Saturday, 18 February 2017

Banks lose N75bn revenue to TSA in 16 months

Ifeanyi Onuba Since the commencement of the Treasury Single Account in September 2016, a total of N75.2bn has been lost in revenue by the Deposit Money Banks as a result of the implementation of the policy. The amount represents the various charges and account maintenance fees, which where hitherto imposed by banks for holding government […]

from Punch Newspapers

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