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Social and Behavioral Sciences Commons

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Economics

2010

Central Bank of Nigeria

Banking sector crisis

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Banking Sector Crisis And Resolution Options In Nigeria, U. Kama Mar 2010

Banking Sector Crisis And Resolution Options In Nigeria, U. Kama

Bullion

This paper x-rays banking sector crisis and its resolution options in Nigeria. The causes and impacts of banking crisis as well as the way forward for such crisis will also be examined. The paper is divided into six main sections. Following the introduction, Section 2 gives the conceptual/jurisdictional experience of banking crisis. Section 3 gives an overview of the structure of the Nigerian banking sector, the causes of banking crisis and its impacts on the economy, while Section 4 highlights the various banking sector resolution options and the Nigerian experience in banking sector crisis resolution. Section 5 highlights the way …