Search results
Results from the WOW.Com Content Network
Tax deduction at source (TDS) is an Indian withholding tax that is a means of collecting tax on income, dividends, or asset sales by requiring the payer (or legal intermediary) to deduct tax due before paying the balance to the payee (and the tax to the revenue authority). Under the Indian Income Tax Act of 1961, income tax must be deducted at ...
Treasury Single Account (TSA) is a financial policy in use in several countries all over the world. [1] It was proposed by the federal government of Nigeria in 2012 under the Jonathan Administration and was fully implemented by the Buhari Administration. [2] to consolidate all inflows from all agencies of government into a single account at the ...
Nigerian naira. The naira ( sign: ₦; code: NGN; Yoruba: náírà, Hausa: naira or نَيْرَ, Igbo: naịra, Tyap: nera) is the currency of Nigeria. One naira is divided into 100 kobo. [2] The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria.
Nigeria and her important dates, 1900-1966. 1966. Day to day events in Nigeria : a diary of important happenings in Nigeria from 1960-1970. 1982. Twenty-one years of independence : a calendar of major political and economic events in Nigeria, 1960-1981. 1982. Institut für Afrika-Kunde; Rolf Hofmeier, eds. (1990).
The economic history of Nigeria falls into three periods. They are the: pre-colonial, the colonial and the post-colonial or independence periods. [1] The pre-colonial period covers the longest the part of Nigerian history. The colonial period covers a period of 60 years, 1900-1960 while the independence period dates from October 1, 1960.
A British Order-in-Council enacted Nigeria's first constitution as a sovereign state. It came into force upon the country's independence on 1 October 1960. Under this constitution, Nigeria retained Queen Elizabeth II as titular head of state, Queen of Nigeria. Nnamdi Azikiwe represented the queen as Governor-General.
Nigeria borders Niger in the north, Chad in the northeast, Cameroon in the east, and Benin in the west. Nigeria is a federal republic comprising 36 states and the Federal Capital Territory, where the capital, Abuja, is located. The largest city in Nigeria is Lagos, one of the largest metropolitan areas in the world and the largest in Africa.
The First Republic was the republican government of Nigeria between 1963 and 1966 governed by the first republican constitution. The country's government was based on a federal form of the Westminster system. The period between 1 October 1960, when the country gained its independence and 15 January 1966, when the first military coup d’état ...