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: States
States’ external debt rose by N270bn in five years – DMO
The 36 states of the federation and the Federal Capital Territory grew their external debts by $1.37bn (N270bn at the current interbank exchange rate of N197 to a dollar) in five years, investigation has shown. Statistics obtained from the Debt Management Office on Sunday showed that the external indebtedness of […]
