TSA – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Sun, 14 Feb 2016 16:30:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png TSA – InfoStride News https://www.theinfostride.com 32 32 Nigeria To Cut N1.84tn Borrowing From TSA https://www.theinfostride.com/nigeria-to-cut-n1-84tn-borrowing-from-tsa/ Sun, 14 Feb 2016 16:30:26 +0000 http://www.theinfostride.com/?p=120579 The Federal Government of Nigeria has made known its plans to reduce the amount of borrowing needed to fund the 2016 budget from funds mopped up from government agencies through the implementation of the Treasury Single Account. Currently, the 2016 budget submitted by President Muhammadu Buhari has a deficit of N2.2tn. The deficit is to [...]

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]]> Soludo Condemns Treasury Single Account, Says It Is Inconsistent With The Objectives Of Creating Jobs, Reducing poverty https://www.theinfostride.com/soludo-condemns-treasury-single-account-says-it-is-inconsistent-with-the-objectives-of-creating-jobs-reducing-poverty/ https://www.theinfostride.com/soludo-condemns-treasury-single-account-says-it-is-inconsistent-with-the-objectives-of-creating-jobs-reducing-poverty/#comments Fri, 20 Nov 2015 11:45:32 +0000 http://www.theinfostride.com/?p=107904 Former Governor of the Central Bank of Nigeria (CBN) Professor Charles Soludo has shown over the years that he is never scared to air his views. He has spoken again, now faulting the implementation of the Treasury Single Account (TSA) by the Federal Government and the policy regime of foreign exchange restrictions of the CBN. [...]

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]]> https://www.theinfostride.com/soludo-condemns-treasury-single-account-says-it-is-inconsistent-with-the-objectives-of-creating-jobs-reducing-poverty/feed/ 16 CBN Governor Emefiele Forecasts Nigerian Economy May Go Into Recession In 2016 https://www.theinfostride.com/cbn-governor-emefiele-forecasts-nigerian-economy-may-go-into-recession-in-2016/ Wed, 23 Sep 2015 16:20:16 +0000 http://www.theinfostride.com/?p=100569 The Central Bank of Nigeria (CBN) has said that it is unaware of any memorandum exempting some institutions from the Treasury Single Account (TSA). The bank, therefore, called on all affected organizations to comply with the directive of moving their money to the central bank immediately. It also raised alarm that the country may go [...]

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]]> BoI, NNPC, PHCN, 10 Others Exempted From Treasury Single Account https://www.theinfostride.com/boi-nnpc-phcn-10-others-exempted-from-treasury-single-account/ Wed, 23 Sep 2015 06:52:09 +0000 http://www.theinfostride.com/?p=100458 13 government agencies have been exempted from the current Treasury Single Account (TSA) arrangement related to electronic or e-collection and mop up exercise of government funds from commercial banks. A circular exempting the agencies was communicated to the Central Bank of Nigeria (CBN) from the Office of the Accountant-General of the Federation (OAGF). The excluded [...]

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]]> CBN Governor Godwin Emefiele Allays Banks’ Liquidity Fears Over Treasury Single Account Implementation https://www.theinfostride.com/cbn-governor-godwin-emefiele-allays-banks-liquidity-fears-over-treasury-single-account-implementation/ Fri, 18 Sep 2015 14:48:51 +0000 http://www.theinfostride.com/?p=99772 There is rising tension in Nigeria’s banking industry over the implementation of the Treasury Single Account (TSA). However, the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged banks in the country not to panic. In an interview with Reuters yesterday, the CBN boss gave an assurance that he was ready to inject [...]

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]]> Every Bank Worker Now A Marketer As Liquidity Problem Worsens | #Nigeria https://www.theinfostride.com/every-bank-worker-now-a-marketer-as-liquidity-problem-worsens-nigeria/ Thu, 20 Aug 2015 07:30:04 +0000 http://www.theinfostride.com/2015/08/every-bank-worker-now-a-marketer-as-liquidity-problem-worsens-nigeria/ Some banks in Nigeria have given deposit targets to their workers as they face low cash inflow due to the shrinking of public sector funds component of banks’ deposit base. The overall cash inflow from the system in the month of August, so far, has been reported to be about N440 billion compared to about [...]

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]]> Treasury Single Account: Nigerian Banks May Lose Up To 2trillion Naira In Deposits https://www.theinfostride.com/tsa-banks-may-lose-up-to-n2trn-in-deposits/ Mon, 17 Aug 2015 05:31:07 +0000 http://www.theinfostride.com/2015/08/tsa-banks-may-lose-up-to-n2trn-in-deposits/ Nigerian banks would be losing about N2 trillion deposits to the Central Bank of Nigeria (CBN) following the implementation of the Treasury Single Account (TSA) in compliance with last week’s order by President Muhammadu Buhari (PMB). According to the directive from the Presidency, the implementation of the TSA by all ministries, departments and agencies (MDAs) [...]

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]]> Africa: New report raises concerns about the pace of reform and possible implications for security in Kenya https://www.theinfostride.com/africa-new-report-raises-concerns-about-the-pace-of-reform-and-possible-implications-for-security-in-kenya/ Sat, 16 Aug 2014 06:16:27 +0000 http://www.theinfostride.com/2014/08/africa-new-report-raises-concerns-about-the-pace-of-reform-and-possible-implications-for-security-in-kenya/ LONDON, United-Kingdom, August 14, 2014/African Press Organization (APO)/ — The latest report from Think Security Africa (TSA) (http://www.thinksecurityafrica.org): National Security Profile on the Republic of Kenya, raises concerns about the pace of reform in Kenya, and the need to ensure that existing security challenges do not negatively interact with changes in Kenya’s new political and [...]

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