Mobolaji Bank Anthony

Last updated

Sir Mobolaji Bank Anthony

Born(1907-06-11)11 June 1907
Died26 May 1991(1991-05-26) (aged 83)
Lagos, Nigeria
Nationality Nigerian
Other namesMobolaji Bank-Anthony
OccupationBusinessman
Years active1929-1991
Known forEntrepreneurship and philanthropy
Spouse(s)Lamide, Lady Bank Anthony
ChildrenOmoseri Bank Anthony, Ajibike Bank Anthony, Dame Oremi Evans, Bolaji Bank Anthony
ParentAlfred Bank Anthony
Statue of Sir Mobolaji Bank Anthony Sir Mobolaji Bank Anthony.jpg
Statue of Sir Mobolaji Bank Anthony

Oloye Sir Mobolaji Bank Anthony, KBE (11 June 1907 - 26 May 1991) was a Yoruba Nigerian businessman and philanthropist. [1] [2] He was a council President of the Lagos Stock Exchange and was a minority investor in Aero-Contractors before indigenous shares were acquired by the Ibru Organization. [3] At one time, he held the distributional rights to cars manufactured by Rootes Group. [4] He was a board member of various companies and was a fellow of the Nigerian Institute of Management.

Contents

Life

Bank Anthony was born to the family of Alfred Bank Anthony of Brazilian quarters, Lagos Island; his mother was related to the Aleshinloye Williams family of Olowogbowo, Lagos and both parents were businesspeople; his father had an undertaker business under the name, A. Bank Anthony and Sons Ltd. [3] He was born in the Kinshasa region of Belgian Congo in 1907. He started education at St. Peters School, Faji, Lagos and later attended various secondary schools including Methodist Boys High School, Ijebu Ode Grammar School, CMS Grammar School and Baptist Academy, Lagos. In 1923, he started work as a junior clerk in the correspondence section of the Post and Telegraphs Department (P&T). [5] He left the P&T dept in 1931 and switched to business. He traveled to Germany and England to study palm oil making and later established M. de Bank Brothers, a general merchant firm originally trading in Palm Oil and then patent medicine. After both businesses were not very successful, he switched to importing watches, clocks and fountain pens. At one time, he was the third largest seller of fountain pens in Nigeria after UAC and the United Trading Company.[ citation needed ] In the early 1930s, he was briefly involved with the Lagos Youth Movement. Bank Anthony's business began to pick up at the onset of World War II when prices rose in the country benefiting traders like Bank Anthony who had large reserves of goods before the inflationary pressures. [6]

In the 1950s he brought in a few European firms to Nigeria and was one of the earliest Nigerians to become chairman of a European company when in 1950, after introducing an Italian firm to the Nigerian market, he became chairman of the Italian Construction firm Borini Prono and Company. The firm was later involved in the construction of the Ijora Causeway, Benin-Asaba road and the Sapele-Onithsa road.[ citation needed ] He was also the agent of Law Union and rock Insurance Agency in 1950 which was later managed by T.A. Braithwaite in 1951. He was also a director of the Nigerian arm of Mobil Oil Company and was also a director of the Nigerian branch of Friesland Foods. [7]

Bank Anthony acquired shares in a few companies during his business career including Weide Nigeria Limited that dealt with completely knocked down electrical parts, an Italian partnership called Motor Parts Industries, a plywood business venture in Cross River State and the Nigerian arm of May and Baker, [3] Pressed Metal Works.

Philanthropy

Bank Anthony donated a ward to the National Orthopaedic Hospital, Igbobi, Lagos and also built Ayinke House, which houses the Ikeja General Hospital. [8]

Personal life

Bank Anthony was married to Olamide Adeshigin, later known as Lady Bank Anthony. He belonged to a few social and business clubs in Lagos, including the Lagos Race Club, Metropolitan Club, Yoruba Tennis Club and the Nigeria-American Chamber of Commerce. [3] He was chairman of the Federal Rehabilitation Appeal Board established by Yakubu Gowon to assist Nigerians affected by the Civil War.[ citation needed ]

Related Research Articles

<span class="mw-page-title-main">Ibadan</span> Capital city of Oyo State, Nigeria

Ibadan is the capital and most populous city of Oyo State, in Nigeria. It is the third-largest city by population in Nigeria after Lagos and Kano, with a total population of 3,649,000 as of 2021, and over 6 million people within its metropolitan area. It is the country's largest city by geographical area. At the time of Nigeria's independence in 1960, Ibadan was the largest and most populated city in the country, and the second most populous in Africa behind Cairo. Ibadan is ranked the second fastest growing city on the African continent according to the UN Human settlements research program (2022). It is also ranked third in West Africa in the tech startups index. Ibadan joined the UNESCO Global Network of Learning Cities in 2016.

<span class="mw-page-title-main">Oyo State</span> State of Nigeria

Oyo State is an inland state in southwestern Nigeria. Its capital is Ibadan, the third most populous city in the country and formerly the second most populous city in Africa. Oyo State is bordered to the north by Kwara State for 337 km, to the east by Osun State for 187 km, partly across the River Osun, and to the south by Ogun State, and to the west by the Republic of Benin for 98 km. With a projected population of 7,840,864 in 2016, Oyo State is the fifth most populous in the Nigeria.

Julius Berger is a Nigerian construction company, headquartered in Abuja, with additional permanent locations in Lagos and Uyo.

Henry Oloyede Fajemirokun, CON was a trade unionist who later became a prominent Nigerian industrialist and businessman and one of the country's dynamic indigenous entrepreneurs who had established and built one of the foremost indigenous private sector business concerns in his time. He was a strong believer in, and promoted West Africa's economic integration alongside Adebayo Adedeji which subsequently led to the formation of the Economic Community of West African States (ECOWAS).

<span class="mw-page-title-main">Adeyemo Alakija</span> Nigerian lawyer, politician and businessman

Oloye Sir Adeyemo Alakija, was a Nigerian lawyer, politician and businessman. He served as a member of the Nigerian legislative council for nine years starting in 1933. In 1942, he became a member of the governor's Executive Council. Alakija was president of Egbe Omo Oduduwa from 1948 until his death in 1952.

<span class="mw-page-title-main">Abeokuta</span> Capital city of Ogun State, Nigeria

Abeokuta is the capital city of Ogun State in southwest Nigeria. It is situated on the east bank of the Ogun River, near a group of rocky outcrops in a wooded savanna; 77 kilometres (48 mi) north of Lagos by railway, or 130 kilometres (81 mi) by water. As of 2006, Abeokuta and the surrounding area had a population of 449,088.

<span class="mw-page-title-main">Mobolaji Johnson</span> Nigerian general and Military governor of Lagos State from 1967 to 1975

Mobolaji Olufunso Johnson was a Nigerian Army Brigadier who served as Military Administrator of the Federal territory of Lagos from January 1966 to May 1967 during the military regime of General Aguyi-Ironsi, and then as Governor of Lagos State from May 1967 to July 1975 during the military regime of General Yakubu Gowon. As Governor of Lagos, his administration supervised the unpopular demolition of the Ajele Cemetery in the early 1970s.

<span class="mw-page-title-main">Adebayo Salami</span> Nigerian politician and accountant (1951–2021)

Adebayo Ayoade Salami ; 26 July 1951 – 7 January 2021) was a Nigerian accountant and politician who served as Senator representing the Osun State Central constituency at the start of the Nigerian Fourth Republic running on the Alliance for Democracy (AD) platform.

Udoma Udo Udoma is a commercial lawyer and founder of the Nigeria law firm Udo Udoma & Belo-Osagie. His career spans law, business and politics, as he served as a senator in the Federal Republic of Nigeria from 1999 to 2007, as a Federal Minister from 2015 to 2019, and on the boards of various corporations in both the private and public sectors.

<span class="mw-page-title-main">CMS Grammar School, Lagos</span> Secondary school in Bariga-Lagos, Lagos State, Nigeria

The Badagry in Bariga, a suburb of Lagos in Lagos State, is the oldest secondary school in Nigeria, founded on 6 June 1859 by the Church Missionary Society. For decades it was the main source of African clergymen and administrators in the Lagos Colony.

<span class="mw-page-title-main">Lagos Colony</span> British protectorate from 1862 to 1906

Lagos Colony was a British colonial possession centred on the port of Lagos in what is now southern Nigeria. Lagos was annexed on 6 August 1861 under the threat of force by Commander Beddingfield of HMS Prometheus who was accompanied by the Acting British Consul, William McCoskry. Oba Dosunmu of Lagos resisted the cession for 11 days while facing the threat of violence on Lagos and its people, but capitulated and signed the Lagos Treaty of Cession. Lagos was declared a colony on 5 March 1862. By 1872, Lagos was a cosmopolitan trading centre with a population over 60,000. In the aftermath of prolonged wars between the mainland Yoruba states, the colony established a protectorate over most of Yorubaland between 1890 and 1897. The protectorate was incorporated into the new Southern Nigeria Protectorate in February 1906, and Lagos became the capital of the Protectorate of Nigeria in January 1914. Since then, Lagos has grown to become the largest city in West Africa, with an estimated metropolitan population of over 9,000,000 as of 2011.

Chief Akintola Williams was a Nigerian accountant. He was the first Nigerian to qualify as a chartered accountant.

Chief Michael Adeniyi Agbolade Ishola Adenuga Jr is a Nigerian billionaire businessman, and the third richest person in Africa. His company Globacom is Nigeria's second-largest telecom operator and also has a presence in Ghana and Benin. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil.

<span class="mw-page-title-main">Saro people</span> Freed slaves who migrated to Nigeria

The Saro, or Nigerian Creoles of the 19th and early 20th centuries, were Africans that were emancipated and initially resettled in Freetown, Sierra Leone by the Royal Navy, which, with the West Africa Squadron, enforced the abolition of the international slave trade after the British Parliament passed the Slave Trade Act 1807. Those freedmen who migrated back to Nigeria from Sierra Leone, over several generations starting from the 1830s, became known locally as Saro(elided form of Sierra Leone, from the Yoruba sàró). Consequently, the Saro are culturally descended from Sierra Leone Creoles, with ancestral roots to the Yoruba people of Nigeria.

Asue Ighodalo is a Nigerian lawyer. He is from Okaigben, Ewohimi, Esan South East LG, Edo State, Nigeria. He is alongside Femi Olubanwo, a founding partner of the law firm of Banwo-and-Ighodalo a corporate and commercial law practice in Nigeria specializing in advising major corporations on Corporate Finance, Capital Markets, Energy & Natural Resources, Mergers & Acquisitions, Banking & Securitization and Project Finance. He is the chairman sterling Bank, Director, NSIA - Nigerian Sovereign Investment Authority, Chairman NESG - Nigerian Economic Summit Group.

<span class="mw-page-title-main">Tayo Ayeni</span> Nigerian businessman

Tayo Ayeni is a Nigerian businessman with interests in automobile sales and real estates.

Obi Asika is the Director-General, National Council for Arts and Culture, NCAC. He was appointed on Friday 12, January 2024 by President Bola Ahmed Tinubu. Before his appointment, he is known for his involvement in the growth of Nigeria's music industry, as the founder and CEO of Storm 360 - an indigenous music label. Storm 360 has spawned a lot of Nigerian entertainers including Naeto C, Ikechukwu, Sasha P, General Pype, L.O.S., Ms Jaie, Tosin Martins, and Yung 6ix.

Alfred Rewane was a Nigerian businessman. He was murdered on October 6, 1995 at his residence in Ikeja, Lagos. He was a financier of NADECO and was a close associate of Obafemi Awolowo.

Ijebu Ode Grammar School (JOGS) is a boys-only secondary school located in Ijebu Ode local government area of Ogun State, South-Western Nigeria. Founded on 20 January 1913, the school is one of the oldest schools in Nigeria.

The Yoruba Tennis Club is a tennis club in Onikan, Lagos Island, Lagos, Nigeria. It is the oldest indigenous social club in Nigeria. The club started on 15 July 1926, as Orelodun Tennis Club. At several meetings, the Club was later renamed “The Yoruba Tennis Club”. During the inaugural meeting the club's founders did not restrict its membership to those of Yoruba origin alone. but ensured that it has a wide variety of people from different walks of life.

References

  1. Fortune (1967). Businessmen around the globe. Stackpole books (University of Michigan). p. 193.
  2. S. O. Arifalo (2003). The Yoruba in History Up to 1987 (Issue 3 of Monograph series). Indiana University (First Academic Publishers for the Department of History and International Studies, Adekunle Ajasin University). p. 19. ISBN   978-9-780-5547-12.
  3. 1 2 3 4 "50 Successful Years in Business", Spear, March 1986
  4. Francis Kennedy. (1991). Obituary: Sir Mobolaji Bank-Anthony. The Independent (London), June 1, 1991
  5. "Throwback: How Sir Mobolaji Bank Anthony Became One Of The Richest Men In Africa During His Life Time". Espact. 2018-10-18. Retrieved 2021-06-02.
  6. "Mobolaji Bank Anthony biography, net worth, age, family, contact & picture". www.manpower.com.ng. Retrieved 2021-06-02.
  7. AutoJosh. "31 Roads In Lagos And The Famous Nigerians They Were Named After" . Retrieved 2021-06-02.
  8. Tunde (2019-04-25). "Ayinke House and Sir Mobolaji Bank-Anthony". New Dawn Nigeria. Retrieved 2021-06-02.