Telecommunications in Nigeria Telecommunications in Nigeria Telecommunications in Nigeria include radio, television, fixed and mobile telephones, and the Internet. Radio stations: Radios: 23.5 million (1997). Television stations: nearly 70 federal government-owned national and regional TV stations; all 36 states operate TV stations; several private TV stations operational; cable and satellite TV subscription services are available (2007). Television sets: 56.9 million (2007). Nigeria's media scene is one of the most vibrant in Africa. Newspapers, television and radio remains the most important medium of mass communication and information, with Social media rapidly emerging as the next big medium. International broadcasters, including the BBC, are popular.
Banking in Nigeria and Industry started operations in Nigeria, which metamorphosed into the United Bank for Africa. The first domestic bank In Nigeria was established in 1929 and called Industrial and Commercial Bank. The bank liquidated in 1930 and was replaced by Mercantile Bank in 1931. The African Continental Bank was created in 1949 as the only sustainable indigenous bank after the liquidation of the Industrial and Commercial Bank. The year 1947 shows the emergence of an agricultural bank called the Nigerian Farmers and Commercial Bank. In 2010, the Central Bank of Nigeria re-modified the existing universal banking model that permits the holder