Full Description
This book critically reviews transnational banking regulations that specifically impact consumer lending in Africa's largest economy. It provides a comprehensive analysis on the politics and economics of financial sector consolidation in an emerging market in West Africa, also covering law, consumer credit, and consumer policy along with a discussion of banking sector reforms heavily influenced by the neoliberal economics paradigm. There have been several developments since the publication of the existing books especially in the area of regulatory theory and social protection that are captured in this book, which will be of interest to researchers, students, and scholars of banking regulation, development economics, and international finance.
Contents
1. Introduction.- 2. Theories of consumer credit regulation.- 3. An Overview of the Nigerian system and the structure of lending in Nigeria.- 4. Consumer credit and case law in Nigeria.- 5. Consumer credit and Customary law in Nigeria.- 6. Transnational influences on Consumer credit regulation in Nigeria.- 7. A synopsis of consumer lending patterns in formal financial institutions and lenders responses to regulatory reforms in Nigeria.- 8. Theoretical and policy insights post COVID-19 pandemic.
