ABSTRACT
The challenge identified by this research was the manner of collaterisation of credits by financial institutions. It was discovered that due to the volume of funds available at the disposal of financial institutions as a result of the consolidation exercise and stiff competition towards making substantial margin of profits, some financial institutions often comprise or even ignore standard in giving out credit to their customers because of a combination of factors viz: Insider credits Desire to make huge profits Political reasons Ethnic considerations Thus, as a result of the above factors, financial institutions often get saddled with lots of bad debts which usually militate against the growth of an organization with the likelihood of distress and corporate failure since the credits were not given based on business considerations. To arrest this situation, regulatory authorities like the Central Bank of Nigeria and the Nigeria Deposit Insurance Corporation should commence the enforcement of the provisions of the Banks and Other Financial Institutions Act which provides for various categories of offences and penalties relating to Bank officers who give credit facilities that were supposed to be backed by security, without such securities.
BACKGROUND TO THE STUDY
The Senate Committee on Media and Public Affairs is one of the Standing Committees of the 8th Se...
ABSTRACT
The increase in tax evasion and actual tax revenue collected but not fully remitted to the gov...
ABSTRACT
This study was centered on social network website. It was observed that connecting socially helps improvement of department acti...
ABSTRACT
The central focus of this study is on the effects of insecurity on the socio- economic activi...
Statement of the Problem
In spite of the rapid growth of Lagos in recent times, road transport remains the main means of transportation i...
ABSTRACT
This study assessed the impact of Poverty Reduction Programmes as a Development Strategy in Be...
ABSTRACT
This study investigated the causes and patterns of female criminality, using criminological an...
ABSTRACT
This study examines the quality of graduates produced by the tertiary institutions in Nig...
Abstract
One of the major problems which face manufacturing companies is the growing trend of input costs which erode business profit and...
ABSTRACT
Nigeria faces a plethora of security challenges ranging from violent extremism, to farmerherder conflict, banditry, a revived se...