THE EFFECTS OF FRAUDS AND FORGERIES ON BANKING OPERATIONS IN NIGERIA

TABLE OF CONTENT

Title

Declaration

Certification

Dedication

Acknowledgement

Abstract

Table of Contents viii

CHAPTER ONE

1.0 Introduction

1.1 Background of the study

1.2 Research problem

1.3 Objectives of the study

1.4 Significance of the study

1.5 Justification of the study

1.6 Scope and delimitation of the study

1.7 Research hypothesis

1.8 Definition of operational terms

CHAPTER TWO

2.0 Literature review

2.1 Review of literature and theoretical background

2.2 Causes of bank fraud

2.3 Types of fraud and fraudulent practices in bank

2.4 Effects of fraud and fraudulent practices on Nigeria banking system

2.5 Statutory laws relating to fraud and financial crimes

2.6 Preventive/control measures against fraud and fraudulent practices

CHAPTER THREE

3.0 Research methodology

3.1 Introduction

3.2 Research design

3.3 Sources and method of data collection

3.4 Population and sample size

3.5 Statistical tools used

CHAPTER FOUR

4.0 Data presentation, analysis and interpretation

4.1 Introduction

4.2 Data presentation

4.3 Data interpretation

4.4 Data analysis

4.5 Test of hypothesis one

4.6 Test hypothesis two

4.7 Summary of findings

CHAPTER FIVE

5.0 Summary, conclusion and recommendation

5.1 Summary

5.2 Conclusion

5.3 Recommendation

References

ABSTRACT

Much thought and research are increasingly being directed at the study of causes of fraud in Banks, because of its effects on banks and the finance industry generally. This study also delved into salient issues on the types of fraud and ways of defrauding banks, causes of bank fraud, the effect of fraud on the business of banking and the effectiveness of fraud preventive measured, data were collected from secondary sources which include Annual Reports, Text Books and Journals. The data are analysed with the use of simple percentages and correlation analysis. An examination of the effect of fraud on banks deposit liabilities from customers and banks profitability shows positive but low relationship. The persistent increment in both the banks profitability and deposit liabilities might be due to other factors like increase in banking habit and increase in the demand for loan and advances as necessitated by the economy. Also it is recommended that banks operate dual control for sensitive position such as establishing two signatories and approving authorities. If this and other control measures as suggested in this study are put in place, the incidence of fraud will be greatly reduced if not completely eradicated.