President Muhammadu Buhari has approved the partial exclusion of the Ministry of Finance Incorporated (MOFI) from the Treasury Single Account (TSA). The president, according to a...
These latest stories from the tech space will keep you updated with trends today. 1. Nigeria’s ImaliPay launches new AI-powered financial products Leveraging artificial intelligence (AI)...
Almost three years after approval by the Kano State government, the state will begin the implementation of Treasury Single Account (TSA) in January 2020. The state...
The Office of the Accountant General of the Federation (OAGF) on Thursday revealed that the Federal Government made a withdrawal of N10 trillion from the Treasury...
The Accountant General of the Federation, AGF, Alhaji Ahmed Idris has revealed that the Treasury Single Account, TSA, has recorded over N30 trillion in transaction since...
In other to fully comply with Federal Government’s cashless and TSA policies, the Nigerian Airspace Management Agency (NAMA) has said that it will no longer take...
According to a report by the Central Bank of Nigeria (CBN), value of transactions to the Treasury Single Account (TSA) for 2017 moved to N13.53 trillion....
The Nigerian National Petroleum Corporation (NNPC) has denied media reports alleging that the Nigeria Police Force (NPF) recovered $470.5 million and N8 billion of the corporation’s...
It is no longer news that Mrs. Kemi Adeosun resigned her appointment as Nigeria’s substantive minister of finance. Adeosun’s resignation came on the heels of controversy...
President Muhammadu Buhari said his administration successfully increased Nigeria’s foreign reserve from the $29.6 billion it was in 2015 when he took over office to $47.5...
The Nigeria National Petroleum Corporation (NNPC) has described as a misrepresentation of the truth, a report claiming that its Group Managing Director, Mr. Maikanti Baru, said...
The Federal Government, on Thursday, insisted that the request by the Academic Staff Union of Universities (ASUU) that federal universities be exempted from the Treasury Single...
The whistleblowing policy instituted by the Federal Government may have helped to rake in about N11.6bn in monies stolen from government while some 20 whistleblowers may...
The Treasury Single Account (TSA) policy has enabled the Federal Government to save N4billion monthly from charges that banks collected on its numerous accounts, The Nation...
Justice Chuka Obiozor of the Federal High Court in Lagos on Thursday granted an interim order for seven commercial banks in Nigeria to remit a total...
The Accountant General of the Federation, Ali Ahmed Idris, on Tuesday in Abuja, described the implementation of the Treasury Single Account (TSA) as one of the...
These are not the best of times for members of the National Assembly, as commercial banks have launched fresh moves to recover billions of naira from...
On Wednesday August 31, the National Bureau of Statistics (NBS) released official Gross Domestic Product (GDP) figures for the second quarter of 2016, confirming that the...
The suspension of nine commercial banks from participating in Nigerian foreign exchange market has resulted in investors selling off their shares in panic at reduced values...
The Central Bank of Nigeria (CBN) has readmitted United Bank for Africa (UBA) Plc into the foreign exchange (forex) market after the commercial bank hurriedly remitted...
The Central Bank of Nigeria (CBN) has brought down the hammer on nine banks for flouting extant financial regulations. The apex bank has banned them from taking...
First Bank of Nigeria has said the bank has no hidden account of Nigerian Ports Authority (NPA) with it. In a statement filed at the Nigerian...
Three banks in the country may have run into turbulent waters over their alleged involvement in fraudulent practices in the management of Nigerian Ports Authority, NPA,...
The capital market will witness a massive return of the banks before the end of the third quarter of the year. It is believed to be...
I have some very good friends in Skye Bank. One of my good friends used to be their Treasurer before he left. So you can imagine...
The House of Representatives, Wednesday, reminded the Federal Government that it cannot utilise monies that has accrued in the Treasury Single Account, TSA, without the approval...
By Senator Babafemi Ojudu… Today, May 29, 2016 marks President Muhammadu Buhari’s first year in office. It has indeed been an all-round exhilarating year, not only...
By Garba Shehu… Twelve months ago, President Muhammadu Buhari was sworn in as the President and Commander-in-Chief of the Armed Forces of the Federal Republic of...
The Treasury Single Account of the Federal Government, TSA, has again come under attack, as the Revenue Mobilisation, Allocation and Fiscal Commission, RMAFC, has opposed the...
Apparently restating the obvious, the Finance Minister, Mrs Kemi Adeosun, on Thursday acknowledged that Nigeria’s revenue profile was not looking bright yet. She said that government...
There are indications that the EFCC may have invited Skye Bank MD for questioning over the refusal of the bank to move the sum of N6.3...
Against the backdrop of reservations from the Academic Staff Union of Universities (ASUU), plus other government agencies and parastatals hoping to get exemption from Treasury Single...
The controversies trailing the implementation of the Treasury Single Account, TSA, came to a head on Wednesday, as the Senate directed the Central Bank of Nigeria...
The Central Bank of Nigeria (CBN) has unveiled operational guidelines for the operation of TSA by state governments, to consolidate their accounts. The apex bank in...
In from Olumide Olaoluwa . . . The Presidency and National Assembly may be heading for a showdown over the operation of the Treasury Single Account...
Leadership of the National Assembly has stated that it will not be part of the Treasury Single Account (TSA) programme as directed by President Muhammadu Buhari....
Ekiti State governor, Ayodele Fayose, Tuesday, described the Minister of Information, Alhaji Lai Mohammed, as unfit to be the spokesman of the Federal Government, saying he...
Obviously disturbed by the amount of condemnation that has trailed the decision of the Senate to probe the management of the Treasury Single Account and the...
The Senate, Wednesday, ordered an investigation into the management of the Treasury Single Account, TSA as operated by the government of President Muhammadu Buhari. The Senate,...
