Mergers And Acquisitions As A Survival And Growth Strategies On Nigeria Economy (A Study Of Some Selected Banks In Nigeria)
ABSTRACT
The
strategic importance of merger and acquisition to the corporate survival and
growth of banks operating in Nigeria cannot be overemphasized. Merger and
acquisition increases the capital base of banks operating in Nigeria and also
ensures that banks are equipped financially and otherwise to withstand
pressures arising from operating in a competitive or dynamic business
environment. Most companies merge with or acquire other companies in order to
form synergy, to gain competitive advantage over others operating in the same
market, while others merge with or acquire others banks in order to increase
their market coverage and supply chain (Adegbaju, 2007). Banks contribute
significantly to the development and sustainability of any economy. As a matter
of fact, they are the cornerstones of the economy of a country. The economies
of all market-oriented nations depend on the efficient operation of complex and
delicately balance systems of money and credit. Banks are an indispensable
element in these systems.
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ONUOHA, N (2021). Mergers And Acquisitions As A Survival And Growth Strategies On Nigeria Economy (A Study Of Some Selected Banks In Nigeria). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/mergers-and-acquisitions-as-a-survival-and-growth-strategies-on-nigeria-economy-a-study-of-some-selected-banks-in-nigeria-7-2
NWAMAKA, ONUOHA. "Mergers And Acquisitions As A Survival And Growth Strategies On Nigeria Economy (A Study Of Some Selected Banks In Nigeria)" Mouau.afribary.org. Mouau.afribary.org, 16 Sep. 2021, https://repository.mouau.edu.ng/work/view/mergers-and-acquisitions-as-a-survival-and-growth-strategies-on-nigeria-economy-a-study-of-some-selected-banks-in-nigeria-7-2. Accessed 01 Nov. 2024.
NWAMAKA, ONUOHA. "Mergers And Acquisitions As A Survival And Growth Strategies On Nigeria Economy (A Study Of Some Selected Banks In Nigeria)". Mouau.afribary.org, Mouau.afribary.org, 16 Sep. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/mergers-and-acquisitions-as-a-survival-and-growth-strategies-on-nigeria-economy-a-study-of-some-selected-banks-in-nigeria-7-2 >.
NWAMAKA, ONUOHA. "Mergers And Acquisitions As A Survival And Growth Strategies On Nigeria Economy (A Study Of Some Selected Banks In Nigeria)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/mergers-and-acquisitions-as-a-survival-and-growth-strategies-on-nigeria-economy-a-study-of-some-selected-banks-in-nigeria-7-2