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Nairaland Forum / Nairaland / General / Business / Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria (1748 Views)
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Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by Palmtvng: 4:40am On Apr 29, 2020 |
Late Chief Mathew Adekoya Okupe Agbonmagbe after several years of operating as a government certified money lender and because of increasing pressures from clients to expand the reach and scope of the flourishing business, obtained a banking licence under the name of AGBONMAGBE BANK in May 1945. It was the first indigenous Bank in Nigeria. The bank had 7 branches: Ebute metta, Mushin,Ifo, Sagamu, Ago-iwoye, Ijebu- igbo and Zaria. Most of its customers were high net worth Traders and forwarding agents of food and animals between the north and Lagos, Kolanuts traders Timber merchants and exporters. . It became Wema Bank through acquisition by Wema Board in 1969. In 1987 the bank transformed to WEMA BANK PLC as it is known till date. . The only and longest surviving indigenous Bank in Nigeria. Chief M.A. Okupe died on November 1 1984 at the age of 86 years. He had 10 wives and 40 children. See more beautiful photos of this man https://www.praizenews.com/meet-late-chief-mathew-adekoya-founder-of-first-indigenous-bank-in-nigeria/ .
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Re: Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by Corporate2020: 4:41am On Apr 29, 2020 |
Omo Oduduwa. No chest beating, just setting records silently. But what was he doing with 10 wives? Was he the only one that had a working dicck then? 1 Like |
Re: Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by chinjo(m): 4:49am On Apr 29, 2020 |
This is very inspiring. 1 Like |
Re: Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by Formularcr7: 4:55am On Apr 29, 2020 |
Yoruba Amaka 1 Like 1 Share |
Re: Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by Nobody: 5:11am On Apr 29, 2020 |
Ok o. We should meet a dead person. 1 Like |
Re: Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by Tobinrobin(m): 5:28am On Apr 29, 2020 |
10 wives? Mad oh... |
Re: Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by skyhadi16(m): 5:55am On Apr 29, 2020 |
Thanks, short and straight to the point write up. |
Re: Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by tillaman(m): 6:02am On Apr 29, 2020 |
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Re: Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by Mrop(m): 9:23am On Apr 29, 2020 |
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Re: Meet Late Chief Mathew Adekoya Founder Of First Indigenous Bank In Nigeria by Investmentfreak: 11:29pm On Apr 29, 2020 |
May their souls Rest In Peace |
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