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Full-Text Articles in Macroeconomics

Impact Of Banking Sector Reforms On The Nigerian Capital Market (Equities)., Peter A. Adekunle Dec 2010

Impact Of Banking Sector Reforms On The Nigerian Capital Market (Equities)., Peter A. Adekunle

Bullion

Following the outcome of the Special Joint Examination by the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC), ten banks were indicted, out of which two were asked to recapitalize, while the Chief Executive Officers (CEOs) and Directors of the remaining eight were removed by CBN based on mismanagement and poor corporate governance. In order to protect the investors as well as prevent unprecedented dumping of the shares of the listed seven banks, two weeks of full suspension was imposed on trading of their shares on the stock market at various times. This paper attempts to determine …


Banking System Credit As An Instrument Of Economic Growth In Nigeria, Andrew O. Agbada Jun 2010

Banking System Credit As An Instrument Of Economic Growth In Nigeria, Andrew O. Agbada

Bullion

Globally, banks in developing countries are expected to play very vital and effective roles in financing their economic projects and activities as their contribution in ensuring sustainable economic growth. This expectation is as a result of the fact that there is acute shortage of capital in the developing countries of the world. ln this paper, attempt was made to address how banking system credit can be used as an instrument of economic growth in Nigeria. The specific objectives that banking system credit were expected to achieve were also stated. lt's was revealed that though credits have increased tremendously in recent …


Banking In The Eighties, Nurudeen Oladapo Dec 1978

Banking In The Eighties, Nurudeen Oladapo

Bullion

The paper is an excerpts from the address of Professor Oladapo, acting Vice Chancellor of the University of Lagos at the opening of the 13th Annual Banking Seminar held at the university of Lagos in October 1978. He discusses some of the challenges associated with lending from financial houses in Nigeria in the 1970s and hopes that Banking in the 80s would be a socially responsible financial system which will stimulate growth and creativity within the economy, and serve as an agent for mobilising the resources of society.