The Dynamics Of Managing The Nigerian Financial System In The 21st Century
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The Nigerian Banking Sector Reforms
Author | : Seth Apati |
Publisher | : |
Total Pages | : 224 |
Release | : 2011 |
Genre | : Banks and banking |
ISBN | : 9780230317598 |
This is the first comprehensive book on the politics and economics of financial sector consolidation in an emerging market in West Africa. It draws on the author's twenty years experience working with multinationals in this oil-rich zone, to address key issues and examine banking reform in one of the world's fastest-growing economies. With over $400 billion looted from the porous banking sector of Africa's oil-rich giant, Nigeria, banking sector reform is a key priority for the Central Bank and the newly-elected civilian regime, to attract foreign investors. However, several vested institutional and political interests make the reforms a herculean and near impossible task. After a hastily-designed economic policy and a banking industry consolidation which reduced the number of banks from 89 to 25 in 2 years, the regulators discovered that the quest for size reduction had created more problems for the banks. Was the consolidation successful? Did it impact positivelyon Nigeria's economic reform programme? And how did the US, the IMF and the World Bank contribute to the outcome? This book presents an almost minute-by-minute chronicle of the politics and intrigues, from a key boardroom participant who was actively involved in the restructuring of the Nigerian banking industry. It examines the corruption, regulatory challenge, and financial sector reforms in the world's largest black economy.Giving avivid account of how the banking sector in Nigeria prospered at the expense of the overall economy, the book traces the origins of the Nigerian banking reform, the dynamics of its banking sector, and future outlook of this emerging market - a country that aims to be one of the 20th largest economies in the world by 2020.
Understanding the Nigerian Financial System for Secondary School Students
Author | : Anthony Osae-Brown |
Publisher | : AuthorHouse |
Total Pages | : 140 |
Release | : 2016-05-18 |
Genre | : Business & Economics |
ISBN | : 1524610291 |
Everybody wants money, but few understand the so-called mystery behind the making and spending of money. If money grew on trees, the tree will be called the financial system, because that is the place where money is created and consumed. Those who understand how the financial system work are always in a better position to make more money than those who do not understand it. This book aims to create an understanding of the Nigerian financial system. It is written for secondary school students and adults seeking to understand the financial system. Students who read this book will become working adults with a better understanding of the financial system and of how to make more informed decisions about making and spending money.
The Nigerian Financial System
Author | : G. O. Nwankwo |
Publisher | : |
Total Pages | : 204 |
Release | : 1980 |
Genre | : Business & Economics |
ISBN | : |
Dynamics of the Nigerian Financial System
Author | : Herbert Onyekwere Orji |
Publisher | : |
Total Pages | : 17 |
Release | : 1990 |
Genre | : Banks and banking |
ISBN | : |
An Integral Approach to Development Economics
Author | : Dr Basheer A Oshodi |
Publisher | : Gower Publishing, Ltd. |
Total Pages | : 395 |
Release | : 2014-02-28 |
Genre | : Business & Economics |
ISBN | : 1472411277 |
Developing economies such as those in sub-Saharan Africa are searching for realistic economic policy prescriptions. Despite economic growth in countries like Nigeria, poverty and unemployment blight the lives of many, in the midst of plenty. Simultaneously, much neo-classical economic thought is being questioned against the backdrop of global economic meltdown, giving rise to inquiry about more integral approaches to sustainable development. In An Integral Approach to Development Economics, Basheer Oshodi examines modernization theories, dependency theories, world system theories and emerging 21st century economic theories and links a neo-modern mix of economic thought with the practicalities of finance in parts of the World where poverty is rife. In a specifically African setting, over half of the population are Muslims, Oshodi considers Islamic finance in the context of the triple heritage of indigenous culture, Westernized Christianity, and Islam. He argues that the principles of Islamic banking and finance can be integrated with other elements of that heritage, focusing on meeting the challenges of poverty and unemployment. Islamic finance is not just a religiously-oriented, Sharia-compliant, alternative financial model. It can contribute to overall socio-economic transformation and a wider, people-centred approach to economic development. International organizations, financial institutions, reserve banks, policy makers, donor agencies and students will find resonance in this valuable addition to Gower’s Transformation and Innovation Series.
Nigerian Financial System
Author | : Osaruyi Erhabor |
Publisher | : |
Total Pages | : 460 |
Release | : 2002 |
Genre | : Banks and banking |
ISBN | : |
The Structure of the Nigerian Financial System
Author | : B. O. Iganiga |
Publisher | : |
Total Pages | : 270 |
Release | : 2000 |
Genre | : Banks and banking |
ISBN | : |