To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
Show all languages
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.

From Wikipedia, the free encyclopedia

Ola Vincent
Governor of the Central Bank of Nigeria
In office
28 June 1977 – 28 June 1982
Preceded byAdamu Ciroma
Succeeded byAbdulkadir Ahmed
Personal details
Born(1925-05-16)16 May 1925
Lagos, Nigeria
Died3 September 2012(2012-09-03) (aged 87)
Victoria Island, Lagos, Nigeria
Alma materCMS Grammar School
University of Manchester

Olatunde Olabode Vincent (16 May 1925 – 3 September 2012) was a Nigerian economist and banker who was Governor of the Central Bank of Nigeria between 1977 and 1982.[1]

Birth and education

Vincent was born on 16 May 1925 in Lagos. He attended CMS Grammar School, Lagos (1936–1939). He served in the Nigerian Armed Forces between 1942 and 1946, and then worked in the Financial Secretary's Office, Lagos between 1946 and 1956. In 1951 he attended the Administrative Staff College in England, and from 1953 to 1956 he studied at the University of Manchester. From 1957 to 1960 he was a part-time lecturer in Economics at the University of Ibadan.[2]

Banking career

Vincent was Senior Assistant Secretary in the Nigerian Ministry of Finance (1959–1961) and then moved to the Central Bank of Nigeria (CBN) as an Assistant general manager, becoming a general manager at the CBN from 1963 to 1966. He was a Director at the Nigerian Industrial Development Bank (1964–1966).[2] Vincent was appointed a Vice-President at the African Development Bank, Abidjan, Côte d'Ivoire (1966–1973).[3] He returned to the CBN in 1973 as an Adviser, becoming Deputy Governor in 1975 and Governor from 1977 to 1982. Vincent was named a Commander of the Federal Republic (CFR) in 1982.[2]

Later career

Following Vincent's retirement from the CBN, in 1983 he recommended establishment of the Nigeria Deposit Insurance Corporation (NDIC), which occurred in June 1988. The NDIC provides a safety net for depositors in the newly liberalised banking sector.[4]

Vincent chaired a seminar on Ethics and Professionalism in the Nigerian Banking Industry in August 1992. In his opening remarks, he observed that banks had a pivotal role in the cash and credit economy of Nigeria, making them vulnerable to suspicion. He acknowledged that greed was a factor in causing the high incidence of fraud and other abuses in the industry.[5] Speaking in April 2003, Vincent criticised the "severely flawed unitarist constitution" that the former military regime had introduced in 1999, and called for changes to "arrest the cancerous growth of corruption and corrupt practices."[6]

He was a director of the Industrial and General Insurance (IGI) in 2008, when he received a prestigious lifetime achievement award.[7] He is a life member of the Nigerian Economic Society and the Society for International Development.[3] In May 2009, he was living in retirement in his home on Victoria Island, Lagos with Adenike, his wife for 50 years.[8] In an interview in September 2009, Vincent was critical of the action of the recently appointed governor of the CBN, Sanusi Lamido Sanusi, who had dismissed the chief executives of five bailed-out banks. He said the executives should have been given a fair hearing, and felt that the hasty action which involved the Economic and Financial Crimes Commission may have undermined trust in the banking system.[9]


Ola Vincent died on Monday, 3 September 2012 in a hospital. He was 87 years old.[10]


  • S. Ade Ojo, Ola Vincent (2000). Education, unity and development in Nigeria. Central Educational Service.
  • Ola Vincent (2002). Fiscal federalism: the Nigerian experience. Nigerian Economic Society. ISBN 978-2984-25-6.
  • Ola Vincent (2005). Ola Vincent's speeches, writings and presentations: 1985–2004. Macmillan Nigeria. ISBN 978-018-465-1.


  1. ^ Powered by DMflex WebGen --- "Ex-CBN Governor, Ola Vincent, Dies at 87, Articles". Thisday Live. Archived from the original on 9 December 2012. Retrieved 4 September 2012.
  2. ^ a b c Omoh Gabriel (25 March 2008). "Vanguard Honours 12 Banking Icons April 18". Vanguard. Retrieved 2 March 2010.
  3. ^ a b "Mr. O. O. Vincent". Central Bank of Nigeria. Retrieved 2 March 2010.
  4. ^ Williams Ekanem (3 May 2009). "Men that Shaped the Central Bank of Nigeria". Business World. Retrieved 2 March 2010.
  5. ^ "Ethics and Professionalism in the Nigerian Banking Industry" (PDF). Africa Leadership Forum. 2 August 1992. Archived from the original (PDF) on 7 October 2006. Retrieved 2 March 2010.
  6. ^ "Ola Vincent Wants Flaws in '99 Constitution Amended". Vanguard. 26 April 2003. Retrieved 2 March 2010.
  7. ^ "Gowon, Vincent Worthy of Thisday Awards, Says IGI". ThisDay. 17 February 2008. Retrieved 2 March 2010.
  8. ^ Dada Aladelokun (30 May 2009). "At 73, I still cook my husband's meals personally". The Nation. Retrieved 2 March 2010.
  9. ^ "Q&A with Ola Vincent, Former CBN Governor" (PDF). The Guardian. September 2009. Retrieved 2 March 2010.
  10. ^ MODESTUS, ANAESORONYE. "Ola Vincent, ex-CBN Governor, Dies at 87". Business Day. Archived from the original on 6 September 2012. Retrieved 3 September 2012.
This page was last edited on 23 September 2019, at 09:19
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.