Popis: |
This paper examined loan syndication in Nigeria, focusing on challenges and prospects. The paper highlights parties to loan syndication and the contribution of a syndicated loan to the economic growth of Nigeria as well as the problems and challenges of a syndicated loan. The paper recommends setting up a loan syndication unit in the corporate finance department of banks with well-trained staff in Accounting and Marketing to strengthen the unit for efficient service to the borrowing public.   |