Banking Failures In Nigeria: Causes, Implications And Remedies.

INTRODUCTION1.1 BACKGROUND OF STUDY Banks are generally recognized and accepted to be a body that play a catalytic role in the process of economic growth and development. In any society, they are theThe brain of economic stimulation and growth. When there is bank failure in any economy, such economy is terribly affected.     Bank are the holders of the bulk of the nations monetary supply. This is becoming increasingly so as the public awareness of the services of banks increase and as the physical presence of banks rises throughout the country. Because of the supply of mone…