FRAUDS IN THE NIGERIAN BANKING INDUSTRY AND THE SOLUTION

44 PAGES (5426 WORDS) Banking and Finance Project
1.1STATEMENT OF PROBLEM AND PURPOSE OF THE STUDY 
There are problem associated with out banking system. They include:
Fraud in totality /personal intents) 
Poor banking services and banking equipment 
Long queues causing long stay and delays in the bank  industry 
Inefficiency caused by another especially manager and bank staff. 
Preferential treatment to some bank customer. This is called ima – madu
Inability to pay money in time
Issue of mutilated and turn notes to the customers 
These and more are problem and inefficiency associated with our banking habit. There are a lot of time that is being wasted in our commercial bank. Some of these fraudsters take advantage of that to study and explore all revenue that will help them succeed in their act. 
There are debates on the problem state above which give different opinion and such opinion are tenable but have not been directed towards wiping out fraud. 
At times customer are alleged in collaboration with the banking staff, at times it is the staff unaided. Some of the frauds are alleged to have been so sophisticated that they have almost gone undetected for a very long time and some never at all. Banks occupy very important position in the economic realm of the society and this fact reinforced the need for a study like this one.     

Purpose of the study
The intention is of the researcher to evolve method whereby the nature and types of fraud existing in banks are identified and known. More so, the researcher hopes to set out factors that predispose frauds, the fraudsters and their accomplishes. 
With a reasonable identification of these objective such as. 
To point out the dangers of frauds 
To identify the cause of fraud in our banking system 
To suggest solution for combating fraud in our banking system 


TABLE OF CONTENTS 

Title page 
Approval page 
Dedication 
Acknowledgement 
Table of content 

CHAPTER ONE 
1.1Statement of the problem and purpose of the study 
1.2Rationale of the study 
1.3Significant of the study 
1.4Definition of terms 

CHAPTER TWO 
Review of related literature 


CHAPTER THREE
Research design and methodology 
3.1Method of data collection 
3.2Location of data 
3.3Sources of data 
3.4Limitation of the study 

CHAPTER FOUR
Data presentation, analysis and discussion of the result of analysis 
4.1Presentation of data 
4.2Data analysis 
4.3Discussion of the result analysis 

CHAPTER FIVE 
Summary, conclusion and recommendation 
5.1Summary 
5.2Conclusion 
5.3Recommendation        

Bibliography