The aim of this research study is to analyze and ascertain the extent to which fraud and poor management contributed to bank failure through a careful analysis of banking industry with a particular reference to the presently embattled Savannah Bank of Nigeria Plc. whose operating license was recently revoked.
Chapter one examined the historical development of banking in Nigeria, recognizing the catalytic roles of the business of banking in the economy, together with other introductory analysis on the extent of bank failure and fraud and their effect on the development of banking business in Nigeria.
In chapter two, an overview of bank failure in Nigeria economy was made. Emphasis were laid on their genesis, caused (fraud and poor management), control issues involved in bank failure management. Particular attention was drawn on the impact of banking business in the overall development of the people, and economy and the implications of its failure. The controversy surrounding the revocation of the operating license of Savannah Bank Plc and the prospects of banking business were also treated.
In chapter three, the research narrated how the various data for this study were collected and which informations were used with a view to realizing the objectives of the study.
In chapter four, tables of percentages were used to present and analyze the data collected and which information were used with a new to realizing the objective of the study.
In chapter four, tables of percentages were used to present in analyze the data collected while chi-square method was used to test the postulated hypothesis.
Finally, in chapter five, a critical analysis of the research study revealed that bank failure in Nigeria are attributable principally to fraud, poor management team and adverse economic conditions among other institutional and non- institutional factors. However, it was recommended among other things that due to the peculiar and strategic position of the banking industries and their synergistic effects of change arising. Therefore government should closely monitor the activities of bands through their agencies/regulatory authorities without necessarily politicizing their mandate Banks should equally strengthen their internal control measure. Moreover, if the regulatory authority saddle with the responsibility of managing industry keep an eagle in the industry’s activities, it will stem the tide to bank meddling with the fortunes of depositors shareholders and other interested parties and forth overall benefit of the economy. This is in view of the catalytic role of banking business in the economic confidence in the banking public. Further research on very relevant linked area of the research topic was also suggested by the research. This is in view of the dynamism, and inexhaustibility of the topic of study.
ii Title page
ii Approval page
iv Dedication
v Acknowledgement
vi Table of contents
ix Abstract
CHAPTER ONE
1.0 Introduction 1
1.1 Background of the Study 1
1.2 Statement of Problem 4
1.3 Objective of the study 7
1.4 Significance of the Study 9
1.5 Research Questions 11
1.6 Formulation of Hypothesis 12
1.7 Scope and Limitations of the Study 12
1.8 Definition of Terms 14
Reference 17
CHAPTER TWO
2.0 Literature Review 18
2.1 Evolution of Banks Failure in Nigeria 25
2.2 Fraud in Banks- An overview 33
2.3 The poor management control system and Bank Failure 37
2.4 Tackling Bank failure in Nigeria 40
2.5 Savannah Bank of Nigeria PLC and the Banking
Regulatory umpire: The seizure of operating license 45
2.6 Future prospects of Banking business in Nigeria 51
2.7 Summary of Literature Review. 55
Reference 56
CHAPTER THREE
3.0 Research Methodology 58
3.1 Research Design 59
3.2 Area of Study 60
3.3 Population of Study 62
3.4 Sample and Sampling procedure 63
3.5 Instruments for Data collection 68
(a) Primary sources 68
(b) Secondary sources 69
3.6 Methods of Administration of Research Instrument 69
3.7 Methods of Data Analysis 70
3.8 Reliability and Validity Tests 72
CHAPTER FOUR
4.0 Data Presentation and Analysis 73
4.1 Data Presentation 73
4.2 Data Analysis and Interpretation 74
4.3 Test of Hypothesis 89
Reference 97
CHAPTER FIVE
5.0 Summary of Findings, Conclusions and Recommendations 99
5.1 Summary of Findings and their Implications 100
5.2 Conclusions 106
5.3 Recommendations 108
Bibliography 113
Impact Of Bank Failure In Economy. (n.d.). UniTopics. https://www.unitopics.com/project/material/impact-of-bank-failure-in-economy/
“Impact Of Bank Failure In Economy.” UniTopics, https://www.unitopics.com/project/material/impact-of-bank-failure-in-economy/. Accessed 22 November 2024.
“Impact Of Bank Failure In Economy.” UniTopics, Accessed November 22, 2024. https://www.unitopics.com/project/material/impact-of-bank-failure-in-economy/
Here’s a typical structure for Impact Of Bank Failure In Economy research projects:
- The title page of Impact Of Bank Failure In Economy should include the project title, your name, institution, and date.
- The abstract of Impact Of Bank Failure In Economy should be a summary of around 150-250 words and should highlight the main objectives, methods, results, and conclusions.
- The introduction of Impact Of Bank Failure In Economy should provide the background information, outline the research problem, and state the objectives and significance of the study.
- Review existing research related to Impact Of Bank Failure In Economy, identifying gaps the study aims to fill.
- The methodology section of Impact Of Bank Failure In Economy should describe the research design, data collection methods, and analytical techniques used.
- Present the findings of the Impact Of Bank Failure In Economy research study using tables, charts, and graphs to illustrate key points.
- Interpret Impact Of Bank Failure In Economy results, discussing their implications, limitations, and potential areas for future research.
- Summarize the main findings of the Impact Of Bank Failure In Economy study and restate its significance.
- List all the sources you cited in Impact Of Bank Failure In Economy project, following a specific citation style (e.g., APA, MLA, Chicago).