30 results
- 23 Jun 2019
Abor, TSA Director Accuses MDAs of Operating Illegal Accounts
Sylva Abor, director, Treasury Single Account (TSA) has said that some Federal Ministries, Departments and Agencies (MDAs) are still operating illegal accounts outside the TSA. He explained…
- 1 May 2016
TSA Controversy an Unnecessary Distraction - Obaro
Mr. John Obaro, managing director, Systemspecs, the Information Technology firm that manages the Treasury Single Account (TSA) being implemented by the federal government of Nigeria. Obaro was at…
- 3 May 2016
In London, AGF Enumerates TSA Benefits, as Over 900 MDAs Join
Alhaji Ahmed Idris, accountant general of the Federation (AGF), has enumerated the benefits of the Treasury Single Account (TSA) to global audience in London, saying the federal government has…
- 10 May 2019
Reps Accuse Banks of Hiding $996m in Secret TSA Accounts
The House of Representatives this week alleged that the sum of $995.71 million was yet to be remitted to the treasury single account (TSA) by deposit money banks (DMBs) in defiance of the Federal…
- 17 Aug 2017
FG Begins Audit of TSA Remittances by Banks
The Federal Government has commenced an independent audit to ascertain the rate of compliance by Deposit Money Banks in the remittance of government funds into the Treasury Single Account (TSA). The…
- 1 Nov 2018
FG Shifts Burden to Payers in New TSA Regime Kicks Off
Federal government has approved a new Treasury Single Account tariff (TSA) model which mandates that the service charge on payment to its Ministries, Departments and Agencies (MDAs) from November 1,…
- 14 Dec 2018
CBN says TSA Transactions Value Hit N13.53trn in 2017
The Central Bank of Nigeria (CBN) says the migration of the Federal Government Ministries, Departments and Agencies (MDAs) to the Treasury Single Account (TSA) has led to positive growth in the value…
- 13 Jun 2021
TSA, BVN Eliminating Ghost Workers in Government – NITDA Boss
Malam Kashifu Abdullahi, Director General (DG), National Information Technology Development Agency (NITDA) said that the use of the Treasury Single Account (TSA) and Bank Verification Number (BVN)…
- 2 Jun 2016
FG Yet to Pay for TSA Apps
Mr. John Obaro, Managing Director of SystemSpecs, said his company is yet to get paid for the Treasury Single Account (TSA) apps which are currently being used by ministries, agencies and departments…
- 14 Dec 2021
FG Collects 7trn Through TSA
The federal government collected the sum of N7 trillion through the Treasury Single Account between January and November, this year. The Minister of Finance, Budget and national Planning, Mrs. Zainab…
- 15 Feb 2017
TSA Rakes in N5.2Trn in One Year
Since the commencement of the Treasury Single Account in September 2015, over 20,000 accounts with Deposit Money Banks belonging to Ministries, Departments and Agencies have been closed with a total…
- 18 Aug 2016
TSA: Why Nigerians Must See the Bigger Picture
It is often said that Nigerians are resilient and can ‘suffer and smile’ their way through any situation, however tough. Maybe so. Recently, the International Monetary Fund (IMF)…
- 1 Mar 2017
TSA & the Significance of Software Nigeria
If the nation is still searching for the alibi of the audacity and professional ability of Software-Nigeria, to effectively deliver world class solutions for the economic advancement, constructive…
- 17 Apr 2025
Reps Panel Demands N182bn Refund from Remita Over TSA Discrepancies
House of Representatives Public Accounts Committee has directed Remita, a financial technology firm, to refund N182.77 billion to the federal government. The sum was allegedly withheld from the…
- 29 Mar 2019
Upperlink to Provide State Govts with Improved TSA Solutions
Upperlink Limited, has shown its readiness to provide state governments with an improved Treasury Single Account solutions, even as the company have won the 2019 edition of Central Bank of Nigeria ’s…
- 20 Jul 2017
Court Orders Seven Banks to Remit $793m to TSA
Seven commercial banks in the country have been ordered by a Federal High Court in Lagos to temporarily remit a total of $793, 200, 000 allegedly hidden with them in contravention of the Federal…
- 12 Aug 2022
Pantami Confirms Loopholes in IPPIS, TSA, GIFMIS
Professor Isa Pantami, the Minister of Communications and Digital Economy, yesterday said there were loopholes in the Integrated Payroll and Personnel information system (IPPIS), Government…
- 13 Feb 2025
FG Order MDAs to Close Commercial Banks’ Accounts, Enforce TSA Policy
Federal government has directed all Ministries, Departments, and Agencies (MDAs) operating in states to close their accounts with commercial banks and fully comply with the Treasury Single Account…
- 28 Aug 2016
Heritage Bank Allays Fears over CBN Decision on TSA
Heritage Bank has described its recent Central Bank of Nigeria (CBN) suspension along with eight other banks from the foreign exchange transactions over alleged non remittance of the NNPC’s funds to…
- 16 Sept 2015
TSA: Banks to Lose $10Bn as Transfers Stall Money Market
Banks in the country made no bids on the interbank money market on Tuesday as they awaited instructions on how to comply with a directive to transfer government revenues into a s Treasury Single…
- 4 May 2016
Remita, TSA Platform Bags Awards
Remita, the e-payments and e-collections solution platform developed by SystemSpecs Limited, has won an international award. The platform is used by federal government agencies for the treasury…
- 22 Nov 2015
Subjecting INEC to TSA Spells Disaster- Jega
Prof. Attahiru Jega, the immediate past chairman of the Independent National Electoral Commission (INEC), has warned federal government that any attempt to subject INEC to the implementation of the…
- 9 Nov 2015
CBN Fines Skye Bank N4Bn over TSA
Central Bank of Nigeria (CBN) has imposed a fine of N4 billion on Skye Bank Plc for failing to render appropriate returns on accounts of some government institutions and agencies. This is contained…
- 24 Aug 2016
Nine Banks Trouble for Hiding NNPC’s $2.274Bn
Nine deposit money banks (DMBs) are in trouble for hiding over $2.274 billion belonging to the Nigerian National Petroleum Corporation (NNPC) from the Treasury Single Account (TSA). The Central Bank…
- 22 Sept 2016
FG to Showcase Remita, Benefits to Global Community at GiTEX
The federal government has expressed its readiness to showcase Remita, the e-payment gateway for its much acclaimed Treasury Single Account (TSA), on the international scene. Dr Vincent Olatunji,…
- 27 Nov 2012
Accenture Inks $250m Contract for Identity Management, Credentialing System
Accenture Federal Services has received a five-year contract from the U.S. Transportation Security Administration (TSA) to create identity management and credentialing system processes to verify and…
- 10 Jan 2017
Systemspecs to Deepen CBN’s ePayment Drive
Systemspecs Limited, promoter of Remita platform used by the federal government for its Treasury Single Account (TSA) said they are on the same page with the Central Bank of Nigeria (CBN) to deepen…
- 3 Aug 2017
NUC Urges Universities to Key into Remita
Abubakar Rasheed, Executive Secretary of the National Universities Commission (NUC), advised Directors of Academic of Planning of Nigerian Universities to key into the Treasury Single Account, (TSA),…
- 6 Dec 2014
AG, CBN Plug N126Bn Loss with Treasury Single Account
Chief Olu Falae, a former Secretary to the Government of the Federation, has said that one of the ways to enthrone fiscal regime in the country is to stop a regime where government agencies and…
- 14 Sept 2017
FG’s N70Bn Trapped in Failed Banks
Alhaji Ahmed Idris, accountant-general of the federation, on Thursday said over N70billion of funds belonging to the federal government had been lost to failed banks in the country. He said this in a…