TY  - JOUR
AB  - Purpose– Governments of many developed and developing countries have designed and implemented various financial reforms to enable the sector to play the role of efficient financial intermediation, thereby helping to bolster economic growth and development. The purpose of this paper is to survey past and present literature on the chronology of banking reforms in Nigeria and the implications of the last reform on the Nigerian economy.Design/methodology/approach– The paper is analytical with mode of presentation based on content analysis.Findings– The paper posits that the banking system in Nigeria has come a long way in term of regulations and reforms, number of institutions, structure of ownership, and depth and breadth of operations. However, the various reforms have not yet achieved the desired objectives, either due to poor implementation or improper institutional arrangement or sometimes due to abrupt termination of the reforms.Originality/value– The paper suggests that henceforth, reforms should be designed according to the peculiarities of the Nigerian economy and institutional behaviour, and should be backed by adequate legislation.
VL  - 19
IS  - 4
SN  - 1358-1988
DO  - 10.1108/13581981111182965
UR  - https://doi.org/10.1108/13581981111182965
AU  - Bello Dogarawa Ahmad
PY  - 2011
Y1  - 2011/01/01
TI  - Chronology of banking reforms in Nigeria: A survey of past and present theoretical and empirical literature
T2  - Journal of Financial Regulation and Compliance
PB  - Emerald Group Publishing Limited
SP  - 370
EP  - 382
Y2  - 2024/04/23
ER  -