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Aliyu Mai-Bornu
Mallam Aliyu Mai-Bornu (1919 – 23 February 1970) was a Nigerian economist, and the first indigenous Governor of the Central Bank of Nigeria. Life Early life and education Mai-Bornu was born in the town of Yola to parents of Kanuri heritage. His father was a councillor in the Lamido Native Authority and initially opposed Mai-Bornu's attendance of school until he was persuaded by the Lamido to give Mai-Bornu a chance. Mai-Bornu attended Yola Elementary School, Yola Middle School, and was admitted to Kaduna College in 1938, graduating in 1942 as an English language teacher. He started his teaching career at his alma mater, Yola Middle School, from 1942 to 1946 before proceeding to another one of his alma maters, Kaduna College (1946–1952), and soon joined the Northern Teachers Association. In 1952, he returned to Yola as deputy headmaster of the Yola Middle School and later left Yola to be a house tutor at the Veterinary School in Vom for five months. He earned a government sch ...
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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 ...
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Clement Nyong Isong
Clement Nyong Isong, CFR (20 April 1920 – 29 May 2000) was a Nigerian banker and politician who was governor of the Central Bank of Nigeria (1967–1975) during the military regime of General Yakubu Gowon. He was later elected governor of Cross River State (1979–1983) in the Nigerian Second Republic. Background Isong was born on 20 April 1920 in Eket, Akwa Ibom State. He studied at University College, Ibadan, Iowa Wesleyan College, Mount Pleasant, Iowa, and the Harvard Graduate School of Arts and Sciences, where he obtained a Ph.D. in Economics. He taught economics in the University of Ibadan before joining the Central Bank of Nigeria (CBN) as secretary, later becoming director of research. He was seconded to the International Monetary Fund as an adviser in the African Department. Central bank governor Yakubu Gowon appointed Isong governor of the CBN in August 1967, an office he held until September 1975. He headed the CBN during the Nigerian Civil War (July 1967 – Janua ...
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Nigerian
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 F ...
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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 ...
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Yola, Nigeria
Yola (Fulfulde: Ƴoola), meaning 'Great Plain' or 'Vast Plain Land', is the largest city, capital city and administrative center of Adamawa State, Nigeria. Located on the Benue River, it has a population of 336,648 (2010). Yola is splited into two parts. The old town of Yola where the Lamido resides is the traditional city but the new city of Jimeta (about 5 km NW) is the administrative and commercial centre. Generally the term Yola is now used to mean both. To the north are the Mandara Mountains and to the south are the Shebshi Mountains which Mount Dimlang (Vogel Peak) is part of. Yola is an access point to the Gashaka Gumpti Nature Reserve, which is the largest national park in Nigeria, the Ngel Nyaki montane forest reserve, the Mambilla Plateau, the Sukur UNESCO World heritage site, which is Africa's first cultural landscape to receive World Heritage List inscription, the Yadin Waterfalls, the Kiri Dam on the Gongola River, the Benue national park in nearby Camero ...
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Kanuri People
The Kanuri people (Kanouri, Kanowri, also Yerwa, Baribari and several subgroup names) are an African ethnic group living largely in the lands of the former Kanem and Bornu Empires in Niger, Nigeria, Sudan, Libya and Cameroon. Those generally termed Kanuri include several subgroups and dialect groups, some of whom identify as distinct from the Kanuri. Most trace their origins to ruling lineages of the medieval Kanem-Bornu Empire, and its client states or provinces. In contrast to the neighboring Toubou or Zaghawa pastoralists, Kanuri groups have traditionally been sedentary, engaging in farming, fishing the Chad Basin, and engaged in trade and salt processing. Background Kanuri peoples include several subgroups, and identify by different names in some regions. The Kanuri language was the major language of the Bornu Empire and remains a major language in southeastern Niger, northeastern Nigeria and northern Cameroon, but in Chad it is limited to a handful of speakers in urban c ...
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Barewa College
Barewa College is a college in Zaria, Kaduna State, northern Nigeria. Founded in 1921 by British List of Governors-General of Nigeria, Governor General Hugh Clifford, it was originally known as Katsina College. It switched its name to Kaduna College in 1938 and to Government College, Zaria in 1949 before settling on Barewa College. It is one of the largest boarding schools in Northern Nigeria and was the most-celebrated post-primary schools there up to the early 1960s. The school is known for the large number of elites from the region who attended and counts among its alumni include Abubakar Tafawa Balewa, Tafawa Balewa who was Prime Minister of Nigeria from 1960 to 1966, four List of heads of state of Nigeria, heads of state of Nigeria. House's Memorable names of the dormitories include Bello Kagara House, Lugard House, Clifford House, Dan Hausa House, Mallam Smith House, Nagwamatse House, Bienemann House, Mort House and, later, Jafaru House and Suleiman Barau House, which were c ...
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Bristol University
The University of Bristol is a Red brick university, red brick Russell Group research university in Bristol, England. It received its royal charter in 1909, although it can trace its roots to a Society of Merchant Venturers, Merchant Venturers' school founded in 1595 and University College, Bristol, which had been in existence since 1876. Bristol is organised into #Academic structure, six academic faculties composed of multiple schools and departments running over 200 undergraduate courses, largely in the Tyndalls Park area of the city. The university had a total income of £752.0 million in 2020–21, of which £169.8 million was from research grants and contracts. It is the largest independent employer in Bristol. Current academics include 21 fellows of the Academy of Medical Sciences, 13 fellows of the British Academy, 13 fellows of the Royal Academy of Engineering and 44 fellows of the Royal Society. Among alumni and faculty, the university counts 9 Nobel laureates. Bristol is ...
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Northern Region, Nigeria
Northern Nigeria was an autonomous division within Nigeria, distinctly different from the southern part of the country, with independent customs, foreign relations and security structures. In 1962 it acquired the territory of the British Northern Cameroons, which voted to become a province within Northern Nigeria. In 1967, Northern Nigeria was divided into the North-Eastern State, North-Western State, Kano State, Kaduna State, Kwara State, and the Benue-Plateau State, each with its own Governor. History Prehistory The Nok culture, an ancient culture dominated most of what is now Northern Nigeria in prehistoric times, its legacy in the form of terracotta statues and megaliths have been discovered in Sokoto, Kano, Birinin Kudu, Nok and Zaria. The Kwatarkwashi culture, a variant of the Nok culture centred mostly around Zamfara in Sokoto Province is thought by some to be the same or an offshoot of the Nok. The Fourteen Kingdoms The Fourteen Kingdoms unified ...
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Naira
The naira (currency sign, sign: ₦; ISO 4217, code: NGN) is the currency of Nigeria. One naira is divided into 100 ''kobo''. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency Operations Department of the CBN is in charge of currency management, through the designs, procurement, distribution and supply, processing, reissue and disposal or disintegration of bank notes and coins. History The naira was introduced on 1 January 1973, replacing the Nigerian pound at a rate of £1 = ₦2 naira. The coins of the new currency were the first coins issued by an independent Nigeria, as all circulating coins of the Nigerian pound were all struck by the Colonial Nigeria, colonial government of the Federation of Nigeria in 1959, with the name of Elizabeth II, Queen Elizabeth II on the obverse. This also made ...
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1919 Births
Events January * January 1 ** The Czechoslovak Legions occupy much of the self-proclaimed "free city" of Pressburg (now Bratislava), enforcing its incorporation into the new republic of Czechoslovakia. ** HMY ''Iolaire'' sinks off the coast of the Hebrides; 201 people, mostly servicemen returning home to Lewis and Harris, are killed. * January 2– 22 – Russian Civil War: The Red Army's Caspian-Caucasian Front begins the Northern Caucasus Operation against the White Army, but fails to make progress. * January 3 – The Faisal–Weizmann Agreement is signed by Emir Faisal (representing the Arab Kingdom of Hejaz) and Zionist leader Chaim Weizmann, for Arab–Jewish cooperation in the development of a Jewish homeland in Palestine, and an Arab nation in a large part of the Middle East. * January 5 – In Germany: ** Spartacist uprising in Berlin: The Marxist Spartacus League, with the newly formed Communist Party of Germany and the Independent Social D ...
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1970 Deaths
Year 197 ( CXCVII) was a common year starting on Saturday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Magius and Rufinus (or, less frequently, year 950 ''Ab urbe condita''). The denomination 197 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 * February 19 – Battle of Lugdunum: Emperor Septimius Severus defeats the self-proclaimed emperor Clodius Albinus at Lugdunum (modern Lyon). Albinus commits suicide; legionaries sack the town. * Septimius Severus returns to Rome and has about 30 of Albinus's supporters in the Senate executed. After his victory he declares himself the adopted son of the late Marcus Aurelius. * Septimius Severus forms new naval units, manning all the triremes in Italy with heavily armed troops for war in the East. His soldiers ...
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