Aza, Solomon Mangba2023-12-102023-12-102013-01-01Aza, S.M. (2013). BANKING SECTOR REFORMS AND FINANCIAL SAVINGS IN NIGERIAhttps://keffi.nsuk.edu.ng/handle/20.500.14448/640The paper assesses Banking Sector Reforms and Financial Saving in Nigeria. The study focus on the impact of the Financial Sector Reforms on Savings post consolidation. To carry out this study, data on savings for the period of 1998 to 2011 were obtained from Central Bank of Nigeria (CBN) statistical Bi dle ting from 2011. The data of the period 1998 to 2004 was pre-consolidation and 2005 to 2011 post-consolidation were subjected to T-lest for analysis. And line graph and percentage were used as descriptive tools. The result of the study shows that savings in Nigeria Bank rose astronomically after the consolidation. It was recommended that the consolidation should be sustained through efficiency to win depositors’ trust in the system by new and good approaches to banking operations, supervisions, strict adherence to the principle of cooperate governance, transparency and operational discipline, cutting cost, recover non-performing loans, involving Economic and Financial Crime Commission (EFCC) and independent Corrupt practice Commission (ICPC) in monitoring banking operation, giving good interest rate to attract more depositenArticle