Central Bank of Nigeria, Research Department
Nigerian financial system, Banks and banking, Fraud
Using a concentric circle analysis, the paper provides a framework for examining the centrality of the borrower/ user or manager of funds in the stability of the financial system. The paper advocated among others, the rejuvenation of the value system, involvement of banks in project ideas and packaging, institutionalization and implementation of bankruptcy law as well as application of incentives and sanctions.
Kayode, M. O., Odusola, Ayodele F. (2004). Debugging and sanitizing the Nigerian financial system. Economic and Financial Review, 42(1), 1-33.