Thu Apr 21, 2016/Reuters Nigeria’s government has collected more than 2.7 trillion naira ($13.57 billion) in its Treasury Single Account (TSA), the accountant-general said on Thursday. Last year, President Muhammadu Buhari ordered the merger of state accounts into one account at the central bank to reduce corruption and a practice […]
Tag: Treasury Single Account
TSA: EFCC invites Skye bank MD
March 11, 2016/Punch Eniola Akinkuotu The Economic and Financial Crimes Commission has invited the Managing Director of Skye Bank Plc, Mr. Timothy Oguntayo, and the Chief Compliance Officer over the bank’s refusal to move N6.3bn lodged in two separate accounts with the bank, to the Treasury Single Account. According to […]
CBN Unveils Guidelines for States to Operate TSA
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 […]
