Nigeria House of Representative. NS

Lawmakers give CBN, AGF 6-week to provide reports so far on TSA

The Nigeria’s House of Representatives has given CBN and the Office of the Auditor General of the Federation (OAGF) six weeks to provide it with detailed reconciliation and audit reports of the amounts generated so far in the Treasury Single Account (TSA). The House said it’s ultimatum was necessitated by the need to know the […]

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wooden gavel and books on wooden table,on brown background

Court orders 7 banks to transfer $793 million to FG’s TSA

A Federal High Court in Lagos yesterday, ordered seven local banks to transfer a combined $793 million to the government Treasury Single Account (TSA) without delay following a petition by the Attorney General of the Federation (AGF) that they withheld monies collected on behalf of the Federal Government. The banks affected are United Bank for […]

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