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ABSTRACT The frequent and incessant bank distress in recent time in Nigeria makes it indispensable to understand what is meant by ‘Debt’ generally in the banking sector before analysing the bad aspect of it. Denotatively, debt is a payment which…
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Over the years, irregularities have been the problems of commercial banks. The term irregularities are used to refer to intentional distortion of financial statement and misappropriation of assets for whatever purpose. Fraud…
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Prior to the year 2005 merger exercise, the Nigerian Banking sector was highly oligopolistic with remarkable features or market Concentra and leadership. Under the recapitalization and consolidation exercise in the industry, each…
CHAPTER ONE INTRODUCTION 1.1 Background of the study Forensic accounting provides an accounting analysis that is suitable to the court which will form the basis for discussion, debate and ultimately dispute resolution. It encompasses litigation support, expert witnessing and investigative…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Corporate governance mechanisms is concerned with the intrinsic nature, purpose, integrity, and identity of the institution with a primary focus on the entity’s irrelevance, continuity and judiciary aspects. It means that the…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY A student who sits for examination expects result. A farmer who plants crops expects results. The same is also true of an investor. A result sheet or a report card would usually…
ABSTRACT The main purpose of this study is to examine critically the problems of debt management in Nigerian financial institutions with particular references to First Bank Plc Garden Avenue Enugu. To achieve the objective of this research study, a questionnaire…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Evidence abound that the rate at which corruption especially financial crime like advanced Free Fraud (419), Money Laundering were being committed in Nigeria is alarming. Transparency International (TI) has consistently rated Nigeria…
ABSTRACT This research work emphasized on the issue of An Evaluation of the performances of Economic and Financial Crimes Commission (EFCC) in the Nigerian economy. The unprecedented spate of Economic and Financial Crimes reached to the level when it became…
CHAPTER ONE INTRODUCTION 1.1 BACK GROUND OF STUDY Housing is one of the three basic needs of mankind and it is the most important for the physical survival of man aer the provisions of food. Decent housing is one of…
ROLE OF FINANCIAL STATEMENTS IN INVESTMENT DECISIONS CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Every business prepares profit and loss Account or income statement to ascertain the net result of financial working of the business whether it has earned…
ABSTRACT This research work was on the appraisal of internal control system as a means of preventing fraud in Nigerian Financial Institutions. However for a more detailed study a case study was carried on First Bank Plc Onitsha Head Office. The…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Nigeria local government system is as old as Nigeria creation. Even before the arrivals of the British to Nigeria and introduction of modern system of local government, the traditional system of local…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Agricultural is one of the most important sectors of our country’s economy. Enugu state is no exception. Enugu state, characterized by low farm incomes, primitive farming techniques which lower the level of…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The origin of banking in Nigeria date back to the days of goldsmith in Venice and up till today personal services is still the main of banks output for her customers.Services is…
THE EXTENT OF RELIANCE ON FINANCIAL ACCOUNTING INFORMATION FOR EFFECTIVE BUSINESS AND FINANCIAL DECISION IN CORPORATE ORGANIZATION CHAPTER ONE 1.0 INTRODUCTION Accounting is the recording, classifying and interpreting financial data relating to a particular organization or person. (Aspinall, 1990). Accounting has…
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY A major function of the banking system is the transfer of funds from the surplus units to deficit units of the economy. This is achieved through deposit mobilization and onward lending to…
ANALYSIS AND INTERPRETATION OF FINANCIAL STATEMENT AS A MANAGERIAL TOOL FOR DECISION MAKING (A CASE STUDY OF NWOKEJI URBAN PLANNING AND ARCHITECTURAL STUDIO [NUPAS]) Abstract Financial Statement Analysis and Interpretation is a very vital instrument of good management decision-making in…
THE ROLE OF FINANCIAL STATEMENT IN ASSESSING THE PERFORMANCE OF FINANCIAL INSTITUTIONS IN SOKOTO (A CASE STUDY OF SOME SELECTED BANKS WITHIN SOKOTO METROPOLIS) CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY Banks and non-bank financial institutions, supported by efficient…
EVALUATION OF INTERNAL AUDIT MECHANISM ON FINANCIAL PERFORMANCE OF SELECTED BEVERAGE FIRMS: CASE STUDY OF LAGOS STATE CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY An entity should put in place its own system of controls in order to achieve…