Abstract:
In this study the researcher evaluated the impact of bank consolidation on the performance of the Nigerian banking industry. The study was saddled with three objectives: to evaluate the impact of recapitalization on the profitability of Nigerian banks; to evaluate the impact of recapitalization reform on the deposit mobilization of banks; to evaluate the impact of recapitalization reform on the shareholders' earnings of banks. Using different statistical ratios and regression model analysis supported by the f-test (ANOVA), it was found that banking sector recapitalization legislation has always been a means of strengthening the capital base of banks in Nigeria. It has always been achieved through legislation. Since the 1952 banking ordinance witnessed about eight (8) minimum capital legislation, all with the intent of stabilizing the financial system. However, it was also found that with each minimum…
