Review Of The Nigerian Banking Industry In The Year 2001

INTRODUCTION This chapter provides the background to the Nigerian banking industry in the year 2001 with the Nigerian banks in focus. It is indisputable that inspite of the competition going on in the already existing banks within the industry.  Many new generation banks still spring up.  These are as a result of several factors like nature of services rendered by the banks their expansion plans, the quest to meet up with profit margins acceptable by the body of stake holders, seeking markets for their services etc. During this period the banking industry was misrepresented the banks…