Abstract
The main purpose of this study was to investigate the internal control system as a factor of fraud prevention in Nigeria financial institution. Two research Hypothesis were formed to guide the study. Review of literature was gathered to expose the researcher to what has been done in this area and to provide a good theoretical frame work for the study. Descriptive survey research design used was used to gain insights. The result of the findings revealed that the present internal control system in first bank of Nigeria PLC is effective and that fraud control and fraud prevention affects the performance of commercial banks in Nigeria.
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