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Nigerian Export - Import Bank (NEXIM Bank) Nigerian Export Promotion Council (NEPC) Oil and Gas Free Zones Authority (OGFZA) Nigeria Export Processing Zones Authority (NEPZA) Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Securities and Exchange Commission (SEC) Standards Organisation of Nigeria (SON)
Over the years, the committee has contributed to formulating and amending key laws, such as the Banks and Other Financial Institutions Act (BOFIA), which governs banking operations in Nigeria. [ 5 ] Its functions align with constitutional provisions and the broader mandate of the National Assembly to safeguard the nation's economic framework.
The banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. [1] The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959. [2]
website = https://www.fedcivilservice.gov.ng Federal Civil Service Commission of Nigeria (FCSC) is an executive body in Nigeria that has the authority to make appointments and transfers, and to exercise disciplinary control over all Federal Civil Servants. [1]
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. [3] The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort ...
Directs education in Nigeria: education.gov.ng/ Energy: To promote sustainable energy development in Nigeria [6] energy.gov.ng: Environment: Regulates environmental issues: environment.gov.ng/ Federal Capital Territory: Administers the Federal Capital Territory (Abuja) fcda.gov.ng/ Finance: Manages, controls and monitors federal revenues and ...
A senior civil servant acts as Permanent Secretary of the minister, assisting the politically appointed Minister of Finance, who is a member of the President's cabinet.. The Federal Ministry of Finance is led by the Honourable Minister of Finance and Coordinating Minister of the Economy, who serves as the chief executive officer.
The Financial Reporting Council (FRC) of Nigeria, formerly the Nigerian Accounting Standards Board (NASB), is an organization charged with setting accounting standards in Nigeria. On Thursday, 6 May 2021, Shuaibu Adamu Ahmed was inaugurated by the Minister of Industry, Trade and Investment, Adeniyi Adebayo, as the Executive Secretary/Chief ...