Welcome to the OEBAN website

Dr Kolapo Ige






Until the recent past, it was absolutely difficult for economists to identify themselves with any professional body because of the non-existence of an organised and independent professional body to regulate the conduct and activities of the profession. The problem of identification had forced a good number of our economists to marketers, bankers, accountants, or administrators without genuine enthusiasm.

Organisation of Economists and Business Analysts of Nigeria (OEBAN) is positioned as a veritable organisation and strategic change agent mandated by incorporation to form a catalyst in Economics and Business matters.

OEBAN is a strategic organ, indoctrinating the Art and Science of synergical management of Economics and Business resources to develop sustainable capacities. To foster and maintain standard and research into best means and methods of developing and applying such art and Science to encourage, increase, disseminate and promote knowledge, education and training and the exchange of information on ideas in respect of questions relating thereto or connected therewith.

It is apparent, the world over, that the new millennium stands to be an era of global business information networking, an age when nothing appeals unless it is entertaining, informing and appealing in a pleasurable manner – an age of E-myth Business and Economy.

It is our hope that the organisation will go along way in enhancing quality of business planning and strategic policy measures at all sectors of our economy.

With a singular goal of fostering and promoting business and financial intelligence in the continent, the growth and development of this new organisation is announced.


The goal of the founders of the OEBAN is to provide facilities for training and re-training of professional economists for the Nigeria economy. Given the Organisation experience in past years and the enormous challenges to any economic profession in Nigeria today, the council and management of the organisation are desirous and determined to focus, restructure and revitalise it, to more effectively fulfil its mandate.

The vision of the organisation and its aspiration for the future is to become an internationally acceptable centre for economics profession and other business allied disciplines that will contribute effectively to the production of professional economist of high quality and respond adequately to the development of the economy.


The basic mandate of the organisation shall remain as detailed in the organisation objectives. However, the organisation will for the immediate future, be more clearly focussed on the production, regular updating and upgrading of professional economist for basic level of the economy. The organisation will collaborate will relevant bodies of professional institute to promote high level of professionalism among Nigerian economists and business analysts.


The OEBAN provides equality of opportunities for economists in both developed, and developing countries like Nigeria. It provides professional training for people working in various works of life. The entire system is hampered by shortage of resources, human and material. The organisation helps to curb such shortages, which the convectional institutions are unable to meet. It also helps to make economics profession relevant to the needs of the country.

It is therefore, a viable option in the training and retraining of professional economists in an economy like that of Nigeria.


It goes without saying that education is fast becoming an essential commodity that everyone is aspiring to have. High umemployment rate coupled with severe economic crunch often necessitate people at the middle cadre to seek an alternative means of training themselves to acquire more skill while retaining their jobs. The organisation therefore, serve as a viable option for such category of people because of its capacity to provide them with their professional training needs and at the same time guaranteeing them job security in their work places.

Also, Economics contributes a great deal towards the performance of managerial duties and responsibilities. Just as biology contributes to the medical profession, all other qualifications being the same, managers with a working knowledge of Economics can perform their functions more effectively than those without it. The basic function of the managers of a business firm is to achieve the objective of the firm to the maximum possible extent with the limited resources placed at their disposal. Therefore, the basic task of the management is to optimise the use of resources.

The organisation therefore, has the pleasure to welcome you on board her programmes.