Some financial experts have urged the Federal Government to strengthen taxes and levies collections to sustain the increase in the nation's non-oil revenue generation. The experts told news hunters in Lagos that government should tighten the existing loopholes in that sector to bridge the dwindling...

It was in June 2013 at an interview after a Monetary Policy Committee meeting, Alhaji Sanusi Lamido Sanusi, the Emir of Kano and the erstwhile Governor of the Central Bank of Nigeria (CBN) made some startling revelations to the effect that there were liquidity...

The Central Bank of Nigeria (CBN) and the Office of the Accountant General of the Federation (OAGF) are in active engagement to resolve the issue of fees payable based on existing contract to the federal government’s Treasury Single Account (TSA) platform provider and commercial...

Minister of Finance, Mrs Kemi Adeosun has revealed that the Treasury Single Account, TSA, has risen from N2.2trillion in February to N2.9trillion. Adeosun made the revelation while answering questions alongside the Minister of Budget and National Planning, Udoma Udo Udoma, from the National Assembly Joint...

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...

The Senate has slashed the N7.6 billion accrued charges to Systemspecs, commercial banks and Central Bank of Nigeria (CBN) from transfers to treasury single account (TSA) by government agencies to a meagre sum of N656.504 million. It also ordered the CBN to terminate the one...