The Role of the Nigerian Deposit Insurance Corporation in the Regulation of Nigeria Banking Sector

ABSTRACT

The Nigerian banking sector plays a major role in economic development in any country. These they do, through financial intermediation and other banking functions to encourage real sector or innovate productive activities. However, distress in banking sector cannot be totally erased because like other forms of businesses, risks are involved. In combating this, the central bank of Nigeria served as the apex in the banking sector and performs regulatory and supervisory activities to create and sustain confidence in the banking sector, in the public, government, owners and the economy. For proper supervision and monitoring regulatory activities due to various reforms in the banking sector, the Nigeria deposit insurance corporation was established to provide complimentary functions with the central bank in sanitizing the banking sector. However, their major function was to insure all deposit liabilities of banks so that confidence can be installed in the banking sector.

 TABLE OF CONTENTS

Title page

Certification

Dedication

Acknowledgement

Abstract

Table of contents

CHAPTER ONE

1.0    Introduction                                                        1      

1.1    Background of the study                                    1

1.2    Justification of the study                                    11

1.3   Objective of the study                                          12    

1.4   Problem of the study                                            14

1.5   hypothesis of the study                                        15

1.6   Scope of the study                                               16

1.7   Definition of Terms                                              17

1.8   Organization of the study                                    19

 CHAPTER TWO

2.0   LITERATURE REVIEW                                        22    

2.1   The role of banks in economic development       22

2.2   Financial distress                                                 27

2.3   Deposit insurance scheme in Nigeria                  42

2.4   The  Nigerian  insurance cooperation                 53

2.5    Other sub- committees of financial

sector in  Nigerian  banking  system

CHAPTER THREE

3.0   RESEARCH METHODOLOGY

3.1   Introduction

3.2   Type of data used

3.3   Sampling method

3.4   Method of data collection

3.5   Methods of data analysis

CHAPTER FOUR

4.0   DATA PRESENTATION AND ANALYSIS

4.1   Introduction

4.2   The period before the operation of NDIC (1984-1988)

4.3   Analysis of Regression Technique

4.4   Computation of correlation co-efficient showing the

degree of positive or negative relationship

CHAPTER FIVE

5.0   SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1   Summary

5.2   Conclusion

5.3   Recommendations

 REFERENCES