BUSINESS AND FINANCE JOURNAL

This study investigated the forensic accounting predictors on procurement fraud in Nigeria’s Oil and Gas sector. This study adopted a survey research design. The target population for this study was 206 staff of 8 major marketers in oil and gas company in Nigeria. The study collected primary data from the partakers through a structural questionnaire. The Primary data was obtained from the use of structured questionnaires. The population was two hundred and six (206) employees of the Audit and finance/Account department s from the 8 major marketers oil and gas company in Nigeria. The sample size was one hundred and thirty-six (136) respondents using stratified Sample technique with the use of Taro Yamane (1967) Model. Data were obtained through the use of a well-structured questionnaire. Descriptive and inferential (regression) statistics were used for data analysis. The findings revealed that there is a significant effect of forensic accounting techniques on procurement fraud in the oil & gas company in Nigeria with the Model fitting information telling how well model fit the data resulting in (P = 0.001) which is below the significant level. The study concluded that only forensic accounting technology knowledge reduces procurement fraud in the oil and gas companies in Nigeria, significantly. It is recommended that there should be continuous enforcement of anti-fraud laws by the established anti-fraud agencies such as the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), the Code of Conduct Bureau (CCB).

The escalation in the incidence of bank failures worldwide has garnered substantial attention in contemporary discourse. Such occurrences reverberate beyond the confines of the failed financial institutions, exerting adverse repercussions on stakeholders and occasionally permeating the broader non-banking sector. As a result, the study investigated the effect of Corporate Governance and Economic Crimes in Deposit Money Banks in Nigeria. The study adopted a survey research design. The study population was the 685 employees in the operation, finance, accounting and audit departments of 16 DMBs in Nigeria using stratified sampling technique. The Taro Yamane sample size was employed in selecting the 253 respondents for the study. The study used primary data via a well-structured five-Likert scale dimension. Findings revealed that corporate governance have significant effect on Misappropriation of assets (Adj R2 = 0.519, F(9, 223) = 28.79, p < 0.05). The study concluded that corporate governance had significant effect on misappropriation of assets of DMBs in Nigeria. The study recommended that Management of deposit money banks should institute a well effective internal control system for effective corporate governance for smooth operations and reduction of economic crimes to the barest minimum.