JAMB Commerce 1997 Question 2

Question 2

Introduction to Commerce

A royal charter was granted to the Royal Niger Company to do business in Nigeria in

  1. A.December 1888
  2. B.May 1887
  3. C.July 1886
  4. D.August 1885.
Show the answer and explanation

Answer: C (July 1886)

Explanation

The Royal Niger Company received its royal charter in July 1886.