Download Tag: NIGERIAN BANKING SYSTEM

ABSTRACT Commercial Banks occupy an indispensable position in the Nigeria economy.  They are the picot upon which other business firms and other activities revolve and “a conduit pipe through which all financial transactions pass”.  However, literature in the field shows  that fraud and  other financial  malpractice in  the Nigeria Banking system nearly always lead to loss of monies that ordinarily belong to someone other than banks.   In every bank cases ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO STUDY The banking system in Nigeria from 1993 till data has been characterized by diverse mismanagement resorting from so many factors ranging from volume of capital to bank reserve in made of transaction, bankers/customer relationship and on the human factor frauds which have till date been threatening the corporate existence of the banking system in Nigeria (AKIN TNDE: 2012). ‘Fraud as the subject matter of ...

CHAPTER ONE                                  INTRODUCTION 1.1     BACKGROUND OF THE STUDY There has been no single accepted definition of the term “fraud”.  Fraud in whatever form is limitless on classification, this is why courts and writers on fraud try to escape away from giving a decision definition, notwithstanding the varied meaning, attached to the concept of financial fraud the author addressed the subject with the following working definitions Oxford and chambers dictionaries define fraud ...

  ABSTRACT Fraud is an inherent vice. It has been on from time immemorial even before the invention of money. However, in our yet developing world with the quest to become rich quick on the increase, fraud is becoming rather rampant. Banks deal essentially in cash and other financial instruments and because of that it has been exposed to greater risk of fraud. The attention of many have been drawn ...