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Femi Pedro
Olufemi "Femi" Olusegun Pedro (born 29 January 1955) is a Nigerian politician who served as deputy governor of Lagos State from 2003 to 2007. Before his election alongside Bola Tinubu, he was a co-owner and the chief executive officer of First Atlantic Bank, now FinBank. Pedro is the current chairman of the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), and the founding chairman of the Lagos State Sports Trust Fund. Personal life and education Early childhood Femi Pedro was born in Lagos Island to Pa Olajide Pedro, an Aguda retired officer of the defunct Western Nigeria Marketing Board, Ikeja, and Modupe Pedro (née Abayomi) on 29 January 1955. Pedro is a descendant of Pa Sanusi Adeyinka Pedro, whose father settled in the Shomolu area of Lagos before moving to Bamgbose Street in Popo Aguda, Lagos Island. Education Pedro received a Bachelor of Science in economics from the University of Wisconsin–Superior (1976–1978) and a master's degree in economi ...
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Deputy Governor Of Lagos State
The deputy governor of Lagos State is the second-highest officer in the executive branch of the government of Lagos State, after the governor of Lagos State, and ranks first in line of succession. The deputy governor is directly elected together with the governor to a four-year term of office. Femi Hamzat is the current deputy governor of Lagos State, he assumed office on 29 May 2019. Qualifications As in the case of the Governor, in order to be qualified to be elected as Deputy Governor, a person must: :*be at least thirty-five (35) years of age; :*be a Nigerian citizen by birth; :*be a member of a political party with endorsement by that political party; :*have School Certificate or its equivalent. Responsibilities The Deputy Governor assists the Governor in exercising primary assignments and is also eligible to replace a dead, impeached, absent or ill Governor as required by the 1999 Constitution of Nigeria. List of Deputy Governors See also *Governor of Lagos State *Gove ...
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FinBank Nigeria
FinBank Plc., also referred to as Finbank Nigeria or FinBank, was a commercial bank in Nigeria. Overview In 2012, FinBank merged with First City Monument Bank (FCMB), allowing them to become the 7th largest bank in Nigeria in terms of branch network and coverage. Prior to the merger, FinBank had about 180 branches in the 36 states of Nigeria. Post Merger, the new bank (FCMB) has over 310 branches, including a branch in the United Kingdom and business office in South Africa. FinBank is still recognized as one of the largest financial services provider in West Africa over the last decade. , the bank's total assets were in excess of US$3 billion, with shareholders' equity of approximately US$70 million. The stock of FinBank was listed on the Nigerian Stock Exchange, where it traded under the symbol: FIBP. History The bank was established in 2006, as First Inland Bank Plc, by the merger of four (4) indigenous financial services institutions namely: (a) First Atlantic Bank Plc, (b) ...
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Nigerian Naira
The naira (sign: ₦; 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 government of the Federation of Nigeria in 1959, with the name of Queen Elizabeth II on the obverse. This also made Nigeria the last country in the world to abandon the £ ...
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Tayo Aderinokun
Olutayo Aderinokun (May 8, 1955 – June 14, 2011) was a Nigerian entrepreneur who until his death was the CEO of Guaranty Trust Bank. He was also a recipient of the Member of the Federal Republic, one of Nigeria's prestigious national awards. Early life and education Aderinokun's father was a technician who worked for the Nigerian Railway Corporation. He had his basic education at Baptist Day School, Kano, from 1961 to 1966. During the beginning of the Nigerian Civil War, his family relocated to Lagos where he attended Surulere Baptist School from 1966 to 1967, St. Peter's College, Abeokuta, from 1968 to 1972 and St. Gregory's Boys College, Lagos from 1973 to 1974. He proceeded to obtain a bachelor's degree in Business Administration from the University of Lagos, and much later, an MBA in International Business from the Graduate School of Management, University of California, Los Angeles in 1981. Career Tayo Aderinokun co-founded Guaranty Trust Bank Plc in 1990 alongside Fola A ...
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Fola Adeola
Tajudeen Afolabi Adeola is a Nigerian businessman and investor. He is the Founder of Guaranty Trust Bank (GTBank Plc.)., a member of the Commission for Africa, as well as founder and chairman of the FATE Foundation. Education Adeola completed his secondary school education at Methodist Boys High School, Lagos. He obtained a Diploma in Accounting from Yaba College of Technology in 1975 and became a Chartered Accountant in 1980 following his training with Deloitte, Haskins and Sells and D.O. Dafinone & Company (both Chartered Accountants). Over the years he has received professional development training at notable institutions worldwide including Harvard Business School, INSEAD, and the International Institute for Management Development in Switzerland. In 1999, he completed a one-year sabbatical at the National Institute for Policy and Strategic Studies in Kuru, Jos, Nigeria, where he carried out research on economic development and job creation policies. Private secto ...
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Guaranty Trust Bank
Guaranty Trust Holding Company PLC also known as GTCO PLC is a multinational financial services group, that offers retail and investment banking, pension management, asset management and payments services, headquartered in Victoria Island, Lagos, Nigeria. GTCO Plc was created in July 2021 following the corporate reorganization of Guaranty Trust Bank PLC (or GTBank) into a Holding Company GTCO Plc's reorganisation means it will now offer more services beyond banking; with a payments business being top of mind for the group. Under its old structure, it could not have run non-lending businesses because a 2010 regulation by the Central Bank of Nigeria (CBN) mandated banks to stop operating their non-banking subsidiaries. They either had to divest from non-core lending service or restructure as a holdings company. Its new businesses include payments, pension management, asset management, and its existing banking business. GTCO's banking subsidiary in Nigeria, Guaranty Trust Bank ...
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First City Monument Bank
First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos. FCMB Group Plc has nine subsidiaries divided among three business groups: commercial and retail banking, investment banking, and asset and wealth management. As of December 2020, the Group's total assets were valued at US $5 billion (NGN: 2 trillion). History The entity from which the bank was founded, City Securities Limited (CSL), was established in 1977 by Oloye Subomi Balogun, the Otunba Tunwashe of Ijebu, a Yoruba traditional aristocrat. First City Merchant Bank was established in 1982 with seed capital from CSL. It was incorporated as a private limited liability company on 20 April 1982 and granted a banking licence, banking license on 11 August 1983. It was the first bank to be established in Nigeria without government or foreign support. In 2001, the name of the bank was changed from First City Merchant Bank to First City Monument Bank Limited fo ...
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Chartered Institute Of Bankers
The London Institute of Banking & Finance is the oldest training and professional body for banking and financial services in England and Wales, and works internationally with partners to establish ethical and professional standards across the sector around the world. It provides training programs for students and has degree awarding powers as a registered educational charity, incorporated by royal charter. It also runs a number of initiatives in the financial education sector such as the Student Investor Challenge and Young Financial Journalist of the Year. History Established in 1879 as the Institute of Bankers, by bank workers who saw a need for professional standards and education in the industry, it had 2,000 members by the end of its first year. The first exams took place in 1880 and were opened to women in 1917 – a year before women were given the vote in the UK. The institute gained a royal charter in 1987 becoming the Chartered Institute of Bankers and in 1993 mer ...
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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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High Court Judge (England And Wales)
A Justice of the High Court, commonly known as a ‘High Court judge’, is a judge of the High Court of Justice of England and Wales, and represents the third highest level of judge in the courts of England and Wales. High Court judges are referred to as puisne (pronounced ''puny'') judges. High Court Judges wear red and black robes. High Court judges rank below Justices of Appeal, but above circuit judges. Title and form of address Upon appointment, male High Court judges are appointed Knights Bachelor and female judges made Dames Commander of the Order of the British Empire. In court, a High Court judge is referred to as ''My Lord'' or ''Your Lordship'' if male, or as ''My Lady'' or ''Your Ladyship'' if female. High Court judges use the title in office of ''Mr Justice'' for men or, normally, '' Mrs Justice'' for women, even if unmarried. When Alison Russell was appointed in 2014, she took the title "Ms Justice Russell". The style of ''The Honourable'' (or ''The Hon' ...
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University Of Wisconsin–Superior
The University of Wisconsin–Superior (UW–Superior or UWS) is a public liberal arts university in Superior, Wisconsin. UW–Superior grants associate, bachelor's, master's and specialist's degrees. The university enrolls 2,559 undergraduates and 364 graduate students. History Originally named Superior Normal School, the university was founded by Wisconsin legislators as a school to train teachers in 1893. Superior Normal School's first class graduated in 1897. In 1909, the institution became Wisconsin's first normal school to offer a full-scale training program for the new idea of kindergarten. It also was the first to offer a four-year program for high school teachers beginning in 1923. After authorization to grant bachelor's degrees in education in 1926, the school took on the new name of Superior State Teachers College. Graduate degrees were authorized in 1947 and first offered in 1950. In 1951 the state board of regents changed the institution's name to Wisconsin Sta ...
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Bachelor Of Science
A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University of London in 1860. In the United States, the Lawrence Scientific School first conferred the degree in 1851, followed by the University of Michigan in 1855. Nathaniel Southgate Shaler, who was Harvard's Dean of Sciences, wrote in a private letter that "the degree of Bachelor of Science came to be introduced into our system through the influence of Louis Agassiz, who had much to do in shaping the plans of this School." Whether Bachelor of Science or Bachelor of Arts degrees are awarded in particular subjects varies between universities. For example, an economics student may graduate as a Bachelor of Arts in one university but as a Bachelor of Science in another, and occasionally, both options are offered. Some universities follow the Oxfor ...
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