FACTORS AFFECTING COMPETITION IN THE COMMERCIAL BANKING INDUSTRY IN NIGERIA

FACTORS AFFECTING COMPETITION IN THE COMMERCIAL BANKING INDUSTRY IN NIGERIA

From the objective of the study obtained, the questionnaire calculated and value obtained with comparison made with tabulated values, it was observed that there are factors that affects competition in commercial banks.  That these factors cannot be undermined in the competition of commercial banks in their operation.
            Also, from the calculation made with the rejection of Ho and accepting H1, which showed that more than 90% of the total respondents agreed that environmental factor, financial factor, and customers’ services factor are factors that can affect competition in commercial banks.  This implies that more than 9 of every 10 respondent agreed with the various factors that affect competition in commercial banks.

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