International records / OpenAlex research

Bank Recapitalization Policy and Financial Stability of Banks in Nigeria: A Longitudinal Analysis (2004–2024)

This study investigates the effect of bank recapitalization on the financial stability of Nigerian deposit money banks between 2004 and 2024. Using an ex-post facto research design and balanced panel data from ten banks, the study employs fixed-effects regression with cluster-robust errors, complemented by random-effects diagnostics and difference-GMM estimation. Capital adequacy is found to exert a positive and significant influence on financial stability, while nonperforming loans and bank size negatively affect performance. Recapitalization phases do not independently predict stability once…