ANALYSIS OF QUOTED BANKS’ PERFORMANCE: PRE AND POST POLITICAL TRANSITION IN NIGERIA
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Abstract
This study analyses the performance of quoted hanks in Nigeria before and after the 2015 political transition from PDF to APC. This is necessary because of the major policies changes of the new administration like TSA that affected most of the banks. The performances of the banks were classified in terms of profitability, liquidity and asset quality. Data were collected from the audited financial statements of 14 quoted banks for 2014 (Pre) and 2016 (Post) transition period. The data were analyzed using Wilcoxon sign test to test whether there is a significance difference in the performance of the banks in the two periods. The findings show that there is no significance, difference in the profitability and liquidity performances of the banks but there is la significance difference in the asset quality performance of the banks. Thus, it was recommended that banks should look inward to core banking mandates by concentrating on making the real sector viable