Origin of Nigeria Banking System

Origin of Nigeria Banking System 

          Orjakor (1999, 132 –135) holds that the organ of the Nigerian Banking system dates back to the colonial period. The activities of the extra territorial merchants in the former West African colonies and the establishment of settle territorial government created need. For locally based financial institutions in 1894, the banks for British West African was established in Lagos mainly to facilitates commerce between Nigerians and their British counterparts in business.  [Read more…]

The Merger and Acquisition of Nigerian Banks From 2007 Till Date

The Merger and Acquisition of Nigerian Banks From 2007 Till Date

Merger and Acquisition of Nigerian Banks – Merger according to Oxford Advanced Learner’s Dictionary 7th ed. Is the act of joining two or more organizations or businesses into one. While acquisition is something that somebody buys to add to what they already own, usually something valuable. [Read more…]