Download Tag: RECAPITALIZATION

ABSTRACT Performance  of  an  economy determines  the  position of  the particular nation in the world. The better the performance of an economy and the large economic resources it holds, the higher the level of influence of such country in the entire world.  There are many sectors of human endeavor that form the economic chain of a nation. Among these human activities or commercial activities are oil and gas, manufacturing and ...

CHAPTER ONE INTRODUCTION 1.0   BACKGROUND OF THE STUDY The Nigerian banking industry has witnessed tremendous changes and expansion since the mid 1980s. Unfortunately the growth and expansion in the sector are not the manifestation of a sound or vibrant banking system known anywhere in the world. Most banks in Nigeria are characterized by inadequate capital base, poor services, high rate of bankruptcy, lack of management expertise, bad debt syndrome and ...

CHAPTER ONE INTRODUCTION 1.0  BACKGROUND TO THE STUDY The process of recapitalization has been in existence right from the 1980’s, but it is more intensified in recent time because of the impact of globalization which is precipitated by continuous integration of the world market and economies. Recapitalization is the substantial injection of capital into a company. This implies making the company more solid or stronger by increasing its capital base ...

ABSTRACT The global phenomenon in the financial service industry is the consolidation of the financial activities towards ensuring financial stability. It is occurring at a rapid pace due to changes in economic environment, which often alter the constraints faced by financial service firms. The main objective of this study is to examine the effect of recapitalization of banks on Nigerian economy. Secondary data was gathered from CBN statistical bulletin on ...