Informatics Publishing Limited

Abstract

This paper assesses the nature, causes, effects, detection and prevention measure for bank frauds in Nigeria. The methodology employed for data collection is only primary source, which involved the use of questionnaires, in which 100 questionnaire were administered to the selected bank staff, out of which 92 questionnaires were completed and returned. Also this study make use of Nigerian Deposit Insurance Corporation (NDIC) annual reports for data relating to total amount involved in frauds and forgeries, ten banks with the highest fraud cases and categories of bank staff involved in frauds and forgeries. The paper concludes that If fraud is discovered or there is a reasonable basis to believe that improprieties have occurred, the audit committee should be notified immediately and is responsible for ensuring that an investigation is conducted. in the fight for the prevention of fraud, banks should have in place sound/effective internal control mechanism/checks and balances. There should be steadfastness in punishing offenders and adoption of zero tolerance to corruption. The society should imbibe cultural value system of treating fraudsters with contempt.

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Abstract

 Information Technology is a necessity in Nigeria Universities in order to tackle the usual areas of information difficulties such as budgeting, student records, staff placement, audit and preparation of salaries, purchasing and supply, examination results and records. The paper is therefore to determine the application of information technology on administrative efficiency in Nigeria Universities. Five universities were selected in Ekiti State. They are; Federal University Oye,University of Ado- Ekiti,University of Sciences and Technology, The University of Education,Ikere and Afe Babalola University, Ado Ekiti.

It is crystal clear that the selection cut across;federal,state and private universities. In this paper primary and secondary data were used of which simple random samples of 50 questionnaires were distributed among the selected universities. Data collected were sorted out and analyzed using scientific method of data analysis of which computation carried out through the use of simple percentage, mean, standard derivation and chi square respectively.     

Applicability of Information Technology is very important for the administrative efficiency on the University System. The study therefore, conclude  that for the University to achieve the aims and objectives for which it is set up, all the sub-system must be supplied with up to date Information technology equipments.

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