The evolution and development of banking business is a function of the ever increasing need to move fund from one area of surplus to the area of deficit (financial intermediation) and safe keeping of funds and valuables.

For banks to properly assume these responsibilities, it must be built on solid financial foundation such that is capable of withstanding the test of time.

It therefore stands to reason that, the ongoing recapitalization exercise in the financial institutions is sin quo non for a healthy banking practices. Recapitalization is a process of its reengineering a bank through enhancement of its financial resources, to redress its inadequacies of the past and fortify it for challenges of the future.

This project work centered on the various options available to banks to improve their paid up capital to the required amount of N25billion in carrying out this research, the researcher did not shy away from the fact that recapitalization policy of banks should be unveiled to the extent required to make progress in identifying the options which is mainly where the searchlight.

The evolution and development of banking business is a function of the ever increasing need to move fund from one area of surplus to the area of deficit (financial intermediation) and safe keeping of funds and valuables.

For banks to properly assume these responsibilities, it must be built on solid financial foundation such that is capable of withstanding the test of time.

It therefore stands to reason that, the ongoing recapitalization exercise in the financial institutions is sin quo non for a healthy banking practices. Recapitalization is a process of its reengineering a bank through enhancement of its financial resources, to redress its inadequacies of the past and fortify it for challenges of the future.

This project work centered on the various options available to banks to improve their paid up capital to the required amount of N25billion in carrying out this research, the researcher did not shy away from the fact that recapitalization policy of banks should be unveiled to the extent required to make progress in identifying the options which is mainly where the searchlight beam most.

Furthermore, the options as the researcher was able to identify in this work includes:

1 The capitalization of reserve

2 The new issue procedure

3 Merger and acquisition among banks

4 Right issues etc. this was mainly from conference papers, seminar papers, authors of opinion etc.

TITLE PAGE

CERTIFICATION

DEDICATION

ACKNOWLEDGEMENT

ABSTRACT                                                                              

PROPOSAL                                                                             

TABLE OF CONTENT        

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

1.2 STATEMENT OF THE PROBLEM

1.3 PURPOSE/OBJECTIVE OF THE STUDY

1.4 RESEARCH QUESTIONS

1.5 RESEARCH HYPOTHESIS

1.6 SIGNIFICANCE OF THE STUDY

1.7 SCOPE, LIMITATIONS AND DELIMITATIONS

1.8 DEFINITION OF TERMS

CHAPTER TWO

REVIEW OF THE RELATED LITERATURE

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1 RESEARCH DESIGN

3.2 AREA OF STUDY

3.3 POPULATION

3.4 SAMPLE AND SAMPLING TECHNIQUES

3.5 INSTRUMENTS OF DATA COLLECTION

3.6 METHODS OF DATA PRESENTATION

3.7 METHOD OF DATA ANALYSIS

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

CHAPTER FIVE

FINDINGS, RECOMMENDATION AND CONCLUSION61