Sulaiman, A.S. AruwaMusa, Mohammed Naburgi2023-12-102023-12-102014-11-07Aburime, M., Uhomoibhi, T., & Toni, M. (2008). Determinants of Bank Profitability: Company-Level Evidence from Nigeria. Second Annual Conference, the Department of Finance, University of Lagos, pp 1-6. Adewumi, S. (1996). The Effects and Challenges of Financial Liberalization. The Nigerian Banker. Adeyemi, K.S. (2006). Banking sector consolidation in Nigeria: Issues and Challenges. Position paper. Ajayi, M. (2005). Banking sector reforms and bank consolidation: Conceptual framework”, Bullion, Vol. 29, No. 2. Akinsulire, O. (2005). Financial management, Ceenol Nigeria ltd, Lagos- Nigeria, pp. 492- 505, 3rd Edition. Akintoye I.R., & Somoye R.O.C. (2008). “Corporate governance and merger activity in the Nigerian Banking Industry. Some Clarifying Comments”, International Research Journal of Finance and Economics, Issue 19. Ppl36. Available at:http://www.eurojoumals.com/iijfe_19_l l.pdf (Retrieved July 28, 2010). Alao, R. O. (2010). “Mergers and Acquisitions (M&As) in the Nigerian Banking Industry:An Advocate of three Mega Banks”, European Journal of Social Sciences, Volume 15, Number 4, p. 554. Alexandre, A. N., & Fabiano, G. (2004). The End of Monetary Restatement and its Impact on Profitability and in the Capital Adequacy of Banks in Brazil www.institutoassaf.com.br Arogundade, A.O. (1999). Capital Adequacy and Capacity Issues; Focus on Nigeria, July-Dee Athanasoglou, P., Brissimis, S., & Delis, M. (2005). Bank-Specific, Industry-Specific and Macroeconomic Determinants of Bank Profitability, Economic Research Department, Bank of Greece, Working Paper No, 25, June,2005,available at http:// www. bank of greece.gr/publications /pdf/paper 200525.pdf,last accessed on Jan, 20, 2008.https://keffi.nsuk.edu.ng/handle/20.500.14448/639The study examines the impact of capital adequacy on the financial performance in term of profitability and saving mobilization of quoted banks in Nigeria. Data were collected from the Nigerian Deposits Insurance Corporation (NDIC) for the period spanning through 1997- 2011. Ordinary least square method of regression was used on time series data and found insignificant impact of capital adequacy on financial performance. Thus, the study concludes that financial performance is not majorly influenced by capital adequacy. This informs the study to recommend for pragmatic changes in bank regulatory focus, improved corporate governance, personnel training and stable polity for ensuring sound financial health for the Nigerian banking sector.enCapital Adequacy, Profitability, Savings Mobilization, NigeriaArticle