Nigeria has a long and sad history of bank failures. The problem became worse in the 1990s when many banks failed and in 2011 when several hitherto strong banks failed due to largely poor bank liquidity risk management. The Central Bank of Nigeria spent over US$6.8bn in purchasing the...

The definition and explanation of concepts in science are a vital scientific activity because a scientific field can develop only on the base of new comprehensive concepts and categories of concepts and their applications that enlarge the domain of scientific analyses. The conception technology...