TSA policy raises deposits in CBN to N7.8trn

TSA policy raises deposits in CBN to N7.8trn

The Single Treasury Account (TSA) policy in October 2015 has increased the total deposits at the Central Bank of Nigeria (CBN) to N7.8 trillion, indicating an increase of 6.5 percent above the level at the end of the preceding month. The development reflected the increase in deposits of the Federal Government. Of the total deposits…

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