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Problems obstructing the effectiveness of the banking sector in Nigeria.
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[QUOTE="Good-Guy, post: 212278, member: 29109"] It is really sad to see that Nigeria is having such kind of issues related to banking. However, the fact is that there are many other countries who are also facing such kind of system issues that are related to the banking sector. I think that there are many reasons why banking industry in a particular country might suffer. One of the biggest reasons is the lack of right amount of funds that are crucial to run the banking sector in the right way. Capital is important for all kinds of industries and businesses. So banking is also a kind of sector that needs capital to survive. There are many other problems associated with banking sector that should be addressed. I think that the original poster did a really good job by mentioning the problems associated with administration. A lack of proper administration structure could also be bad for banks no matter how huge the supply of capital is! Of course each and every country has a limited supply of capital and it is the job of the administration to carry out business operations in such as way that would allow the banking system to run smoothly. These are some problems that should be solved. [/QUOTE]
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Problems obstructing the effectiveness of the banking sector in Nigeria.
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