Budgeting As A Control Strategy (a Case Study Of Unionbank Of Nigeria Plc Enugu Ogui Road)

CHAPTER ONEINTRODUCTION1.1    Background of study               Union Bank of Nigeria plc is one of the first generation banks started to the colonial era. Formally known as Baraclays bank DCO (Dominion Colonial and Overseas) it was opened in1917.               In compliance with the directive of the government in 1968, that all companies (Including Banks) must be incorporated  locally in Nigeria in1969 and its name was consequently changed to Baraclays Banks of Nigeria Limited with its registered Head office at 40 Marina Lagos.              As a result of Nigerian Enterprises promotion decree…