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Abstract

The recent occurrence of financial malpractices in the service producing companies in Nigeria has made the country economic condition to be deteriorating on geometrical bases, this has really caused an adverse effect on the entire economy. Financial malpractices are stooge that has to be uprooted and totally eradicated else the entire sector of the economy will be eaten up by the menace. This research study is embarked upon to evaluate the effect of financial malpractice on the service producing companies in Nigeria, this study also provides the necessary solution that can be adopted to solve the problem of financial malpractice on the service producing sector of the economy. In doing this, questionnaires were distributed to the staffs and customer of PHCN, which are analyzed and the used as the main research methodology for concluding on the research findings.
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An evaluation of financial malpractices on the service producing companies of Nigeria