CREDIT
Credit is a condition of sales in which a seller permits a buyer to take possession of his goods and services without paying on the spot of purchase but which the buyer promises to pay in a future date.
Commerce
LAKE CHAD BASIN COMMISSION (LC.B.C.)
On the 22nd day of 1964 came the birth of this commission following the treaty signed by the heads of the member countries. The commission has two organs namely, the Administrative and Secretarial organs. MEMBER COUNTRIES OF L.C.B.C: Nigeria, Chad, Cameroon and Niger. AIMS/OBJECTIVES OF L.C.B To collect and disseminate information to member countries on …
NIGER BASIN COMMISSION (N.B.C.)
This organization was established after the conference held at Niamey in October, 1963 which led to the signing of a treaty known as the Act of Niamey. This organization consists of nine countries located along the River Niger. MEMBER COUNTRIES OF N.B.C Benin, Guinea, Nigeria, Ivory Coast, Chad, 79 Cameroon, Burkina Faso, Mali, Niger. ORGANS …
ECONOMIC COMMUNITY OF WEST AFRICAN STATES (ECOWAS)
This organization was established on the 28th of May 1975 with its headquarters in Lagos. It is made up of sixteen countries. INSTITUTIONAL ORGANS OF ECOWAS The Authority of Heads of States and Government. The Council of Ministers. The general secretariat is situated in Lagos. The fund for co-operation, compensation and development. AIMS/OBJECTIVES OF ECOWAS …
ECONOMIC GROUPINGS IN WEST AFRICA
ECONOMIC COMMUNITY OF WEST AFRICAN STATES (ECOWAS) NIGER BASIN COMMISSION (N.B.C.) LAKE CHAD BASIN COMMISSION (LC.B.C.)
AIMS/FUNCTIONS OF CHAMBERS OF COMMERCE
Chambers of Commerce help to organize trade fairs and exhibitions. They help to disseminate information pertaining to the interest of businessmen. They act in one accord to influence government legislation on matters concerning businessmen. They settle disputes among members.