The aim of the project is to provide
information to the public on the “effect of bank failure in Nigeria” it is
geared towards bringing to light some of the activities or services rendered by
the banking industry bank failure causes and the effect to it. The project is made up of five chapters.
The chapter deal with the interaction, this
takes about the background information about the evolution of the banking
system and bank failure.
The seconding chapter deals with review of
related literature in this topic high lighting different writing opinion
concerning bank failure causes and bank depositors it also discusses the roles
of banks in Nigeria economic development.
More so the third chapter deals with the
procedure and sources include background information population and sample
construction of instrument the statistical method used in the analysis of the
various data etc.
The further chapter discusses the date
analysis and interpretation it also spiffed the responses of the respondents
from the various research questions.
Finally chapter five provides the summary of
the whole study recommendation conclusions and also area of further research.
Table of contents
Objective of study
Statement of problem
Significance of study
Statement of hypothesis
Scope of the study
Limitation of the study
Definition of terms
REVIEW OF RELATED LITERATURE
Concept of banking
The role of bank in Nigeria economic development
Causes of bank failure
Effect of bank failure
Regulatory effects in meeting the challenge of bank failure
RESEARCH DESIGN AND METHODOLOGY
Sources of data
Method of investigation
Data presentation and analysis
Data presentation and analysis
Test of hypothesis
Summary of finding, conclusion and recommendation
2.0 REVIEW OF RELATED LIBERATION
This chapter reviews relevant texts or
iterative of the contributions of scholars and researcher on bank and bank
related issues. Such issues that are
contained here are concepts of banking the role of banks in Nigeria economic
development causes of bank in Nigeria economic development, causes of bank
failure of the regulatory authorities to prevent failure of banks.
CONCEPT OF BANKING
Any realistic appraisal of banking related
issues must start by taking into cognizance the concept or meaning of
banking. This brings about the question
of what is bank? What function role do banks perform in any economy?.
Oxford advanced learner dictionary of current
“Bank” mean the establishment for keeping
money and valuable safely” the money being paid out on the customer’s order (by
means of cheque)
Funk and Wagnauti’s (new encyclopedia) define
a bank as a “term applied to describe a variety of institution established for
one or more purposes the purpose according to them include making loan and
extending credit to facilitate the transmission of founds by cheques and by bills of
exchange and hold money on deposit and to disburse it, to exchange the currency
for that of another and issue money.
THE ROLE OF BANK IN NIGERIA ECONOMIC DEVELOPMENT
Bank have numerous roles in the economic development
of any nation this depends on the objective for setting up such bank example of
bank are commercial banks merchants band development banks to mention a few.
Cardose (1979) commenting on the role and
contribution of commercial bank to Nigeria’s economic development he emphasized
“commercial bank are dual intermediates in the domestic and international
spheres. He stressed that at the
domestic level the bank mobilize funds from the “surplus” sector to the deficit
sector of the economy. While at the international level they provide the
channel through which foreign exchange is transferred to or received from other
countries in settlements of international transactions commercial bank has been
emphasized on due on due to the special serve which they render which other
bank might not render which includes; acceptance of saving and current