- The Complete Research Material is averagely 152 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦7,000
Get the complete project »
ABSTRACT
Deposit Insurance System (DIS) has become a key component of most financial systems worldwide because of the important roles it plays in protecting depositors as well as contributing to financial system stability. Since its establishment by the Nigeria Deposit Insurance Corporation (NDIC) Decree No. 22 of 1988, the NDIC, which is charged with deposit protection mandate has remained an active safety-net player in spite of many daunting challenges. The establishment of the corporation was bore out of necessity over two decades ago when the Federal Government conceived the idea of the implementation of the Structural Adjustment Programme (SAP) in which the deregulation of the banking system would constitute an unholden central pillar. The NDIC has been faced with numerous challenges that have hampered the effective and efficient implementation of the Deposit Insurance Scheme (DIS) in Nigeria. Thus, this research work aims at examining these challenges and to proffer sound recommendations. Firstly, the corporation is faced today with the challenge of execution of court judgement against its assets for liability of banks in liquidation. This is because courts normally regard the NDIC as a successor-in-title of failed banks. Secondly, the amount fixed as maximum deposit claim under section 20(1) of the NDIC Act, 2010 to all the classes of depositors and regardless of the amount of deposit lost by a depositor in the event of failure of a deposit-taking financial institution is not reasonable. Thirdly, the penalty provided under section 45 of the NDIC Act, 2010 for non-compliance with its provisions and failure to secure the authenticity of any statement submitted pursuant to the provision of Act is less punitive. Consequently, it is hereby recommended that the NDIC Act, 2010 should further be amended to bar courts from executing judgement against the assets of the Corporation as a result of its statutory mandate as a liquidator of failed banks. Secondly, reimbursement of deposit lost by a depositor in the event of failure of an insured deposit-taking institution should be made full as this will encourage savings. Finally, the penalty provided under section 45 of the NDIC Act, 2010 should be increased by making it more punitive so as to encourage compliance. For the purpose of this research work, the doctrinal method of research will be adopted.
CHAPTER ONE
GENERAL INTRODUCTION
1.9 Background of the Study
In recognition of the strategic importance of a stable banking system to an economy, various institutional arrangements have evolved overtime to foster banking stability; one of such initiatives is the establishment of a deposit protection scheme which is aimed at curtailing the attendant economic disruptions th
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR LAW FINAL YEAR PROJECT RESEARCH TOPICS
-
1. ETHNO-RELIGIOUS CONFLICTS AND THE INTERNALLY DISPLACED PERSONS: AN AGITATION FOR LEGAL FRAMEWORK A CASE STUDY OF KADUNA STATE
» ABSTRACT Nigeria as an Independent state with different ethnic and religious groups over the years experienced a number of ethno religious conflicts w...Continue Reading »Item Type & Format: Project Material - Ms Word | 90 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
2. THE ROLE OF THE INSTITUTION OF HISBA IN THE SHARIA IMPLEMENTING STATES IN NORTHERN NIGERIA
» ABSTRACT This research is concerned with the role Hisba is expected to play regarding Sharia implementation in some states of Northern Nigeria and the...Continue Reading »Item Type & Format: Project Material - Ms Word | 172 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
3. AN APPRAISAL OF ALIENATION OF RIGHT OF OCCUPANCY UNDER THE NIGERIAN LAW: ISSUES AND CHALLENGES
» ABSTRACT One of the problems this research discovers is that of conflict of interpretation of the requirement of consent provision as provided under s...Continue Reading »Item Type & Format: Project Material - Ms Word | 99 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
4. AN APPRAISAL ON THE RIGHT OF THE CHILD TO FREEDOM OF THOUGHT, CONSCIENCE AND RELIGION UNDER NIGERIAN LAWS
» CHAPTER ONE GENERAL INTODUCTION 1.1 BACKGROUND OF THE STUDY The right to freedom of thought, conscience and religion is one of the fundamental freedom...Continue Reading »Item Type & Format: Project Material - Ms Word | 117 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
5. AN APPRAISAL OF THE APPLICATION OF THE LAW RELATING TO DOMICILE IN NIGERIA
» ABSTRACT This research project entitled ‘AN APPRAISAL OF THE APPLICATION OF THE LAW RELATING TO DOMICILE IN NIGERIA’, is aimed at examinin...Continue Reading »Item Type & Format: Project Material - Ms Word | 79 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
6. THE ROLES OF THE COURT AND TRIBUNALS ABSTRACT
» The main aim of this thesis is to analyze the roles of the courts and tribunals operating in Nigeria. Globally in all jurisdictions, the courts of law...Continue Reading »Item Type & Format: Project Material - Ms Word | 80 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
7. APPRAISAL OF COLLECTIVE BARGAINING PROCESS AS A MEANS OF SETTLEMENT OF LABOUR DISPUTES IN NIGERIA: CHALLENGES AND PROSPECTS
» ABSTRACT This dissertation is entitled Appraisal of Collective Bargaining Process as a Mode of Settlement of Labour Disputes in Nigeria: Challenges an...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
8. AN EXAMINATION OF THE TAXING POWERS OF STATES UNDER THE NIGERIAN LAWS: A CASE STUDY OF KADUNA STATE.
» ABSTRACT Tax or taxation whether from Personal Income or Company Tax forms part of the items in the National Income required for the servicing of the ...Continue Reading »Item Type & Format: Project Material - Ms Word | 82 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
9. A CRITICAL ANALYSIS OF PRESUMPTIONS IN RELATION TO THE LAW OF EVIDENCE
» CHAPTER ONE GENERAL INRODUCTION 1.0.0: INTRODUCTION Presumption is an important topic in the law of evidence; it is a creature of common law which is ...Continue Reading »Item Type & Format: Project Material - Ms Word | 95 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT
-
10. ADMINISTRATION OF JUSTICE IN NIGERIAN COURTS: PROBLEMS AND PROSPECTS
» ABSTRACT The topic “ Administration of justice in Nigerian courts, problems and prospects” seems to attract to itself ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | LAW DEPARTMENT