Mergers and Acquisitions in the Nigerian Banking System PDF Download

Author:
Publisher:
ISBN: 9789789572342
Category : Bank mergers
Languages : en
Pages :

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Author: Oluseyi Aju
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659435508
Category :
Languages : en
Pages : 132

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Book Description
This work reviews conceptual perspectives on mergers and acquisitions, and its impact on the Nigerian banking consolidation program. Through an exploratory research approach that relied on secondary data, relevant financial ratios were used in analyzing a five-year (2002-2007) financial statement of Skye Bank and its post-merger share price movement. An unsteady post-merger profitability was initially evident between year 2004 and 2005, however, the study shows a fairly substantial improvement in the overall financial performance of Skye Bank over the period of five years covered in the analysis. This study further analyzes relevant factors that could have enhanced an improved or unimproved post merger performance of Skye Bank. A performance summary of Skye Bank between 2008 and 2009 was also explored. The study concludes with appropriate recommendations.

Author: Heiko Hesse
Publisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 36

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Book Description
This paper uses unique bank-by-bank balance sheet and income statement information to investigate the intermediation efficiency in the Nigerian pre-consolidated banking sector during 2000-05. The author analyzes whether the Central Bank of Nigeria's policy of recent banking consolidation can be justified and rationalized by looking at the determinants of spreads. A spread decomposition and panel estimations show that the reform of the banking sector could be the first step to raise the intermediation efficiency of the Nigerian banking sector. The author finds that larger banks have enjoyed lower overhead costs, increased concentration in the banking sector has not been detrimental to the spreads, both increased holdings of liquidity and capital might have led to lower spreads in 2005, and a stable macroeconomic environment is conducive to a more efficient channeling of savings to productive investments.

Author: Oluseyi Oluwabukunmi Aju
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: Joseph Femi Adebisi
Publisher: LAP Lambert Academic Publishing
ISBN: 9783847329466
Category :
Languages : en
Pages : 224

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The book was written with the central focus on the impacts of bank consolidation in line the guidelines and directives of the Central Bank of Nigeria. With the minimum capital base of twenty five billion naira (N25bn)which most banks then could not afford, the most appropriate option left was for them to embark on merger and acquisition. This led to the fusing together of two or more banking entities through organisational restructuring that bred new banking outfits in Nigeria. To a large extent the book has X-rayed the processes and procedures for merger and acquisition on one hand and the resulting positive impacts on the Nigerian economy. The book is able to highlight the synergistic derivatives in pooling both financial and human capital together. In its quest to strike a balance the book equally identify the challenges emanating from in banking industry in Nigeria.

Author: Ehikioya George Ikwele
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 73

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Author: Abdulmalik Aliyu Ismail
Publisher:
ISBN:
Category : Bank mergers
Languages : en
Pages : 48

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Book Description
This study examines the role of mergers and acquisitions in the banking sector of the Nigerian economy from 2005 to 2010. During this period, Commercial banks in Nigeria shrank from 89 to 24. Dr Chukwuma Soludo was said to have "visualized a vision coupled with a goal which was to consolidate and build upon the achievements of the sector especially in the previous decade and to take the system to greater heights." (Alao, 2010). This study was carried out with the questionnaire constructed by the researcher and distributed to selected banks in Yola, Adamawa state Nigeria. Analysis of data showed that bank mergers and acquisitions has helped economic growth, but increased unemployment in the Banking industry.

Author: Olufemi Saibu
Publisher:
ISBN:
Category :
Languages : en
Pages : 9

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The paper examines the impact of bank consolidation on financial inter-mediation using data from the Nigerian bank industry from 2002 to 2010. Two models were specified and estimated: one for the lending activity and the other for the deposit activities. The model for lending activity has an interest rate on the loan as the dependent variable and deposit rate represents the dependent variable in the deposit model. The results showed that merger and acquisition, which was the main policy instrument for bank consolidation, has a significant effect on both lending and deposit activities of the banks in Nigeria. The result also shows that changes in the degree of average competition in bank markets proxied by the spread between interest rate among the banks is positive and significant in both the loan and deposit markets. This confirms the high level of price competition among the banks. The consolidation exercise had significant positive effects on both financial inter-mediation and especially on deposit mobilization. The study concluded though, the consolidation policy might have had other side effects, it has at least led to higher deposit mobilization, higher competition but however, it has led to higher cost of borrowing and spread between lending and deposit rates.

Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 36

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Author: Ladi Taiwo
Publisher: Kluwer Law International B.V.
ISBN: 9403529814
Category : Law
Languages : en
Pages : 185

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Book Description
Derived from Kluwer’s multi-volume Corporate Acquisitions and Mergers, the largest and most detailed database of M&A know-how available anywhere in the world, this work by highly experienced partners in the leading international law firm Abdulai, Taiwo & Co. provides a concise, practical analysis of current law and practice relating to mergers and acquisitions of public and private companies in Nigeria. The book offers a clear explanation of each step in the acquisition process from the perspectives of both the purchaser and the seller. Key areas covered include: structuring the transaction; due diligence; contractual protection; consideration; and the impact of applicable company, competition, tax, intellectual property, environmental and data protection law on the acquisition process. Corporate Acquisitions and Mergers is an invaluable guide for both legal practitioners and business executives seeking a comprehensive yet practical analysis of mergers and acquisitions in Nigeria. Equivalent analyses of M&A law and practice in some 50 other jurisdictions, all contributed by leading law firms, are accessible on-line at www.kluwerlawonline.com under Corporate Acquisitions and Mergers.