Bookshelf • Created March 10, 2018 08:34

Osinbajo, Saraki, Dogara, others deliberate on banking reform March 12

Vice-President, Prof. Yemi Osinbajo, leaders of Nigerian parliament, Ministers, governors, finance and banking  professionals as well as stakeholders in the nation’s economy will on Monday, March 12, 2018, converge at the International Conference Centre, Abuja, to unveil a book dedicated to chart the way out to revamp the banking sector. The book titled: “Banking Reform […]

Osinbajo, Saraki, Dogara, others deliberate on banking reform March 12
Osinbajo, Saraki, Dogara, others deliberate on banking reform March 12

Vice-President, Prof. Yemi Osinbajo, leaders of Nigerian parliament, Ministers, governors, finance and banking  professionals as well as stakeholders in the nation’s economy will on Monday, March 12, 2018, converge at the International Conference Centre, Abuja, to unveil a book dedicated to chart the way out to revamp the banking sector.

The book titled: “Banking Reform in Nigeria: The law, The Prospects and The Challenges,” was written by eminent scholar, lawyer, chartered banker and member of House of Representatives, Hon. Dr. ‘Bode Ayorinde.

The guests that will brainstorm at the occasion, reflecting a convergence of the powerbase and decision-making assemblage of the nation’s economy will be led by the Vice President, Senate President, Dr. Bukola Saraki, Speaker of House of Representatives, Hon. Yakubu Dogara and the National Leader of All Progressives Congress (APC), Asiwaju Bola Tinubu.

The book traces the historical development of banking business in Nigeria and critically examines all the laws relating to banking since inception.

The book being presented also examines the issue of bank’s capital requirement, distress management in banks and professionalism in banking business.

The book also critically examines the legal and institutional framework for regulation and supervision of banks in 23 other countries.

It however concludes with an admonition for an urgent reform of the Nigeria banking industry offering some suggestions that would make the banking industry conform to the world’s best practices and in line with the policies of the current administration of President Muhammadu Buhari.

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