Bank Frauds In Nigeria: Underlying Causes, Effects And Possible Remedies

This paper sets out to find the common types of bank fraud that are frequently carried out in the banking system, the underlying causes, level of staff involvement, consequences and possible means of ameliorating the problem. A sample of 100 respondents taken in Benin City, capital of Edo State, Nigeria was studied by means of field survey tool of questionnaire and the response to rating scale questions were tested for significance using the "T-test". The analysis revealed that respondents did not view unofficial borrowing and foreign exchange malpractice as forms of bank fraud since they were common and an industry wide practice.

Provided by: University of Benin Topic: Data Management Date Added: Oct 2010 Format: PDF

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