Nigeria History and Current Affairs
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25
TSA - Treasury Single Account
A Treasury Single Account is a unified structure of government bank accounts enabling consolidation and optimal utilisation of government cash resources. It is a bank account or a set of linked bank accounts through which the government transacts all its receipts and payments and gets a consolidated view of its cash position at any given time.
A TSA therefore is considered a prerequisite for modern cash management and is an effective tool for the ministry of finance/treasury to establish oversight and centralised control over government’s cash resources.
CBN - Mobile Money Licensed Companies
1.Corporetti Support Services
2.UBA
3.GTBank
4.Ecobank
5.Monitise
6.Eartholeum
7.First Bank
8.ETB
9.Fortis Microfinance Bank
10.eTrazact
11.Chams
12.Paycom
13.M-kudi
14.IBTC Stanbic Bank
15.Hendomark
16.Pagatech