International records / OpenAlex research

Examining the Causes of Bank Failure in Nigeria since Deregulation: Some Empirical Results and Implications of the Policy

This paper examines the causes of bank failure in Nigeria since the inception of the current financial deregulation and the implications of the policy. The analysis, at the theoretical level, suggests that the root of the present financial instability and bank failure can be traced to structural changes in the economy, social and political upheaval, inconsistencies in regulatory and macro economic policies and bank internal problems. However, the empirical evidence seems to suggest that the primary causes of bank failure in Nigeria are banks' internal factors, especially liquidity, profitabili…