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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 ...
Lagos State University, popularly known as LASU, is a Lagos state government-owned university established in 1983. Its main campus is situated at Ojo, with sub-campuses at Ikeja and Epe. The university was set up "for the advancement of learning and establishment of academic excellence". [ 5][ 6][ 7] The university caters to over 35,000 ...
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]
The BOI-Microfinance Bank Limited is a limited liability company duly incorporated in Nigeria under the 2002 Companies and Allied Matters Act and regulated by CBN. The bank offers a broad range of financial services to micro, small and medium-sized enterprises and various low-income earners both as individuals and as groups.
The Glass–Steagall Act of 1933 was passed in reaction to the collapse of a large portion of the American commercial banking system in early 1933. One of its provisions introduced the separation of bank types according to their business (commercial and investment banking). In order to comply with the new regulation, most large banks split into ...
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 ...
Prince Abubakar Audu University , (Formerly Kogi State University) located at Anyigba, is a state-owned university of Kogi, Nigeria. It was established in 1999 by Prince Abubakar Audu, the former governor of the state. [ 1] At the time of its establishment, it was known as Kogi State University, It was later renamed Prince Abubakar Audu ...