Category: Finance – Money


  • Ladi Kwali

    Hadiza Ladi Kwali born in c.1925, was a Nigerian potter, the best known one in her time whose work won international acclaim for its ingenuity and beauty. Ladi Kwali was a native of Kwali village in the Gwari region of Northern Nigeria. Growing up in a community where pottery was a common craft for the…

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  • OGWUMA, Paul Agbai; Economist, Chartered Accountant, administrator and Governor of Central Bank of Nigeria, CBN between 1995 and 1999. He is a recipient of the national honour of the order of the Federal Republic, OFR. Born in Isiala Ngwa, Abia State in April 24, 1932, Ogwuma was at various times, Managing Director/Chief Executive Officer of…

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  • Diepreye Alamieyeseigha; Bayelsa State Governor, 1999-2005, a proponent of resource control and the sovereignty for Ijaw nation other than Nigeria. DSP styled himself the “governor-general” of the Ijaw nation due to his influence among the ethnicity from Ondo to Cross Rivers. Following his celebrated corruption case, he was impeached by the state House of Assembly…

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  • Adigwe Sebastian; Banker, also a member of the Steering Committee of the Business Support Group, BSG for the Federal Government’s Vision 2020, and member, Technical Working Group of Delta State for Vision 2020. Adigwe stood trial alongside others over alleged abuse of office, banking malpractices and money laundering to the tune of N55 billion[i]. While…

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  • Remi Olowude; Nigerian Insurance expert, fought consistently at the fore-front of the crusade to eliminate all forms of monopoly in the insurance industry. In 1992, he formed an insurance company which was the leader of a group of second-generation insurance Firms in the country, which in the spirit of the deregulation of Nigeria’s financial system…

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  • Elizabeth Ebi; First lady-broker of the Nigerian Stock Exchange. Between 1979 and 1981, she was the director of Owners Operation at FCH Services Inc., Washington where she managed a portfolio in excess of $250 million. Later, in 1981, she joined Chase Merchant Bank, later known as Continental Merchant Bank, CMB, as Analyst-Deputy Manager, Corporate Finance,…

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  • Hamzat Adisa Subair was an accountant, co-founder, and first CEO of Nigeria’s first indigenous bank, the National Bank of Nigeria Ltd. Born in Olowogbowo district of Lagos Island. Subair was educated at Kings’ College in Lagos before proceeding to the United Kingdom in 1919 for a course in Commerce and Accountancy. Thereafter, he obtained a…

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  • Money history in Nigeria predates the colonial era and most of the forms of money met the modern criteria for ‘legal tender’, namely scarcity, intrinsic value, and portability. They came in the form of the Manilla, cowry shells, metal pieces and coins, cloth money, and salt cones. They were in different forms/currencies and could be…

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  • Remi Babalola is a banker and politician from Ibadan. Remi was born in 1964 into a polygamous family with little means, where education wasn’t much of a priority. His value for education apparently developed from his mother’s drive in funding even her female children’s education up till the tertiary level. Remi studied at the Lagos…

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  • Capitalism, according to Investopedia, is a system of economics based on the private ownership of capital and production inputs, and on the production of goods and services for profit. This Adam Smith’s doctrine, Aynrand adds, is a social system based on the recognition of individual rights, including property rights. Nigeria was incorporated into the free…

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