The Challenges of Managing Corporate Account in Nigeria

One of the main survival techniques of most banks is to ensure progressive increase in deposit base. These deposits do not just magically appear, rather driven via transactions created between banks and there numerous customers (both human being and artificial beings).The artificial customers are regarded as the corporate organisations who do business with the banks. Out of various means of doing business with Nigerian banks, opening of corporate account is key.Corperate account is very important for every corporate entities to carry out her day to day financial obligation via banks. Even though banks see it as a edge for survival via various “charges et al” on transactions on those corporate accounts, the customers perspective of ensuring that the account is a is properly managed is a great challenge. Therefore, the research investigated the challenges of managing corporate bank account in Nigeria. Earlier research report were reviewed and data source were primary and secondary. and SPSS were used to analyze the data(with different statistical tools).Conclusions and recommendations were made on research findings. Table of content 1. Introduction 1. statement of problem………………………………………………………… 2. objectives of the study………………………………………………………. 3. research questions…………………………………………………………… 1.4research hypotheses…………………………………………………………… 1.5 Significance of study…………………………………………………………… 1.6 Scope of study…………………………………………………………… 1.7 Limitation of Study…………………………………………………………… 2.0 Literature review 2.1 Banking Evolution in Nigeria………………………………………… 2.2 Definition of bank account 2.3 Types of accounts 2.4 bank account Management 3.0 Methodology 3.1 Introduction 3.2 population of the study: 3.3 Sampling size 3.4 Sampling