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CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY ... 1.2 STATEMENT OF THE PROBLEM AND OBJECTIVE OF THE STUDY  Over the years the federal government was saddled with the problem of the debt owned depositors by failed banks. This the government our this as a big problem because more banks are licensed and this means more liability for the federal government. The government after looking critically at the problem decided ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY The federal government of Nigeria ride decree No 22 established the Nigeria deposit insurance corporation in July 1988, This regulatory institution is set up to insure  all deposit liabilities of licensed banks and other financial institutions the NDIC act Capt 301 L.F.N 1998 further stress on the establishment of the NDIC by the federal government to incuse bank deposit protect depositors ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Prior to 2006,distress in the Nigerian banking industry had become more great source of concern to the entire financial system, the scale was generally induced until 2008, when the body called Nigerian deposit insurance corporation begun its operation on the safety and soundness of the depositors and  system basically in Nigeria. Consequently, the introduction of the structural adjustment programmed had not given ...