The focus of this project is to appraise the application of MBO Programmes in the affairs of Union Bank of Nigeria Plc, Okpara Avenue Branch, Enugu. The programmes of MBO has been inadequately applied in Union Bank, Okpara avenue branch and his due to ignorance of the employees of the benefits that accrue to such full application.
Four research question and hypothesis guided this study, one hundred and twenty (120) officials comprising the senior ands junior staff were interviewed. The questionnaires were structural in such a way as to elicit information for the stated hypothesis in the study.
Despite the benefits of MBO Union Bank Plc Okpara Avenue has not come to grip with this concept., Results of the study shows a clear abandonment of MBO y Union Bank Plc Okpara Avenue staff. Conclusions also arrived at indicating that Union Bank do not apply MBO in carrying out organizational policies.
1.1 BACKGROUND OF THE STUDY
In 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.