Nigerian Banking Reform: Recent Actions and Future Prospects

26 Pages Posted: 20 Apr 2010

See all articles by Duncan Alford

Duncan Alford

University of South Carolina School of Law; University of South Carolina - Coleman Karesh Law Library

Date Written: April 19, 2010

Abstract

Since his appointment in the summer of 2009, the new Governor of the Central Bank of Nigeria, Lamido Sanusi, has introduced a spate of reforms in response to the global financial crisis and the mismanagement of certain Nigerian banks. This article briefly reviews the history of Nigerian banking and places this latest reform effort within the context of that history, analyzes this reform effort, and suggests some implications of these reforms for Nigeria.

Keywords: banking, bank supervision, Nigeria, banking reform, Central Bank of Nigeria, central bank

JEL Classification: E58, G21, G20, G28

Suggested Citation

Alford, Duncan, Nigerian Banking Reform: Recent Actions and Future Prospects (April 19, 2010). Available at SSRN: https://ssrn.com/abstract=1592599 or http://dx.doi.org/10.2139/ssrn.1592599

Duncan Alford (Contact Author)

University of South Carolina School of Law ( email )

701 Main Street
Columbia, SC 29208
United States

University of South Carolina - Coleman Karesh Law Library ( email )

Main & Greene Streets
Columbia, SC 29208
United States

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