Overview And Impact Of Frauds In The Banking Industry In Nigeria

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PROPOSAL
Frauds in the “banking” industry in Nigeria and in society  in general, this study is going  to highlights the nature and various  types of fraud, causes of bank fraud, extent of fraud in banks, effects of bank fraud, detection, presentation and control measures to be adopt by management to check fraud incidents.
The purpose of this research work is to find out whether there is  significance level  of fraud in Nigerian banks, to know  whether  Nigerians practice aid or abate fraud and  to consider the adequacy of the  internal control system in detecting and preventing fraud in the  bank.
Hypothesis will be formulated and tested with chi-square and inference drawn thereform.  The method to be used in collecting of data will  includes a well-structured  and easy to follow questionnaire.  The collection of primary data will be through the medium of respondents.  The findings will reveal the compensation of banking services and the  maintenance of effective internal  control mechanism and it will help to reduce the incidence of fraudulent activities in the bank.  In the same  vein, the recommendation of adequate internal    control system should be maintained, effective fraud management, strict adherence of administrative management policies should be ensured to check and possibly fraud incidence in the bank.
The detection and prevention of frauds should be elaborative effect between banks, their customers, the public, and the  government.  Frauds in the banking system should as much as possible, be minimized as it kills the bank and destroys the economy of a nation.
 
PREFACE
The primary objective of this research work is to examine the impact of fraud in the bank and adequacy of the measures instituted to ensure its early detection, prevention and total elimination in the bank.
This work is divided  into five chapters, the first focus on the introduction.  It also deals  with the background of the study, statement of research problems, objectives of the study, significance of the study, limitations of the study.
Chapter two reviews related literature. Chapter three emphasizes on research design and methodology.  Textbooks in the library, journals and other materials which are related to the  topic were  extensively used as a method of collecting  data needed for the research.  Chapter four summarizes the findings while in chapter five, necessary recommendation were also given and conclusion were summarized.

ABSTRACT
Fraud is an  awful phenomenon, which like a vein has invaded Nigeria banking industries and the society in general, and puts any organization that it comes into in a distress point or in a state  of liquidation.
This study highlights the nature and various types of fraud in banks, effects of ban fraud and  control measures adopted by management to check fraud incidents.
Frauds in the banking system should as much as possible be minimized as it kills the bank and destroys the economy of a nation.
Finally, the research work adduced that  continuous vigilance should be the watch work if fraudulent practices are to be reduced and possibly eliminated in banking industry.


TABLE OF CONTENT
Title Page ii
Approval Page iii
Dedication iv
Acknowledgement v
Preface vi
Abstract vii
Table of Content viii
Proposal x

CHAPTER ONE
Introduction 1
1.1 Background of the study 1
1.2 Statement of the problem 4
1.3 Purpose/objective of the Study 7
1.4 Significance of the study 8
1.5 Limitations of the study 9
CHAPTER TWO
2.1 Review of related literature 11
2.2 Concept of Fraud 13
2.3 Types of Fraud 15
2.4 Impacts of frauds in the Nigeria banking industry. 23
2.5 Extent of Bank Frauds 28
Reference 30

CHAPTER THREE
Research design and methodology 31
3.1 Sources of data (Secondary Sources Only) 31
3.2 Location of data 31
3.3 Methods of data collection (Literature work only). 32

CHAPTER FOUR
Findings 33

CHAPTER FIVE
Recommendation and Conclusion. 35
5.1 Recommendation 35
5.2 Conclusion 36
Bibliography 38
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(2014, 12). Overview And Impact Of Frauds In The Banking Industry In Nigeria.. ProjectStoc.com. Retrieved 12, 2014, from https://projectstoc.com/read/5313/overview-and-impact-of-frauds-in-the-banking-industry-in-nigeria-9578
"Overview And Impact Of Frauds In The Banking Industry In Nigeria." ProjectStoc.com. 12 2014. 2014. 12 2014 <https://projectstoc.com/read/5313/overview-and-impact-of-frauds-in-the-banking-industry-in-nigeria-9578>.
"Overview And Impact Of Frauds In The Banking Industry In Nigeria.." ProjectStoc.com. ProjectStoc.com, 12 2014. Web. 12 2014. <https://projectstoc.com/read/5313/overview-and-impact-of-frauds-in-the-banking-industry-in-nigeria-9578>.
"Overview And Impact Of Frauds In The Banking Industry In Nigeria.." ProjectStoc.com. 12, 2014. Accessed 12, 2014. https://projectstoc.com/read/5313/overview-and-impact-of-frauds-in-the-banking-industry-in-nigeria-9578.

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