This chapter provides the background to the Nigerian banking industry in the year 2001 with the Nigerian banks in focus.
It is indisputable that inspite of the competition going on in the already existing banks within the industry. Many new generation banks still spring up. These are as a result of several factors like nature of services rendered by the banks their expansion plans, the quest to meet up with profit margins acceptable by the body of stake holders, seeking markets for their services etc.
During this period the banking industry was misrepresented the banks who on longer consider the satisfaction needed by their consumer, but are constantly reminded of the measures of expansion and growth in line with their competitors.
The quest for opulence has crept not only into the bank, but in all the members of staff themselves and now manifesting into high rate of malpractices in the banking sector.
One important variable of the desired expansion in the banking industry is the cost of staffing, studies have shown that bankers are well paid to encourage and motivate them to their respective duties.
In order to meet up with these costs. Maximum efficiency needs to be put into avoid deficit.
As revealed by Nik Ogbulie viewing it from all indications available, the banking industry is growing in leaps and bounds. But what is yet to be fully determined is whether this growth is informed by increasing rate of efficiency in banking management or increasing demand of banking services by users of the industry. This becomes important because the perceive rate of growth is not industry-wide.
TABLE OF CONTENTS
Title pageii
Approval pageiii
Dedicationiv
Acknowledgementv
Table of contentvii
CHAPTER ONE
Introduction1
1.1Background of the study1
1.2Statement of the problem 3
1.3Objective of study4
1.4Research question5
1.5Purpose of the study5
1.6Scope of the study6
1.7Limitation of the study7
1.8Delimitation of the study8
1.9Significance of the study9
1.10Importance of benefit of study10
1.11Ration/justification of the study11
1.12Assumption of the study11
1.13Definition of the terms involved 12
1.14Plan for development of the topic13
Reference15
CHAPTER TWO
Literature review16
2.0An overview of the Nigerian banking system16
2.1Banking general environment17
2.2Structure of banking system in nigeria19
2.3A survey of the banking system in nigeria 20
2.4Banks struggle in recent times 22
2.5The market movers24
2.6The nature and forms of professional
misconduct in recent years in Nigerian bank25
2.7Banks threat and effect.27
2.8Measures for the improvement
of banking operation28
2.9Marketing strategy in the banking sector 29
Reference31
CHAPTER THREE
3.1Sources of data32
3.2Location of data used33
3.3Method of research investigation33
Reference34
CHAPTER FOUR
4.0Findings35
4.1Characteristic of banking system37
4.2Features of banking business37
Reference42
CHAPTER FIVE
Recommendations and conclusion43
5.0Summary of findings 43
5.1Recommendation45
Bibliography48
REVIEW OF THE NIGERIAN BANKING INDUSTRY IN THE YEAR 2001
(A CASE STUDY OF N.D.I.C ENUGU) ABSTRACT Bank distress in Nigeria has reached a crisis point that it has become a key issue for discussion of all within and outside the banking industry. It is undoubtedly one of the biggest and most serious issues... Continue Reading
ABSTRACT Bank distress in Nigeria has reached a crisis point that it has become a key issue for discussion of all within and outside the banking industry. It is undoubtedly one of the biggest and most serious issues facing our society today. In 1993, it was discovered and reported that out of 116 (one hundred and sixteen) banks in Nigeria 57... Continue Reading
BANK DISTRESS: A CRITICAL REVIEW OF THE COURSES AND POSSIBLE CONTROL IN THE NIGERIAN BANKING INDUSTRY (A CASE STUDY OF N.D.I.C ENUGU) ABSTRACT Bank distress in Nigeria has reached a crisis point that it has become a key issue for discussion of all within and outside the banking industry. It is undoubtedly one of the biggest and most serious issues... Continue Reading
TABLE OF CONTENTS TITLE PAGE i CERTIFICATION PAGE ii DEDICATION iii ACKNOWLEDGEMENT iv TABLE OF CONTENTS vi LIST OF TABLES CHAPTER ONE: GENERAL INTRODUCTION 1.1 BACKGROUND OF THE STUDY 1 1.2 STATEMENT OF PROBLEM 3 1.3 RESEARCH QUESTIONS 3 1.4 RESEARCH OBJECTIVES 4 1.5 RESEARCH HYPOTHESES 5 1.6 SIGNIFICANCE OF THE STUDY 5 1.7 SCOPE OF THE... Continue Reading
THE ANALYSIS OF THE RELATIONSHIP BETWEEN PREMIUM AND CLAIM SETTLEMENT IN NIGERIA INSURANCE INDUSTRY (BETWEEN THE YEAR 2002-2012) ABSTRACT Insurance industry plays active in economic development of any nation. No developed or developing nation can do without insurance. For the proposed insured to be covered there must be a... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Reforms have been a regular feature in the Nigeria banking sector. Reforms can be defined as innovation or strategies put in place in order to replace the old ways of doing things. Reforms are usually introduced either in... Continue Reading
ABSTRACT Following the high spate of corporate failures and collapses, the issue of corporate g o vernance practice has generated a lot of concern to governance. This research work was undertaken to examine critically the practice of corporate governance in the banking industry. In chapter one,... Continue Reading
TABLE OF CONTENTS Title page Approval page Dedication Acknowledgement Table of content CHAPTER ONE 1.0 Introduction 1.1 statement of problem 1.2 Rationale of the study 1.3 Significance of study 1.4 Definition of terms CHAPTER TWO 2.0 Literature review 2.1 What bank fraud 2.2 Types of fraud 2.3 Effect of fraud 2.4 Causes of bank fraud 2.5 Measures... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The level of fraud in the present day Nigeria has assumed an epidemic dimension. It has eaten deep into every aspect of our life to the extent that a three old child talks about yahoo mail or 419, newly discovered sobriquet for advanced free... Continue Reading
ABSTRACT Bank deals mostly in cash, financial instrument which are generally of a negotiable and easily transferable nature. Hence, it is very imperative to say that the exposure of Banks to both internal and external fraud is very great. This pradice always common to areas involving cash, cheques,... Continue Reading