THE IMPACT OF CAPITALIZATION ON THE BANKING INDUSTRY AND THE NIGERIAN ECONOMY (AN EVALUATION)
ABSTRACT The CBN in its search for a more robust, stronger and stable banking system, reeled out a 13 point reform agenda in July 6, 2004 direct among other things, that operators in the banking sub-sector should raise their capital base to N25 billion with full compliance by December 31, 2005. Although the minimum capitalization segment of the bank consolidation exercise has since been achieved, In the light of the ...
Read more