LOAN ADMINISTRATION AND MANAGEMENT IN SELECTED THREE NIGERIAN BANKS

📄 Project Abstract

Nigeria as a developing nation is in dire need of a vibrant economy anchored on productivity, which is in turn anchored on liberal loan management and administration of Nigerian banks. According to Moha (2006:110), for any developing country to escape the vicious circle of poverty, there has to be foresight and insight into the funding of entrepreneurial activities to stimulate production in all sectors of the economy. This function has to be undertaken by the banks through effective and profitable loan administration and management. According to Lopez (2005:210), Japan was one country known for making fake products. These products, he noted, have been greatly improved as a result of liberal loans management and administration from banks. In his own submission, Adeniyi (2006:62), said one major constrain to production in the Sub-Saharan Africa, is the poor funding. Leadership, he said, is the rallying point of all activities, which is far from policies. For any economy to be transfor...