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Nigerian labour law looks into the rights, working conditions, minimum wage, termination clauses, and many other rules set by the government of Nigeria.The current version of the act was put into place in 2004, five years after their current constitution was established.
The loan to value ratio (or LTV) is the size of the loan against the value of the property. Therefore, a mortgage loan in which the purchaser has made a down payment of 20% has a loan to value ratio of 80%. For loans made against properties that the borrower already owns, the loan to value ratio will be imputed against the estimated value of ...
[19] Under title theory, a mortgage has the effect of a deed passing legal title, though conditionally, of the mortgaged property to the mortgagee (the lender in a loan agreement being secured by the mortgage), with so-called "equitable title" (which is really equity of redemption) being retained by the mortgagor (the borrower in the loan). The ...
In 2022, the National Pension Commission announced it had automated the Pre-Retirement Verification Enrolment Exercise and issued 207 Pension Compliance Certificates (PCC) to organizations in the given year. [5] In January 2023, the National Pension Commission announced a release of N13.89 billion pension for 2022 retirees by the Federal ...
Electricity Ordinance Act 1929. The Anatomy Act [27] (1933) Electricity Corporation of Nigeria Ordinance 1950. No. 15. The Acts Authentication Act [28] (1962) The Niger Dams Act 1962. National Electric Power Authority Decree 1972. No. 24. The Bankruptcy Act [29] (1979) Energy Commission of Nigeria Decree 1989. No. 19; Energy Commission of ...
Sydney Sweeney hit back after body shamers piled on one of her Instagram posts, which included videos and photos of her hitting the gym to prepare for her role as boxer Christy Martin.
WASHINGTON − Former President Bill Clinton was hospitalized in Washington “for testing and observation after developing a fever,” his deputy chief of staff announced Monday. “He remains in ...
The Nigeria Mortgage Refinance Company Plc (NMRC) is a Nigerian financial services company that was established to develop both the primary and secondary mortgage markets in Nigeria. Although set up as a company it is a partnership between the Nigerian government and entities such as primary mortgage banks, insurance companies, private equity ...