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Fraud and Performance of the Nigerian Banking Industry (2005-2016)

Authors: OLUWALAIYE Olusola , & AKINTOLA Abolade

Publication Type: Journal article

Journal: International Journal Of Economics, Commerce And Management Uk

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International Journal of Economics, Commerce and ManagementUnited KingdomISSN 2348 0386Vol. VIII, Issue 6, June 2020Licensed under Creative CommonPage 244http://ijecm.co.uk/FRAUD AND PERFORMANCE OF THE NIGERIAN BANKING INDUSTRY (2005 -2016)Abolade Francis AKINTOLA Department of FinanceBabcock University, Ilishan-RemoOgun State, Nigeriaakintolaa@babcock.edu.ngOlusola Babatunde OLUWALAIYEDepartment Of EconomicsBabcock University, Ilishan-Remo,Ogun State, Nigeriaoluwalaiyeo@babcock.edu.ngAbstractThe study examined fraud and performance of the Nigeria banking industry from 2005 to 2016. Secondary data obtained from the Nigeria deposit insurance corporation annual report of various year were used for the study. Ex –post facto research designed was adopted for this study and the data were analysed using ordinary least square (OLS) method with the aid of E-views. Findings from this study showed that there is a direct relationship between fraudulent activities in the Nigeria banking industry and the expected loss of the banking industry. The study therefore recommends appointment of trusted and honest officials to represent banks in the clearing house. Bank official should be well trained and severe punishment should be arranged for fraudulent personnel.Lastly, effective internal control should be put in place by every bank to reduce incidence of fraud in banks.

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OLUWALAIYE,O. AKINTOLA,A. . (2020). Fraud and Performance of the Nigerian Banking Industry (2005-2016), 6 (), 244-244.

OLUWALAIYE,O. AKINTOLA,A. . "Fraud and Performance of the Nigerian Banking Industry (2005-2016)" 6, no (), (2020): 244-244.

OLUWALAIYE,O. and AKINTOLA,A. and . (2020). Fraud and Performance of the Nigerian Banking Industry (2005-2016), 6 (), pp244-244.

OLUWALAIYEO, AKINTOLAA, . Fraud and Performance of the Nigerian Banking Industry (2005-2016). 2020, 6 ():244-244.

OLUWALAIYE,Olusola , and AKINTOLA,Abolade . "Fraud and Performance of the Nigerian Banking Industry (2005-2016)", 6 . (2020) : 244-244.

O.Olusola & A.Abolade , "Fraud and Performance of the Nigerian Banking Industry (2005-2016)" vol.6, no., pp. 244-244, 2020.

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