CHALLENGES OF BANK FRAUD AND COMMERICAL BANK PERFORMANCE IN NIGERIA

ABSTRACT

This study examines the challenges of bank fraud and commercial bank performance in Nigeria 1991-2016. The core macro-economic variables used for the study are Earnings before Tax of commercial banks in Nigeria, Expected Losses from insecurity and Fraud cases, Number of Fraud Cases, Number of staff involved in fraud cases and Volume (amount) involved in fraud cases. OLS multiple regressions is employed to examine the challenges of bank fraud and commercial bank performance in Nigeria. The study reveals that Earning before tax of commercial banks in Nigeria, Expected losses from insecurity and fraud cases, number of fraud cases and number of staff involved in fraud cases and volume (amount) involved in fraud cases are all negatively related to bank fraud and commercial bank. Therefore, it is recommended that members of staff /or their guarantors should be made to deposit a specific substantial amount to serve as a check on the conduct of the staff, so that, in case he/she is involved in fraud the job and the deposited money would be lost by the affected staff and board of directors should be knowledgeable in accounting and banking and must have stakes in the bank.

TABLE OF CONTENTS

Title pagei

Integrity Attestationii

Certificationiii

Dedicationiv

Acknowledgementv

Abstract vi

Table of contentsvii

CHAPTER ONE: INTRODUCTION

Background to the study1

Statement of Problem4

Objectives of the Study5

Research Questions6

Research Hypotheses7

Significance of the Study7

Scope of the Study8

Organization of the Study8

CHAPTER TWO: LITERATURE REVIEW

2.1.Introduction9

2.2.Conceptual Review9

2.3.Theoretical Review25

2.4.Empirical Review30

CHAPTER THREE: RESEARCH METHODOLOGY 

Introduction37

Research Design37

Model Specification37

Data Source and Definition38

Evaluation based on A Priori Expectation39

Techniques of Estimation40

Source of Data44

CHAPTER FOUR: DATA ANALYSIS AND INTERPRETATION OF RESULT

4.1. Introduction45

4.2. Re-Statement of Research Model45

4.3.Preliminary Analysis46

4.4.Discussion of the Findings57

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1.Introduction58

5.2.Summary of Findings 58

5.3.Conclusions62

5.4.Recommendations63

References64

Appendix67