What did the Royal Niger Company do?

The Royal Niger Company was a British chartered company, active from 1886 through 1899 in the territory bordering the Niger and Benue Rivers in contemporary Nigeria, that parlayed its administrative powers into a successful commercial monopoly.

What was the role of Royal Niger Company?

20, 1925, London), British colonial administrator, organizer of a chartered company (1886) that established British rule on the Niger River, who was chiefly responsible for the development of northern Nigeria into an orderly and prosperous British protectorate and later a major region of independent Nigeria.

What did Royal Niger Company trade?

In addition, they introduced agricultural plants (cassava, cocoa-yam, sugar) from tropical America to tropical African habitats while exporting such native Niger Delta plants as plantain and yams to tropical America. In the seventeenth century other European nations joined in the Atlantic trade.

Which company sold Nigeria to the British?

Following the revoking of its charter, the Royal Niger Company sold its holdings to the British government for £865,000 (£108 million today). That amount, £46,407,250 (NGN 50,386,455,032,400, at today’s exchange rate) was effectively the price Britain paid, to buy the territory which was to become known as Nigeria.

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What brought the British to Nigeria?

British influence in the region began with the prohibition of slave trade to British subjects in 1807. Britain annexed Lagos in 1861 and established the Oil River Protectorate in 1884.

Who named Nigeria?

Like so many modern African states, Nigeria is the creation of European imperialism. Its very name – after the great Niger River, the country’s dominating physical feature – was suggested in the 1890s by British journalist Flora Shaw, who later became the wife of colonial governor Frederick Lugard.

Who owned Nigeria?

Nigeria became a British protectorate in 1901. The period of British rule lasted until 1960, when an independence movement led to the country being granted independence. Nigeria first became a republic in 1963, but succumbed to military rule three years later, after a bloody coup d’état.

When was Nigeria named?

The name Nigeria was taken from the Niger River running through the country. This name was coined on January 8, 1897, by British journalist Flora Shaw, who later married Lord Lugard, a British colonial administrator.

What was Nigeria called before the name Nigeria?

What was its name before Nigeria? The former name for Nigeria was the Royal Niger Company Territories. It does not sound like a country name at all! The name Nigeria was replaced and preserved up until today.

Is Unilever the Royal Niger Company?

The company changed its name to The Niger Company Ltd and in 1929 became part of the United Africa Company. The United Africa Company came under the control of Unilever in the 1930s and continued to exist as a subsidiary of Unilever until 1987, when it was absorbed into the parent company.

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Who created Royal Niger?

The name Nigeria was suggested by British journalist Flora Shaw in the 1890s. She referred to the area as Nigeria, after the Niger River, which dominates much of the country’s landscape. The word niger is Latin for black.

Who named Nigeria flag?

Michael Taiwo Akinkunmi. The man was only 23, when he gave Nigeria its national symbol, the green and white flag. The primary symbol of each country is its flag.

Who designed the Nigerian flag?

The winning design was by Michael Taiwo Akinkunmi, a Nigerian student in London. In his flag of equal green-white-green vertical stripes, green stood for agriculture and white for unity and peace.