BANK INSPECTION AND ENFORCMENT OF BANKING REGULATION IN NIGERIAN BANKS
ABSTRACT: Just as every sector of the economy is eager to improve her condition through various research work, it is high time for the banking sector to gear up along with others by searching deep into the effect of banking inspection on enforcing banking regulations. This idea has been conceived in for a long time through my over 3 years of experience in carrying out internal control and inspection function with the banking industry. The study suggests a forward steps towards the needs to have a sound effective and efficient inspection division in all banks and financial institutions alike in order to enforce banking regulations and of this is adopted, it will reduce irregularities, persistent (CBN) penalty frauds thereby resulting to a greater profits, high return of shareholders, tends greater growth and sustainability in the banking sector.