2015-09-08 | BSD/DIR/GEN/LAB/08/048

Deadline for Transfer of Federal Government Funds to Treasury Single Account

The Federal Government of Nigeria has set a deadline of September 15, 2015, for all banks to transfer government funds to the Treasury Single Account maintained by the Central Bank of Nigeria. Banks are directed to ensure compliance or face severe sanctions from the Central Bank of Nigeria. The letter, dated September 7, 2015, was sent to all banks by the Director of Banking Supervision, 'Tokunbo Martins.

Nigeria

Central Bank of Nigeria

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