Nigeria: What to Make of the CBN's Benchmark Rate Hike

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Nigeria: What to Make of the CBN's Benchmark Rate Hike

[Premium Times] Banks, then, would be the first point of reforms to monetary policy. And here, the immediate deliverable is an easy one.

Source: allAfrica.com

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In 1972, Kaunda outlawed all opposition political parties. The world copper market collapsed in 1975. The Zambian economy was devastated—it had been the third-largest miner of copper in the world after the United States and Soviet Union. With a soaring debt and inflation rate in 1991, riots took

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Source: Fact Monster - Black History

Nigeria proclaimed independent

Nigeria proclaimed independent.

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Source: Blackfacts.com

Oct

1

1960

Amo, Anton Wilhelm (1703? -1753)

Anton Wilhelm Amo, also known as Antonius Guilielmus Amo Afer ab Aximo in Guinea, was the first intellectual of African ancestry to study in Germany. He obtained a doctorate degree in philosophy and held lectures at the universities of Halle and Jena. Having spent forty years of his life in

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Source: Black Past

U.S. Department of State Background Note

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Source: Fact Monster - Black History

Carson, Johnnie (1943- )

Johnnie Carson is a retired diplomat who served as United States Ambassador to Uganda (1991-1994), U.S. Ambassador to Zimbabwe (1995-1997), and U.S. Ambassador to Kenya (1999-2003). Carson was born on April 7, 1943 in Chicago, Illinois. After attending public schools in Chicago, Carson received

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Source: Black Past

May

7

2009

Keith, Kenton Wesley (1939- )

On May 26, 1992, career diplomat Kenton Wesley Keith was nominated by President George H.W. Bush to serve as U.S. ambassador to Qatar. After U.S. Senate confirmation, Keith arrived in Ad-Dawhah (Doha), the capital of Qatar and presented his credentials on September 2, 1992. He served until July

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Source: Black Past

Pugh, Mary E. (1959- )

Mary E. Pugh, founder of Pugh Capital Management, a successful investment firm in Seattle, was the first black woman and youngest person to be named Senior Vice President at Washington Mutual Savings Bank. Born to a Boeing engineer father and real estate agent mother, Pugh’s family lived

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Source: Black Past

National name: Republika yu Burundi

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Source: Fact Monster - Black History

Segars, Joseph Monroe (1938–2014)

Ambassador Joseph Monroe Segars was born in Hartsville, South Carolina on November 6, 1938. He remained with his aunt and uncle in South Carolina while his parents moved to Philadelphia, Pennsylvania during the Great Migration to the North in search for better job opportunities. Upon graduating

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Source: Black Past

Goode, Malvin Russell (1908–1995)

Malvin Russell Goode was the first African American news correspondent for a major television network. Goode was born on February 13, 1908, in White Plains, Virginia, but his family moved to Homestead, Pennsylvania, near Pittsburgh, when he was very young. Goode, the third of four boys and two

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Source: Black Past

Sep

26

1936

Merriwether, Raymond (1924–2011)

Raymond (Ray) Merriwether, prominent Seattle, Washington African American architect, real estate developer, and newspaper owner, was born in Taylor, Texas on June 19, 1924 to Colie and Annie Merriwether. After graduating from high school Merriwether attended barber school and served a short time

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Source: Black Past

May

23

2011

Withers, John Lovelle, II (1948- )

In 2007, Ambassador John L. Withers II, a second generation diplomat, was appointed by President George H.W. Bush to serve as ambassador to Albania. Withers was born in 1948 in Guilford, North Carolina, to John L. Withers, Sr. and Daisy P. Withers. His father had briefly worked as a political

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Source: Black Past

The People's Savings Bank is incorporated in Philadelphia by former African Amer

The Peoples Savings Bank is incorporated in Philadelphia by former African American congressman George H. White of North Carolina. The bank will help hundreds of African Americans buy homes and start businesses until the illness of its founder forces its closure in 1918.

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Source: Blackfacts.com

Sep

26

1907

Adams, Samuel Clifford, Jr. (1920-2001)

Samuel Clifford Adams, Jr., U.S. Ambassador to Niger was born in Waco, Texas on August 15, 1920, to Samuel Clifford Adams and Sarah Catherine (née Roberts) Adams. He grew up in the Fourth Ward section of

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Source: Black Past

Parker, Maurice S. (1949- )

Ambassador Maurice S. Parker is a career Senior Foreign Service Officer with the rank of Minister-Counselor at the U.S. Department of State. On April 30, 2007 Parker was nominated by President George W. Bush to serve as the U.S. ambassador to Swaziland. After U.S. Senate confirmation, Parker

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Source: Black Past

McGee, James D. (1949- )

Ambassador James David McGee, a career member of the Senior Foreign Service in the class of Minister Counselor, spent the majority of his 30-year Foreign Service career overseas working in support of U.S. Government policy. Most of his work included political-military affairs, crisis

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Source: Black Past

Benin, Bight of

Benin, Bight of, northern arm of the Gulf of Guinea, c.550 mi (885 km) wide, W Africa, between Cape Three Points, S Ghana, and the Niger River delta, SW Nigeria. The bight was an important area for slave trading between the 16th and 19th cent. After the 19th cent. palm oil trading became fo

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Source: Fact Monster - Black History

Bean, Maurice Darrow (1928-2009)

In 1977, career diplomat Maurice D. Bean was nominated by President Jimmy Carter to serve as U.S. Ambassador to Burma (in 1989 the military government changed the name of the country to Myanmar). Bean was born on September 9, 1928, in Gary, Indiana. His father Everett worked as a laborer for the

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Source: Black Past

Nov

30

2009

U.S. Department of State Background Note

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Source: Fact Monster - Black History

The Church of St. Mark, Brooklyn, New York (1838- )

The Church of St. Mark in Brooklyn, New York was originally established by a group of black Episcopalians in 1838. The next year, Dr. Samuel M. Haskins was asked to be rector (pastor), the role he would maintain for 60 years. By April 1841 the congregation completed a Gothic style edifice in

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Source: Black Past

Fort Pillow Massacre (1864)

On April 12, 1864, some 3,000 rebels under the command of Nathan Bedford Forrest overran Fort Pillow, a former Confederate stronghold situated on a bluff on the Tennessee bank of the Mississippi, some 40 miles north of Memphis. The garrison consisted of about 600 Union soldiers, roughly evenly

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Source: Black Past

Apr

12

1864

Nicodemus, Kansas (1877- )

Nicodemus, Kansas was founded in 1877 at the end of the Reconstruction Period. It soon became one of the most famous mostly black communities in the country formed by freedpeople migrating west. Nicodemus is located on the plains in the northwest corner of the state along the Solomon River in

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Source: Black Past

James, Makila (1957- )

Makila James is currently serving as the U.S. Ambassador to Swaziland. James was nominated by President Barack Obama early in 2012. Following confirmation by the U.S. Senate on July 31, 2012, James arrived in Mbabane, the capital of Swaziland and presented her credentials to the King of Swaziland

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Source: Black Past

Richardson, Laura (1962- )

Born in Los Angeles on April 14, 1962, to a black father and white mother, Laura Richardson is currently congresswoman for the 37th congressional district, serving her first term. Her mother, Maryann Richardson, who was a member of the Teamsters labor union, raised Richardson by

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Source: Black Past

Apr

14

1962

African Americans in Medicine in the Civil War Era

Most Americans are now familiar with the contribution of nearly 300,000 black soldiers and sailors to the Union cause during the U.S. Civil War. Less well known is the role of a dedicated group of black doctors and nurses in uniform who worked diligently to save lives and fight disease. In

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Source: Black Past

On Jan. 7, 2014, President Jonathan, signed the Same Sex Marriage Prohibition Act into law. While homosexual sex has been illegal in Nigeria for generations, the law was only haphazardly enforced. The new legislation has far greater reach; calling for 10 to 14-year prison sentences for offenders

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Source: Fact Monster - Black History

Current government officials

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Source: Fact Monster - Black History

This West African country with the Atlantic as its western border is also bounded by Equatorial Guinea, Cameroon, and the Congo. Its area is slightly less than Colorados. Most of the country is covered by a dense tropical

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Source: Fact Monster - Black History

Trinidad and tobago

Current government officials

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Source: Fact Monster - Black History

Awolowo, Obafemi (1909-1985)

Nigerian nationalist, politician, lawyer, statesman, and chancellor, Chief Jeremiah Obafemi Awolowo was born on March 6, 1909 in Ogun State, Nigeria, where he commenced his political

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Source: Black Past

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