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The bailout financial plan that was constituted by the US government in 2008 had extra bank bailout cons than execs. Up to now years, there were so many small banks out there in Nigeria that these became vulnerable to fraud and other bank malpractices. Therefore, with a purpose to present more reliable financial services, the solution was to carry out mergers. On this approach, the variety of banks obtainable decreased, but the ones that remained had a better capitalization construction and have been reliable. The present Nigerian banks are in a position to supply loans with longer phrases as compared … Read More