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BANK RECAPITALISATION AND ITS EFFECT ON NIGERIAN BANKING INDUSTRIES. A CASE STUDY OF FIRST BANK PLC ABUJA BRANCH

ABSTRACT

This research is carried out on the problems that have pervaded the Nigerian

Banking Industry in the last two decades, which eventually led to distress in the

“Herculean” task of recapitalization.

The topic examines recapitalization from the point of distress and its causes in

the financial system, taking cognizance of customer’s unwillingness to save and

the poor banking habit which is due chiefly to the fact that they have lost

confidence in the Nigerian banking industry. The scramble for cash to meet up

with the recapitalization requirement is also carefully looked at here.

The study also offer positive suggestion not only as to how they can consolidate

their financial position to avoid being caught in a position of unpreparedness for

future recapitalization increases.

Lastly, it tries to educate the readers on the ways recapitalization can help to

address (if not totally eliminate) the problems in the banking industry and its

numerous benefits to the national economy.

TABLE OF CONTENT

Title page- – – – – – – – – i

Approval page – – – – – – – -ii

Dedication – – – – – – – – -iii

Acknowledgement – – – – – – – -iv

Abstract – – – – – – – – – -v

Table of content – – – – – – – -vi

CHAPTER ONE

INTRODUCTION – – – – – – – -1

1.0 Background of the study – – – – -1

1.1 Statement of the problem – – – – -5

1.2 Purpose of the study – – – – – -6

1.3 Significance of the study – – – – -8

1.4 Research questions – – – – – -9

1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39

Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60

Conclusion – – – – – – – – -61

Recommendations – – – – – – – -62

Suggestions for further research – – – – -64

References – – – – – – – – -65

Appendix I – – – – — – – – -68

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