THE IMPACT OF CENTRAL BANK OF NIGERIA PRUDENTIAL GUIDELINES ON THE FINANCIAL STATEMENT OF LICENSED(A CASE STUDY OF FIRST BANK OF NIGERIA PLC AND UNION BANK OF NIGERIA PLC)

Code: 78CDF761F60421  Price: 4,000   61 Pages     Chapter 1-5    6343 Views

THE IMPACT OF CENTRAL BANK OF NIGERIA PRUDENTIAL GUIDELINES ON THE FINANCIAL STATEMENT OF LICENSED (A CASE STUDY OF FIRST BANK OF NIGERIA PLC AND UNION BANK OF NIGERIA PLC)

 

ABSTRACT

The prudential guidelines for licensed banks which are based on globa banking standards, imposed far-reaching requirements in the classification of risk assets and provision for bad and doubtful debts. Since its introduction in November 1990 the implementation of the guidelines has had a profound impact on the operations of banks. In this project, the researcher has succeeded in identifying the features of the prudential guidelines as well as its impact on published financial statements of commercial banks in Nigeria. Published financial statement of the banks for the period of 1990 that is, the inception of prudential guidelines were examined and with that of the period 1994-1998 the prudential guidelines period.           Both primary and secondary sources of data were used in the course of the research. Two hypothesis  were tested using chi-square test.  The research work revealed that:-

  1. The net profit position of commercial banks in Nigeria have been significantly altered since the implementation of the prudential guidelines.
  1. The provision for bad and doubtful debts of commercial banks in Nigeria have significantly increased since the implementation of the prudential guidelines.

The exercise was concluded with suggestion for further study which include:-

  1. further research be conducted to ascertain the impact of the prudential guidelines on the overall activities of all licensed banks in Nigeria.
  2. Further research be carried out on the central bank of Nigeria monitoring implementation measures concerning banks and non-banks financial institutions in Nigeria.

 

TABLE OF CONTENTS

CHAPTER ONE

Introduction                                                                                                1

1.1     Statement of problem and objective of

the study                                                                                1

1.2     Rationale of the study                                                             1

1.3     Significance of the study                                                                   2

1.4     Definitions of terms                                                                 4

CHAPTER TWO                  

Review of Related Literature                                                             6

2.1     Theoretical review                                                                             6

  1. Empirical review                                                                     17

CHAPTER THREE    

Research design and methodology                                                    21

  1. Hypothesis                                                                              21
  2. Methodology of study                                                             22
  3. Limitation of study                                                                  24
  4. Sources of data                                                                        25

CHAPTER FOUR       

4.1     Presentation of data                                                                27

4.2     Analysis of data                                                                      32

4.3     Discussion of the result of analysis                                         42

CHAPTER FIVE         

5.1     Summary of the study                                                             44

5.2     Conclusion                                                                              45

5.3     Recommendation                                                                     47

Bibliography                                                                           48

Appendix questionnaire                                                          52

 

THE IMPACT OF CENTRAL BANK OF NIGERIA PRUDENTIAL GUIDELINES ON THE FINANCIAL STATEMENT OF LICENSED (A CASE STUDY OF FIRST BANK OF NIGERIA PLC AND UNION BANK OF NIGERIA PLC)


Terms of Use: This is an academic paper. Students should NOT copy our materials word to word, as we DO NOT encourage Plagiarism. Only use as a guide in developing your original research work. Thanks.

Disclaimer: All undertaking works, records, and reports posted on this website, eprojectguide.com are the property/copyright of their individual proprietors. They are for research reference/direction purposes and the works are publicly supported. Do not present another person’s work as your own to maintain a strategic distance from counterfeiting its results. Use it as a guide and not duplicate the work in exactly the same words (verbatim). eprojectguide.com is a vault of exploration works simply like academia.edu, researchgate.net, scribd.com, docsity.com, course hero, and numerous different stages where clients transfer works. The paid membership on eprojectguide.com is a method by which the site is kept up to help Open Education. In the event that you see your work posted here, and you need it to be eliminated/credited, it would be ideal if you call us on +2348064699975 or send us a mail along with the web address linked to the work, to eprojectguide@gmail.com. We will answer to and honor each solicitation. Kindly note notification it might take up to 24 – 48 hours to handle your solicitation.

Material Information
  • ₦4,000.00 1 Price:
  • 61 2 No. of Pages:
  • 5 3 No. of Chapters:
  • No 4 Has Implementation:
FOR ENQUIRIES WE ARE AVAILABLE 24/7

Contact us on

DEPARTMENT
LAW