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Bullion

Keywords

Development, Banking and Finance Industry, Institutional Framework, Ownership Structure.

Abstract

This paper provides a historical review of the ownership structure of Nigerian banks from the beginning of banking activities in the country in 1894 to the present. It shows that the ownership structure has both influenced changes in the institutional and legal framework and has also been influenced by them. The paper also analysed some of the implications of the changing structure of ownership and offered some recommendations.

Author Bio

The author is the Managing Director and Chief Executive of First Bank of Nigeria Plc.

Publication Title

CBN Bullion

Issue

2

Volume

16

Included in

Finance Commons

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