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The banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. [ 1] The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959.
The history of banking began with the first prototype banks, that is, the merchants of the world, who gave grain loans to farmers and traders who carried goods between cities. This was around 2000 BC in Assyria, India and Sumer. Later, in ancient Greece and during the Roman Empire, lenders based in temples gave loans, while accepting deposits ...
Born. ( 1932-04-24) 24 April 1932 (age 92) Abayi, Southern Region, British Nigeria (now Abia State, Nigeria) Dr. Paul Agbai Ogwuma (born 24 April 1932) is a Nigerian banker who was Governor of the Central Bank of Nigeria between 1993 and 1999 during the military regime of General Sani Abacha and his successor General Abdulsalami Abubakar .
Yaba College of Technology was established in 1947 as a successor of Yaba Higher College.It attained autonomous status in 1969 by virtue of Decree 23 which granted it the mandate to provide full-time and part-time courses of instruction and training in technology, applied science, commerce and management, agricultural production and distribution; and for research.
Bayero University initially was Ahmadu Bello College. The college was named after the Premier of Northern Nigeria, Ahmadu Bello.It was founded in January 1960 by the Northern Nigeria Ministry of Education headed by Isa Kaita to prepare senior secondary certificate holders for General Certificate of Education (G.C.E.) and A-level in Arabic, Hausa, Islamic History, Islamic studies and English ...
Website. www.uniport.edu.ng. University of Port Harcourt. The University of Port Harcourt is a public research university located in Aluu and Choba, Port Harcourt, Rivers State, Nigeria. It was established in 1975 [ 5] as University College, Port Harcourt and was given university status in 1977. [ 1] The University of Port Harcourt was ranked ...
Ajayi Crowther University, was founded as a CMS Training Institution in Abeokuta in 1853. It relocated from Lagos to Oyo in 1920. It is owned by the Anglican Church in Nigeria - christened Church of Nigeria, Anglican Communion. Initially, it was a Grade II Teachers' Certificate college. St. Andrews College, Oyo started a Divinity Course from ...
Website. unn.edu.ng. The University of Nigeria, commonly referred to as UNN, is a federal university located in Nsukka, Enugu State, Eastern part of Nigeria. Founded in 1955 by Nnamdi Azikiwe [ 5][ 6][ 7] who was the Governor General of Nigeria between 1960 and 1963, [ 8] and first President of Nigeria between 1963 and 1966. [ 9]