AN EVALUATION OF THE IMPACT OF MANAGEMENT CRISIS IN NIGERIA FINANCIAL INSTITUTIONS.
TABLE OF CONTENTS
Table of contents
1.1 Background of the study
1.2 Statement of the problem
1.3 Objective of the study
1.4 Research question
1.5 Statement of hypothesis
1.6 Significance of study
1.7 Scope of the study
1.8 Limitation of the study
1.9 Definition of terms
2.1 CHAPTER TWO
2.2 Review of related literature
The consequences of management crisis in Nigeria Financial Institutions.
2.3 Remote and manifest causes of management crisis in Nigeria Financial Institution.
RESEARCH DESIGN AND METHODOLOGY
3.1 Research design
3.2 Date Types
3.3 Date Location
3.4 Population size
3.5 Sample size
3.6 Method of data presentation
3.7 Data analysis
DATA PRESENTATION AND ANALYSIS
Management crisis characterize the Nigeria banking including, Many financial development institutions the imperativeness of management crisis in the Nigeria development financial institutions cannot be therefore be over emphasized. Suffice this to say that the enormity of growth in this sector and the need to meet up with the changing roles of financial institutions have made the development rapid.
Management crisis are bound to be experienced when one examines the changing roles like banking operations and processes, commercial banking, corporate banking, public sector, consumer banking, treasury and financial institutions, credit risks management and so on.
Due to the heavy loss being experienced in most financial institutions a study of the management crisis is apt. Some notable banks have had their license withdrawn, savanna bank plc. Being the most recent. The 2002 annual financial report of one of the biggest banks first bank plc narrated the loss of over 10 million naira. These and more are management crisis dangerously affecting the Nigerian development of financial institutions through the prevalence of management crisis.
1.1 BACKGROUND OF THE STUDY
Financial institutions play pivotal roles in the evaluating of sustainable development anywhere in the world. The need for the study of the subject matter becomes more imperative in the banking industry in Nigeria for as the cheese that lays the golden eggs, economic growth and development of the nation rest squarely on it.
Banks account dominantly for financial institution in Nigeria as a result, a review of the forum of management crisis vehemently exist in banks in Nigeria include the following.
Poor management techniques
Shortage of equipment
Staff in adequacy
Ignorance of modern information technology management of change in information technology.
These factors had been the development of financial institutions in Nigeria.
In this era, when the banking industry is undergoing transformation driven by the changing political climate deregulation, the economy use of technology Local and Foreign Competition and increasing customer sophistication. A banking whose ones would characterize these factors had to be selected ie UBA PLC. This choice is informed by old nature if incorporation on Feb 23 1961 with the introduction of mobile banking services in 1963. The bank introduced UBA GARD with 234 branches in Nigeria and America. It has trained 3832 numbers of staff in Local and international courses. This investigation requires such a bank that has continued to restructure the earning assets with a selective reduction in aggregate credit volumes and on the liability side have secured a good share of the public sector deposits. The research requires bank whole total assets in 2001 stood at N188 billion. The bank equally won the Euro Money best Domestic Bank in Nigeria. The bank which in 2002 was also named by the new fork based global finance magazine as the best trade finance bank in Nigeria for the second year running, one of the only two banks that won the award in Africa the issues of management crisis in Nigeria financial institutions development are believed by experts to be the people in the organization. Any business organization boost of the people in that organization as it’s greatest assets in out fit. It equally follows that on organization especially a financial institution can only be as good as the people you employs
Therefore, the institution should appreciation the individuals that make it up and recognize and appreciate the value of their