By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Tuesday released guidelines on the operation of the Treasury Single Account (TSA) by States. This is coming on the heels of State Governments trying to implementing both capital and recurrent expenditures, especially payment of monthly salaries to employees and other […]
Tag: Central Bank of Nigeria
Sanusi faults CBN on naira exchange rate
February 9, 2016 The Emir of Kano and immediate past Governor of the Central Bank of Nigeria, Muhammadu Sanusi II, has described the monetary policy regime of the CBN as wrong. Sanusi was quoted by Financial Times as saying that President Muhammadu Buhari risked exacerbating the country’s economic woes and […]
SEC receives 1,500 petitions on bank charges, others
In the last one month, the Securities and Exchange Commission has received over 1,500 complaints from shareholders of quoted companies, investigations have revealed. Our correspondent gathered on Sunday that the complaints bothered on bank charges, non-payment of dividends by some quoted companies even after declaring profits, and delays in getting […]
