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THE EFFECT OF MERGERS AND ACQUISITIONS ON THE GROWTH OF NIGERIAN BANKS

CHAPTER ONE 1.1 BACKGROUND TO THE STUDY A sound and competent banking sector is essential for a stable macroeconomic environment, therefore, the importance of commercial banks in a country cannot be overemphasized, because they occupy key positions in a country’s financial system and are essential agents that would lead to the growth of any economy (Oloye & Osuma, 2015). Commercial banks also act as the agents of financial intermediation within ...

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