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Consolidation reform's effect on banks’ profitability in Nigeria

The study basically evaluates the effect of the consolidation reform on the profitability of banks in Nigeria. An hypothesis was formulated for testing. The hypothesis has to do with determining whether as a result of coming up with the reform significant improvement in the profitability of banks exist or not. The study utilised secondary data, and the technique employed for the purpose of the analyses was T-test. The result provides evidence for the provide evidence for the failure to reject the null hypothesis in the case of all the profitability ratios subjected to test with the exception of ROE. The study therefore concludes that consolidation reform's effect on banks’ profitability is trivial. The study recommends that banks operating in the Nigerian banking sector should not rely only on absolute profit figures as the basis of evaluating their performance. They need to be adopting other measures especially taking into consideration the quantum of their capital sizes before and after the consolidation reform. Finally, future researches in this area should be conducted that will utilise more advanced statistical techniques.