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Central Bank of Nigeria (CBN) Corporate Affairs Commission (CAC) ... The Office of the Secretary to the Government of the Federation (SGF), which is domiciled in the ...
The DA Rate for Industrial Workers (since 1 January 2007 with Base year 2001=100) for 3rd Quarter (Oct-Dec), 2015 has been declared as 107.9% and that of 4th Quarter (Jan-Mar), 2016 is 112.40%. The 5th Pay Commission recommendations were implemented since 1 January 1996 and consequently DA rate with effective from 1 January 1996 became 0 ...
The Central Bank of Nigeria claimed that they attempted to control the annual inflation rate below 10%. In 2011, the CBN increased key interest rate six times, rising from 6.25% to 12%. On 31 January 2012, the CBN decided to maintain the key interest rate at 12%, in order to reduce the impact of inflation due to a reduction in fuel subsidies.
The House of Representatives (also called Green Chamber) is the lower chamber of Nigeria's bicameral National Assembly. [1] The Green Chamber has 360 members who are elected in single-member constituencies using the plurality (or first-past-the-post ) system, most recently in 2023 .
Nigeria gained full independence in October 1960 under a constitution that provided for a parliamentary government and a substantial measure of self-government for the country's three regions. Since then, various panels have studied and made recommendations for reforming of the Civil Service, including the Margan Commission of 1963, the Adebo ...
Statutorily and administratively, the FIRS has the responsibility for the assessment, collection and accounting of taxes to the Government: [9] The timely provision and publication of accurate data and annual reports to the Federal Government of Nigeria and other stakeholders to inform national economic planning, academic research, tax policy and development legislation [10]
Together, the two chambers form the law-making body in Nigeria, [6] called the National Assembly, which serves as a check on the executive arm of government. The National Assembly of Nigeria (NASS) is the democratically elected body that represents the interests of the Federal Republic of Nigeria and its people, makes laws for Nigeria, and ...
This is a list of countries by annualized interest rate set by the central bank for charging commercial, ... Nigeria: 27.50 0.25: 27 November 2024 [70] 14.03 13.47