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1 – 5 of 5This paper aims to examine the nature of frauds and insider involvement in the perpetration of frauds in Nigeria’s banking ecosystem. It probes the payment platforms mostly…
Abstract
Purpose
This paper aims to examine the nature of frauds and insider involvement in the perpetration of frauds in Nigeria’s banking ecosystem. It probes the payment platforms mostly vulnerable to fraud attacks since the role-out of cashless policy in Nigeria in 2014.
Design/methodology/approach
Using secondary data on frauds and forgeries in Nigeria Deposit Insurance Corporation annual report of 2019, the study engaged the data on frauds and forgeries to unpack the complex dynamics in relation to bank frauds in Nigeria.
Findings
Findings show that fraud attacks on deposit money banks increased year in year out although the actual monetary loss dropped in 2019 as against 2018. Technology mediated transactions such as the use of automated teller machine and internet-based transactions experienced the most fraud. In relation to the role of insiders, all cadres of staff were involved in the fraud but majority of those involved were temporary staff.
Practical implications
Arising from this, it is suggested that banks should continue to strengthen security system and governance structures. Employing temporary staff should be phased out while online and offline vigilance should be mounted.
Originality/value
The study contributes to knowledge by examining the nature of frauds and unveiling the insider dimensions of fraud and the possible factors increasing the vulnerability of casual staff to perpetrate fraud.
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Keywords
Oludayo Tade and Oluwatosin Adeniyi
This paper aims to investigate automated teller machine (ATM) fraud in southwest Nigeria, as extant studies have not examined the unintended consequences of ATM subscription…
Abstract
Purpose
This paper aims to investigate automated teller machine (ATM) fraud in southwest Nigeria, as extant studies have not examined the unintended consequences of ATM subscription particularly the effect of the identity of fraudsters and the strategies for defrauding.
Design/methodology/approach
Using sequential exploratory strand of mixed method, data were collected from both ATM users and victims of ATM fraud using multi-stage sampling procedure. This involved purposive selection of Lagos and Oyo states.
Findings
Results showed that fraudsters were typically lovers, friends, relatives and sometimes children of victims. Strategies for defrauding included card cloning, swapping of cards and physical attacks at ATM galleries.
Research limitations/implications
Because of the size of the sample which is small, the research results may lack generalizability. More expansive works are needed across Nigeria in this regard.
Practical implications
The paper includes implications for policy initiative concerning the deployment and use of payment systems such as ATM in Nigeria.
Social implications
The paper reveals the limits of trust in cashless policy. It raises salient policy issues concerning the need for the governance of trust to engender adoption.
Originality/value
The paper characterizes fraudsters and their strategies for defrauding.
Details
Keywords
Oludayo Tade and Yikwab Peter Yikwabs
This study aims to examine contemporary factors underlying farmers and pastoralists’ conflict in Nasarawa state. These two communities had rosy and symbiotic relationships which…
Abstract
Purpose
This study aims to examine contemporary factors underlying farmers and pastoralists’ conflict in Nasarawa state. These two communities had rosy and symbiotic relationships which have transmogrified into sour tales of mutual suspicion, destruction, deaths and violence.
Design/methodology/approach
Exploratory research design was used. Data was collected using qualitative tools of data collection such as in-depth interview (IDI) and key informant (KII) guides to extract responses from farmers and pastoralists.
Findings
In a bid to end the conflicts between these two groups, Benue State Government enacted the Open Grazing Prohibition and Ranches Establishment Law also known as anti-open grazing law in 2018. Although the law altered the conflict landscape in Benue, it recorded trans-territorial backlashes in the neighbouring Nasarawa State where herdsmen relocated. The relocation of herders to Nasarawa State, setting up of livestock guards to check open grazing by pastoralists, rumour and politics triggered contemporary violent conflicts between these groups.
Originality/value
As against existing studies, this study examines contemporary trigger of the conflict.
Details
Keywords
Oludayo Tade and Yikwab Peter Yikwabs
The purpose of this paper is to examine the victimization experiences of farming and herding communities in Nasarawa State, Nigeria.
Abstract
Purpose
The purpose of this paper is to examine the victimization experiences of farming and herding communities in Nasarawa State, Nigeria.
Design/methodology/approach
The study employed purposive sampling, extracting data from 27 victims in Lafia and Obi local government areas. Data were collected using in-depth and key informant interviews. In a balance of tales, both farming and herding communities claimed victimhood status.
Findings
While farming communities suffered internal displacement resulting from destruction of farmland, forceful takeover of own community, destruction of livelihoods and human fatalities; herding community victimization manifested in destruction of livelihood (killing of cows), cattle rustling and human fatalities. Arising from the findings, the authors suggest proactive policing and victim compensation to reduce the incidence and severity of victimization.
Originality/value
The study is unique as it probed into the neglected domain of victimization experiences of farming and herding communities.
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Keywords
Oludayo Tade and Adeyinka A. Aderinto
The purpose of this paper is to examine factors underlying gender preference of domestic servants (DS). Children in domestic service constitute the most common form of urban child…
Abstract
Purpose
The purpose of this paper is to examine factors underlying gender preference of domestic servants (DS). Children in domestic service constitute the most common form of urban child labour. Literature has shown that domestic service employment has a gender face with the girl-child more susceptible. This is the gap this research fills.
Design/methodology/approach
The study employed both quantitative and qualitative strategies selecting respondents and analysing the study. The respondents were employers of DS and were mainly women. Qualitative data were generated from 15 employers reached through the snowball method. The stratified purposive sampling technique was used to identify private and public organisations in the selected localities where copies of a questionnaire were administered.
Findings
The results showed that factors considered for employing DS are linked to traditional conception of household tasks. Consequently, girls (86.4 per cent) were preferred for performing domestic chores, providing emotional support for employers’ children and were viewed as receptive, “mouldable”, and hardworking to male (11.4 per cent). Not minding these functional roles they perform, some employers reported that female DS could “snatch” their husbands, influence their children negatively, and may be spiritually possessed and physically “unclean”. Male servants were considered foul, repulsive, and revolting to correction; besides, they sexually assault female children of employers; hence they were least demanded.
Research limitations/implications
Because of the size of the sample which is small, the research results may lack generalisability. More expansive works are needed in this regard.
Practical implications
The paper includes implications for policy initiative concerning the plight of working women and security of DS.
Social implications
The paper reveals the social factors considered in recruiting DS and their implications on family relations.
Originality/value
This paper fulfills the identified gap to study gender preference in domestic servitude.
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