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Abstract This study was on Fraud prevention and control in commercial Bank. Three objectives were raised which included:   To examine if management control has contributed to the breakdown in the internal audit systems of the selected commercial banks, to determine if Management control have effect on Whistle blowing in the selected commercial banks and to ascertain the way of preventing fraud in commercial bank. A total of 77 responses were ...

CHAPTER ONE 1.1   BACKGROUND OF THE STUDY         In a developing economy like our’s it is believed that the provision of adequate financial resources is a pre-requisite for economic transformation. The pace of this transformation will be affected by the degree of financial intermediation that is prevalent in the economy. His role is performed by the commercial banks.         Based on this, commercial banks have always been perceived as an ...

CHAPTER ONE INTRODUTION BACK GROUND OF THE STUDY A commercial bank is an economic unit which main goal is to maximize profit. Every bank attempts to structure its asset and liabities in such a manner as to field the lightest returns subject to some constrain. When customer deposit money with a bank they are lending the funds to the banks for a specific or indefinite period of time pending on ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The concept of dependent has occupied a central place in the economic development over the year, basically as a manifestation of the various attempts by the developing world to chart new economic strategies which would reliever them of economic  dependence on their former colonial master in Europe.  Today the concept of dependent continues to be misunderstood in  its fundamental ramifications and has  remained difficult in large ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY The concept of dependent has occupied a central place in the economic development over the year, basically as a manifestation of the various attempts by the developing world to chart new economic strategies which would reliever them of economic  dependence on their former colonial master in Europe.  Today the concept of dependent continues to be misunderstood in  its fundamental ramifications and has  remained difficult in large ...

CHAPTER ONE INTRODUCTION 1.1   STATEMENT OF PROBLEM / OBJECTIVE OF STUDY The commercial banks provides their numerous customer across the county with the full range of commercial money market banking products (service) but not related to currents savings and deposit accounts. Loans and overdrafts provision of international money market banking services, export credits and financial  advisory services, farmer loan scheme, time deposit current account, statement savings scheme, house saving an loan ...

CHAPTER ONE 1.0   INTRODUCTION Credit generally denotes loans and advances made either directly or indirectly by a creditor (lender) to a debtor (borrower) on the principles of different payment. The banks as a lender, provides credit facilities by making funds available to customers in agreed terms and condition of payment. The gain of this credit to the bank is supposed to be huge profit instead of this over the year, ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE  STUDY Fraud have been or become a common feature in all aspects of business life in Nigeria. It has assumed a predominant dimension in the banking industry such that it now constitutes serious threat to the proper practice and spread of the Nigeria. Millions of naira are lost through the machine of either to account holders or bank officials or account holders in collaboration ...

CHAPTER ONE INTRODUCTION 1.2.BACKGROUND OF STUDY Commercial banks play an important role in economic development of developing countries. Economic development involves investment in various sectors of the economy. The banks collect savings from the people and mobilize savings for investment in industrial project. The investors borrow from banks to finance the projects. Special funds are provided to the investors for the  completion of projects. The bank provide a gurantee for industrial ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY First bank of Nigeria plc commenced banking in Nigeria 1894, after its corporation as a limited liability company in London 31st March of the same year. The bank name was change to First bank of Nigeria plc as a result of significant event for over  100 yrs following the companies and allied matter act cp 54, in 1990 and incompliance with the requirements ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY Liquidity is the word that the banks use to descried their ability to satisfy demand for cash in each rang for deposit it can also be deficit as the capacity of the bank to meet promptly demand that it pays its obligation A bank is considered to be liquid when it has sufficient cash and other liquid assets to gather with then ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY This chapter deals with the back ground of the study, statement of problems, objectives of the study, research question, significance of the study, hypothesis, scope limitation of the study and definition of items. The banking system in Nigeria has undergone radical changes during the  35 years since independence . Banking developed from an industry which in 1960. was dominated by a small number ...

ABSTRACT This study examined the impact of liquidity performance in commercial using First Bank of Nigeria Plc as case study. Secondary data used in this study were carried from text books, journals, magazines and newspaper. Our findings indicate that there was a positive relationship between liquidity management and the existence of any banks. Based on this findings we recommend that should be prudent in extending credit facilities to their client/customers ...

ABSTRACT The project set out to examine the role of commercial banks to economic development of Nigeria from 1980 – 2008. The variables used for this study are commercial bank loans and advances, interest rate on the loans, gross fixed capital formation. The main objective of the study is to examine the role of commercial bank to economic development in Nigeria. The methodology involves the use of ordinary least squares (OLS) using E-VIEWS econometric ...

CHAPTER ONE   1.1     INTRODUCTION   BACKGROUND OF THE STUDY   The economy of any country consist of sectors these sectors include industrial transport, agricultural, mineral production, manufacturing sector etc. All sectors of the economy work in an inter-related and inter-dependent whole, therefore any malfunction of one or more sectors of the economy automatically affect the economy as a whole.   However, different sectors have different roles in the same economy. ...

ABSTRACT This study is conducted on an Assessment of Contribution of Commercial Banks in the Economic Development of Nigeria. The concept is also on eye opener to the society and business as well. The research was carried out by means of questionnaires and oral interview with the official/staff of the bank selected on which the following questions that need to be tested are based on the contribution of commercial bank ...

PREFACE  This study was done to determine the roles of commercial banks in financing the agricultural sector in Enugu State. The objectives were specifically to determine the volume of loan advances on agricultural development vis-Ã -vis the contributions to agricultural productions in the state. Also considered in this study were the problems faced by the scheme in the delivery of credit to the farmers. The required information for the realization ...

ABSTRACT With the unprecedented display of interest in the banking business in the wake of structural adjustment programme, the fear of imminent bank failures as a result of anticipated down turn in the fortunes of banks has remained lightened. This down turn in fortunes of mainly attribute able to one factor that has always assured greatest currency in discussions of problems  of banking in Nigeria, that is loan losses. While the ...

ABSTRACT This project work is on the impact of information technology in the banking industry. And Eco Bank is chosen as a case study. In carrying out this research project, both primary and secondary data were collected to solve the research problem. The population of the study comprises of the personals of Enterprise bank and the customers that patronize them. The research instruments used for data collection were questionnaire and ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY Banking originate in ancient Mesopotamia where the royal palace and temple provided secure place the state keeping of grains and other commodities. Eventually, Private house in Mesopotamia also got involved in these banking law regulations. In Egypt to the contralization of harvest are states where house also leaded to the development of a system of banking. The strong of bank start with ...