INTRODUCTION In any field of human endeavour, the place of supervision tends to assume an all important position, the place of supervision in the banking industry most especially the commercial bank cannot be down played. Orjih (2011:25) often, insider misconducts are discovered during examination of the accounting records of those commercial banks by the CBN, being one of the key supervisory institution in Nigeria. Adelusi (1994) opined that misconduct might equally be brought to the attenti...
ABSTRACT This project work is aimed to reveal the usefulness of computer usage is Banking Industry. The Bank which it’s function is to receive money, collect drafts, and cheque need more attention than it has been given, to do this, thus it is important for an organisation to have a strong control of its banking operations and employ the most effective and accurate method of controlling it. Besides, in Nigerian banking, the operation has been manually operated which brings a set back s...
INTRODUCTION BACKGROUND OF THE STUDYThe first batch of treasury bills issued by the central bank of Nigeria (CBN) in April 1960. Saw the birth of money market in Nigeria.The market has experienced a remarkable increase in size. Since that date with the addition of a number of traditional short term money market entrustments. In circulation today are eight of such instrument as contained in the subsequent chapter. Money market can be defined as the place of mechanism whereby funds are obtain...
ABSTRACT This seminar work revealed the impact of effective service delivery on customers’ patronage in the Nigerian money deposit banks. Banks has failed to take note of the importance of customers satisfaction and cost of banking service is high in the sense that there is high interest rate on loan and time spend in transacting business in the bank is longed. The main objective of the study is to find out the types of service offered by banks to their customer and evaluating if the servic...
ABSTRACT The problems of housing and accommodations in Nigeria have become a very big task for the day to achieve. With the setting up of National Housing Fund Scheme by the Federal Military Government of Nigeria in 1992 under decree 5 of 1992 to collect a specified amount of contribution from each individual worker by the Federal Mortgage Bank of Nigeria. The said amount was to be used in the construction of housing musts for distribution to each individual contributor according to the stren...
ABSTRACT This project/term paper is designed to critically analyse the fraud on bank failure and its role in Nigeria financial Institutions with reference to the banking system. Fraud in both private and public sector of Nigeria economy is an age long phenomenon that has for a long time being threatening the growth and development of the Nigeria Nation State. It has defiled the very professional expertise know-how due to its continuous increase. The effect of fraud on the Nigeria financia...
ABSTRACT An important feature of the Nigerian economy is imbalance in the spatial distribution of natural resources, basic infrastructure and economic institution. In order to foster development, some less development attempts to have started making conscious attempts to encourage deferent part of their territories to tap adequate resources which nature provide. Throughout it history, shall scale enterprise has been one of the major wheels of economic development in almost all economic of t...
ABSTRACT This extended essay examine the Impact of monetary policy in controlling inflation. The ways of combating inflation identified were through monetary policy open market operation (OMO), moral suation, minimum requirement, interest rate cash reserve requirement (CRR) liquidity ratio etc and fiscal policy approach-taxes, government expenditure and borrowing. The essay however discovers that combating inflation using either the monetary or fiscal policy approach is highly uncertain. ...
INTRODUCTION Credit generally denotes loans and advance made either directly by a credit (lender) or 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 credit to the bank is purposed to be huge profit instead of this over year, modern banks (particularly First Banks) have been recording huge amount of bad debt provision which increase with eac...
ABSTRACT This extended Essay provide an assessment of the effect of motivation incentive on bank employee, banking industry with united banks for African(UBA) Kaduna Branch along Yakubu Gowon way Kaduna in focus. An in-depth and critical review of literature that have significant relationship and relevance to the subject matter that are examined. The statistical methods employed in the test of hypothesis were chi-square test and analysis of variance (ANOVA). It was discovered that motivat...
ABSTRACTIn this abstract the effect of loan recovery on the performance of Nigeria agricultural cooperative and rural development bank (NARCRDB) is the topic and also the objective of the study includes how the scale farmers dwelled with Nigerian agricultural and rural development bank and also to know how the farmers finance their farming. More also, the objective of the study touches the loan given to the farmers is adequate or not. In conclusion, non recovery of agriculture loan are caused...
1.0INTRODUCTION: Nigerian financial institution are regarded as the part of financial industries that deals with exploitation, exploration and sourcing funds, investment and sharing of funds to individuals. However, the Nigerian financial system can be said to consist of the following subsystems: 1.The banking system 2.The non-banking financial institution 3.The regulatory financial institution 4.The traditional financial institution. In practice, the growth of most of these financial insti...
1.0INTRODUCTION In Nigeria since the oil boom in the early 70’s has been a victim if monopolistic economy and since then we had been enjoy the so called “PETRO NAIRA” without adequate involving in a sound policy that will keep the nation economy in a firm foundation for study growth. Though, the country importance of industrialization as for back as 1964, yet without “PETRO NAIRA” started flowing in they have blind fold as to ignore the important of establishing industries to en...
ABSTRACT This research work was the infernal control system as a means of preventing fraud in Nigeria financial institution. However for a more defiled study was carried on First Bank Nigeria Plc Onitsha Head Office. This study was necessary because of the increasing wave of Bank fraud in Nigeria in resent times as reported by the Niger dailies. Therefore the need to investigate these reports and if confirmed, a financial institution and to what extend the application of an effective intern...
1.0INTRODUCTION The question of money is a very important question today. This is because of the role of money in social and economics development. Money plays a key role in this sectors and requires that its position is always under focus. The government of any country keeps it’s eye on this sectors by using monetary policies are a weapon of control. Monetary policies are directives, guidelines, or order issued to the player in the money markets by the government. In Nigeria, the Centr...