A don, Prof. Aja Akpuru-Aja, says that the Treasury Single Account (TSA) and the Ease of Doing Business (EODB) initiative have been achieving the desired results. Akpuru-Aja, a formal Directing Staff in the National Institute for Policy and Strategic Studies (NIPSS), Kuru, said this during the
The Federal Government has filed a notice of discontinuance of the suit it filed against seven commercial banks seeking the remittance of the sum of ₦287.9 billion allegedly hidden with them in contravention of the Treasury Single Account policy. The notice of discontinuance dated August 7, 2017 was brought pursuant to Order 50 Rule 2 […]
The United Bank for Africa (UBA) has said it has been readmitted by the Central Bank of Nigeria into the Foreign Exchange Market following its remittance of all NNPC/NLNG dollar deposits. An emailed statement from UBA reads “we are pleased to inform our valued customers, stakeholders and business partners as well as the general public that the CBN has […]