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What are the contributions of commercial banks to the development of Nigeria?
what are the roles of commercial banks to sports development in nigeria
Historical evolution of commercial of banks in Nigeria?
evolution of commercial banking in Nigeria
How many commercial banks are in nigeria?
There ar 24 commercial bank in nigeria
Commercial banks and agricultural development in Nigeria?
yes
Where are the headquarters of the commercial banks in Nigeria?
Their headquater is located at Lagos state.
Uniform financial year end for commercial banks in nigeria?
December 31st
The effects of bad and doubtful debts on the profitability of a commercial banks in nigeria?
Bad and doubtful debts decrease the amounts of profits that a commercial bank in Nigeria can make. Because the banks cannot collect these debts, they make significant losses.
Which banks merged to become unity bank plc?
The merger that gave rise to Unity Bank Plc was initially between six banks, namely:o First Interstate Bank Plco Intercity Bank Plco Pacific Bank Limitedo Tropical Commercial Bank Plco CentrePoint Bank Plc ando Societe Bancaire Nigeria LimitedAt the conclusion of the merger and after the birth of Unity Bank Plc, three banks, namely:New Nigeria Bank,New Africa Bank andBank of the North Ltd,applied to join Unity Bank, bringing the total to nine (9) banks in all.
How many banks are in Nigeria?
There are 25 consoludated banks in Nigeria.
List of commercial bank in Nigeria and their activities as related economy growth?
Currently there are about 25 licensed commercial banks in Nigeria, these banks have been givenn license to carry out different commercial banking activities in Nigeria, however, it should be noted that there are other banking institutions (mortgage, microfinance etc) that also carry out different forms of banking activities in the country Their activities as related economy growth can be found here:
How central bank of nigeria controls other commercial banks?
central bank control other bank by giving them loan and it debited their account.
How merger of banks reduces cost?
Merger of banks (especially one strong and one bank) helps in reducing manpower, overhead expenses thereby improving financial health.
