Evaluation Of Organic Growth, Mergers And Acquisitions As Strategic Growth Options In The Nigerian Banking Sector (Study Of Access Bank Nig Plc And Zenith Bank Plc):- Odum Ifeanyichukwu S
ABSTRACT
In response to a Central Bank of Nigeria's policy
to increase the minimum paid-up share capital requirement of Nigerian banks
from N2 billion to N25 billion in July 2004, with December 31, 2005 as
deadline, more than half of the 89 banks in Nigeria as at July 2004 were
engaged in one form of merger and acquisition, some sourced for additional
capital through public offering of their share, and others a combination of
merger and acquisition and public offering. The Central Bank of Nigeria's policy
to increase the paid-up share capital was to amongst other things to strengthen
the financial capacity and effectiveness of the Nigerian banking sector. This
dissertation evaluated organic growth, and mergers and acquisitions as
strategic growth options in the Nigerian banking sector, with a view to
ascertaining which of the growth strategies result in superior financial
performance. Access Bank and Zenith Bank were used as case studies. Through the
use of various financial ratios in analysing five years financial statements
and other relevant information on both banks within their pre &post
consolidation era the analysis suggests a mixed result: Access Bank that
pursued M&A witnessed a faster growth rate, whereas Zenith Bank that
pursued organic growth was able to sustain its quality performance trends and
achieved a slower growth rate during the period under review, in line with past
literatures on mergers and acquisitions, and organic growth respectively.
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MICHAEL, U (2026). Evaluation Of Organic Growth, Mergers And Acquisitions As Strategic Growth Options In The Nigerian Banking Sector (Study Of Access Bank Nig Plc And Zenith Bank Plc):- Odum Ifeanyichukwu S. Repository.mouau.edu.ng: Retrieved May 12, 2026, from https://repository.mouau.edu.ng/work/view/evaluation-of-organic-growth-mergers-and-acquisitions-as-strategic-growth-options-in-the-nigerian-banking-sector-study-of-access-bank-nig-plc-and-zenith-bank-plc-odum-ifeanyichukwu-s-7-2
UNIVERSITY, MICHAEL. "Evaluation Of Organic Growth, Mergers And Acquisitions As Strategic Growth Options In The Nigerian Banking Sector (Study Of Access Bank Nig Plc And Zenith Bank Plc):- Odum Ifeanyichukwu S" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 12 May. 2026, https://repository.mouau.edu.ng/work/view/evaluation-of-organic-growth-mergers-and-acquisitions-as-strategic-growth-options-in-the-nigerian-banking-sector-study-of-access-bank-nig-plc-and-zenith-bank-plc-odum-ifeanyichukwu-s-7-2. Accessed 12 May. 2026.
UNIVERSITY, MICHAEL. "Evaluation Of Organic Growth, Mergers And Acquisitions As Strategic Growth Options In The Nigerian Banking Sector (Study Of Access Bank Nig Plc And Zenith Bank Plc):- Odum Ifeanyichukwu S". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 12 May. 2026. Web. 12 May. 2026. < https://repository.mouau.edu.ng/work/view/evaluation-of-organic-growth-mergers-and-acquisitions-as-strategic-growth-options-in-the-nigerian-banking-sector-study-of-access-bank-nig-plc-and-zenith-bank-plc-odum-ifeanyichukwu-s-7-2 >.
UNIVERSITY, MICHAEL. "Evaluation Of Organic Growth, Mergers And Acquisitions As Strategic Growth Options In The Nigerian Banking Sector (Study Of Access Bank Nig Plc And Zenith Bank Plc):- Odum Ifeanyichukwu S" Repository.mouau.edu.ng (2026). Accessed 12 May. 2026. https://repository.mouau.edu.ng/work/view/evaluation-of-organic-growth-mergers-and-acquisitions-as-strategic-growth-options-in-the-nigerian-banking-sector-study-of-access-bank-nig-plc-and-zenith-bank-plc-odum-ifeanyichukwu-s-7-2