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IMF Endorses Digital Money For Cheaper Remittance, Cross-border Payments

IMF Endorses Digital Money For Cheaper Remittance, Cross-border Payments       The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has called on governments and individuals to adopt digital money for “faster, easier and cheaper” remittance and cross-border payments. Georgieva stated this at a virtual workshop...

FG Not Monitoring 240 Revenue-generating Agencies – Senate

FG Not Monitoring 240 Revenue-generating Agencies - Senate       The Senate on Thursday expressed worry over the failure of agencies to remit revenues into the purse of the Federal Government. It also challenged the Office of the Accountant General of the Federation to develop a modern software...

NCS Moves Against Planned Termination of Remita Contract on TSA

The Nigeria Computer Society (NCS) has berated the Senate Joint Committee on Finance, Banking, Insurance and other Financial Institutions and Public Accounts, for recommending the termination of the 2013 contract awarded to SystemSpecs by the Central Bank of Nigeria for electronic collection and remittance...