The Implication Of Recapitalization Policy On The Performance

OF UNITED BANK FOR AFRICA [UBA] 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, hug rate of bankruptcy, lack of management expertise, bad debt syndrome and greater exposure to fraud. In addition, many have poor database and lack of reliable information o…