The Effect Of Bank Recapitalization On The Economy Of Nigeria

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Over the years, the Nigerian economy is faced with national and global economic challenges and as such, the financial institutions, especially the banking sector has an option of sanitizing and restructuring its operational processes in order to survive the depressed economy, as well as embarking on a consolidation exercise which would have some wider structural effects on the industry and on the economy as a whole.                            Basically, banking is a service industry operated by human beings for the benefit of the general pub…