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Consolidation of the Nigerian Banking sector is one of many reforms of the Gen. Obasanjo's administration that Nigerians have to embrace happily. (Victor E, 2007)
Prior to the reforms, the industry was highly fragmented, with many banks having very small and undiversified capitalisation. With a much higher capitalisation base, the Nigerian banking sector will be expected to play an important role in financing economic development through increased credit to the private sector.
These reforms will also serve to highlight crucial gaps in the skills currently to be found within the banking sector and those needed within the new banking environment...
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