3rd Term History Half Term Test

The regulation of the banking industry is done by _____.

• A. Central Bank of Nigeria

• B. Union Bank of Nigeria

• C. African Development Bank

• D. Société General Bank of Nigeria

Which of the following is NOT an activity of the banking industry?

• A. Keeping valuables

• B. Investing monies

• C. Investing assets

• D. Filing cases

A large concentration of of consumer goods industry can be found in _____.

• A. Agara

• B. Igbara

• C. Egbara

• D. Agbara

A specialized orthopedic hospital can be found in ____.

• A. Igbobi, Lagos

• B. Igbobi, Ibadan

• C. Igbobi, Ogun State

• D. Igbobi, Osun State

Commercial production and sale of goods or a specific branch of production and trade is known as ____.

• A. A factory

• B. Manufacturing plant

• C. Industry

• D. A company

The regulation of the banking industry has been by the Central Bank of Nigeria since _____.

• A. June 1959

• B. July 1959

• C. July 1949

• D. June 1949

Nigeria is the ____ major food producer worldwide.

• A. 5th

• B. 7th

• C. 8th

• D. 6th

Oil in Nigeria was first discovered in ______

• A. Alabiri

• B. Olabiri

• C. Oleibiri

• D. Oloibiri

The body regulating oil companies in Nigeria is the _____

• A. Nigerian National Petroleum Corporation (NNPC)

• B. National Nigerian Petroleum Corporation (NNPC)

• C. Nigeria Niger Petroleum Corporation (NNPC)

• D. Nigerstone Natural Petroleum Corporation (NNPC)

Oil accounts for _____ of Nigeria's revenue.

• A. 70%

• B. 90%

• C. 75%

• D. 80%