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 page i

Integrity Attestation ii

Certification iii

Dedication iv

Acknowledgement v

Abstract vi

Table of contents vii

CHAPTER ONE: INTRODUCTION

Background to the study 1

Statement of Problem 4

Objectives of the Study 5

Research Questions 6

Research Hypotheses 7

Significance of the Study 7

Scope of the Study 8

Organization of the Study 8

CHAPTER TWO: LITERATURE REVIEW

2.1. Introduction 9

2.2. Conceptual Review 9

2.3. Theoretical Review 25

2.4. Empirical Review 30

CHAPTER THREE: RESEARCH METHODOLOGY 

Introduction 37

Research Design 37

Model Specification 37

Data Source and Definition 38

Evaluation based on A Priori Expectation 39

Techniques of Estimation 40

Source of Data 44

CHAPTER FOUR: DATA ANALYSIS AND INTERPRETATION OF RESULT

4.1. Introduction 45

4.2. Re-Statement of Research Model 45

4.3. Preliminary Analysis 46

4.4. Discussion of the Findings 57

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1. Introduction 58

5.2. Summary of Findings 58

5.3. Conclusions 62

5.4. Recommendations 63

References 64

Appendix 67