Portal:Lagos

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Lagos Island

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Lagos /ˈlɡɒs/ (Yoruba: Èkó) is a conurbation in the Nigerian state of Lagos. Often regarded as a city, it is the largest city in Nigeria and the African continent. Lagos is one of the fastest growing cities in the world and also one of the most populous urban agglomerations in the world. Lagos is a major financial centre in Africa; the mega city has the highest GDP, and also houses one of the largest and busiest ports on the continent.

Lagos initially emerged as a port city which originated on a collection of islands, which are contained in the present day LGAs of Lagos Island, Eti-Osa, Amuwo-Odofin and Apapa; the islands are separated by creeks, fringing the southwest mouth of Lagos Lagoon, while protected from the Atlantic Ocean by barrier islands and long sand spits such as Bar Beach, which stretch up to Lua error in Module:Convert at line 1851: attempt to index local 'en_value' (a nil value). east and west of the mouth. Due to rapid urbanization, the city expanded to the west of the lagoon to include areas in the present day Lagos Mainland, Ajeromi-Ifelodun, and Surulere. This led to the classification of Lagos into two main areas - the Island, which was the initial city of Lagos, before it expanded into the area known as the Mainland. This city area was governed directly by the Federal Government through the Lagos City Council, until the creation of Lagos State in 1967, which led to the splitting of Lagos city into the present day seven Local Government Areas(LGAs), and an addition of other towns (which now make up 13 LGAs) from the then Western Region, to form the state.

Lagos which was the capital of Nigeria since its amalgamation in 1914, went on to become the capital of Lagos State, after its creation. However, the state capital was later moved to Ikeja in 1976, while the federal capital also moved to Abuja in 1991. Even though Lagos is still widely referred to as a city, the present day Lagos, also known as "Metropolitan Lagos", and officially as "Lagos Metropolitan Area" is an urban agglomeration or conurbation, which consists of 16 out of Lagos State's 20 LGAs, including Ikeja, the state capital. This conurbation makes up 37% of Lagos State's total land area, but houses about 85% of the state's total population.

The exact population of Metropolitan Lagos is disputed; however, the National Bureau of Statistics in 2015 estimates the population of the area at approximately 21 million.

History

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Aerial view of Lagos in 1929

Lagos was originally inhabited by the Awori subgroup of the Yoruba people in the 15th century, who called it "Oko". Under the leadership of the Oloye Olofin, the Awori moved to an island now called Iddo and then to the larger Lagos Island. In the 16th century, the Awori settlement was conquered by the Benin Empire and the island became a Benin war-camp called "Eko" under Oba Orhogba, the Oba of Benin at the time. The Yoruba still use the name Eko to refer to Lagos. Lagos, which means "lakes", was a name given to the settlement by the Portuguese. The present-day Lagos state has a high percentage of Awori, who migrated to the area from Isheri along the Ogun river. Throughout history, it was home to a number of warring ethnic groups who had settled in the area. Following its early settlement by the Awori nobility, and its conquest by the Bini warlords of Benin, the state first came to the attention of the Portuguese in the 15th century.

Portuguese explorer Rui de Sequeira visited the area in 1472, naming the area around the city Lago de Curamo; indeed the present name is Portuguese for "lakes". Another explanation is that Lagos was named for Lagos, Portugal—a maritime town which, at the time, was the main centre of Portuguese expeditions down the African coast, and whose own name is derived from the Latin word Lacobriga.

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First Bank of Nigeria
Public
Industry Finance
Founded 1894 (as Bank of British West Africa)
1979 (Renamed FirstBank of Nigeria)
Headquarters Lagos, Nigeria
Key people
Prince Ajibola Afonja
Chairman
Stephen Olabisi Onasanya
Group Managing Director
Products Financial Services
Revenue IncreasePretax:542.5 million (NGN:86.2 billion) (2012)
Total assets US$20.052 billion (NGN:3.186 trillion) (2012)
Website Homepage

First Bank of Nigeria, sometimes referred to as FirstBank, is a Nigerian bank and financial services company. It is the country's largest bank by assets.

Overview

As of June 2013, the bank had assets totaling approximately US$21.3 billion (NGN:3.336 trillion). The bank's profit before tax, for the twelve months ending 31 December 2012 was approximately US$542.5 million (NGN:86.2 billion). At that time, the bank maintained a customer base in excess of 8.5 million individuals and businesses. First Bank of Nigeria has solid short and long term ratings from Fitch, the Global Credit Rating Company, partly due to its low exposure to non-performing loans. The bank has strong compliance with financial laws and maintains a strong rating from the Economic and Financial Crimes Commission of Nigeria.

Subsidiaries

The subsidiaries of First Bank of Nigeria include the following:

FBN Holdings

Due to changes in Nigerian banking laws, following the Great Recession of 2007-2009, FBN re-organized itself into four business groups under a holding company called FBN Holdings Plc., also referred to as FBN Holdings. Bello Maccido, who was executive director (retail, north), was nominated to be the CEO of the new parent company. The shares of the holding company are listed on the Nigerian Stock Exchange. FBN Holdings Plc is the parent company of all companies in the FirstBank Group. The four business groups of FBN Holdings Plc. are:

  1. Commercial Banking – includes First Bank of Nigeria and all its commercial banking subsidiaries listed in the previous section.
  2. Investment Banking and Asset Management – includes FBN Capital Limited, FBN Securities Limited, First Funds Limited and First Trustees Nigeria Limited.
  3. Insurance – includes FBN Life Assurance Limited and FBN Insurance Brokers Limited.
  4. Other Financial Services – consists of FBN Microfinance Bank Limited.

History

Pre-independence

The Bank traces its history back to 1894 and the Bank of British West Africa. The bank originally served the British shipping and trading agencies in Nigeria. The founder, Alfred Lewis Jones, was a shipping magnate who originally had a monopoly on importing silver currency into west Africa through his Elder Dempster shipping company. According to its founder, without a bank, economies were reduced to using barter and a wide variety of mediums of exchange, leading to unsound practices. A bank could provide a secure home for deposits and also a uniform medium of exchange. The bank primarily financed foreign trade, but did little lending to indigenous Nigerians, who had little to offer as collateral for loans.


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Lagos Marina.
Lagos Marina


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Lagos Island.jpg

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Lagos Island.jpg You are invited to participate in WikiProject Lagos, a WikiProject dedicated to developing and improving articles about Lagos.

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Obafemi Martins
Martins Llevant.jpg
Martins playing for Levante in 2012
Personal information
Full name Obafemi Akinwunmi Martins
Date of birth (1984-10-28) 28 October 1984 (age 39)
Place of birth Lagos, Nigeria
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Position(s) Forward
Team information
Current team
Seattle Sounders FC
Number 9
Youth career
1999–2000 Ebedei
2000–2001 Reggiana
2001–2002 Internazionale
Senior career*
Years Team Apps (Gls)
2000–2001 Reggiana 2 (0)
2001–2006 Internazionale 88 (28)
2006–2009 Newcastle United 88 (28)
2009–2010 VfL Wolfsburg 16 (6)
2010–2012 Rubin Kazan 20 (3)
2011 Birmingham City (loan) 4 (0)
2012–2013 Levante 21 (7)
2013– Seattle Sounders FC 62 (32)
International career
2004– Nigeria 39 (18)
*Club domestic league appearances and goals, correct as of 14 June 2015
‡ National team caps and goals, correct as of 23 March 2013

Obafemi Akinwunmi Martins (born 28 October 1984) is a Nigerian footballer who plays as a forward for Seattle Sounders FC and the Nigeria national team. He is known for his speed on the ball. After leaving Nigeria for Italy at age 16, he has since played for a number of top-division clubs around Europe. He began his senior career in 2002 at the Italian Serie A club Inter Milan, before moving to the English Premier League club Newcastle in 2006, and then the German Bundesliga club VfL Wolfsburg in 2009. Having joined Russian Premier League side Rubin Kazan in July 2010, they loaned him to Birmingham City in January 2011.

In club football, Martins has won the Italian Serie A title, the Italian Cup (twice), and the Super Cup, all with Inter. With Birmingham he scored the winning goal in the 2011 Football League Cup Final. He has played European football with Inter, Newcastle and Wolfsburg, winning the UEFA Intertoto Cup with Newcastle. His highest scoring league seasons so far have seen him score 11 goals in the 2004–05 Serie A, and 17 2006–07 English Premier League. In international football, Martins has been in the Nigerian squad for the Africa Cup of Nations in 2006, 2008 and 2010, and for the FIFA World Cup in 2010.

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  • ... that there's a floating fishing community in Lagos called Makoko?
  • ...Lagos means Lakes in Portuguese? The city acquired this name when the first European explorer, Rui De Sequeira visited the area in 1472.

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