—the sharing of financial data with trusted third parties—might affe...

BP
Blazingprojects
Read more →
Banking and finance. 3 min read

Impact of Central Bank Digital Currencies on Financial Inclusion and Monetary Policy...

What This Project Is About A plain-language overview of the topic and what the project investigates. The Problem It Addresses What problem or gap this project ...

BP
Blazingprojects
Read more →
Banking and finance. 3 min read

Impact of Digital Payment Adoption on Financial Inclusion and Bank Profitability: A ...

What This Project Is About A plain-language overview of how digital payments affect who can access financial services and how banks earn money, comparing multip...

BP
Blazingprojects
Read more →
WhatsApp Click here to chat with us