INTRODUCTION
1.1 STATEMENT OF THE PROBLEM AND OBJECTIVE OF THE STUDY (PURPOSE OF THE STUDY)
Over the years the federal government was saddled with the problem of the debt owned depositors by failed banks. This the government our this as a big problem because more banks are licensed and this means more liability for the federal government.
The government after looking critically at the problem decided to established an organization called NDIC (Nigeria deposit insurance corporation) to take full charges of depositors funds in collaboration with central bank of Nigeria (CBN) the idea of a NDIC in the country was welcome to deregulate the banking sectors.
The automous condition of banking sector in necessary if developments, international standardization is to be achieved and more so. It economic emancipation is to be a thing of reality.
Government over influence in the running of banks is problem that has prompted the establishment of the corporation. Government can only controlled the activities of banks that are owned by over or been incorporated by law and what I mean by incorporated is by paying recapitalization requirement (#256) which introduced on 2004 by CBN governor.
The purpose of the study are the following:
To evaluate the problems of mismanagement of fund
To x-ray depositor fund insecurity in banks
To investigate the reason for failures of banks
To know CBN / NDIC roles in saving the depositor fund
To find the reason for unit bank abnormal growth in the century
To know whether banks is keeping legal reserved improved by CBN for day to day recording
To eliminate fraud act among banks managers
To wipe out distress among incorporated banks in Nigeria banking sectors.
TABLE OF CONTENT
Title page
Approval page
Acknowledgement
Dedication
Table of content
CHAPTER ONE
Introduction
1.1 Problem and purpose of the study
1.2 Reason for the study
1.3 Significant of the study
1.4 Definition of the study
CHAPTER TWO
Review of related literature
2.1 Definition of NDIC (history)
2.2 The role of CBN in NDIC establishment
2.3 Supervisory activities of the NDIC
2.4 Capital requirement
2.5 Loan concentration
2.6 Liquidity rate
2.7 Provisioning
2.8 Internal control system
2.9 Problem of NDIC in her smooth operation
CHAPTER THREE
Hypothesis, methodology, sources of data and limitation of the study
3.1 Hypothesis
3.2 Methodology
3.3 Source of data
3.4 Limitation of the study
CHAPTER FOUR
The presentation, analysis of data and discussion of result
4.1 Presentation of data
4.2 Analysis of data
4.3 Discussion of result
CHAPTER FIVE
Summary of the work, conclusion and suggestion / recommendation
5.1 Summary of the work
5.2 Conclusion of the work
5.3 Suggestion and recommendation
