Nigeria Interbank Settlement System

Effective 1st April, only the newly revised bank cheques would be allowed in the clearing system and also accepted nationwide as the Central bank of Nigeria(CBN) extends the usage of the old instruments by another three months. The…

The Pension Transitional Arrangement Directorate (PTAD) has paid over N96 billion across all the operational departments of the Federal Government between July 2019 and August 2020. The Executive Secretary of the directorate, Dr…

The House of Representatives has resolved to probe an alleged non-remittance of stamp duty revenue by deposit banks in the country. The lawmakers paased the resolution after adopting a motion of urgent national importance brought before…