Nigerian Banks and Global Challenges – Further Evidence
1. Abstract of Economics, Finance and Management Outlooks, 2013, Vol.1
DOI: 10.18488/journal.1003/2013.1/1003.1
1st International Conference on Economics, Finance
and Management Outlooks
20-21 December, 2013
Pearl International Hotel, Kuala Lumpur, Malaysia
Conference Website: www.pakrdw.com
21
Nigerian Banks and Global Challenges – Further Evidence
OGUNDINA John Ayodele1
1
Department of Accounting and Finance Lagos State University, Ojo Lagos – Nigeria
Abstract
This paper x-rays the Nigerian banking sector as well as the various reforms embarked
by the Central Bank of Nigeria to strengthen Nigerian banks. Ranking of Nigerian
banks among the top 1000 world banks was also examined. The paper is of the view
that for Nigerian banks to compete favourably with her peers globally, they need to
embrace good corporate governance, put customers’ on the drivers’ seat, embark on
innovative approaches to business designs, application of sharply focus technology
among others.
Keywords: Nigerian Banks, Global challenges.