THE ECONOMIC IMPLICATION OF FRAUD IN NIGERIA
This research examined frauds in the banking industries in Nigeria. The essence of these is that if these frauds are not detected and worked upon, it may lead to banks not performing well. This issue is important at this stage because the world is going cashless and ATM is one of the main tools for cashless banking. Questionnaire and oral interview were used for the study. The study also concludes that since the issue of fraud cannot be wiped out completely, it can as well be minimized to as low as reasonably practicable by ensuring that the proper thing is done at all time.
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