Biafra by a governor and four directors; the first governor, who signed on bank notes, was Sylvester Ugoh. A second decree, "Decree No. 4 of 1967", modified the Banking Act of the Federal Republic of Nigeria for the Republic of Biafra. The bank was first located in Enugu, but due to the ongoing war, it was relocated several times. Biafra attempted to finance the war through foreign exchange. After Nigeria announced their currency would no longer be legal tender (to make way for a new currency), this effort increased. After the announcement, tons of Nigerian bank notes were transported in an
1970 in South Korea Europe. 1970 in South Korea Events from the year 1970 in South Korea. There were a lot of things that happened in 1970 in South Korea. It just got over a major war with the north only 15 years ago. Right now in 1970 South Korea is still a developing country mostly made up of rice farmers. It was harder back then for them to develop because they are isolated on a peninsula next to one of the most dangerous country's in the world. Because of the hard times a lot of people left Korea to new promises like America