Treasury Single Account

The federal government retained revenue rose to N817.87 billion in November 2024, marking a 7.08 per cent increase from the previous month, driven by higher VAT receipts and exchange gains. However, this fiscal boost was offset by a…

Citibank Nigeria Limited may run into troubled waters with federal lawmakers over its failure to disclose the total sum of the fees it earned over the N643,427,225,110.96 revenue it collected on behalf of the federal government through…

Abia State Governor, Dr. Alex Otti, has set a September 1, 2023 target to migrate the state into a Treasury Single Account (TSA). Otti said from that date all monies accruing to the State will be paid into a single account. Likewise, all…

The President of the Senate, Ahmad Lawan, has accused Nigerian banks of colluding with ministries, departments and agencies (MDAs) of government to divert public funds. Lawan made the allegation on Thursday during his…

Gombe State Government has uncovered N1.48 billion from 586 undisclosed accounts and also 265 hidden accounts linked to the previous administration. Gombe State Governor, Inuwa Yahaya, disclosed this on Thursday while declaring open a…

One of the goodies of Covid-19 is the embrace of technology as a solution to the lockdown imposed by the virus and especially the legal industry where physical presence, prior to this time, is compelled. The Lagos…

AMINA HUSSAINI, Abuja The federal government has disbursed N43.416 billion or $120.6 million grants to 24 best performing states of which Kaduna alone got N3.96 billion having been adjudged the best among the beneficiaries.…

AMINA HUSSAINI, Abuja Minister of Finance Budget and National Planning, Zainab Ahmed says the federal government is restructuring the Treasury Single Account (TSA) to accommodate the donations to fight COVID-19 which currently…

The World Bank on Tuesday said 12 states missed out of its $4.5 million (N1.37 billion)  State Fiscal Transparency, Accountability and Sustainability (SFTAS)  Programme for Results 2018 grant for not meeting the eligibility criteria. Ms…

On December 2 the State Bank of Việt Nam issued 14-day bills worth VNĐ18 trillion (US$782.6 million) at an interest rate of 4 per cent through open market operations. Earlier, from November 18 to November 22, it had made a net cash…