Tunde Lemo
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Tunde Lemo
Tunde Lemo or Tunde O. Lemo Bloomberg : Executive Profile and background of Tunde O. Lem/ref> (born 1959) is a Nigerian banker and former deputy governor of operations and director of the Central Bank of Nigeria. As of 2018, he serves as chairman of the Federal Roads Maintenance Agency (FERMA). Daily Post (Nigeria) : ''Buhari appoints Tunde Lemo as FERMA chairman'', by Senater Imenger, Published on 19 July 201/ref>''8 Things You Probably Didn’t Know About The New FERMA Chairman, Tunde Lemo'' by Anuoluwapo Adeseun nNigerian Monito Early life and education Lemo was born in 1959, and is a native of Ogun, Ogun State. His mother, Eunice Olufolake Lemo (11 November 1932 — 9 May 2018), was a school teacher. Lemo attended the University of Nigeria Nsukka, where he graduated with First Class Honours in Accounting in 1984, and in 1997, became a Fellow of the Institute of Chartered Accountants of Nigeria. He is also a Fellow of the Chartered Institute of Bankers. Career He started is ...
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Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service c ...
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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 ...
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Daily Post (Nigeria)
''Daily Post'' is a Nigerian newspaper published by Daily Post Media Ltd., based in Lagos Lagos (Nigerian English: ; ) is the largest city in Nigeria and the List of cities in Africa by population, second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national ca .... It reports on local and national news, politics, metro, business, entertainment, sports and opinions. In March 2015, the newspaper debuted the free distribution of its print version across Nigeria. Awards and nominations ''Daily Post Nigeria'' won the "Custodian of the Nigerian Dream" Award in 2016. References External links * Newspapers published in Lagos Publications established in 2011 2011 establishments in Nigeria Newspapers published in Abuja Daily newspapers published in Nigeria {{Nigeria-newspaper-stub ...
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Ogun
Ogun or Ogoun (Yoruba: Ògún, Portuguese: Ogum, Gu; also spelled Oggun or Ogou; known as Ogún or Ogum in Latin America) is a spirit that appears in several African religions. He attempted to seize the throne after the demise of Obatala, who reigned twice, before and after Oduduwa, but was ousted by Obamakin (Obalufon Ogbogbodirin) and sent on an exile - an event that serves as the core of the Olojo Festival. Ogun was a warrior and a powerful spirit of metal work, as well as of rum and rum-making. He is also known as the "god of iron" and is present in Yoruba religion, Haitian Vodou, and West African Vodun. Yoruba religion In Yoruba religion, Ogun is a primordial orisha in Yoruba Land. In some traditions, he is said to have cleared a path for the other orisha to enter Earth, using a metal axe and with the assistance of a dog. To commemorate this, one of his praise names, or ''oriki'', is ''Osin Imole'' or the "first of the primordial Orisha to come to Earth". He is the god of ...
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University Of Nigeria, Nsukka
The University of Nigeria, commonly referred to as UNN, is a federal university located in Nsukka, Enugu State, Eastern part of Nigeria. Founded by Nnamdi Azikiwe in 1955 and formally opened on 7 October 1960, the University of Nigeria has three campuses in Enugu State– Nsukka, Enugu, and Ituku-Ozalla – and the Aba campus in Abia State. The University of Nigeria is the first full-fledged indigenous and first autonomous university in Nigeria, modelled upon the American educational system. It was the first land-grant university in Africa and one of the five most reputed universities in Nigeria. The university has 15 Faculties and 102 academic departments. The university offers 108 undergraduate programs and 211 postgraduate programmes. The university celebrated its 50th anniversary in October 2010, and would have celebrated its 60th anniversary in October, 2020 save for the COVID-19 pandemic. History A law to establish a university in the Eastern Region of Nigeria was pas ...
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Institute Of Chartered Accountants Of Nigeria
The Institute of Chartered Accountants of Nigeria (ICAN) is a professional accountancy body in Nigeria. It is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Association of National Accountants of Nigeria (ANAN). The relationship between the two organizations has been tense. In 2007 ICAN attempted to have a bill declaring ANAN void. Formation and growth The Association of Accountants of Nigeria (AAN) was formed in 1960 with the goal of training accountants, and was established in part by Akintola Williams. ICAN was created by an Act of Parliament No. 15 on 1 September 1965 from existing accounting and auditing organisations including the AAN, and is headquartered in Lagos. As of 2020, ICAN has over 50,000 members. Standards and authority ICAN has based its practices on those of British chartered accountancy institutes. Nigeria adopted international accounting standards with little modification. It is a member of the ...
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Chartered Institute Of Bankers Of Nigeria
The Chartered Institute of Bankers of Nigeria (CIBN) is the umbrella professional body for bankers in Nigeria. The CIBN was incorporated in 1976 as the Nigerian Institute of Bankers. It was chartered in 1990, and is now covered by the CIBN Act 5 of 2007. The Institute is authorized to control entry into the banking profession, to set standards for bankers and to maintain professional ethics through sanctions of erring members. Corporate members include the Central Bank of Nigeria, the Nigeria Deposit Insurance Corporation and all Deposit Money Banks, Development Banks, Mortgage Banks, Micro Finance Banks and Discount Houses in Nigeria. History The Chartered Institute of Bankers of Nigeria was established in 1963 as the Lagos Local Centre, Institute of Bankers, London. It was in incorporated in 1976 as the Nigerian Institute of Bankers, a company Limited by Guarantee. The Institute attained Chartered status and became The Chartered Institute Of Bankers of Nigeria through Act 12 o ...
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Wema Bank
Wema Bank Plc, commonly known as ALAT By Wema, Wema Bank, is a Nigerian commercial bank. It is licensed by the Central Bank of Nigeria; the regulator of the nation's banking sector. As of 2019, Wema bank operates the largest digital banking system in Nigeria, ALAT By Wema, which is fully in use in all of the nation's thirty seven states and territory. History The bank was established on May 2, 1945, as a private limited liability company (under the old name of Agbonmagbe Bank Limited). The bank was founded on May 2, 1945 as Agbonmagbe Bank by the Late Chief Mathew Adekoya Okupe. He set up the first branches of the bank which were in Ebute-metta, Sagamu, Abeokuta and Ijebu-Igbo. The bank remained his until it was taken over by Western Nigeria Marketing Board and later renamed Wema Bank Limited in 1969. Since then, ALAT By Wema, Wema Bank has gone on to be Nigeria's longest surviving indigenous bank. It was granted a commercial banking license and commenced banking activities durin ...
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Abuja Securities And Commodities Exchange
The Nigeria Commodities Exchange (NCX) is (besides the Nigerian Stock Exchange) one of two principal stock exchanges in Nigeria. It is located in Abuja, the country's capital, and it was founded in 1998. History The NCX is primarily involved with the trading of commodities such as maize, sorghum and millet, as opposed to trading in securities such as bonds and company stock. The Nigeria Commodity Exchange has concluded plans to set up a market information system for 12 commodity markets in the country. The Managing Director, NCX, Mrs. Zaheera Babaari said that within the next few months, the market information systems for the 12 major markets would be replicated in the 36 states and this would enable people get information about commodities prices as well as production of agricultural produce. See also *Economy of Nigeria The Economy of Nigeria is a middle-income, mixed economy and emerging market with expanding manufacturing, financial, service, communications, technology ...
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Africa Finance Corporation
Africa Finance Corporation (AFC) is a pan-African Multilateral Development Financial Institution established in 2007 by sovereign African states to provide pragmatic solutions to Africa's infrastructure deficit and challenging operating environment. The Corporation bridges the infrastructure investment gap through the provision of debt and equity finance, project development, technical and financial advisory services. AFC's investment remit is pan- African, focusing on investment across makes investments across five key sectors; Power, Transport and Logistics, Natural Resources, Telecommunications and Heavy industries. AFC is majority owned by private investors the bulk of which are African financial institutions, Private investors own 55.3% of the corporation. A further 44.7% is owned by the Central Bank of Nigeria. In addition to private investors owning shares, AFC’s allows African states (through their respective central banks, sovereign wealth funds, state pension fu ...
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President Of Nigeria
The president of the Federal Republic of Nigeria is the head of state and head of government of the Federal Republic of Nigeria. The president directs the executive branch of the federal government and is the commander-in-chief of the Nigerian Armed Forces. The offices, powers, and titles of the head of state and the head of government were officially merged into the office of the presidency under the 1979 Constitution of Nigeria. Executive power is vested in the president. The power includes the execution and enforcement of federal law and the responsibility to appoint federal executive, diplomatic, regulatory, and judicial officers. Based on constitutional provisions empowering the president to appoint and receive ambassadors and conclude treaties with foreign powers, and on subsequent laws enacted by the House, the presidency has primary responsibility for conducting foreign policy. The president also plays a leading role in federal legislation and domestic policymaki ...
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Muhammadu Buhari
Muhammadu Buhari (born 17 December 1942) is a Nigerian politician and current president of Nigeria since 2015. Buhari is a retired Nigerian Army major general who served as the country's military head of state from 31 December 1983 to 27 August 1985, after taking power in a military coup d'état. The term Buharism is ascribed to the authoritarian policies of his military regime. Buhari ran for president of Nigeria in 2003, 2007, and 2011. In December 2014, he emerged as the presidential candidate of the All Progressives Congress party for the 2015 general election. Buhari won the election, defeating incumbent President Goodluck Ebele Jonathan. This was the first time in the history of Nigeria that an incumbent president lost a general election. He was sworn in on 29 May 2015. In February 2019, Buhari was re-elected, defeating his closest rival, former Vice President Atiku Abubakar, by over 3 million votes. Early life Buhari was born to a Fulani family on 17 December ...
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