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Discounting. In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee. [1] Essentially, the party that owes money in the present purchases the right to delay the payment until some future date. [2]
ISO 8601. International standard ISO 8601 ( Representation of dates and times) defines unambiguous written all-numeric big-endian formats for dates, such as 2022-12-31 for 31 December 2022, and time, such as 23:59:58 for 23 hours, 59 minutes, and 58 seconds. These standard notations have been adopted by many countries as a national standard, e ...
Time. For multi-lingual speakers in East Africa, the convention is to use the time system applicable to the language one happens to be speaking at the time. A person speaking of an early morning event in English would report that it happened at eight o'clock. However, in repeating the same facts in Swahili, one would state that the events ...
Nigeria observes West Africa Time (WAT), which is one hour ahead of Coordinated Universal Time ( UTC+01:00 ), year-round as standard time. Nigeria has never observed daylight saving time. It shares WAT with fourteen other countries in Africa. Nigeria's local mean time was UTC +00:13:35. Prior to 1 January 1914, Nigeria was not unified; the ...
Nigerian naira. The naira ( sign: ₦; code: NGN; Yoruba: náírà, Hausa: نَيْرَ, romanized: naira, 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.
Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25. Trade rate discount . A trade rate discount, sometimes also called "trade discount", is offered by a seller to a buyer for purposes of trade or reselling, rather than to an end user.
Time in Africa. Africa, the world's second-largest and second-most populous continent, spans across six different time zone offsets from Coordinated Universal Time (UTC): UTC−01:00 to UTC+04:00. [2] [3] As Africa straddles the equator and tropics, there is little change in daylight hours throughout the year [4] and as such daylight saving ...
It's also important to note that children older than 16 months are required to purchase a ticket for the 10am-12pm time slot each day. After 12pm, Chonkfest is a 21+ (adults only) event.