Browsing Tag

Transaction

TSA Transaction Generates N13.35trn– CBN

admin Dec 14, 2018

By Abdullateef Jos The Central Bank of Nigeria (CBN) says the migration of the Federal Government Ministries, Departments and Agencies (MDAs) to the Treasury Single Account (TSA) stands at N13.53 trillion. It added that this has led to…
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Banks To Pay Fines For Failed Transaction Reversals , Others- CBN

admin Sep 17, 2018

The Central Bank of Nigeria has said that any failed Nigerian Instant Payment (NIP) transaction not reversed into the customer’s account within 24 hours based on complaint of the sender and/or beneficiary will attract a fine of N10,000.…
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