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A SURVEY OF FRAUD IN NIGERIA BANKING INDUSTRY

A SURVEY OF FRAUD IN NIGERIA BANKING INDUSTRY

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THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Host Link Global Services Ltd
ACCOUNT NUMBER: 0138924237
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANK SECURITY FOR GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

Enter Amount

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 24 HOURS

CALL OUR  CUSTOMERS CARE  OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

WE HAVE SECURITY IN OUR BUSINESS.   

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CHAPTER ONE

 

1.0     INTRODUCTION

1.1     BACKGROUND OF THE STUDY

It will not be easy to say the exact date fraud began in the Nigerian Banking Industry.

However, we are going to have a look at dates of the establishment of the first two indigenous banks in Nigeria as this will help us to trace the origin of some loopholes which bring about fraudulent practices in Nigerian banking system.  The National Bank of Nigeria was establishment in 1933, the Agbomgba bank (now Wema Bank) was established in 1945 and the African Continental Bank was established in the year 1947.

Prior to 1952, there was no banking regulation to monitor the activities/operations of the Commercial Banks in the country as a result of this there was lapses in the banking system.  For instance, some banks got license for operation but did not open one day for business.  Some opened, collected money from their customer and vanished or wound up, due to these fraudulent acts, the first banking Act was enacted in 1952 and subsequently in 1959, the Central Bank Act was enacted to monitor the activities/operations of Commercial Banks in the country with the view to reducing bank fraud.  But it rather seemed to stimulate the occurrence of fraud in those Bank because for the decade fraudulent practices have been on the increase and this call for a review or critical evaluation of some at the “Act”, we now hear of cases of bank, been distressed, “Advanced free fraud” “419” and so many other fraudulent practices all in our banking industry.

In writing this protect, the area/state chosen for the study is Enugu and the bank of interest is Orient Bank Plc.

 

  • STATEMENT OF PROBLEM

Fraud is now a household word in Nigeria, because hardly can

a day pass by in Nigeria without a reported case of fraud in our industries, especially the banking sector.  This has brought a lot of worries to prominent investors, the government and other interested parties we now live in an era of distrust amongst banks and their customers.  The Business Times of January 23 1995 had it that “the rising incidence of bank fraud has created a lot of distrust

THE IMPORTANCE AND ROLES OF INSURANCE INDUSTRY IN NIGERIAN ECONOMY

THE IMPORTANCE AND ROLES OF INSURANCE INDUSTRY IN NIGERIAN ECONOMY

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COMPLETE MATERIAL  COST  N2,500 Or $10.  FRESH  PROJECT MATERIAL  COST 50,000 NAIRA FOR UNDERGRADUATE, OTHERS 100,000 -200,000 NAIRA.

THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Host Link Global Services Ltd
ACCOUNT NUMBER: 0138924237
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

ATM CARD:  YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANK SECURITY FOR GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

Enter Amount

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 24 HOURS

CALL OUR  CUSTOMERS CARE  OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

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CHAPTER ONE

 

  • INTRODUCTION

Insurance industry is a very vital aspect of Nigeria economy,

and its importance and roles can not be overemphasized, in this project work the researcher want to identify the history of insurance industry in the Nigerian economy and also the actual roles and the importance of insurance industry to the common man and the society at large, such roles and importance includes in every sector of the economy, like, the banking sector, Agricultural sector, aviation sector, Business sector etc.

The research work also treated the types of insurance industry in  Nigeria, here the researcher compared it with the types operated overseas, and the method used to the standard.  Also the project work, focused on the problem encountered by the industry and all the necessary measures that can be used to improve Nigeria insurance up to the world’s standards.  Such problems are viz:

(a)      Lack of government  support;

(b)     Illiteracy in the part of the common man, since Nigeria is still developing;

 

(c)      Lack of adequate infrastructures etc. and the measures to solving them are:

  1. public awareness campaign
  2. Adequate finding by the government
  • Co-operation of the government and the insurance industry to help improve the economy etc.

 

  • BACKGROUND OF THE STUDY

The development of insurance industry, in Nigeria has passed

through three distinguishable phases: the initial open door phase, roughly between 1990 and 1960, the transitional phase which concludes with the first national development plan period, 1962 – 1969 and the take  off phase (1990 to the present times), withness the toughening of the framework of government regulation and represents a radical change in government’s attitude toward the control the industry.

THE COLONIAL ERA:

There was when the insurance market were dominated with European companies who monopolies the insurance industry, during this early period, a number of factors did not ensure an active market.  Economic activity is at low level, there was no insurance consciousness by the populace, due to non-existence of some legislation, like that of motor vehicle and other things, it made Nigerian market to grow in a low pace and also the third world war hindered the growth of the market.

After the war, Nigeria experienced a lot of improvement, and after that was the introduction of the worker’s compensation act of 1940 and the road traffic act of 1945 which came into force on 1st April 1950.  Due to the increase in insurance industry in Nigeria.

 

 

 

TRANSITIONAL PHASE:

This was after Nigeria had their, independent, there was a rapid increase in the number of company establishment, and an increase in insurance industries and some of the foreign companies were turned to indigenous companies.  The first step was to regulate the operations of the insurance companies to ensure a sound and efficiency insurance market, which would not only discharge its duties to members of the insuring public but would constitute the solid foundation for future growth and development.  It was also discovered that some of the insurance companies are not investing in Nigeria, because there was no provision in the law.  This lead to the Act of 1964 which states that  any insurer should invest two – fifth of its premium in Nigeria.

As Nigerian’s insurances industry increases, it was discovered that it is operated by some inexperience people, and it led to problems, and the government arrested the situation by appointing Dr Karl Reichel in October 1966 a United Nations expert.  The most far reaching action of government, which improves insurance business in Nigeria was the establishment of the National Insurance Corporation of Nigeria (NICON) in 1 July, 1969.  in June 1970 the post of the superintendent and deputy superintendence was credited.  This phase experience increase in adoption of direct mechanism, a charging situation which was the inevitable result of the growing belief that effective control of the economy must necessarily accomply the achievement of political independence.

 

PRESENT STAGE:

This was were all the problems and weakness, in the previous stages was corrected, and the government had control or exclusive public ownership of very strategic industries.  The policy of the Federal Military government to participate in a number of key industries was formulated and implemented.  They set up their own institutions and also participated in equity holding of viable foreign owned enterprises.  The government also helped in the promotion, supervision and control of insurance industry in other to protect the investing public.

One of the recent development is the creation of reinsurance, which was mainly operated by Europeans and others.  And also the lunch of the National health Insurance Scheme (NHIS) by president Olusegun Obasamnjo GCFR on 29th may, 205.

The present stage has thus exhibited the features of the “take of phase”, the market is greatly boosted by legislative provisions for compulsory insurance; set owned industries dot the industrial map of the company, again with the indirect effect of boosting the insurance business new legislation is passed with a view to indulgencing the insurance industry and providing a strong financial base for the companies and ensuring a high standard of insurance practice in Nigeria.

 

 

 

 

  • STATEMENT OF PROBLEM

In this section the researcher focused on the prevalence

problems that has led to the insurance industries in Nigeria not performing so well.  These problem militating against the insurance industries roles in Nigeria economy are as follows:

  1. Ignorance in the part of the member of the public.

EFFECTIVENESS OF CREDIT GUIDELINES AS AN INSTRUMENT OF MONETARY POLICY IN NIGERIA.

EFFECTIVENESS OF CREDIT GUIDELINES AS AN INSTRUMENT OF MONETARY POLICY IN NIGERIA.

 

 

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COMPLETE PROJECT  MATERIAL COST 2500 NAIRA OR $10 , WITH THE SOFTWARE 30,000 NAIRA

. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS  FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED.  DESIGN AND WRITING IS OUR SKILLED.

Note: our case study can be change to suit your desire location . we are here for your success.

                                   ORDER NOW

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER:  0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

Note:  We accept bank transfer, ATM cash transfer , Online payment using your ATM , Western union bank transfer.  We will respond to you anytime of the day. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

Enter Amount

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 24 HOURS

CALL OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

 

CHAPTER ONE:
1.0 INTRODUCTION 1
1.1 BACKGROUND OF THE STUDY 1
1.2 STATEMENT OF THE PROBLEM 3
1.3 OBJECTIVE OF THE STUDY 4
1.4 SIGNIFICANCE OF THE STUDY 6
1.5 LIMITATION OF THE STUDY 6
REFERENCE 8
CHAPTER TWO:
2.0 REVIEW OF RELATED LITERATURE 9
2.1 GENERAL REVIEW 9
2.2 OBJECTIVE OF CREDIT POLICY GUIDELINES16
2.3 INSTRUMENTS OF CREDIT GUIDELINES 19
2.4 CREDIT GUIDELINES “HISTORICAL
PERSPECTIVES 22
REFERENCE 27

CHAPTER THREE
3.0 RESEARCH DESIGN AND METHODOLOGY 29
3.1 SOURCES OF DATA 29
3.2 LOCATION OF DATA 30

CHAPTER FOUR
4.1 FINDINGS 31
CHAPTER FIVE
5.0 RECOMMENDATION AND CONCLUSIONS 35
5.1 RECOMMENDATION 35
5.2 CONCLUSIONS 37
BIBLIOGRAPHY 39

CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
One important factor affecting the level of economic activities in any economy is change in supply. These changed affects directly the rate of spending by the citizen of the country. It is therefore, because of the economic importance of monetary that the monetary authorities has devoted time and resources towards money management with a view of reaping the benefits inherent therein.
The credit guideline, which is my topic of study, has formed the apex instrument used by monetary authorities in Nigeria to influence economic activities. The guidelines are informed of central bank of Nigeria monetary policy circulars prescribing sectoral and aggregate increase and decreasing in credits by the commercial and merchant banks.
According to Anyanwu J.A. (1998) the credit guidelines can be used to regulate the pace and content of economic in an economy. This involves authorities interference with the volume and direction of credit by the commercial and merchant banks to those sectors of the economy. This is why the government divided the economy into major sectors, the preferred or high priority sector and the less preferred or high priority sector and the less preferred or “others” sector.
The preferred sector comprises of agricultural industrial or manufacturing enterprises residential building construction, exports and essentials services sub-sectors.
The government has since the introduction of the credit guidelines in 1964, being urging banks to grant more credit facilities to this sector or order to boost the rate of economic development in the country. The less preferred sector of the economy also comprises of general commerce, government and “others”. Government also urges the banks to allocate less funds or exercise restraint in granting loans and advances to this sectors because of the affects it this sectors because of the affects it would have no the general price level.
Credit guidelines could also be regarded as an anti-inflationary techniques preventing the flow of funds to those sectors. Of the economy that are very sensitive to inflationary pressures.
According to Orjih .J. (1996): credit Guidelines is the policy sp0elt out by the central bank of Nigeria CBN, which regulates the credit creation of the commercial banks.
This control measure was adopted by the CBN for achieving the objectives of general economic policy. It changes the volume, quantity, availability cost and direction of money and credit in a given economy.

1.2 STATEMENT OF THE STUDY
i. Despite the efforts of the monetary authorities in order to achieve the objective of the guidelines/performance has fallen far below the projected level. Several factors could be identified to account for the failure to achieve these set objectives. These factors form the basis of the statement of the study and includes some of the credit guidelines measures are ineffective to tackle the economic problems.

AN EXAMMINATION OF THE TECHINQUES OF MANAGING FINANCIAL DISTRESS IN THE NIGERIA BANKING INDUSTRY

AN EXAMMINATION OF THE TECHINQUES OF MANAGING FINANCIAL DISTRESS IN THE NIGERIA BANKING INDUSTRY

 

Click here to download our android mobile app to your phone  for more materials and others

Note: our case study can be change to suit your desire location . we are here for your success.

ORDER NOW

COMPLETE MATERIAL  COST  N2,500 Or $10.  FRESH  PROJECT MATERIAL  COST 50,000 NAIRA FOR UNDERGRADUATE, OTHERS 100,000 -200,000 NAIRA.

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Host Link Global Services Ltd
ACCOUNT NUMBER: 0138924237
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

Note:  We accept bank transfer, ATM cash transfer , Online payment using your ATM , Western union bank transfer.  We will respond to you anytime of the day. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

Enter Amount

CALL OUR  CUSTOMERS CARE  OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 1 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

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ABSTRACT

The researcher examines the technique of managing financial distress in the Nigerian banking industry. The researchers purpose of study among other.

To examine bank recapitalisation as a technique of managing distress in the banking industry.

To examine debt recovery and cost reductive as a technique of managing distress in the banking industry.
To examine bank acquisition and merger as technique of managing distress in the Nigeria banking industry.
The researcher collected the necessary data through structural questionnaire and oral interview. In analyzing the data collected, the researcher made use of textual and tabular presentation.
In both case chi-square and simple percentage where the major tools used for data ananlysis.

The findings revealed among other things.
(1) That bank needs to be recapitulated.
(2) That two or more distressed banks need to merge to from a new, strong and healthy one.
(3) That banks need to recover their debts to ensure their continuing existence.

A strong bank should take over a small and weak bank to enhance its survival and performance. It was also discovered that excessive operational cost is one of the factors that led to bank distress.

 

TABLE OF CONTENTS

CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
1.2 STATEMENT OF PROBLEM
1.3 OBJECTIVE OF THE STUDY
1.4 RESEARCH QUESTION
1.5 RESEARCH HYPOTHESIS
1.6 SIGNIFICANCE OF STUDY
1.7 SCOPE, LIMITED AND DELIMITATIONS
1.8 DEFINITION OF TERMS

REFERNCE

CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE …………………………
2.1 INTRODUCTION TO EXAMINATION OF THE
TECHNIQUES OF MANAGING FINANCIAL
DISTRESS IN THE NIGERIAN BANKING INDUSTRY.
2.1 BANKING RECAPITALIZATION…………………………………..
2.2 THE ROLE OF CAPITAL IN BANKING…………………………….
2.3 COMPONENTS OF BANK CAPITAL………………………………
2.4 MAJOR OPTIONS IN BANK RECAPITALISATION………………
2.5 FOREIGN INVESTMENT OPTION IN BANK RECAPITALISATION……………………………………………….
2.6 DEBT RECOVERY AND COST REDUCTION…………………….
2.7 LOAN RECOVERY STRATEGICS ……………………………….
2.8 BANK AQUSITION AND MERGER ………………………………
2.9 RESTRUTURE AND SELL OPTION
REFERENCE
CHAPTER THREE

3.0 RESEARCH DESIGN AND METHODOLGY
3.1 RESEARCH DESIGN
3.2 METHODS OF INVESTIGATION
3.3 RESEARCH POPULATION
3.4 SAMPLING SIZE DETERMINATION
3.5 SAMPLE TECHNIQUES
3.6 RESEARCH INSTRUMENT USED
3.7 METHOD OF PRESENTATION
3.8 TECHNIQUES OF DATA ANANLYSIS

CHAPTER FOUR
4.0 PRESENTATION OF DATA AND ANANLYSIS
4.1 DATA PRESENTATION ANANLYSIS
4.2 TESTING OF HYPOTHESIS

CHAPTER FIVE
5.0 FINDINGS, CONCLUSION AND RECOMMENDATION
5.1 FINDINGS
5.2 CONCLUSION
5.3 RECOMMENDATION
BIBILIGRAPHY
APPEDIX
(1) LETER TO THE RESPONDENTS
(2) QUESTIONNAIRES

CHAPTER ONE

1.0 INTRODUCTION
1.1 BACKGROUND OF STUDY
The issue of financial distress in the Nigerian banking industry has became the ‘Conequences of bnak failures, the problem has became a major source of concern to the government, the regulatons of financial institutions and to the general public. The experience of Nigerians during the first era of bank failures in Nigerian between 1953 to 1959 was such that generated understandable apprehension among the banking public. Unfortunately, the problem has reducing up till now in the Nigerian financial system. Also distress in Nigerian banking system is a phenomenon that must be tackle with every amount of Vigour in order to minimize its occurrence in the economy.
Although, Nigerian thought this was a good own for the economy, it soon downed on them that the perceived boom was a mirage and gross mismanagement. The increasing number of distress in the nations banking industry has impacted negatively on the economy by slowing down the tempo of business activities. The courage also effects some government and some healthly banks which have cost some of the confidence which they had enjoyed before the issue of banking distress become pronounced.
1.2 STATEMENT OF PROBLEMS
Financial distress in the Nigeria banking industry will therefore occure when a fairly reasonable proportion of banks in the system are unable to meet their obligations to their customer as well as their owners and the economy as a result of weakness in their financial, operational and managerial condition which have rendered them either insolvent. Also is a situation in which a sizable

THE ROLE OF THE STOCK EXCHANGE MARKET IN THE ECONOMY.

THE ROLE OF THE STOCK EXCHANGE MARKET IN THE ECONOMY.

 

 

Click here to download our android mobile app to your phone  for more materials and others

COMPLETE PROJECT  MATERIAL COST 2500 NAIRA OR $10 , WITH THE SOFTWARE 30,000 NAIRA

. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS  FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED.  DESIGN AND WRITING IS OUR SKILLED.

Note: our case study can be change to suit your desire location . we are here for your success.

                                   ORDER NOW

MAKE YOUR PAYMENT  INTO ANY OF THE FOLLOWING BANKS:
 GTBANK
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER:  0115939447
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631

Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
 Account Number:  0117780667. 
Swift Code: GTBINGLA 
Dollar conversion rate for Naira is 175 per dollar. 

Note:  We accept bank transfer, ATM cash transfer , Online payment using your ATM , Western union bank transfer.  We will respond to you anytime of the day. 

OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.

Enter Amount

form>DELIVERY PERIOD FOR BANK PAYMENT IS  LESS THAN 24 HOURS

CALL OKEKE CHIDI C ON :  08074466939,08063386834.

AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO

08074466939 or 08063386834, YOUR PROJECT TITLE  YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.

WE HAVE SECURITY IN OUR BUSINESS.   

MONEY BACK GUARANTEE

 

ABSTRACT
The research into the role of the Nigerian stock exchange market can be emphasized due to its roles. However, those roles are meant to be a strong and very important sources of capital in the capital market for the development of the West African sub-region. But though there are important role performed by the organization, there are certain problems militating against the growth and development of the Nigerian stock exchange market such as: unstable market growth, low level of income saving, corruption, inflation of market peace and lack of interest. Those and many more have made the NSEM to lose focus, thereby causing a downward movement of the economy.
Conclusively, from the above, efforts were to ensure that reliable and valid data are gathered for this empirical study thus to know the objectives, function, Activities and make positive suggestions on how to resolve the prevailing situation in the NSEM.
Table of content

CHAPTER ONE
1.1 Background of the study
1.2 Statement of the problem
1.3 Objective of the study
1.4 Significance of the study
1.5 Scope and limitation of the study

CHAPTER TWO
2.0 Review of related literature
2.1 Background to the establishment of the study
2.2 Stock exchange market (SEM)
2.3 Structure of the stock exchange market
2.4 The objectives function/role of the stock exchange market
2.5 System of operation in the exchange
2.6 Listing requirement in the exchange
2.7 Problems of the stock exchange market
2.8 Internationalizing the Nigeria stock exchange.

CHAPTER THREE
3.0 Research design and methodology
3.1 Sources of data (secondary data)
3.2 Location of data
3.3 Methods f investigation
CHAPTER FOUR
Findings

CHAPTER FIVE
5.0 recommendations and conclusion
5.1 Recommendation
5.2 Conclusion
Bibliography

CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
The stock exchange is a vital economic institution. The height of development the world has attained makes the stock exchange market services indispensable. The SEM is seen as a vehicle of fund mobilization and the development of local capital in Nigeria. It provides the facilities that make it possible for buyers and sellers to meet. Perhaps, An example of a stock exchange market is the Lagos stock exchange established in 1961 through the Act of parliament as a result of the need for a market for the selling and buying of securities. The stock exchange market is meant to be a strong and very important source of capital in the capital market for the development of the West African sub-region.
Over the years, the stock exchange market has been on the downward swing and is characterized by low growth. The market has defied all necessary changes made to strengthen of the SEM is characterized by unstable market growth, low level of income saving, corruption, inflation of market prices and lack of interest. These and many more have made the SEM to lose focus, thereby causing a downward movement of the economy.
It is this necessary to direct a searchlight on the activities of the SEM as a body where in lies the hope of our economical development so as to assess its achievement, problems and prospects in helping to actualize the noble objectives of acts that set it up.

1.2 STATEMENT OF THE PROBLEM
When the Nigerian stock Exchange market was established in 1961 Nigerians from all works of life thought it a step in the right direction. It was hoped that with the establishment of the SEM, our economy could by better for it.
It is against this back-drop that the researcher has set out in a bid to find lasting solutions to these