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Banking reform in Nigeria : the aftermath of the 2009 financial crisis

Title: Banking reform in Nigeria : the aftermath of the 2009 financial crisis / Yomi Makanjuola.
Author: Makanjuola, Yomi, 1958-
Publication: Houndbills, Basingstoke, Hampshire ; New York, NY : Palgrave Macmillan, 2015.

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Request for On-site Use Request Scan Available - Can be used on site. Please visit New York Public Library - Schomburg Center to submit a request in person.	Text	Use in library	Sc D 16-238	Schomburg Center - Research & Reference

Details

Description

xiv, 248 pages; 23 cm.

Summary

"In June 2009, when the Nigerian capital market was in freefall and the banking sector was close to collapse, Sanusi Lamido Sanusi was appointed as Governor of the Central Bank of Nigeria (CBN). What followed was a five-year tenure of crisis management. The sub-prime mortgage crisis in the US and the wider economic and financial crises experienced world-wide provide a backdrop to this vivid account. In Banking Reform In Nigeria, Yomi Makanjuola recounts how emerging and less-developed countries like Nigeria embarked on reforms to rescue their financial systems, achieve financial stability and ward off economic recession, while the world's attention was focused on unfolding events in the US and G-20 economies. The book highlights Nigeria's experience in the last decade from the standpoint of the CBN, reviewing events preceding the crisis, the intervention process, the post-intervention fallout and, lastly, lessons learnt from administered reforms.This book provides an in-depth analysis of the financial events that unfolded in Nigeria throughout the last ten years, and would be an invaluable reference point for academics in African finance and to those with in interest in the African and global banking fields. "--

Series Statement

Palgrave Macmillan studies in banking and financial institutions

Uniform Title

Palgrave Macmillan studies in banking and financial institutions.

Subjects

Bibliography (note)

Includes bibliographical references and index.

Contents

Machine generated contents note: -- 1. High Stakes Intervention -- 2. Prelude To The Financial Crisis In 2009 -- 3. Fallout Of Intervention (Part 1) -- Maintaining Financial -- Stability -- 4. Fallout Of Intervention (Part 2) -- Civil Matters -- 5. Fallout Of Intervention (Part 3) -- Criminal Matters -- 6. Ring-Fencing Toxic Assets (Establishment Of Amcon) -- 7. Resolution Of Recapitalisation Through Bridge Banks -- 8. Case Study: The Union Bank Recapitalisation Process -- 9. Aftermath Of Intervention -- 10. Legacies And Lessons Learnt -- 11. Evolution Of The Central Bank Of Nigeria -- 12. Central Banking In The 21st Century.

Call Number

Sc D 16-238

ISBN

9781137493521 (hardback)
1137493526 (hardback)

LCCN

2015001770

OCLC

YBP 2015001770

Author

Makanjuola, Yomi, 1958- author.

Title

Banking reform in Nigeria : the aftermath of the 2009 financial crisis / Yomi Makanjuola.

Publisher

Houndbills, Basingstoke, Hampshire ; New York, NY : Palgrave Macmillan, 2015.

Type of Content

text

Type of Medium

unmediated

Type of Carrier

volume

Series

Palgrave Macmillan studies in banking and financial institutions

Palgrave Macmillan studies in banking and financial institutions.

Bibliography

Includes bibliographical references and index.

Research Call Number

Sc D 16-238

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