“impact Of Central Bank Of Nigeria (cbn) Prudential Guidelines On Licenced Banks” (acase Study Of First Bank Of Nigeria Plc And Union Bank Of Nigeria Plc).

INTRODUCTIONBefore the introduction of the prudential guidelines, according to CBN circular (1990) some banks were used to declaring huge but unrealized profit, otherwise referred to as “paper profit”. The following problems will be investigated in this study:(a)Did profit figures of the selected commercial banks decrease significantly post prudential guidelines?(b)Did provision for bad and doubtful debts increase significantly under prudential guidelines? LITERATURE REVIEW  The objective of the prudential guidelines is to protect the depositors and prevent the banks from being exposed to cap…