The objective of this study is to assess the recapitalization policy and the banks performance in Nigeria, also to know the history of recapitalization policy and how it has fare over the years, and the benefit of this recapitalization to Nigeria banks. Data were sourced from secondary sources, this secondary data include, online source, journals and central bank of Nigeria statistical bulletin publication.
The major findings indicate that recapitalization policy has significant effect on bank performances in Nigeria, these significant effect are enhancing capabilities to finance larger project, increase in financial deepening, increase in foreign investment, building public confidence, investment in the real sector of the economy, higher returns to the shareholder, financial system stability etc. All these significant effect is as a result of increment of capital base of banks over the years, saving mobilization and real gross domestic products.
1.1 Introduction
In this section, Recapitalisation Policy and the Banks Performance in Nigeria (1995 – 2010) is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.