ABSTRACT
Banks occupy the most strategic point in the financial system may the economy. For a total of thirteen banks that something in definitely not going on correctly. Certain questions have been asked, solution proffered and prospects for the future explained but none of them seems to have solved the problem. This study is not antagonistic of any other. Rather it is complementary. Other works have been used there and duly acknowledged but everything is with intent to find a lasting solution to the issue of bank failure.
The study was based upon data collected through information sifted from books Journals, annuals, and periodicals. All the relevant data obtained were analyzed generally and used to deduced the findings the major finding include – incideouate attention is accorded the unorganized private sector in favour of the inflationary trends in the economy: not enough attention is research and development not enough attentions is accorded and staff training the problems of bank failure is not systemic. It is only a few banks in the industry that have failed lack of technical expertise in most bank the fact that most bank promoters only set out for initial capital instead of appropriate and compatible fellows poor internal control system ad finally thirteen bank are currently in liquidation. To this effect the following recommendations were presented. Banks should maintain proper internal control system emphasis more on research and development mere emphasis on staff training maintain paid up capital structure that will be relevant to inflationary trends government should ensure that there is an enabling environment. Promoters of compatible status and management should be of high technical skill ability and dynamism in conclusion it will be quite expenditure to point out that the Nigerian economy is still a very under developed one and will take the astuteness of every single Nigerian to get it out of the doldrums. It is only when the economy became stable that we shall have every stable banking environment where failure might bot be entirely absent but reduced to a minimal rate the task is not only for the authorities. Everyone has a role to play.
TABLE OF CONTENT
Title page
Approval page
Acknowledgment
Dedication
Abstract
Table of contents
Chapter One
1.0 Introduction
1.1 The Background of the study
1.2 Statement of the problem
1.3 Objective of the study
1.4 Definition of term
Reference
Chapter Two
2.0 Review of related literature
2.1 Types of Banking in Nigeria
2.2 The Central Bank of Nigeria
2.3 The Development Bank
2.4 Functions of Commercial Bank
2.5 Similarities and Differences Among Bank
2.6 The Role of Bank in Economic Development
2.7 Problems face by Banks
2.8 The concepts of Bank failure
2.9 Cause of Bank Failure
2.10 Indices of Bank Failure
2.11 Effects of Bank Failure
References
Chapter Three
3.0 Research Methodology
3.1 Sample size
3.2 Sources of Data
3.2.1 Secondary Sources
3.3 Method of Analysis
References
Chapter Four
4.1 Findings
4.2 Discussion
References
Chapter Five
4.0 Recommendation and Conclusion
5.1 Recommendation
Conclusion
Bibliography