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Abdulkadir Ahmed
Abdulkadir Ahmed (31 October 1940 – 1997) was a Nigerian businessman and civil servant who was governor of the Central Bank of Nigeria from 1982 to 1993. Background Ahmed was born on 31 October 1940 in Jama'are, Bauchi State. He attended Barewa College, Zaria in 1955. He joined the New Nigerian Development Company in January, 1960. Ahmed studied at the University of Ife in 1961. He graduated from South West London College in 1972. Ahmed became Commissioner of Finance for Bauchi state (March 1976 - June 1977). He was appointed a Deputy Governor with the Central Bank of Nigeria in 1977. Before he became Commissioner of Finance, Ahmed had executive experience with Northern Nigeria Development Company (NNDC) and represented the firm in boards of associated companies such as Arewa Textiles Mills, Northern Nigeria Textiles Mills, Cement Company of Northern Nigeria and Arewa Hotels. He joined NNDC in 1960 and was sponsored for training in institutions in Nigeria and abroad. He served ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country, promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the federal government has sometimes pushed it into murky regulatory waters. After the end of imperial rule the desire of the government to become pro-active in the development of the economy became visible especially after the end of the Nigerian civil war, the bank followed the government's desire and took a determined effort to supplement any show shortfalls, credit allocations to the real sector. The bank became involved in lending directly to consumers, contravening its original i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigeria Deposit Insurance Corporation
The Nigeria Deposit Insurance Corporation (NDIC) is a statutory body established by NDIC Act No. 16 of 2006 with exclusive mandate of administering the Deposit Insurance System (DIS) in Nigeria. As one of the components of the nation’s financial safety-net arrangement, the NDIC has the responsibility of protecting depositors and guaranteeing the payment of insured sums when the license of a deposit-taking financial institution is revoked by the Central Bank of Nigeria (CBN).. Organization The NDIC is a parastatal under the Nigerian Ministry of Finance. The corporation is charged with protecting the banking system from instability occasioned by runs and loss of depositors' confidence. It operates under the Nigeria Deposit Insurance Corporation Act (1990). The NDIC is a member of the Financial Reporting Council of Nigeria. The NDIC complements the regulatory and supervisory role of the Central Bank of Nigeria The Central Bank of Nigeria (CBN) is the central bank and apex monet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governors Of The Central Bank Of Nigeria
A governor is an administrative leader and head of a polity or political region, ranking under the head of state and in some cases, such as governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments after their conquest by Rome. Plato used the metaphor of turning the Ship of State with a rudder; the Latin w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bankers
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian Bankers
Nigerians or the Nigerian people are citizens of Nigeria or people with ancestry from Nigeria. The name Nigeria was taken from the Niger River running through the country. This name was allegedly coined in the late 19th century by British journalist Flora Shaw, who later married Baron Frederick Lugard, a British colonial administrator. ''Nigeria'' is composed of various ethnic groups and cultures and the term Nigerian refers to a citizenship-based civic nationality. Nigerians derive from over 250 ethnic groups and languages.Toyin Falola. ''Culture and Customs of Nigeria''. Westport, Connecticut, USA: Greenwood Press, 2001. p. 4. Though there are multiple ethnic groups in Nigeria, economic factors result in significant mobility of Nigerians of multiple ethnic and religious backgrounds to reside in territories in Nigeria that are outside their ethnic or religious background, resulting in the mixing of the various ethnic and religious groups, especially in Nigeria's cities.Toyin Fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian Muslims
Islam is one of the largest religions in Nigeria and the country has the largest Muslim population in West Africa. In 2021, the CIA World Factbook estimated that 53.5% of Nigeria's population is Muslim. Islam is predominantly concentrated in the northern half of the country, with a significant Muslim minority in the southern region. Islam was introduced to what is now Nigeria during the 11th century via trade routes with North Africa and the Senegalese basin, and it was the first monotheistic Abrahamic religion to arrive in Nigeria. Christianity was later introduced in the 15th century by Portuguese missionaries, and grew to be a dominant religion alongside Islam. Muslims in Nigeria are predominantly Sunnis of the Maliki school of thought. However, there is a significant Shia minority, primarily in Kaduna, Kano, Katsina, Osun, Kwara, Yobe and Sokoto states (see Shia in Nigeria). In particular, A 2008 Pew Forum survey on religious diversity identified 5% of Nigerian Musl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1997 Deaths
File:1997 Events Collage.png, From left, clockwise: The movie set of ''Titanic (1997 film), Titanic'', the List of highest-grossing films, highest-grossing movie in history at the time; ''Harry Potter and the Philosopher's Stone'', is published; Comet Hale-Bopp passes by Earth and becomes one of the most observed comet, comets of the 20th century; Golden Bauhinia Square, where sovereignty of Hong Kong is Handover of Hong Kong, handed over from the United Kingdom to the People's Republic of China; the 1997 Central European flood kills 114 people in the Czech Republic, Poland, and Germany; Korean Air Flight 801 crashes during heavy rain on Guam, killing 229; Mars Pathfinder and Sojourner (rover), Sojourner land on Mars; flowers left outside Kensington Palace following the death of Diana, Princess of Wales, in a car crash in Paris., 300x300px, thumb rect 0 0 200 200 Titanic (1997 film) rect 200 0 400 200 Harry Potter rect 400 0 600 200 Comet Hale-Bopp rect 0 200 300 400 Death of Diana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1940 Births
Year 194 (Roman numerals, CXCIV) was a common year starting on Tuesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Septimius and Septimius (or, less frequently, year 947 ''Ab urbe condita''). The denomination 194 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus and Clodius Albinus, Decimus Clodius Septimius Albinus Caesar become Roman Consuls. * Battle of Issus (194), Battle of Issus: Septimius Severus marches with his army (12 Roman legion, legions) to Cilicia, and defeats Pescennius Niger, Roman governor of Syria. Pescennius retreats to Antioch, and is executed by Severus' troops. * Septimius Severus besieges Byzantium (194–196); the Defensive wall, city walls suffer extensive damage. Asia * Battle of Yan Province: Warlords Cao Cao ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Airways
British Airways (BA) is the flag carrier airline of the United Kingdom. It is headquartered in London, England, near its main hub at Heathrow Airport. The airline is the second largest UK-based carrier, based on fleet size and passengers carried, behind easyJet. In January 2011 BA merged with Iberia, creating the International Airlines Group (IAG), a holding company registered in Madrid, Spain. IAG is the world's third-largest airline group in terms of annual revenue and the second-largest in Europe. It is listed on the London Stock Exchange and in the FTSE 100 Index. British Airways is the first passenger airline to have generated more than US$1 billion on a single air route in a year (from 1 April 2017, to 31 March 2018, on the New York-JFK - London-Heathrow route). BA was created in 1974 after a British Airways Board was established by the British government to manage the two nationalised airline corporations, British Overseas Airways Corporation and British Europea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sani Abacha
Sani Abacha (20 September 1943 – 8 June 1998) was a Nigerian military officer and politician who ruled as the military head of state of Nigeria from 1993 until his death in 1998. He seized power on 17 November 1993 in the last successful coup d'etat in the military history of Nigeria. He was the Chief of Army Staff between 1985 to 1990; Chief of Defence Staff between 1990 to 1993; and Minister of Defence. Abacha became the first Nigerian Army officer to attain the rank of a full military general without skipping a single rank. His rule saw the achievement of several economic feats and also recorded human rights abuses and several political assassinations. He has been dubbed a kleptocrat and a dictator by several modern commentators. Early life Abacha was born and brought up in Kano. He attended the Nigerian Military Training College in Kaduna, and was commissioned in 1963 after he had attended the Mons Officer Cadet School in Aldershot, England. Military career A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
