By Onodugo Ebere Jennifer
Research into corporate governance in Nigerian Bank was born out of necessity to investigate the frequent collapse of some banks. Bank failure is so disturbing because it sits at the center of the economy. The first chapter discussed the causes of bank failures, Barriers and faults centralization of management, misreporting, insider abuses and fraud, violation and non-compliance of internal controls put in place, etc. Review of literature historically traced back bank distress in Nigeria from pre-independence to date. Reasons for the recorded failures were also identified. The procedures adopted in data generations, data collection, measurement criteria, analysis and interpretations were highlighted in chapter three. The empirical approach adopted in the research gave the work a scientific outlook. Sufficient data generated were tabulated so as to aid analysis. Pictorial analytic tools graphs were employed in analyzing the data. In data analysis, a comparative study of the values given to various stakeholders of banks, insurance, conglomerates, breweries, food and beverages were done so as to determine their fairness or otherwise. Before arriving at a result data of various companies under review as contained in value added statement in the past six years were carefully analyzed. The analyzed data presented in graphs simplified the analysis. Conclusively, the study criticized the returns given to shareholders of banks and recommended a comparative review.