Frauds In The Nigerian Banking Industry And The Solution

1.1 STATEMENT OF PROBLEM AND PURPOSE OF THE STUDY There are problem associated with out banking system. They include: Fraud in totality /personal intents)  Poor banking services and banking equipment  Long queues causing long stay and delays in the bank  industry  Inefficiency caused by another especially manager and bank staff.  Preferential treatment to some bank customer. This is called ima – madu Inability to pay money in time Issue of mutilated and turn notes to the customers  These and more are problem and inefficiency associated with our banking…