2025-03-27https://repository.covenantuniversity.edu.ng/handle/123456789/32115This paper examines economics of business consolidation in Nigerian financial services industry. Historical evidence _ of the trends and effe~ts of business_consolidation through mergers, acquisitions and takeovers are provided. The paper discussed prospects and challenges of consolidation and highlights dangers -of demergerslbusiness f ailure among consolidated firms. The paper recommends employment of high level manpo}ver in research and risk management to thoroughly appraise investors projectapplication/pdfHG FinanceArticle