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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.
Sanusi Lamido Sanusi. Muhammadu Sanusi II, CON ( Ajami: محمد السنوسي, Muhammadu Sanusi na biyu ( Listen ⓘ); born 31 July 1961), [ 1] known by the religious title Khalifa Sanusi II ( Ajami: خليفة السنوسي), is the spiritual leader ( khalifa) of the Tijanniyah Sufi order in Nigeria and the emir ( Sarki) of the ancient city ...
Joseph Oladele Sanusi. Personal details. 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 ...
1913 – The Federal Reserve Act created the Federal Reserve System, the central banking system of the United States, and granted it the legal authority to issue legal tender. 1930–33 – In the wake of the Wall Street Crash of 1929, 9,000 banks close, wiping out one third of the money supply in the United States. [219]
Following the merger of Standard Trust Bank and United Bank for Africa in 2005, Elumelu led the company as Group Managing Director from a single-country banking group to a pan-African bank with subsidiaries in 20 African countries, France, the U.S and the U.K, eventually stepping down in 2010. [15] [16]
Peter Gregory Obi CON ( Igbo: [òbí] ⓘ; born July 19, 1961) is a Nigerian politician and businessman who was the Governor of Anambra State under President Olusegun Obasanjo from 17 March 2006 to 3 November 2006, when he was impeached. A member of All Progressives Grand Alliance, he was reinstated on 9 February 2007 and continued his tenure ...
t. e. Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. [ a ] As a subject of study, it is related to but distinct from economics, which is the study of the production, distribution, and consumption of goods and services. [ b ] Based on the scope of financial activities in financial ...
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]