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Advance-fee scam. An advance-fee scam is a form of fraud and is a common confidence trick. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [1][2] If a victim makes the payment, the fraudster ...
As of June 2023, the total national debt of Nigeria was US$113.4 billion, of which US$70.3 billion (61.95%) was domestic debt and US$43.2 billion (38.05%) was external debt. [20][21] The domestic debt was mainly composed of Nigerian Treasury Bills (NTBs), Nigerian Treasury Bonds (NTBs), Federal Government of Nigeria Savings Bond (FGNSB), Sukuk ...
Founded in 1988, [1] the Federal Road Safety Corps (FRSC) operates in all Nigerian states as well as the Federal Capital Territory and is the leading agency in Nigeria on road safety administration and management. The statutory functions include: Making the highways safe for motorists and other road users as well as checking road worthiness of ...
BOI also manages and disburses the Government Enterprise and Empowerment Program (GEEP), one of a number of social intervention programmes introduced by the Federal Government of Nigeria. GEEP is a ₦140 billion fund aimed at supporting individuals in the informal sector with loans at zero percent interest rate.
The Lagos Metropolitan Area Transport Authority (LAMATA) is the Lagos State Government agency created to coordinate transport planning, policies, and public transport infrastructure implementation in the Lagos Metropolitan Area, Nigeria. [1] The organisation oversees wide range of transport planning and implementation of transport strategies ...
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There are five types of mortgages, including fixed-and adjustable-rate options, jumbo loans, government-insured mortgages and conventional loans. Mortgages come in 15- and 30-year options.
Innoson Vehicle Manufacturing Co. [1]Innoson Vehicle Manufacturing Co. Ltd. (commonly shortened to IVM) is a Nigerian automobile manufacturer headquartered in Nnewi, Anambra, Nigeria. It was founded by Chief Innocent Chukwuma Nwala. [2][3][4] Innoson Vehicle Manufacturing is nicknamed Pride Of African Roads. According to the company, 70% of its ...