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Impact of Pre and Post Bank Consolidation on the Growth of Nigeria Economy

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Executive Summary

The bank consolidation programmes required banks in Nigeria to employ various strategies organic or Merger and Acquisition to consolidation their capital base. This paper empirically analyzed the impact of pre and post bank consolidation on the growth of Nigerian economy using T-test. The paper observed that post bank consolidation have significant positive effect on the growth of Nigeria economy; pre bank consolidation has positive and insignificant effect on economic growth. The implication of the paper are the Merger and Acquisition growth strategy results in superior economic growth and that pre bank consolidation is not significant to economic growth.

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