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Periodical article | Leiden University catalogue | WorldCat |
Title: | Concentration in the commercial banking industry in Nigeria |
Author: | Uchendu, Okorie A. |
Year: | 1998 |
Periodical: | The Nigerian Journal of Economic and Social Studies |
Volume: | 40 |
Issue: | 3 |
Pages: | 385-394 |
Language: | English |
Geographic term: | Nigeria |
Subjects: | economic concentration banking |
Abstract: | Two measures of concentration - the Herfindahl-Herschman Index and the concentration ratio of the market share of Nigeria's three major commercial banks - are used to measure and investigate concentration in the Nigerian commercial banking industry since 1985. The results of the analysis suggest that the commercial banking industry in Nigeria is highly concentrated, that oligopoly exists in the commercial banking market, that the deregulation of the financial industry in the mid-1980s as part of the structural adjustment programme (SAP) introduced considerable competition as new commercial banks emerged, and that the subsequent liquidation of many banks due to financial distress could have engineered a reconcentration of the industry. Bibliogr., notes, sum. |