Tue Feb 9, 2016/Reuters Nigeria’s decision to collect government payments in one bank account will help limit state borrowing, reduce payment delays and curb corruption, its finance minister said on Monday. Last year, President Muhammadu Buhari ordered the merger of state accounts into one “single treasury account” at the central […]
Tag: Treasury Single Account
Nigeria’s Economy to Grow by 3.78% in 2016-NBS
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s economy is expected to grow by 3.78 percent in 2016 from 2.97 percent recorded in 2015, an increase of less than 100 basis points, according to a latest report from the National Bureau of Statistics (NBS). “Beyond 2016 however, growth is expected to jumpstart […]
