First Bank Crisis: Why Elephants Don’t Do Breakdance, By Tope Fasua
Founded by the proprietor of Elder Dempster Agencies, Alfred Lewis Jones in 1894, the British Bank of West Africa was meant to facilitate the importation of silver currency into the region, where Jones held a monopoly. The bank therefore had a clear historical and business advantage from the beginning, with the imprimatur of the British […]
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