First Bank has denied any wrong on the issue relating to the Federal Government’s directive on the Treasury Single Account in respect of a Nigerian National Petroleum Corporation dollar account. The bank said in a statement issued at the weekend by its Corporate Affairs Manager, Babatunde Lasaki, that the Central Bank of Nigeria was aware […]
Read More
By: Dele Adelaja, At about N13.595bn which belongs to the Nigerian Ports Authority (NPA) is held in three commercial banks and the Treasury Single Account (TSA) in the Central Bank of Nigeria (CBN). According to report, Of which about $24.1million (N9.399billion at N390 to a dollar) of the sum was lodged with Heritage Bank. Nothing was said […]
Read More
The Federal Government has claimed that it has saved an estimated N2trillion through the implementation of the Treasury Single Account (TSA). A top senior government official in the presidency who prefers anonymity disclosed that the recovered money has already been deposited in a escrow l account with the Central Bank of Nigeria (CBN). The source […]
Read More
