AN EXAMINATION OF THE IMPACT OF FAILED BANKS ON NIGERIA ECONOMY

ABSTRACT: This research work in failed banker is with a view to examine its impact one the Nigerian economy.  The statement of problem in this research work aimed at finding if there are reductions in the flow of inventible resources that could be channeled to the productive sector of the economy. Chapter three showed how the researcher made a random selection of 100 respondents from 3 selected banks arrived at a sample size of 50 which implies that 50 questionnaires were distributed and all were returned. Chapter four, the major finding was summed up in just one sentence which is “Bank failure has almost crippled Nigerian economy and this implies that bank failure retards the economy’s rate of capital formations and ultimately the face of economic growth concluding with chapter five, the researcher suggests that further researchers should research on the role of monetary authorities in bank failure prevention.