Nikola came to Dubrovnik as a boy and his parents sent him to become a trader's apprentice for a wealthy trader called Rad Gleđević, who then dispatched him to Novi Pazar in the Ottoman Empire (today Sandžak, Serbia) to learn from the local traders.
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In 2000, Serbian historian Marko Atlagić published a paper in a Univerzitet u Prištini journal in which he claimed numerous noble families from the Republic of Ragusa to be Serbian, including the Bošković's.
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Franjo Rački wrote, based on a manuscript from the Franciscan library in Dubrovnik, that Nikola was the son of a Boško from Orahovo (Orahov Do, near Popovo polje, then Bosnia Eyalet, Ottoman Empire, present-day Bosnia and Herzegovina), and that the family had adopted the surname Bošković after his father.
It is notable for having been the birthplace of a Dubrovnik trader Nikola Bošković, father of the famed astronomer Ruđer Bošković.
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