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TSA transaction value hits 13.53trn in 2017 — CBN report

TSA transaction value hits 13.53trn in 2017 — CBN report

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 and volume of transactions recorded in end to end payments in 2017.

Pensioners to Buhari: You are the best

Pensioners to Buhari: You are the best

Retirees, under the aegis of Nigeria Union of Pensioners, Contributory Pension Scheme Sector (NUPCPS), have written to President Muhammadu Buhari, applauding his administration as the best they have seen in 14 years of the pension scheme.

Malabu scam : Nigeria sues Shell, Eni in London

Malabu scam : Nigeria sues Shell, Eni in London

The Federal Government said it had filed a 1.1 billion dollar lawsuit against Royal Dutch Shell and Eni in a commercial court in London  in relation to a 2011 oilfield deal in Nigeria.

Power generation rises, TCN transmits 116,659.8 mw in November

Power generation rises, TCN transmits 116,659.8 mw in November

The Transmission Company of Nigeria (TCN) rolled out 116,659.8 megawatts in November due to increase in electricity generation. The daily statistics of TCN operations obtained by newsmen from Nigerian Electricity System Operator (SO), a section of the TCN, indicated that 116,659.8 mw was generated from Nov. 2 to Nov. 30. This was against the 107, […]

Credit Direct CEO, Akinwande Ademosu gets Harvard Alumni recognition

Credit Direct CEO, Akinwande Ademosu gets Harvard Alumni recognition

The Managing Director Credit Direct, Akinwande Ademosu clinched the Harvard Business School Association of Nigeria (HBSAN) leadership awards for General Management at the Harvard Alumni awards in recognition for his excellent service in the financial lending space.