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TSA

2 Jun 2018
Since its full implementation in 2015, the Treasury Single Account (TSA) remains one of the current administration’s greatest accomplishments which the leading figures in this government do not fail to boast about at every opportunity they get. Truly, without meaning to take away from the feat TSA represents in a country like ours, it is…
23 May 2018
President Muhammadu Buhari yesterday said his administration would not tolerate mediocrity from any public or private citizens, but would do what it takes to reward excellence.
16 May 2018
The House of Representatives yesterday quizzed the managing director of the Stanbic IBTC bank, Mr Demola Sogunle as to why operated an Hyprep account of over N1 billion belonging to the Federal ministry of Environment allegedly in breach of the treasury single account (TSA) policy. The House, via, it's Mr Abubakar Nuhu Damburam led ad-hoc…
18 Apr 2018
1999 was a big year for Nigerian technology. The fear of the Y2K bug and the drive by institutions to become compliant was a boost to hardware sales and software implementation.
26 Mar 2018
The resistance by the legislature and judiciary to embrace the Treasury Single Account (TSA) is one of the greatest challenges to the fight against corruption in Nigeria’s public finance management...
28 Nov 2017
Since the middle of 2014, when the price of crude oil fell dramatically, Nigeria’s finances became challenged. This is not hard to explain: we’ve historically...
16 Nov 2017
An investigative committee of the House of Representatives yesterday uncovered some foreign monetary transactions involving Ministries, Departments and Agencies...
2 Jan 2017
Nigeria’s economy was affirmed recessed this year, but there remained raging controversy over its origin. Two schools of thought emerged- one blamed the current administration for policy flip-flop and aggravation of the matter. But the other said the situation was already out of control, but aggravated, not by policy choice, but by the economic structure-…
15 Dec 2016
Following President Muahmmadu Buhari’s corruption crusade and implementation of the Treasury Single Account (TSA), Kebbi State said analysis of the returns from the banks ...
13 Dec 2016
Remita is quite popular in the FinTech industry by all standards. But just in case it doesn’t ring any bells, it might interest you to know that the software has made enormous impact on the Nigerian economy in a relatively short time, and is giving us much global recognition as a cutting-edge indigenous financial technology.…
6 Dec 2016
Central Bank of Nigeria (CBN) yesterday debunked its former Governor and now Emir of Kano, Muhammadu Sanusi’s II claim last week that the Federal Government ...
2 Dec 2016
Financial technology giant SystemSpecs emerged ‘Online Payments Processing Company of the Year’ at the just-concluded Nigeria Technology Awards (NiTA) which held in Lagos recently. The City Mall venue of the event saw over 40 nominee-organisations across the economic spectrum jostling for recognition over ICT compliance in 2016. SystemSpecs stood out from the pack for the…

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1 hour ago
Justice Oluwatoyin Taiwo of a Lagos Special Offences Court, Ikeja, has exonerated former Managing Director of American International Insurance Company (AIICO) Capital Limited, a subsidiary of AIICO Plc., Lanre Fabunmi, of stealing and dishonestly converting N1.7 billion belonging to the firm. Others acquitted with him are: Onome Odometa, Olajumoke Akano and Olabode Ogunlere. The trial…
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Tony Blevins, vice president of procurement at Apple, is apparently leaving the maker of iPhones, MacBooks, and other consumer electronics after making an offensive remark that went viral on TikTok. In a video posted on September 5, Tiktok star Daniel Mac approached Blevin. In his series, he questions people who own expensive cars about their…
2 hours ago
The Federal Government has pledged to improve the welfare of Nigerian workers as the country marked its 62nd independence.
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A suicide bomber attacked an education centre in the Afghan capital on Friday where hundreds of students were preparing for university exams, killing at least 20 people, most of them young women.
4 hours ago
The US Congress approved $12.3 billion in aid Friday to help Ukraine battle its invasion by Russia as part of a stopgap spending bill that averts a chaotic government shutdown ahead of a midnight deadline.