0704-883-0675     |      dataprojectng@gmail.com

BANKING FRAUD AND ITS EFFECTS ON NIGERIA ECONOMY

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

Abstract

This work analyzes and examines the effects of banking fraud on the Nigerian economy. In recent years, frauds in Nigeria banking sector seemed to have assumed a frightening dimension and to a large extent, the confidence the general public reposes in it, is put in jeopardy. The scope of the study is 1995 to 2014. Secondary data is being used for the study. Regression analysis and SPPS application soft ware is being used for  data analysis. The study reveals that bank fraud have negative and significant effects on the growth of Nigerian economy. The ability of banks to promote growth and development in any economy is a function of the extent to which financial transactions are carried out with trust, confidence and least risk. These no doubt requires a safe and sound banking practice which many of the banks in Nigeria today have despised to their own peril. The study recommends that the regulatory authorities of banks in Nigeria need to improve on their supervision, careful when recruiting employees, wonderful results alone is not enough, but fear of God and integrity of employees should be considered. The research concludes that the battle for the preclusion, uncovering and retribution of fraud offenders must be fought to reduce the temptation to commit fraud and to increase the chances of detection. While  a positive work environment will help to achieve the former, the latter can be achieved by sound internal control system.




FIND OTHER RELATED TOPICS


Related Project Materials

A STUDY ON THE STRATEGIES FOR PROMOTING TEAMWORK AND COLLABORATION SKILLS IN VOCATIONAL SETTINGS

ABSTRACT: Strategies for Promoting Teamwork and Collaboration Skills in Vocational Settings address the importance of teamwork and collaborative ab...

Read more
AVAILABILITY AND USES OF LIBRARY RESOURCES IN TRAINING LIBRARIES BY STUDENT

Abstract

This study carried out on availability and use of library resources in training libraries by students, using d...

Read more
THE INFLUENCE OF TECHNOLOGICAL ADVANCEMENTS ON EMPLOYEE MOTIVATION

Abstract: THE INFLUENCE OF TECHNOLOGICAL ADVANCEMENTS ON EMPLOYEE MOTIVATION

Objective...

Read more
CARGO FREIGHT RATE IN LINER SHIPPING AND IT'S CORRELATION TO HIGH PRICES OF IMPORTED GOODS IN NIGERIA

 

ABSTRACT

The research is organized into five chapters. The objective of research is to assess the impa...

Read more
INFLUENCE OF COVID-19 AND VIRTUAL LEARNING ON PERFORMANCE OF SECONDARY SCHOOL STUDENTS IN JEGA LOCAL GOVERNMENT

ABSTRACT

This study examined the influence of covid-19 and virtual learning on perfor...

Read more
AN APPRAISAL OF OFFENCES AND PENALTIES UNDER THE NIGERIA INCOME TAX LAWS

ABSTRACT

It is a well known historical fact that all over the world people regard tax payment as something detestable and a form of punis...

Read more
THE IMPACT OF GLOBALIZATION ON INDUSTRIAL GROWTH OF NIGERIA (1985-2011)

BACKGROUND OF THE STUDY

Globalization is a system that confers benefits and posses challenges and risks to countries across the globe and...

Read more
THE EFFECT OF COMPANY INCOME TAX ON NIGERIA ECONOMY

ABSTRACT

The contributions of Company Income Tax (CIT) to any economy globally cannot be overemphasized. Apart from...

Read more
THE IMPACT OF STRATEGIC HUMAN RESOURCE MANAGEMENT ON ORGANIZATIONAL PERFORMANCE

ABSTRACT

The subject matter of this study is the impact of strategic Human Resource Management in Organization. The purp...

Read more
AN ANALYSIS OF TRADE UNION AND ITS IMPACT ON WORKERS COMMITMENT AND ORGANIZATIONAL PRODUCTIVITY

BACKGROUND OF THE STUDY

The term "trade union" refers to an organizatio...

Read more
Share this page with your friends




whatsapp