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The term banking model of education was first used by Paulo Freire in his highly influential book Pedagogy of the Oppressed. [1] [2] Freire describes this form of education as "fundamentally narrative (in) character" [3]: 57 with the teacher as the subject (that is, the active participant) and the students as passive objects.
The banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. [1] The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959. [2]
In a bid to improve female education in girls, the UNICEF initiated some projects in Nigeria. one of them is The Girls’ Education Project initiated through a Memorandum of Understanding signed in December 2004 between the United Nations Children's Fund and the United Kingdom Department for International Development. [80]
Community banking is a form of empowerment-based economics which falls under the larger umbrella of micro-finance.Micro-finance as a whole is focused on the entrepreneurship of individuals, generally with a goal of lifting low-income or disadvantaged groups out of poverty and providing the means for them to prosper. [3]
Education is the transmission of knowledge, skills, and character traits and manifests in various forms. Formal education occurs within a structured institutional ...
1971: Ahmadu Bello University became the first established educational institution to start a banking education programming leading to the award of Diploma in Banking, which served as prelude to AIB (Now ACIB). 1972: University of Lagos followed with a Degree programme in Finance. August 18, 1973: Nigerian Institute of Bankers was established. [6]
Born as the third child of seven children in Ibadan, the capital of Oyo State, Ibukun completed her primary and secondary school education at St. Paul's African Church Primary School, Lagos and Methodist Girls' High School, Yaba respectively before she proceeded to the University of Ife (now Obafemi Awolowo University) where she graduated with a BSc in Chemistry although she had initially ...
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. [3] 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 ...