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Banking Consolidation in Nigeria

  • Carlos Barros
  • Guglielmo Caporale

This study examines the Nigerian banking consolidation process using a dynamic panel for the period 2000-2010. The Arellano and Bond (1991) dynamic GMM approach is adopted to estimate a cost function taking into account the possible endogeneity of the covariates. The main finding is that the Nigerian banking sector has benefited from the consolidation process, and specifically that foreign ownership, mergers and acquisitions and bank size decrease costs. Directions for future research are also discussed.

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File URL: http://pascal.iseg.utl.pt/~cesa/RePEc/cav/cavwpp/wp99.pdf
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Paper provided by CEsA - Center of African, Asian and Latin American Studies in its series CEsA Working Papers with number 99.

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Date of creation: Jan 2012
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Handle: RePEc:cav:cavwpp:wp99
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CEsA - Center of African, Asian and Latin American Studies, University of Lisbon, Rua Miguel Lupi 20, 1249-078 Lisboa, Portugal

Web page: http://pascal.iseg.utl.pt/~cesa/

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