Friday, December 14, 2018
TSA transaction value hits N13.53trn — CBN
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. The bank made the assertion in the 2017 Annual Activity Report released by its Banking and Payments System Department on its Website.
NEDG/BON Vice Presidential Debate Holds Today
The debate is scheduled to hold by 7:00 p.m at the Transcorp Hilton Hotel. It will be transmitted live on all BON member stations and its affiliates and streamed live on all social media platforms. The presidential debate will also hold at the same venue on Saturday, January 19, 2018. The debate offers the platform for the vice presidential candidates to reveal to Nigerians their plans for the country as the nation prepares for the general elections next year.
World Debts Hit Record $184 Trillion
The International Monetary Fund (IMF) has said that the world debt has hit an all-time record of $184 trillion, an upward review from the $182 trillion it reported last week. The figure represents an average of $86,000 debt owed per person, according to a statement by Ting Yan, Press Officer at IMF, on ‘Global Debt Database (GDD) Update’.