The Senate has admitted as an error, the N25 Billion fraud allegation leveled against SystemSpecs Limited, the indigenous technology company engaged by the Government to provide its Remita platform for the Federal Government’s Treasury Single Account project. The admittance of […]
The full implementation of Treasury Single Account by the Buhari government, with the core objectives of blocking leakages in government revenues and expenditures across board, is quite outstanding and laudable for its clear potentials to salvage the Nigerian economy from […]
The Central Bank of Nigeria has recovered N8.6 billion deducted by a Lagos-based software firm, SystemSpecs, which provided the e-Payment/e-Collection solution used for the transfer of government funds from commercial banks to the treasury single account (TSA) domiciled with it, […]
The Treasury Single Account (TSA) contract that gave out 1% as remittance fee for all government accounts moved to the Central Bank of Nigeria was signed under the regime of Goodluck Jonathan in 2012, a CBN source has revealed. The […]
