The study was designed to examine mergers and acquisitions in Nigrerian banking industry. The need to carry out this study rose from the challenges faced by Nigerian banks despite the reduction of banks from the end of 31st December 25. These changes faced by banks in the country have made researchers to questioin the effeiciency of the consolidation of banks in Nigeria.

The explorative research method was used for this study. Data was collected from jornals, textbooks, conference papers and the internet. The frindings reveals that the consolidation (mergers and acquisitions) activities in Nigerian did nto meet the desired objective of liquidity, capital adequate and corperate government, which resulted tomore troubled after the consolidation. On the basic of this, the study recommendation among other that corruption insiders abuses must be minimized in the banking scetor for the country to deriver thre benefits of mergers and acquisition