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Central Bank of Nigeria

Bullion

2015

Central Bank

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Financial Soundness Indicators: The Case Of Nigeria, Baba N. Yaaba, Idris Adamu Dec 2015

Financial Soundness Indicators: The Case Of Nigeria, Baba N. Yaaba, Idris Adamu

Bullion

This paper adopted the concept as designed by the Fund to examine the soundness of the Nigeria Banking Sector from 3007Q1 to 20014Q4. From the result of the financial Soundness Indicators (FSIs) complied for Nigeria, it is obvious that the indicators can serve as reliable and consistent tools, capable of detecting vulnerabilities in the system. The study, therefore, recommends that adequate attention be paid to the indicators by the Central Bank. The Bank is urged to strive to gain full understanding of the concept as well as design additional framework for using the indicators so as to enable her take …