INTRODUCTION Background of Study The statement on study auditing standards defined internal control as being not only internal check and internal audit but the whole system of controls, financial or otherwise, establishment by management in order to secure, as far as possible, the accuracy and reliability of the records run the business in an orderly manner and safeguard the company’s assets its objective being the prevention or early detection of fraud and errors. One of the major factor b...
ABSTRACT The banking industry of the Nigerian economy is today passing through what might seem the roughest phase in its history. The wave of insolvency or distress in the sector is very unprecedented comparable only to what happened during the 1st era of bank failure in Nigeria 91953-1957) and the era of free banking (1892-1952) was such that generated under stand able apprehensive among the banking public. Because of the prominent and sensitive role the banking industry plays in the determi...
ABSTRACT This research work was aimed at determining the extent to which the use of man agreement information system will improve customer services in inter-continental bank with much emphasis on the impact of computerization of its operations. A structured questionnaire made up of a little combination of dictatorship and open ended questions was developed and distributed to a total number of 97 employees comprising of both make and female employees of inter-continental bank 5 Okpara Avenue...
INTRODUCTION The amount of the producer’s wealth is a guess depending on price, method, and level of out put and peace of production. Nigeria is an oil-producing nation, and oil occupies a very important position among the nations revenue sources. Its significance in the nations economy cannot be explained solely in terms of barrels produced and sold. Other important variables such as the dynamics of international energy markets the role of organization of petroleum exporting countries (OPE...
INTRODUCTION 1.1BACKGROUND OF THE STUDY The introduction of tax came into Nigeria in 1904 by Lord Lugard. The government has certain functions to perform for the benefits of those it governs. The scope of this function will depend among other thing on the political and economic orientation of members of a particular society at a given point in time. Thus among the traditional function of the government is the provision of collective or public goods that is goods that cannot be divided s...
INTRODUCTION 1.1BACKGROUND OF INFORMATION Agriculture is still most important sector of the country’s economy. It’s role in economic development can be traced back to, at-least to the mid-eighteenth century, and which was central to the early development of the analytical economics by Adam Smith, David Richardo, and Thomas Malthius, typically some 40 to 60 percent of the national income is produced in agriculture and from 50 to 80 percent of the labour force is engaged in agricultural p...
ABSTRACT The role of commercial bank in financing of Agricultural project in Enugu State, is a topic so crucial that interested parties in the work are many. It is very vital considering the role of commercial bank play in financing of agricultural project in Enugu State in sustaining the economy. This creditable role being played by the above bank economy of Enugu State and the position of agriculture in tdhe building of a virtue and a self reliant nation attracted the attention of the res...
ABSTRACT This project is a case study of inventory management functions as it practiced in seven – up Bottling Company PLC Aba. The research is an in – depth study of the situation at the company, in face of the prevailing conditions of non – availability of raw materials, scarcity of funds and general economic uncertainties in the nation. Chapter one gives the background information and operational definition of terms used in the study. And also, the research hypothesis, which wa...
ABSTRACT This project is poised to x= raying the degree of “the role of financial management in a corporate organization”. The main aim of every business is profit maximization. Care must therefore be taken to ensure that available finance for a business is well managed. This role is left in the hands of financial manager. In conducting the research on this topic, the researcher wishes to visit the Enugu office of the NICON insurance corporation NICON PLC and administer questionnaire ...
INTRODUCTION The central bank of Nigeria announced a new capital requirement for Nigeria banks of 25 billion Naira (about US & 181milion) this reflects an increase of from its previous 2billion Naira (Us & 14.5 million) The banks governor has explained that by this he plans to encourage merger and acquisition among the 89 banks currently operating in the country to consolidate and strengthen the nations banking industry. He also hoped that this development would ignite investors confidenc...
ABSTRACT Fraud is an awful phenomenon, which like a view has invaded Nigeria banking industries and the society in general, and puts any organisation that is comes into in a distress point of in a state of liquidation. This study highlights the nature and various types of fraud, causes of bank fraud extent of fraud in banks, effect of bank fraud, detection and control measure adopted by management to check fraud incidents. The purpose of this research work is to find out whether there is sign...
ABSTRACT This project is aimed at identifying the problem of partnership business in Nigerian and how to solve some of the problem. This is an attempt to present the frame work which will help various group of persons in partnership business and others desiring to have clear understanding of some of the problem they will face in the business especially those that want to jump into it without understanding the terms of the business neither having any from of agreement. Worthy to mention is t...
ABSTRACT The study of liquidity management in banks with particular reference on Union Bank Plc. Okpara Avenue Branch and Nice Community Bank Amawbia Awka. Chapter one looked into the liquidity and profitability position in order to find out why banks needs to be move liquid than any other financial institutions as well as business Organization. The aim is to final a lasting solution to in eliminate fund shortages and inability of some banks to provide a required liquid when called u...
ABSTRACT Stock Market facilitates the buying and selling of securities, such as shares and bonds. They also perform two valuable functions, which is liquidity and pricing securities. A stockbroker is one whose job is to buy and sell stocks and shares. This project will probe into the objective and importance of stock market and the role of stockbrokers in terms of stock pricing. Questionnaires were used in collecting data for this research. The following findings were made: (1)Stockbr...
ABSTRACT The subject of this research works is bank loan and credit collection in Nigeria. Their bank loan develop as an attempt to financials and agricultural sector in the country. And credit collection seems very important because the non repayment of lean or credit has led to so many distressed banks in view of the important roles banks play in economic development of a country it has become a matter of necessity for an in-depth research and the analysis of its help as well as its pro...