The Ashby Commission on “Post-School Certificate and Higher Education” appointed by the Federal Government in 1959, recommended, among other things, the establishment of a university in Lagos which would give special emphasis to “School of Commerce and Business Administration”. It was recognized that Lagos, as the then political and business capital of the Federation, would be an ideal site for an institution of higher learning geared towards producing mangers, accountants and administrators for the private as well as the public sectors of the economy.

Currently, the Faculty of Business Administration offers courses leading to Honours Degrees of Bachelor of Science (B.Sc.) in Accounting, Actuarial Science, Business Administration, Finance, Insurance, Industrial Relations and Personnel Management. The programme of a Master’s degree in Business Administration (MBA), designed specially to meet the requirements of Nigerian Business Executives, commenced from the 1973/74 Session. This programme is currently run on a day (full time)–and-evening (part time) basis. In addition, the Faculty offers Postgraduate courses leading to the M.Sc., M. Phil. And Ph.D. degrees. Details of these could be obtained from the relevant Departments in the Faculty as well as the School of Postgraduate Studies.

Professor Owolabi Kuye

Professor Owolabi Kuye


Our Vision

To become the Faculty of 1st choice in Africa in an environment conducive to the pursuit of excellence in providing business education, teaching, research and service, relevant to the contemporary business world.

Our Mission

To provide high-quality business administration education, to attract, and retain highly qualified and motivated academic staff, to advance knowledge, and to produce the workforce needed to promote economic development. All of the above will be accomplished in a technology-driven environment.