Bank Distress In Nigeria: Causes, Consequences And Solutions.

ABSTRACT The issue of bank distress has become a disturbing one in Nigeria. 1he effective performance of a developing economy like ours depends largely on the efficiency of the banking sector. Given the consequences of bank distress, the problem has become a major source of concern to the government, the regulators of financial institutions and to the general public. This study assesses the distressing phenomenon, and the extent of distress in the banking sector and at the same time analyses the major causes, consequences and solutions to the distress. The sample size to this study is determi…