International Journal of Innovative Research and Development

Abstract

The aim of this study is to investigate the impact of the capital restructuring on the performance of Deposit Money banks in Nigeria. The researchers used secondary data sourced from the published financial statements of Deposit Money banks in Nigeria from 1994-2013, and central bank of Nigeria (CBN) statistical bulletin publication and NDIC annual reports to test the hypotheses. While the simple regression analysis was employed to test the hypotheses formulated for the study. The findings from the result revealed that capital restructuring has no statistical significance on deposit money banks performance. The study therefore recommends that the central bank of Nigeria (CBN) and the regulatory bodies should put in place a stronger banking supervision and monitoring team on daily base to sustain the performance of the banking sector. 

Keywords

Full Text