CHECKING DISTRESS IN THE NIGERIAN BANKING SECTOR: THE ROLE OF ACCOUNTANTS AND AUDITORS
CHAPTER ONE BACKGROUND TO THE STUDY 1.1 INTRODUCTION Distress in the Nigerian banking sectors is a problem that bank has in this recent time. This seems as if the regulatory authorities appeared to be fighting a losing battle to sanitize the system. Ebtiodaghe (1996) observed that banking distress occurs when customers were unable the loss of their deposits and consequent breakdown of their contractual obligation. The central bank fails to meet its ...
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