THE IMPACT OF RECAPITALIZATION ON SHAREHOLDERS RETURN IN NIGERIANBANKING INDUSTRY


THE IMPACT OF RECAPITALIZATION ON SHAREHOLDERS RETURN IN NIGERIANBANKING INDUSTRY
ABSTRACT This research work focuses on the Effect of Information Communication Technology (ICT) on deposit mobilization and profitability of banks in Nigeria. It also revealed how computer technology is being used in taking strategic decisions in an organization, with the usage of computer technology. It helps to discover how efficiently and effectively the bank(s) are performing as regards deposit mobilization and trend(s) in profitability. Some research instrument(s) were used in this continuous writing were: Interview, Questionnaire and Observations which were illustrated with charts and (Chi-square). It starts with background of the study up to final recommendation to the higher
CHAPTER ONE
1.0       INTRODUCTION
Capital occupies a vital position in any business in which bank is included capital is particularly important in the banking industry, that is adequacy is a comfort to the depositor or the shareholder. Bank are to be adequately capitalized in order to perform their role in building the nation economy.
According to the editorial of Nigeria bankers (2003) “The nature of Nigeria banking industry was healthy and sound from the independent in 1960 to their deregulation and the liberalization of the industry which started kin and middle of 1980’s, situation changes drastically since manifestation of bank distress that subsequently cleared the life of 37 banks from 1994 to 2003 in which their problems can be traced bank to the undercapitalization of these banks.
The National Economic Empowerment and Development (NEEDs) 2004, is the initiative of the Obasanjo’s administration aimed at reforming the entire economy of the nation Nigeria. Under the NEEDs    the financial service in clear with the country are to reformed, given clear with the country are to be reformed, given that “the success of NEEDS will depend in part on the ability of the financial intermediaries to play their roles by adopting the strategy of addressing low capitalization, the poor governance practice of financial  intermediaries that submit inaccurate reformation to regulatory authorities and to strengthen and rationalize the regulatory and supervisory framework in the financial sector.
The reform agenda under NEEDs is saying categorically that the low capitalization of banks must be death with achieving the goals of NEEDs.
According to Sanusi (2005) “The new capital accord, base II of 1998 tackle the issue of capital at the inception, the major element of based committee of the 1998 capital accord included the explicit unmake of capital requirement to a bank question and degree of risk and establishment of internationally, comparable minimum capital requirements. Combining the objectives if National Economic Empowerment and Development Strategy (NEEDs) and that of the new capital accord based II of 1998 it will be deduced that up with the global economic and financial trend and ensigncy the economic development of Nigeria.
Ogunniyi (2005) is of the opinion that the Central Bank of Nigeria as empowered by BOFIA from time to time determine the minimum paid up share capital of categories of bank in Nigeria in which there were upward review from time to time. The issue of recapitalization to banks to the time of #25 billion was announced by CBN governor Charies Soludo on the 6th July, 2004 generated a lot of controversies but if practically examine, it is what the nation need for overall economic growth.
CLICK THIS LINK FOR THE COMPLETE MATERIAL - THE IMPACT OF RECAPITALIZATION ON SHAREHOLDERS RETURN IN NIGERIANBANKING INDUSTRY

Comments

Post a Comment

Popular posts from this blog

Home Economics As A Field Of Study And Its Benefits

Image
  Home economics as a field of study usually to a common man bring to the mind about sewing aprons, cooking, and baking cake.  But however, home economics as a field of study has illuminated the mind so much in the 20 th century to know that home economics covers a wide range of studies, including food and nutrition, clothing and textiles, child development, sociology, and consumer protection. When home economics was first introduced in the late 1800s, the study was somehow in addition to other functions to help students prepare for life on the farm and helping their families. In the 20 th  Century, the study acted as a bridge for students to enter into institutions of higher learning and later into professions. Students who graduated from these advanced programs went on to teaching positions to pass on this knowledge and some are led into positions in hospitals, restaurants, hotels, and even government. Along these lines, as universities and other tertiary instituti...
Read more

HOW TO SELECT A DECENT PROJECT TOPIC - www.researchwap.com

Image
The educational program states that so as to be awarded a degree once the graduating, there's ought to perform an enquiry in an exceedingly field of study. Consequently, this is often done at the ultimate year level all told university establishments. loads of scholars have challenge once it involves selecting an enquiry topic. this is often as a results of the actual fact that they lack information on the fundamentals of selecting a decent analysis topic such most students score poor grades at the top of it or maybe ought to amendment topic midway through. This write up thus is aimed toward serving to final year student understand the necessities once it involves selecting an enquiry topic.  STEPS IN SELECTING A PROJECT TOPIC  In order to impose order on the selection method and create the method less frustrating, we propose the subsequent procedure for the choice of an enquiry topic:  • want a purposeful space or areas of primary interest appreciate Engineering...
Read more

EXCELLENT ACCOUNTING PROJECT TOPICS AND RESEARCH MATERIALS

Image
Researchwap is site programmed to assist students both undergraduate and post graduate in research. In stock are a plethora of accountingproject topics and research materials to aid students of that field in the compilation of their research work. Below are sample of project and seminar works available on the website: 1.             THE CONTRIBUTION OF FINANCIAL INSTITUTIONS IN NIGERIA TO THE GROWTH OF MANUFACTURING INDUSTRY 2.             TAX KNOWLEDGE, TAX ATTITUDE, AND PERCEPTION OF TAX FAIRNESS AS PREDICTORS OF TAX COMPLIANCE AMONG INCOME EARNERS IN LAGOS STATE 3.             INTERNAL AUDIT PROCEDURES AND PROBLEMS IN A BANKING INSTITUTION 4.             INTERNAL AUDIT AS A CONTROL FOR EFFICIENT MANAGEMENT IN NIGERIA PUBLIC ENTERPRISES (A CASE ST...
Read more