CHAPTER ONE1.0 INTRODUCTION1.1 BACKGROUND OF THE STUDYIn Nigeria, Financial Institution are those institutions that make available to customers short term, long term and other credit instruments for investments and other purposes. They also accept deposit, valuables and perform other functions. An excellent example is the Banking Industry. The Nigerian Banking Industry started in 1892 when the Africa Banking corporation was Incorporated. This was followed by the establishment of Barclays Bank of Nigeria Plc.The Union bank of Nigeria Plc is among the First generation Banks in Nigeria.