INTRODUCTION
1.1 BACKGROUND OF THE STUDY
In the Nigerian Banking system considering the last decade the Commercial Banking to be precise had under gone a rapid expansion both in terms of the number of Institution and the scope of Financial services rendered. As bank licensing was liberalized so was the seed of instability sown in these banking system at the same time.
As these expansion trend continuous, a sign of lacked vision among the investors and the directors motive of quick returns to satisfy the liquidity operation. The word distress has been in existence but increased promptly as these institution increased due to acute shortage of resources and the massive with drawal of deposit by government agencies and other public sectors from these bank.
The development threatened the Financial structure, expose and undermine the economic system which impede development of the economy.
Therefore, distress places a great burden on regulatory authority, depress the economy, undermine the payment system and discourage savings.
TABLE OF CONTENTS
TITLE PAGEII
APPROVAL PAGEIII
DEDICATIONIV
ACKNOWLEDGEMENTV
ABSTRACTSVI
LIST OF TABLESVIII
TABLE OF CONTENTSIX
CHAPTER ONE
INTRODUCTION
1.1BACKGROUND OF THE STUDY1
1.2STATEMENT OF PROBLEM2
1.3OBJECTIVE OF THE STUDY3
1.4RESEARCH QUESTIONS4
1.5SCOPE OF STUDY5
1.6LIMITATION OF STUDY5
1.7SIGNIFICANCE OF THE STUDY6
1.8RATIONALE/JUSTIFICATION FOR THE STUDY6
1.9DEFINITION OF TERMS7
1.10ASSUMPTION OF THE STUDY8
CHAPTER TWO
LITERATURE REVIEW9
2.1FINANCIAL DISTRESS13
2.2MANAGING DISTRESS IN NIGERIAN BANKS14
2.3ASSESSMENT OF THE RESOLUTION FRAMEWORK
IN NIGERIA AND PROBLEMS21
2.4ACTION TO TACKLE FINANCIAL DISTRESS
2.5CAUSES OF FINANCIAL DISTRESS
2.6MEASURE/EXTENT OF DISTRESS IN NIGERIA
CHAPTER THREE
RESEARCH METHODOLOGY
3.1SOURCE OF DATA39
3.2LIMITATION OF SOURCE OF DATA41
CHAPTER FOUR
FINDINGS43
CHAPTER FIVE
SUMMARY, CONCLUSION AND SUGGESTION FOR
FURTHER RESEARCH
5.1SUMMARY OF FINDINGS47
5.2CONCLUSION48
5.3SUGGESTION FOR FURTHER RESEARCH49
BIBLIOGRAPHY50
