A Comparative Performance Evaluation of the Nigerian Banking Sector in the Post – 2005 Consolidation: Through the Camel Rating System

Banking in Nigeria has undergone remarkable changes since 2005 bank consolidation. The era of arm chair  banking has gone. It has become a different ball game in terms of competition and its inherent strategies. This transition eventually brings the Nigerian banks to be in need of capital, asset creation, earnings, liquidity and the  management to manage the risk exposure of the aforementioned. In this era of banking, customers must know and  understand their banks so that they can differentiate between the degrees of performing and non-performing  banks. In this context, the present study evaluates and compares the performance of the Nigerian banks in the  post – 2005 consolidation: through the CAMEL rating system. Moreover, the Nigerian banks are ranked based on  their performance. The ranking result can be used to analyse the strengths and weaknesses of a bank compared to its competitors.