Banking Distress In Nigeria Causes And Implications

INTRODUCTION1.1 BACKGROUND OF THE STUDY The issue of bank distress has been a problem which financial institutions suffer must.  The era of all for free banking in Nigeria brought which can be traced as of (1892) when banking started in Nigeria gave room for the establishment of many banks because there was little or no laws guiding banking business.  Because the was no law or supervisions on establishment of banks, many banks were established without adequate capital requirement. Morestill, the era of Structural Adjustment Programme (SAP) and deregulation brought another face in the…