AN EXAMMINATION OF THE TECHINQUES OF MANAGING FINANCIAL DISTRESS IN THE NIGERIA BANKING INDUSTRY
ABSTRACT This paper investigates the effective techniques for managing financial distress in the Nigerian banking industry. Financial distress, often marked by insolvency, liquidity challenges, and high operational costs, has been a recurring problem among Nigerian banks. The study focuses on key strategies such as debt recovery, cost reduction, bank recapitalisation, acquisitions, and mergers. Through structured … Read more